New Ways to Redeem Capital One Venture Miles Amid the COVID-19 Pandemic

Thursday, April 23rd, 2020
Updated: April 23rd, 2020
The content is accurate at the time of publication and is subject to change.

It’s not a secret that when the coronavirus started to spread rapidly throughout the world, most countries closed the borders forcing companies working in the travel sphere, including airlines, hotels, etc., to suspend their work. People had to postpone their trips and stay at home until the end of the pandemic. Therefore, redeeming accumulated credit card miles became quite difficult in the current conditions.

Fortunately, Capital One credit cardholders now have more flexibility since the issuer added three more categories to spend miles on. The updates apply to owners of Capital One Venture cards. The newly available redemption options for the Capital One® Venture® Rewards Credit Card and the Capital One® VentureOne® Rewards Credit Card are as follows:

  • Takeout,
  • Food delivery (Uber Eats, DoorDash, Postmates, and others),
  • Streaming services (Netflix, Hulu, Spotify, Disney+, Kindle Unlimited, and others).

Similar categories also became available for holders of Capital One business credit cards, the Capital One® Spark® Miles for Business and the Capital One® Spark® Miles Select for Business, but with one small difference:

  • Takeout,
  • Food delivery,
  • Phone services.

To use Venture miles for purchases that fall under the listed above categories, cardmembers simply need to use the Capital One Purchase Eraser in their online account, as usual. To qualify for the offer, the purchases must be made with an eligible credit card within the last 90 days.

The new Venture rewards redemption options came into effect on April 16 and will be available until June 30.

All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.

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