Thoughts on the ability to use miles to offset the charge that triggers the $300 travel credit? I purchased a plane ticket that was $430 on the Cap1 portal and redeemed points for $130 so the net travel charge on my statement will be $300. I assume that I will get the annual credit to offset that charge. But will it be possible to then use existing points to go back and offset that $300 charge? I will give it a try but my statement does not close until 12/21.