How to redeem Capital One rewards for everyday expenses

Making room in your budget? Find out how to redeem Capital One rewards you’ve earned to help cover the cost of everyday expenses.

If your budget is tight, your Capital One rewards could make covering some everyday expenses more manageable.

Whether you’re earning cash back or miles, there’s more than one way to redeem your rewards. And there may be redemption options you haven’t considered.

Ways to redeem cash back or miles

Do you have a Capital One cash back or miles rewards card? If you do, there are a variety of ways to redeem your cash back and miles to help cover your everyday expenses.1

Here are a few to consider:

Redeem rewards for cash

If you want to redeem your rewards for cash, Capital One will mail you a check.

Redeem rewards for a statement credit

You can apply your rewards directly toward your account balance as a statement credit.2

Cover recent purchases

You can apply your rewards to directly cover certain recent purchases—including travel expenses like car rentals.

Get gift cards

You can redeem your rewards for gift cards to use at popular retailers, restaurants and more.

How to redeem rewards online and on the Capital One mobile app

Redeeming your Capital One rewards is easy. Just sign in to your account online or use the Capital One Mobile app. From there, you can select the amount you’d like to redeem and how you’d like to do it. It’s that simple.

You can redeem all your rewards at once if you want to. Or you can choose to redeem only some of your rewards. They’re yours for the life of your account. And once you’ve earned them, you can decide what makes the most sense for your budget. As long as your account is open and in good standing—it can’t be suspended, restricted, delinquent or in default—how you redeem your rewards is up to you.

Keep in mind that the value of the rewards you’ve earned could be offset or outweighed if you revolve a balance and accrue interest. Paying off your balance before you’re charged interest is a good way to make sure you get the most value from the rewards you earn.

More ways to redeem cash back or miles

There are even more ways you can redeem your cash back or miles to help cover your everyday expenses.

Here are a couple of other options to consider:

Use your rewards to shop at

You can link your eligible rewards card to your account and pay for eligible purchases using your miles or cash back rewards at Once you’ve enrolled, simply select Capital One rewards as your payment method at checkout, and then enter the number of miles or amount of cash back you wish to apply to your order.

Use PayPal Pay with rewards

Link your eligible rewards card to your PayPal account and apply your miles or cash back on eligible purchases when you check out at millions of places online, like Target®, Apple® and The Home Depot®. It’s a great way to use your rewards at many of the spots you already shop.4

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

Redeem Capital One Shopping credits for gift cards

Want to make your money stretch even further? Meet Capital One Shopping.

Capital One Shopping is a free browser extension tool that searches thousands of retailers and instantly applies the best available coupon codes and promo codes to your purchases, checks for better prices, and alerts you when items you’ve looked at drop in price. Simply add Capital One Shopping to your desktop browser and get started. 

You can even earn Capital One Shopping Credits on purchases when you shop at popular sites. And those credits can be redeemed for gift cards at dozens of top retailers, like Walmart® and eBay®.

Capital One Shopping is available even if you’re not a Capital One cardholder.5

1Redemption rates vary and are subject to change without notice.

2Account credits lower your account balance but do not count toward your minimum monthly payment obligation. Shop with Points available for eligible Venture X, Venture, VentureOne, Savor, SavorOne, Quicksilver, QuicksilverOne, Journey, and business rewards cards like Spark Cash, Spark Cash Select, Spark Miles, Spark Miles Select and Spark Classic with accounts open and in good standing. and the smile logo are trademarks of Inc. or its affiliates. Additional terms apply.

4PayPal Pay with Rewards is available to eligible Venture X, Venture, VentureOne, Quicksilver, QuicksilverOne, Savor, SavorOne, Spark Miles, Spark Miles Select, Spark Cash, Spark Cash Select, Spark Classic, and Journey Student account holders with accounts open and in good standing. and the PayPal logo are trademarks of PayPal Holdings Inc. or its affiliates. PayPal terms and conditions apply. Visit for additional details.

Capital One Shopping is offered by the Capital One family of companies and is available whether or not you are a Capital One cardholder. Enrollment required. Savings and available coupons vary.

Capital One Shopping Credits are subject to terms and conditions that are available at and are separate from any rewards you may be earning on a Capital One rewards credit card. Signing up for Capital One Shopping does not enroll you into any credit card rewards program.

The Capital One Online Privacy Policy does not cover the Capital One Shopping Services. The Capital One Shopping Privacy Policy can be found at

We hope you found this helpful. Our content is not intended to provide legal, investment or financial advice or to indicate that a particular Capital One product or service is available or right for you. For specific advice about your unique circumstances, consider talking with a qualified professional.

Capital One does not provide, endorse or guarantee any third-party product, service, information, or recommendation listed above. The third parties listed are solely responsible for their products and services, and all trademarks listed are the property of their respective owners.

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