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Best use of 110K Capital One points?

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Old Jun 23, 2011, 11:29 pm
  #826  
 
Join Date: Feb 2007
Posts: 754
Originally Posted by Happy
What does that have anything to do with the current $900 Raffles Gift Card (Travel Card)?
Because it would (have been) useful to have $900 of "free money" to spend at the resort? With Maldives free stays you still have to budget $250/night just to eat. This would make the out-of-pocket more enticing.
tjbrooks is offline  
Old Jun 24, 2011, 3:20 pm
  #827  
 
Join Date: Jun 2006
Posts: 100
Originally Posted by eknock007
Raffles GC's are no more.
And they are back, now at 64,500 miles each. Those who got in at 35K miles, congrats!
thehimalayas is offline  
Old Jun 25, 2011, 8:44 pm
  #828  
 
Join Date: Jun 2011
Posts: 721
Can I buy 100000 US Dividend miles on my capital one card and then ask them to consider this as a travel related charge and give me the credit.I have 210000 capital one miles.Is this possible.
flyer31 is offline  
Old Jun 25, 2011, 8:47 pm
  #829  
 
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Originally Posted by thehimalayas
And they are back, now at 64,500 miles each. Those who got in at 35K miles, congrats!
Shoot. I was hoping to get them. I don't have enough miles yet and was trying to get enough spending up to get them. Fooey.
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Old Jun 25, 2011, 9:09 pm
  #830  
 
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Darn and I already spent my $4500. Oh well 5 trips for two and free still is pretty good.
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Old Jun 26, 2011, 5:43 pm
  #831  
 
Join Date: Apr 2009
Posts: 55
Ive read page after page but still a bit confused as to the best use of these points.
So Cap One says book air through their ultimate rewards and get 25% more bang for your points. I tried but failed to see where the bonus has been applied. Flights that I can find for 35000-50000 miles on the airlines themselves, they want 70,000 for on their site.
So wouldnt doing a 1:1 transfer to an airline such as continental make alot of sense? For instance I fly often from cincinnati to bangkok, and continental offers best availability and best points price at only 65,000 miles. So 65,000 points would have a value of around $1200 for me, since that would typically be the cost for this flight. Am I missing something, or for me wouldnt this be the best bang for my buck? All the hotels I stay in are cheapies that I pay cash for, so cant really use the points there, and dont see how that would be a better usage of points.
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Old Jun 26, 2011, 8:30 pm
  #832  
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Originally Posted by thebestman36
Ive read page after page but still a bit confused as to the best use of these points.
So Cap One says book air through their ultimate rewards and get 25% more bang for your points. I tried but failed to see where the bonus has been applied. Flights that I can find for 35000-50000 miles on the airlines themselves, they want 70,000 for on their site.
So wouldnt doing a 1:1 transfer to an airline such as continental make alot of sense? For instance I fly often from cincinnati to bangkok, and continental offers best availability and best points price at only 65,000 miles. So 65,000 points would have a value of around $1200 for me, since that would typically be the cost for this flight. Am I missing something, or for me wouldnt this be the best bang for my buck? All the hotels I stay in are cheapies that I pay cash for, so cant really use the points there, and dont see how that would be a better usage of points.
Are you sure your card is the Venture card?

This thread is devoted to the Venture card redemption options, NOT other C1 cards which have a vastly different reward structure.

Venture card's miles can be used to offset travel expenses at straightly 1 mile = 1 penny ratio but you earn the C1 miles at a $1 spent earn 2 miles ratio so when redeemed for travel charges, it is a $0.02 per $1 spent.

A hotel stay is a TRAVEL activity and certainly can use points to offset the cost at the exact 1 mile = 1 penny ratio, redeemable within 90 days of the hotel stay. If you say you cant use your points, I am afraid you are talking about other types of C1 card.

Nobody here is using it to redeem for the airline tickets the way you talk about and again I believe that is for other C1 cards.

Last edited by Happy; Jun 27, 2011 at 7:33 pm
Happy is offline  
Old Jun 26, 2011, 9:37 pm
  #833  
 
Join Date: Nov 2010
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Originally Posted by Happy
Are you sure your card is the Venture card?

This thread is devoted to the Venture card redemption options, NOT other C1 cards which have a vastly different reward structure.

Venture card's miles can be used to offset travel expenses at straightly 1 mile = 1 penny ratio but you earn the C1 miles at a $1 spent earn 2 miles ratio so when redeemed for travel charges, it is a $0.02 per mile worth.

A hotel stay is a TRAVEL activity and certainly can use points to offset the cost at the exact 1 mile = 1 penny ratio, redeemable within 90 days of the hotel stay. If you say you cant use your points, I am afraid you are talking about other types of C1 card.

Nobody here is using it to redeem for the airline tickets the way you talk about and again I believe that is for other C1 cards.
True I was trying to figure out what this poster was talking about, since I used mine to purchase flights from airlines that I'll get EQM's for. Credits have already showed up on statement.
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Old Jun 26, 2011, 9:45 pm
  #834  
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Originally Posted by jjmiller69
True I was trying to figure out what this poster was talking about, since I used mine to purchase flights from airlines that I'll get EQM's for. Credits have already showed up on statement.
I used it to pay for the taxes on 2 award tickets. Since the charge was below $50 per ticket, Citi no longer would award flight points on its Premier Card so I use the Venture card to pay for it. Already redeemed the C1 miles multiple times to generate statement credits.
Happy is offline  
Old Jun 26, 2011, 9:54 pm
  #835  
 
Join Date: Sep 2007
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Originally Posted by thebestman36
Ive read page after page but still a bit confused as to the best use of these points.
So Cap One says book air through their ultimate rewards and get 25% more bang for your points. I tried but failed to see where the bonus has been applied. Flights that I can find for 35000-50000 miles on the airlines themselves, they want 70,000 for on their site.
So wouldnt doing a 1:1 transfer to an airline such as continental make alot of sense? For instance I fly often from cincinnati to bangkok, and continental offers best availability and best points price at only 65,000 miles. So 65,000 points would have a value of around $1200 for me, since that would typically be the cost for this flight. Am I missing something, or for me wouldnt this be the best bang for my buck? All the hotels I stay in are cheapies that I pay cash for, so cant really use the points there, and dont see how that would be a better usage of points.
You appear to be mixing up Capital One Venture miles with Chase Sapphire Ultimate Rewards points. Two completely separate beasts. Ultimate Rewards points get you 25% on airfare booked through Ultimate Rewards - 1 point is 1.25 cents. Meaning the 50K sign-up bonus isn't worth just $500, it's worth $625 when redeemed directly through the Chase program.

This thread is about redeeming Capital One Venture miles/points. They're all worth 1 cent each, with a very few specific exceptions discussed throughout this thread.
ArizonaGuy is offline  
Old Jun 27, 2011, 6:46 am
  #836  
 
Join Date: Apr 2009
Posts: 55
LOL, I am so sorry. I do have the Venture card, but also the saphire. I was looking at my saphire award booklet and got confused thinking it was for the venture. My apologies. Mind is going at 46.
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Old Jun 27, 2011, 3:47 pm
  #837  
 
Join Date: Aug 2009
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so i saw one person on ingys blog mention they were able to use venture points to cover amusement park tickets. has anyone done a similar thing? is it standard that they show up as a travel expense or do they need to be brought through a travel agent? anyone with any experience, please speak up
metallim is offline  
Old Jun 27, 2011, 4:43 pm
  #838  
 
Join Date: Feb 2007
Posts: 226
Originally Posted by metallim
so i saw one person on ingys blog mention they were able to use venture points to cover amusement park tickets. has anyone done a similar thing? is it standard that they show up as a travel expense or do they need to be brought through a travel agent? anyone with any experience, please speak up
Doesn't matter. Just buy your tickets and if they can't be credited online, a simple phone call will do.
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Old Jun 27, 2011, 8:30 pm
  #839  
 
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Originally Posted by thebestman36
LOL, I am so sorry. I do have the Venture card, but also the saphire. I was looking at my saphire award booklet and got confused thinking it was for the venture. My apologies. Mind is going at 46.
No problem, was just having a hard time with it. LOL
jjmiller69 is offline  
Old Jun 28, 2011, 1:07 am
  #840  
 
Join Date: Aug 2009
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Originally Posted by gerald5
Doesn't matter. Just buy your tickets and if they can't be credited online, a simple phone call will do.
they're always so flexible about these things on the phone?
metallim is offline  


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