Summary List Placement
- You can redeem Capital One miles at a fixed rate or transfer them to airline and hotel partners.
- Some partners are much better than others, and a few should be avoided because of poor value.
- Always compare how many miles you’d transfer with what you’d need to erase a paid travel purchase.
- Read Insider’s guide to the best rewards credit cards.
Table of Contents: Masthead Sticky
Historically, Capital One miles have been fixed-value rewards, with each mile worth 1 cent toward erasing travel purchases from your statement. A few read more ⇒