Capital One Letting You Use Miles on Takeout, Delivery, Streaming

Sara RathnerApr 17, 2020

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With travel at a near standstill because of the  outbreak, Capital One has made reward redemption more flexible for several of its travel credit cards.

Through April 30, 2021, holders of Venture and Spark travel cards can redeem miles to cover purchases of things like restaurant delivery and takeout, among other services. Crucially, miles redeemed for these new categories are worth one cent each, the same value they'd have if redeemed for travel — and a major improvement over the cards' normal redemption rate of half a cent per mile for cash back or statement credit.

"We understand that our customers’ day-to-day lives have changed, so we’re continually looking at providing value in new and different ways," a Capital One representative tells NerdWallet.

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The  and will allow 1:1 mile redemption for:

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The and  will allow 1:1 mile redemption for:

The process to redeem points in these categories is similar to how you’d use the Capital One  to offset travel costs. Once eligible purchases appear on your statement, request a statement credit by signing into your rewards account and selecting “Cover Your Purchases.” You’ll see a list of purchases eligible for mileage redemption from the past 90 days.

You can also , or to cover the cost of a Prime membership, but at a lower value. Miles are worth 0.8 cent each when redeemed on Amazon.com.

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