![]() Or you book your flight through the Capital One Rewards portal, with the added benefit of price protection and price alerts. Let’s say you have a frequent flyer account with British Airways, where miles or points are called “Avios.” You may transfer the bonus 75,000 miles to your British Airways account, adding the equivalent of 75,000 Avios. Once you’ve spent at least $4,000 in the first three months of owning the card, you may need to wait several weeks for the bonus miles to post to your account, so don’t plan on redeeming the bonus miles immediately. Imagine you are planning to use the 75,000-point bonus on an upcoming trip. You may redeem any amount for a check in the mail or an account credit. By logging into your Capital One reward account, you will see options for cash back at the rate of one-half penny for each mile. Cash Back ($375 value): You should avoid redeeming your bonus for cash back, as it delivers the lowest value of any redemption type.Although this is slightly better than opting for cash back, it is still well below the redemption rate of many cash back credit cards. S hop at ($600 value): You may redeem purchases at Amazon for 0.8 cents for each mile.It may take a couple of months for the credit to post to your account. Then, within 90 days from the date your travel purchase posts to your account, sign in to your account at and select Cover Your Travel Purchases. Redeem miles for expenses on a past trip ($750 value): Book your travel through your preferred travel website or travel agent using your Capital One Rewards card.The French hotel chain Accor only offers a 2:1 ratio, meaning you only get fifty cents to the dollar on points transferred. ![]() Taiwanese carrier EVA Air redeems at a 2:1.5 ratio, so you could redeem 10,000 Capital One miles for only $75 worth of EVA points. Two other transfer partners redeem less than on a 1:1 ratio. Before you transfer miles, make sure the travel you want to book is available. Since the points on these partner programs may vary in value depending on how and when you use them, the actual value of your transferred Capital One miles may be more or less than 1:1.
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