FlyerTalk Forums - View Single Post - Best use of 110K Capital One points?
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Old Mar 12, 2011 | 10:28 am
  #35  
babyshark31
 
Join Date: Mar 2011
Posts: 37
Originally Posted by iluvthsgam
you don't "get" $1,100. you get 110,000 points.

then you need to spend $1,100 ON YOUR VENTURE card

then you need to redeem those points for statement credits on your VENTURE CREDIT CARD STATEMENT so when the bill comes its really $0.
Originally Posted by iluvthsgam
he was saying "Depending on when you get the $1100" as the timing played a part of purchasing US miles - I was pointing out the fact that you don't "get" anything, it was more of the fact that you get the card, spend on travel, and then get it reimbursed by Capital1.
But if you don't have the $1,100 in credits to pay of the $1,100 you spent on the miles, then you can't buy the miles unless you have an extra $1,100 lying around. If you don't have $1,100 lying around and buy the miles now, you'll be forced to pay interest on that until you get the $1,100 in credit.

So it seems to me that the timing would matter, but I could just not be understanding something completely

Last edited by babyshark31; Mar 12, 2011 at 10:54 am
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