The way to convert Capital One money again into miles

It is simple to get caught up within the glamour of travel rewards cards and neglect that there are lots of good causes to keep a cash-back card in your wallet. Money-back playing cards usually have a easy incomes and redeeming construction, and you’ll’t beat the pliability of money rewards.

And when you’ve got a card that earns Capital One miles, you may have another reason so as to add a Capital One cash-back card to your pockets. With the suitable card pairing, you’ll be able to flip your Capital One cash-back rewards into transferable miles, making them much more beneficial.

Here is what you should know to maximise your Capital One earnings.

Which Capital One cash-back playing cards can convert to miles?

In case you have a Capital One cash-back card in addition to a Capital One card that earns miles, you’ll be able to mix your rewards in order that your cash-back turns into transferable Captial One miles.

To be eligible to show your cash-back into miles, you may want certainly one of these playing cards:

Then, when you’ve got one of many playing cards listed above, you’ll be able to flip cash-back rewards from any of those playing cards into miles:

With a card from every listing, you’ll be able to mix your rewards at a charge of 1 cent of cash-back to 1 Capital One mile, which we value at 1.85 cents due to the flexibility to switch to Capital One’s full range of 18 hotel and airline partners.

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Nevertheless, it’s value noting that whilst you can flip your cash-back rewards into miles, Capital One doesn’t provide the choice to switch your miles to cash-back on the identical charge.

The data for the Capital One Savor has been collected independently by The Factors Man. The cardboard particulars on this web page haven’t been reviewed or supplied by the cardboard issuer.

Associated: How to redeem Capital One miles for maximum value

Ideally, you need to pair a fixed-rate earning card with a card that has bonus categories. Since all eligible Capital One miles-earning playing cards earn at a flat charge, the best choice is to pair certainly one of them with a card within the Savor household since they earn bonus rewards on spending in particular classes.

If, for instance, you may have the Capital One Venture Rewards Card, you earn a stable 2 miles per greenback on all of your purchases. For those who even have the Capital One Savor card, you’ll be able to earn a powerful 4% again on eating, leisure, standard streaming providers and grocery retailer purchases.

The magic of this card pairing is that it lets you successfully earn 4 miles per greenback on these bonus purchases — double what you’d earn with the Enterprise Rewards card alone.

Associated: The best credit card pairings

The Capital One VentureOne Rewards Credit Card solely earns 1.25 miles per greenback on each buy however affords the identical redemption options because the Enterprise Rewards for no annual price (see rates and fees). The Capital One SavorOne Cash Rewards Credit Card affords 3% money again on eating, leisure, standard streaming providers and at grocery shops (excluding superstores like Walmart and Goal), plus 1% on all different purchases, additionally for no annual price (see rates and fees).

So, with this combo, you would basically earn 3 miles per greenback on eating, leisure and streaming providers and at grocery shops — with out paying any annual charges.

Associated: The SavorOne and VentureOne duo

Apply right here: Capital One Venture X Rewards Credit Card

Apply right here: Capital One Venture Rewards Credit Card

Apply right here: Capital One VentureOne Rewards Credit Card

Apply right here: Capital One SavorOne Credit Card