Go Back  FlyerTalk Forums > Miles&Points > MilesBuzz
Reload this Page >

Best use of 110K Capital One points?

Community
Wiki Posts
Search

Best use of 110K Capital One points?

Thread Tools
 
Search this Thread
 
Old Mar 14, 2011, 10:18 pm
  #46  
 
Join Date: Mar 2006
Location: Near ORD
Programs: AA LT Gold, Hyatt Diamond, HH Gold, SPG Gold, PC Plat Ambassador
Posts: 739
My plan, albeit not one that will allow me to get more value out of it like some people's, is to use the $1100 for MR hotel stays that I had planned to do anyway before even hearing about this card. I have a fast track to diamond w/Hilton for which I need 7 nights, and I also plan on trying to requalify for Hyatt Diamond by mattress runs, which will probably cost me about $1300 all in. The only thing I'll be losing out on is the hotel points that I would have earned had I used my Hyatt or Hilton Surpass card for these purchases instead of the Venture card.

To me, it's $1100 I would spend anyway, so it's like having that cash back!!

Now if we could only get the freakin' code!
blase is offline  
Old Mar 14, 2011, 10:34 pm
  #47  
FlyerTalk Evangelist
Original Poster
 
Join Date: Aug 2002
Location: Intermountain West
Programs: Too many to list
Posts: 12,082
I read OY (over yonder as in milepoint.com) that you can also use these points/pennies/scrip to pay for annual timeshare maintenance fees. With 5 timeshares I'm getting giddy.
philemer is offline  
Old Mar 14, 2011, 11:55 pm
  #48  
 
Join Date: Dec 2010
Location: Brentwood, Tennessee
Posts: 48
Can the $1,000 spend be satisfied with a $1,000 Mint purchase? And once the 112,000 points are acquired, can they be applied as a $1,120 statement credit against any kind of purchases? For instance, could I buy a $1,120 camera and use the points to reduct my bill to $0 via a statement credit?

Last edited by bpbenda; Mar 15, 2011 at 10:55 am
bpbenda is offline  
Old Mar 15, 2011, 7:08 am
  #49  
 
Join Date: Nov 2010
Location: NYC
Posts: 263
Originally Posted by bpbenda
Can the $1,000 spend be satisfied with a $1,000 Mint purchase? And once the 112,000 points are acquired, can they be applied as a $1,120 statement credit against any kind of purchases? For instance, could I buy a $1,120 camera and use the points to reduct my bill to $0 via a statement credit?
No, the points can only be redeemed as a statement credit against purchases that are coded a "travel" (hotel, airfare, some say taxi's work, etc.)
iluvthsgam is offline  
Old Mar 15, 2011, 7:12 am
  #50  
 
Join Date: Nov 2010
Location: NYC
Posts: 263
Originally Posted by davem666
If you fly southwest you can always buy a southwest ticket, get the reimbursement from Cap1, then cancel the southwest ticket for full credit.
Originally Posted by wolberine
Man, this move is totally the winner..can't believe I haven't thought of it before. I typically look for travel costs as close to $150 or $350 levels as possible to maximize yield. If I go this route I should be able to find something right at the thresholds.
This makes no sense to do because the credit is returned to your Venture card (both the points redemption and the southwest charge). Only advantage I see to this is that now you would have a $1,100 credit on your Venture card in which you can spend against anything, instead of just travel.
iluvthsgam is offline  
Old Mar 15, 2011, 7:48 am
  #51  
 
Join Date: Dec 2009
Posts: 22
Originally Posted by iluvthsgam
This makes no sense to do because the credit is returned to your Venture card (both the points redemption and the southwest charge). Only advantage I see to this is that now you would have a $1,100 credit on your Venture card in which you can spend against anything, instead of just travel.
Southwest does not refund to your credit card, they refund to Southwest credit. So you would basically be transferring the C1 credit to Southwest Credit. Probably most useful if you have the C1 annual fee coming due and want to cancel and our a frequent enough Southwest flyer that you will use $1100 over the next year.
davem666 is offline  
Old Mar 15, 2011, 10:16 am
  #52  
 
Join Date: Apr 2005
Location: In the sky
Posts: 58
Originally Posted by dhammer53
Apple Ipad for 109,000 points.

dh
Not sure that is the best value since you can pick up an ipad for a couple hundred dollars.
ajlindsay is offline  
Old Mar 15, 2011, 10:56 am
  #53  
 
Join Date: Dec 2010
Location: Brentwood, Tennessee
Posts: 48
Originally Posted by bpbenda
Can the $1,000 spend be satisfied with a $1,000 Mint purchase?
Anyone know the answer to this?
bpbenda is offline  
Old Mar 15, 2011, 11:16 am
  #54  
 
Join Date: Jul 2003
Location: los angeles,ca
Posts: 281
Originally Posted by philemer
I read OY (over yonder as in milepoint.com) that you can also use these points/pennies/scrip to pay for annual timeshare maintenance fees. With 5 timeshares I'm getting giddy.
thanks for sharing this info
yyyccclll is offline  
Old Mar 15, 2011, 1:02 pm
  #55  
 
Join Date: Oct 2003
Location: PDX/AUS
Programs: AA-UA-AS IHG-SPG-Carlson
Posts: 4,562
I assume no probem using these points
to offset taxes charged on a reward ticket ??
MrHalliday is offline  
Old Mar 15, 2011, 1:11 pm
  #56  
Suspended
 
Join Date: Nov 1999
Posts: 24,153
I can forsee a NY-MEL trip upcoming this summer for apx 21k+ in EQMs , if oil haults its constant up ticking
craz is offline  
Old Mar 15, 2011, 3:20 pm
  #57  
 
Join Date: Nov 2010
Location: NYC
Posts: 263
Originally Posted by bpbenda
Anyone know the answer to this?
it hasn't been mentioned in the coin thread so I am guessing it would satisfy the 1k spend requirement.
iluvthsgam is offline  
Old Mar 15, 2011, 3:21 pm
  #58  
 
Join Date: Nov 2010
Location: NYC
Posts: 263
Originally Posted by davem666
Southwest does not refund to your credit card, they refund to Southwest credit. So you would basically be transferring the C1 credit to Southwest Credit. Probably most useful if you have the C1 annual fee coming due and want to cancel and our a frequent enough Southwest flyer that you will use $1100 over the next year.
Sorry, I thought you were talking about purchasing a refundable southwest ticket. But, in your case, yes you are trading a credit for any travel purchase with credit on Southwest - that also expires 1 year from date of original booking - keep that in mind as well.
iluvthsgam is offline  
Old Mar 15, 2011, 3:32 pm
  #59  
 
Join Date: Aug 2005
Location: DFW
Programs: AA Exec Plat, IHG Plat, Marriott Plat, HHonors Diamond
Posts: 316
Where are you seeing a new iPad for a couple oh hundred dollars? I agree 109k might not be a great deal for the iPad but it is not a couple of hundred dollars
filelover is offline  
Old Mar 15, 2011, 4:19 pm
  #60  
 
Join Date: May 2008
Programs: AA PLT 2MM
Posts: 2,026
Originally Posted by bpbenda
Can the $1,000 spend be satisfied with a $1,000 Mint purchase? And once the 112,000 points are acquired, can they be applied as a $1,120 statement credit against any kind of purchases? For instance, could I buy a $1,120 camera and use the points to reduct my bill to $0 via a statement credit?
Originally Posted by bpbenda
Anyone know the answer to this?
Originally Posted by iluvthsgam
it hasn't been mentioned in the coin thread so I am guessing it would satisfy the 1k spend requirement.
We have to collectively stop answering these constantly repeated questions. If they can't read but one page in the coin thread to figure this out, then, let them sweat and get frustrated for never knowing the answer.
thehawk75 is offline  


Contact Us - Manage Preferences - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

This site is owned, operated, and maintained by MH Sub I, LLC dba Internet Brands. Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Designated trademarks are the property of their respective owners.