New Way to Redeem Capital One Rewards
This month, Capital One added an important extra redemption option for some of its credit cards. Such an introduction will surely appeal to lovers of shopping at online stores, and, more precisely, at Amazon.com. Yes, now owners of most Capital One credi
t cards get the opportunity to spend the rewards they earn on millions of Amazon items (except the restricted ones) due to a new partnership!
Redemption is to proceed on the basis of Amazon Shop with Points, a program that helps customers use rewards of participating rewards programs for purchases at Amazon.com. Let us remind you that several other major credit card issuers have already associated themselves with Amazon Shop with Points and allow their eligible account holders to redeem their rewards for Amazon online store purchases. The concerned financial organizations are American Express, Chase, Citi.
For Capital One credit card users the program went live on the December, 12 and is currently available for eligible Capital One Venture, VentureOne, Quicksilver, QuicksilverOne, Savor, SavorOne, Spark Miles, Spark Miles Select, Spark Cash, Spark Cash Select, Spark Classic, and Journey Student credit cards. Full terms and conditions can be found on the Amazon website.
All you need to do to join the program is to log in or register a new Amazon account and add your Capital One card to Shop with Points. After that, you will be able to pay for the chosen goods in your Amazon online store’s cart with Capital One rewards. The redemption value is 125 miles to $1. It is also possible to choose how many rewards to spend. The rest of the purchase can be paid with your Capital One credit card, an Amazon.com Gift Card or Amazon.com Payments Stored Value.
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