How to redeem Capital One rewards for everyday expenses

When you’ve got a Capital One rewards credit card, earning rewards when you make purchases is just half the equation. Redeeming those rewards for things like cash, travel, dining and entertainment is the other half. 

Learn more about how to redeem Capital One rewards.

Key takeaways

• Capital One offers rewards credit cards to fit a variety of interests. They include cash back cards, travel cards, and dining and entertainment cards. 
• After you earn rewards, you can redeem them in lots of ways: receive a check in the mail or a statement credit, cover a recent purchase, buy gift cards, book trips through Capital One Travel and more.
• To redeem rewards, sign in to your account online or use the Capital One Mobile app. 

Capital One offers a range of rewards credit cards, including cash back cards, travel cards and dining and entertainment cards. Here are a few to consider:

• Quicksilver, a card with unlimited 1.5% cash back on every purchase, every day. Plus, there’s no annual fee. View important terms and disclosures. New cardholders can get a one-time $200 cash bonus once they spend $500 on purchases within 3 months of opening an account.¹
• Venture, a travel card with unlimited 2X miles on purchases and 5X miles on hotels and rental cars booked through Capital One Travel. Plus, 75,000 bonus miles for new cardholders once they spend $4,000 on purchases within the first 3 months of opening an account.²
• Savor, a card with unlimited 4% cash back on dining, entertainment and popular streaming services, plus 3% at grocery stores.³ Plus, cardholders earn 8% cash back on purchases made on Capital One Entertainment.    

Once you have Capital One rewards, there are a variety of ways to redeem them.⁴

Here are a few to consider:

If you like the idea of having extra spending money on hand, you can choose to redeem your rewards for cash and Capital One will mail you a check. 

Apply your rewards directly toward your account balance as a statement credit.⁵

Use miles rewards to cover recent purchases. You can cover the entire purchase or a partial amount. 

Redeem rewards for gift cards to use at popular retailers, restaurants and more.

If you’re interested in another way to earn rewards that can be redeemed for gift cards, check out Capital One Shopping. It’s a free browser extension that automatically applies the best coupon codes at checkout and lets you know when prices drop on products you’ve viewed and purchased. It’s free to use. As you shop, you can earn rewards that can be used to redeem gift cards.

Pay for eligible Amazon.com purchases with rewards by linking your eligible Capital One rewards card to your Amazon account. Once you’ve enrolled, simply select Capital One rewards as your payment method at checkout.

Pay for eligible PayPal purchases with rewards by linking your rewards card to your PayPal account. Then apply cash back or miles when you check out at millions of places online, including Target®, Apple® and The Home Depot®. It’s a great way to use your rewards at many of the spots you already shop.⁶

When you’re ready to pay, make sure you choose PayPal checkout. Then select the Capital One rewards card you’ve linked as your payment method.

Use your Capital One miles or cash back to book flights, hotels and rental cars through Capital One Travel.

Use your card, rewards or a combination of the two to purchase tickets to thousands of sporting events, concerts and more with Capital One Entertainment.

Get even more travel flexibility by transferring your miles rewards to the airline and hotel loyalty programs of more than 15 Capital One miles transfer partners.⁷  If you have other Capital One accounts, you may be able to combine your rewards that way, too. And Capital One cash back cardholders can redeem their cash rewards for travel purchases on Capital One Travel.

Redeeming Capital One rewards is easy. Here’s how it works:

1. Sign in to your account online or use the Capital One Mobile app.⁸
2. Select View Rewards from the menu or after you select a specific rewards card.
3. Choose a redemption option and follow the prompts to redeem your rewards.

You can redeem all your rewards at once. Or you can redeem a portion of them. 

Capital One offers a variety of rewards credit cards and ways to redeem rewards. If you think a Capital One rewards credit card might be right for you, start by comparing cards. And with Capital One pre-approval, you can see if you’re pre-approved for a rewards card with no impact to your credit.