The Capital One Venture X Rewards Credit Card offers new cardholders a welcome offer of 75,000 bonus miles after spending $4,000 in the first three months of account opening. Additionally, the Capital One Venture Rewards credit card offers 75,000 bonus miles after spending $4,000 on purchases in the first three months of account opening, plus a $250 Capital One travel credit in the first cardholder year.
You can cover recent travel purchases at 1 cent per mile, making $750 toward 75,000 miles worth of travel. However, the real way to maximize Capital One miles is by transferring them to one of 15-plus airline and hotel transfer partners. Capital One allows cardholders to transfer their miles 1:1 to value programs like Avianca LifeMiles and Turkish Airlines Miles & Smiles, to name a few.
If you want to maximize your 75,000 Capital One miles, here are the five best redemption options.
Related: Capital One Miles: How to earn, redeem and transfer rewards
Fly round-trip to Europe in one of the world’s best premium economy products
By transferring your capital to a mile With Air France-KLM’s Flying Blue program at 1:1 rates, you can take advantage of some of the best redemption rates for flights to Europe.
The program now has standardized saver-level prices for all one-way flights between the US and Europe, regardless of origin or destination, as follows, meaning you can connect at no extra cost:
- 20,000 miles in economy
- 35,000 miles in premium economy
- 50,000 miles in business class
With 75,000 Capital One miles, you’ll have more than enough miles for a round-trip flight to Europe in premium economy. While Air France has a decent premium economy product, if you can find seats in KLM’s Premium Comfort cabin, we consider it one of the best premium economy experiences in the world.
Remember that these rates are only for the lowest saver-level seats, which are limited.
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Fly United Airlines Polaris Business Class to Europe
You can transfer your Capital One miles to the Avianca LifeMiles program to book business-class flights to Europe on United, Lufthansa, Austrian Airlines or Swiss for just 63,000 miles one-way.
You can also book short trips up to 4,000 miles in length, such as a trip from the East Coast to Western Europe, for 60,000 Aeroplan points through the Air Canada Aeroplan program. Another solid Aeroplan option is to redeem 70,000 points for flights up to 6,000 miles in length, such as San Francisco International Airport (SFO) to London Heathrow Airport (LHR) or Newark Liberty International Airport (EWR) to Athens International Airport (EWR). ATH) in Greece.
Yes, your 75,000 bonus miles from Capital One can score you a one-way flight to Europe in a lie-flat bed. You’re more likely to arrive rested, refreshed and ready to explore England, France, Spain, Greece and beyond.
Related: Is United Polaris Business Class Right for Singapore?
Save money on your next hotel stay
The program uses a fixed-value redemption scheme where you can redeem 2,000 points for a 40-euro (about $44) discount on your hotel stay. Since you’d need to transfer 4,000 Capital One miles to earn 2,000 total points, each of your Capital One miles would be worth 1.07 cents per point, making that 75,000-mile bonus worth $802.50.
RELATED: Why This New Luxury Hotel In Panama Will Get You Excited About Sofitel
Take the whole family on a Hawaiian round-trip
By spending the $4,000 required to earn bonus miles on any Venture card, you’ll earn at least 8,000 miles, since this card earns at least 2 miles per dollar on every purchase. Add that to the 75,000-mile welcome bonus and you’ll have at least 83,000 Capital One miles to redeem.
One of Capital One’s airline partners, Turkish Miles & Smiles, is a solid transfer option for flights. Unfortunately, at the beginning of this year, the program Announced significant discounts on its previously well-priced flights to Europe, but there are still some great sweet spots to be found.
For example, you can fly from US mainland cities to Hawaii on United for just 10,000 Turkish Airlines miles per person. This means you can book a round-trip flight for a family of four using 80,000 Capital One miles transferred to Miles & Smiles (eight one-way flights booked for each 10,000 miles).
Book 12 domestic flights on American Airlines or Alaska Airlines
This one requires a bit more work, but for the great price, it’s worth it. Qatar Airways Privilege Club offers domestic flights up to 650 miles on partner airlines such as American Airlines and Alaska Airlines for 6,000 Avios. This is now the cheapest way to redeem Avios for domestic flights.
While Privilege Club is not a Capital One transfer partner, British Airways Executive Club and Finnair Plus are both. You can transfer your Capital One miles to British Airways or Finnair and then to Qatar Airways, all at a 1:1 rate.
Then, with the 75,000-mile welcome offer, you can book 12 domestic flights up to 650 miles in length and still have extra miles left over to book another flight.
Related: Month-by-month guide to cheap US domestic flights
Bottom line
Capital One’s 75,000-mile welcome offer can unlock incredible redemption options, whether you want to fly domestically, visit Hawaii or Europe, or save money on your next hotel stay.
Don’t miss out on the generous bonus miles available through Capital One Venture X Rewards Credit Card and Capital One Venture Rewards Credit Card.