New to the travel rewards world? Confused by how airline miles or hotel points work? This is the beauty of using points from cards like the Capital One Venture X Rewards Credit Card or the Capital One Venture Rewards Credit Card: There's nothing simpler than redeeming miles to cover travel purchases using Capital One Venture Miles.
Along with the VentureOne card, these cards offer the ability to cover the cost of flights, hotels, or even Airbnbs or cruises. It's incredibly versatile: You can use them to book almost any travel expense imaginable. And there's no easier way to book travel … than making it free.
Looking for an easy way to earn and use travel rewards points? Here's how using Capital One Venture Miles to cover travel purchases works.
Related Reading: 9 Unique Ways to Use Capital One Venture Miles for Travel
How to Use the Capital One Venture Miles to Cover Travel Purchases
There's a growing list of ways to put your Capital One miles to use.
Sure, you can earn miles on your Capital One card and transfer them to one of nearly 20 airline and hotel partners. You can even book travel directly through the new and improved Capital One travel portal. But the easiest way to use these miles – and arguably the easiest way in the whole wide world of points and miles – is to pay for travel with your Venture card and then later remove that charge with Venture Miles.
Let's say you've recently picked up the Capital One Venture Rewards Credit Card. Once you've spent $4,000 within the first three months of opening the card, you'll earn a 75,000-mile bonus. Using this option, those miles can be redeemed for 1 cent apiece towards any travel-related purchase.
That means you've got a cool $750 in value sitting in your account. Here's exactly how to put it to use:
Step 1: Put Travel-Related Purchases on Your Card
So, you've earned the 75,000-point sign-up bonus – or perhaps you've continued spending on this card and racked up even more miles. Now it's time to use them on some travel expenses.
Start by putting any travel expenses on your Capital One Venture card. Capital One considers “travel costs” to be a multitude of things. From Airbnb stays to Uber rides, to flight and hotel purchases and even cruises – all of these count as “travel.”
That's right: Just pay for your flight, hotel, Uber, or parking fee with your Capital One card. Then give it a few days for your purchase to finalize and post to your account.
One note: It's totally fine to purchase non-travel purchases on your card. You just won't be able to redeem your miles by “erasing” them. On the plus side, you'll still earn 2x miles for every dollar you spend on the Venture card.
Now let's take a look at how to erase those travel purchases.
Step 2: Remove Travel Purchases
The second (and final) step in this process is to redeem your miles to cover the travel purchase.
Start by logging in to your Capital One account and click the Redeem button on your homepage.
Next, select how you'd like to redeem your miles: You can book flights or hotels directly through Capital One, get gift cards, redeem for cash, or transfer Capital One miles to one of their partner airline or hotel programs. Still, the easiest (and our favorite) way to redeem Capital One rewards is the “Cover Travel Purchases” function.
From this page, select “Cover Travel Purchases.”
Once you've selected to cover your travel purchases, you'll be taken to a page where you can select which of your travel-related purchases you've made on your Capital One Venture card you'd like to “erase.” This includes all travel transactions from the last 90 days.
Don't have enough miles – or don't want to spend them all? You can even redeem miles to cover just part of a purchase. As you can see, we've got the option here to redeem Venture miles to erase the cost of train tickets and an Uber ride in Rome.
When using Venture Miles to cover travel purchases, each Venture mile is worth 1 cent. That means the 4,014 miles we've got in this account are worth $40.14. And we can cover the cost of a $9.40 train ticket from Rome (FCO) Fiumicino Airport for 940 Venture miles.
Select which travel-related purchase you want to erase, and voila! Your points will be deducted, and your purchase will be erased from your account. Or click each field and type in how many points you'd like to use to cover part of that purchase.
Once you hit that green “Confirm” button, you're done! You'll have just completed one of the easiest travel rewards redemptions known to man.
Keep in mind that you have 90 days to “erase” a travel purchase before it's no longer available. If you're ready to use those miles, don't wait too long to erase some recent travel purchases!
How to Earn Capital One Venture Miles
To spend Capital One Venture miles wisely, you’ve first got to earn them. You’re in luck: There are a handful of cards that can help you bolster your balance of Venture miles, including a brand new option.
The Capital One Venture X Card
There’s a new kid on the block, and it might just be the best travel credit card we’ve ever seen.
The Capital One Venture X Rewards Credit Card is the bank’s very first premium travel card. Think of it as a souped-up version of the ever-popular Capital One Venture Rewards Credit Card that’s chock full of extra benefits: Access to Capital One Lounges and Priority Pass lounges, a $300 annual travel credit, a credit for Global Entry or TSA PreCheck, great travel and rental car insurance protection, and more. The annual fee clocks in at $395 a year, but the benefits can easily outweigh that.
Here’s the best part: You can currently earn 75,000 Venture Miles after spending $4,000 in the first three months. Considering you earn at least 2x for every dollar you spend on the Venture X Card, you’ll earn a total of at least 83,000 Venture Miles.
Click Here to learn more about the Capital One Venture X Rewards Credit Card.
The Capital One Venture Card
The Capital One Venture Rewards Credit Card has been a fan favorite among travelers for years – and for good reason. It’s truly one of the best travel credit cards for beginners.
You earn 2x points on every purchase and even get a credit that covers the cost of Global Entry or TSA PreCheck – all for a card with a $95 annual fee.
Capital One currently offers a welcome bonus of 75,000 miles once you spend $4,000 on purchases within three months from account opening. This is equal to $750 in travel expenses – or get even more by transferring those 75,000 miles to partner airlines or hotels.
Click Here to learn more about current offers for the Capital One Venture Card.
Capital One VentureOne Card
Think of the Capital One VentureOne Rewards Credit Card as the littlest sibling to the Venture X and Venture Card.
It’s a no-annual-fee card that will earn you 1.25x miles per dollar you spend. The welcome bonus is smaller, too – though still quite nice. You can currently earn bonus_miles_full
Learn more about the card_name
Bottom Line
The beauty of Capital One Venture Miles are there simplicity. There's no easier way to redeem rewards for travel than using Venture Miles to cover travel purchases.
Whether your redemptions are big (like spending those 75,000 Capital One miles you get on the sign-up bonus to “erase” a $750 flight to Europe) or small – like using miles to “erase” every Uber ride you take over the next month from your statement – you'll quickly master this foolproof way to get into travel rewards.
What happens if I used purchase eraser for a flight that then gets canceled due to Covid-19? Can I get the rewards points?
Hi Heather! If the airline cancels your flight, you’re due a refund. If you booked with your Venture card, that refund would go back onto your card as a statement credit, worth the same amount of points you used.
If I bought a hotel stay on my card through Hotels.com, will I still accrue the 10×1 points even if I erase the purchase after I buy?
Hi Brandon! Unfortunately, Venture’s promotion for 10x points with Hotels.com ended January 2020.
To get the extra points on travel (hotel, flight, car rental) you have to purchase through the capital one app or website. You can still use the purchase eraser on any travel no matter where you purchase from.
Can I deduct the amount I used the points for from my next payment?
Hi Russel, when you use the Purchase Eraser, you are using points to remove a travel-related purchase. This will deduct that cash amount from your next statement. Hope this helps!
I booked an AirBnB, then used my Cap One points to “erase” the purchase. I had to cancel the AirBnB. I got a $ refund, but what about a refund of my points? I can’t seem to figure it out. I spoke to a rep and said the points would be refunded, but it has been a month and nothing.
Did you ever get an answer to this I am in the same situation
Are theme park tickets erasable? I have 0% for the next 6 months
Hi Deva! Theme park tickets are not specifically included in what Capital One codes as “travel”.
If it’s something like Disney or Universal you can use a third party like Undercover Tourist and purchase through them. Then it should post as travel and you can erase.
How soon can I pay off purchases and still get the points? Can I make a purchase, pay it off the same day, and get the miles?
As soon as you want. No issues with that.
If I pay off my card monthly, can I still use the eraser on travel purchases? Will that come out a statement credit?
You can. But you’ll be able to erase purchases as soon as they post to your account within a few business days. You might as well erase them right away before paying down the full balance, but either way should work. It would just appear as a statement credit.
If I have a Travel Purchase worth 140,000 miles and I only have 100,000 accumulated miles to use to erase, will this Travel Purchase stay opened for the other 40,000 to apply future accumulated miles to it?
Hi Susan, I am not aware of any restriction to applying miles to the same transaction more than once. However, purchases will be available to remove for only 90 days.
If I book a flight through the portal at 5x can I then erase the cost using my miles?
You can!
Follow-up to this question – if you erase the purchase does it also erase the 5x points you gained for it? For example:
If I purchase a $100 flight through the portal, I’ll gain 5x points (500 points). I can then use 10,000 points to erase purchase. Will I still keep the 500 points I gained or are those erased along with the purchase?
Hi Kevin, you would still get to keep the 5x points you earned from the purchase.
If I book a hotel room using the Capital One portal getting 10x points, can I erase the cost using my miles after the purchase is made? Do purchases in the Capital One portal code as travel for Capital One?
Hi,
Can I open this card and use it to pay for a flight (i.e., the flight amount would go to the minimum spend) and then once I meet my minimum spend and get the bonus points, erase my flight purchase? Or would the flight not be able to be erased since I didn’t have the points at the time of purchase?
Hi Lauren. Great question! This absolutely works. Eligible purchases will be an option to use your points for 90 days. So once you get your points, it should still be available.
This is super helpful! Any idea if there are restrictions on which travel purchases are eligible to be covered/erased? Specifically, i am booking a marriott stay and should be able to pay myself back with all the points i have, but is there any chance marriott purchases arent eligible?