Originally Posted by
koctail
I have a hotel stay coming up that is going to cost just about $1000. If I put the entire cost on my Cap1 card therefore meeting the $1K spend threshold will they credit the $1K? (I have the 100K miles reserved already) In this line of thinking I don't have to do coins or some other method to hit the $1K spend. I guess what I am saying is if the initial $1K in spend, if it is on travel, can be credited as that is the spend that qualifies me for the deal?
Yes, that is what I am planning to do as well. If you go to award redemption (even though you don't have the miles yet), you will see that you need 100 points per dollar of reimbursement. For example: I bought a ticket for $500, it is credited as an airline purchase and I get the option in my account to get credit for it. Therefore, to get statement credit worth $500, I will have to use 50,000 points. Hope that helps make it a little bit clearer.