How to Redeem Capital One Venture Rewards Credit Card Points — Best Options (2026)
4 redemption options compared. Find the best value for your Capital One Miles.
Best Redemption Strategy
Transfer to partners or erase travel purchases for 1 cpp. Avoid non-travel cash back at 0.5 cpp.
All Redemption Options
Transfer to Travel Partners
Best ValueTransfer to 15+ airline and hotel partners
Value per point: 1 - 1.5+ cents
Erase Travel Purchases
Best ValueApply miles to past travel purchases at 1 cpp
Value per point: 1 cent
Capital One Travel Portal
Book travel through Capital One's portal
Value per point: 1 cent
Cash Back
Redeem as a statement credit
Value per point: 0.5 cents
Redemption Portal
Open Capital One Rewards Portal →Understanding Point Value
Miles worth 1 cent each when erasing travel purchases. Can also transfer to airline/hotel partners. Annual fee $95. No foreign transaction fees.
Frequently Asked Questions
What is the best way to redeem Capital One Venture Rewards Credit Card points?
Transfer to partners or erase travel purchases for 1 cpp. Avoid non-travel cash back at 0.5 cpp.
Can I convert Capital One Venture Rewards Credit Card points to cash?
Yes, cashback redemption is available but typically offers lower value per point compared to other options.
Is there a minimum points requirement to redeem Capital One Venture Rewards Credit Card points?
Minimum redemption requirements vary by option. Check the Capital One rewards portal for specific minimums for each redemption type.
Do Capital One Venture Rewards Credit Card points expire?
Miles do not expire as long as your account is open.