7 best ways to use Venture miles

The time has come: You’ve racked up your Capital One Venture card rewards miles, and you’re ready to use them. With so many ways to redeem your Venture miles, the possibilities can seem endless.

What you’ll learn: 

• There are flexible ways to use Venture miles, including covering a recent travel purchase, getting cash back as a statement credit and booking trips through Capital One Travel.
• Other redemption options include transferring miles to Capital One travel partners, redeeming miles for gift cards and shopping with miles online.
• You can also use Venture miles to buy tickets to thousands of unforgettable events on Capital One Entertainment.

The Venture card is designed with travel lovers in mind. Venture miles can help cover qualifying travel purchases from the last 90 days. Whether you booked a flight, rented a car or booked a hotel, your miles can help offset those expenses and keep more money in your wallet.

You can use Venture miles to book trips through Capital One Travel. If your miles don’t cover the entire purchase, you can use your Venture card to pay for the rest. And Venture cardholders earn 5X miles on hotels, vacation rentals, rental cars and activities booked through Capital One Travel.

So whether you’re jet-setting to Cozumel, relaxing and recharging on a wellness retreat or planning a family vacation, your Venture card can help you get there.

Transfer miles to Capital One travel partners. Conversion rates vary, but most airline partners offer a 1:1 conversion ratio. Capital One hotel partners offer 1:1, 1:2 or 2:1 conversion ratios.

Miles might be converted to points or miles, depending on the travel partner. Here’s a breakdown of how different conversion ratios look: 

• 1:1 ratio: 1,000 Venture miles converts to 1,000 miles or points.
• 1:2 ratio: 1,000 Venture miles converts to 2,000 miles or points.
• 2:1.5 ratio: 1,000 Venture miles converts to 750 miles or points.
• 5:3 ratio: 1,000 Venture miles converts to 600 miles or points.
• 2:1 ratio: 1,000 Venture miles converts to 500 miles or points.

Redeeming your Venture miles for a statement credit or check gives you a convenient way to turn miles into cash. Statement credits should appear in your account in as little as two to three business days. And checks are mailed within three business days.

Turning Venture miles into gift cards can be the perfect way to pay for everyday expenses, give a gift to a loved one or treat yourself to something special. Gift cards may be available from an array of participating merchants, including:

• Retail stores
• Restaurants
• Food delivery services
• Spas and wellness brands
• Gas stations
• Grocery stores

You can use your miles to pay for purchases at Amazon.com or shop online through PayPal®. Once your Venture card is linked to your Amazon.com or PayPal account, it’s easy to apply your rewards at checkout. And if you don’t have enough miles to cover the full purchase, you can use your Venture card for the remaining amount. Venture cardholders earn unlimited 2X miles on every purchase, every day.

Use your miles, Venture card or a combination of both to snag tickets to thousands of can’t-miss events across music, sports, dining, theater and more on Capital One Entertainment. If you use your Venture card, you can earn 5X miles.

The Venture card lets you earn unlimited miles that won’t expire for the life of the account. And with so many redemption options, you can use your miles your way. Whether you’re covering a recent travel purchase, booking a trip, shopping online or simply converting miles to cash back, the sky’s the limit. 

Flexible rewards redemption is just the beginning of what makes the Venture card special. If you don’t have a Venture card, you can learn more about it and apply today.