Wish to save much more cash when reserving flights and resorts together with your Capital One Enterprise Rewards Credit score Card?
TPG values Capital One miles at 1.85 cents every, per our March 2025 valuations, while you switch your miles to airline and resort companions similar to British Airways, Turkish Airways and Wyndham Accommodations. However when you do not plan to switch your miles to certainly one of Capital One’s 15-plus companions to maximise your rewards, this is a simple hack you should utilize.
With the Capital One Enterprise Rewards Credit score Card, you will earn 5 miles per greenback spent on resorts, trip leases and rental vehicles booked via the Capital One Journey portal and a couple of miles per greenback spent on all different purchases.
As a limited-time supply, new cardholders can earn 75,000 bonus miles after spending $4,000 on purchases inside the first three months from account opening, plus a $250 Capital One Journey credit score to make use of within the first cardholder yr.
So, the place do further financial savings are available?
When you e-book via Capital One Journey, you may pay with miles at a set worth of 1 cent per mile or with money. For instance, for this keep in Miami, at checkout (not together with the resort service charge due at check-in), you will pay both $411.74 or 41,174 miles (a price of 1 cent per mile).
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When you had been to redeem your miles at checkout, your card would by no means be charged; due to this fact, you wouldn’t earn any extra rewards. Nevertheless, when you had been to pay together with your Enterprise Rewards card, you’d earn 5 miles per greenback spent on this buy. That interprets to 2,058 miles.
Since Capital One additionally allows you to cowl journey purchases out of your assertion inside 90 days of the acquisition date at a charge of 1 cent per mile, redeeming your rewards this manner lets you earn miles in your spending.
Subsequently, as soon as this journey buy is posted to my account, I can nonetheless use 41,174 Capital One miles to take away it from my assertion as if my card was by no means charged. As a result of I initially bought my journey with money as an alternative of redeeming my miles, I am 2,058 miles richer. That is round a 5% rebate on my resort reserving via the portal.
The draw back to doing this? You probably is not going to earn resort factors or have the ability to use elite standing advantages on bookings made via Capital One Journey. It is because the main resort chains often require you to e-book on to obtain these advantages. Nevertheless, flights booked via Capital One Journey sometimes earn miles as standard and are eligible for all elite standing advantages, so ensure you add your frequent flyer quantity earlier than you fly.
Subsequently, when you do not plan to switch your Capital One miles to companions however wish to redeem your rewards on resorts, trip leases and rental vehicles, you may e-book via the Capital One portal and pay together with your bank card, incomes 5 miles per greenback spent. Then, redeem your miles at a charge of 1 cent per mile to successfully save 5% on all resorts, trip leases and rental vehicles.
