FlyerTalk Forums - View Single Post - Best use of 110K Capital One points?

Mar 12, 2011 | 2:26 pm

#40

USAFAN

Join Date: May 2000

Location: Naples, Florida

Posts: 7,419

Quote:

Originally Posted by swag

So I get 10K for opening the account, and then 100K for the miles match once I spend $1000. But that $1000 will generate another 2K miles. So now I have 112K miles, not 110K.

Do the miles post promptly, and can you both earn miles as well as use miles to pay off the same purchase? If I then spend $1120 on travel, that normally generates another 2240 miles. So if I could spend $1142 instead and earn 2284, giving me 114284 total to pay off the balance.

So is this offer worth not $1100 but $1142?

swag:

I think you are correct! I had a Capital One card ... which I canceled some month ago. And I believe your calculation is correct. And yes, the miles post promptly!
Has somebody had a (canceled) Capital One card and still got this 110K offer?

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