2025.8 Replace: The brand new provide is 20k+$100.
2023.5 Replace: The 40k provide is not obtainable. The present provide is 20k.
2023.2 Replace: There’s a 40k provide on this card.
Study Extra
Advantages
- 20k+$100 provide: earn 20,000 Capital One Miles after spending $500 in first 3 months. Plus, take pleasure in a $100 credit score to make use of in direction of flights, stays and rental automobiles booked by means of Capital One Journey throughout your first cardholder 12 months. The current finest provide is 40k.
- Earn 1.25x Miles on all purchases.
- The general worth of Capital One Miles is 1.6 cent/level. See beneath for a quick introduction.
- No overseas transaction charge.
- No annual charge.
Disadvantages
- Capital One will pull all three main credit score bureaus (Experian, TransUnion, Equifax) for one bank card utility!
Introduction to Capital One (C1) Miles
- You may earn C1 Miles with two sorts of playing cards: Miles incomes playing cards, or cashback earninng playing cards. Miles incomes playing cards primarily embody: Capital One Enterprise Rewards Credit score Card, Capital One VentureOne Rewards Credit score Card, Capital One Spark Miles for Enterprise. Cashback incomes playing cards primarily embody: Capital One Savor Money Rewards Credit score Card, Capital One SavorOne Money Rewards Credit score Card, Capital One Quicksilver Money Rewards Credit score Card, Capital One Spark Money Plus and many others.
- You may transfer your C1 Miles from one Miles incomes card to a different Miles incomes card at any time, and you may also transfer your cashback from a cashback incomes card to a Miles incomes card at any time. Nonetheless, you cannot transfer your Miles from a Miles incomes card to a cashback incomes card, due to this fact cashback is extra versatile than Miles in C1’s system.
- C1 Miles by no means expire. You’ll lose the C1 Miles on one card for those who shut the account, however you possibly can stop shedding your C1 Miles by transferring the factors to a different C1 card beforehand.
- You probably have a Miles incomes card, C1 Miles might be transferred to some airline miles and resort factors. Some good 1:1 switch choices are: Air Canada (AC) (Star Alliance), Avianca (AV) (Star Alliance), Asia Miles (CX) (Oneworld), British Airways (BA), and Wyndham resort factors, and many others. In the event you use C1 Miles on this approach, the worth is about 1.6 cents/level.
- You may redeem your C1 Miles in direction of journey expense at a hard and fast ratio 1.0 cent/level. You too can redeem your C1 Miles in direction of some retailers present playing cards at a hard and fast raiot 1.0 cent/level.
- You may redeem your C1 Miles in direction of assertion credit score at a hard and fast ratio 0.5 cents/level.
- In abstract, we estimate that C1 Miles are value about 1.6 cents/level.
Advisable Utility Time
- We suggest you apply for this card after you may have a credit score historical past of no less than two years and you might be very comfy with the bank card recreation.
- [1/6 rule] You may solely apply for 1 Capital One bank card for each 6 months, together with each private and enterprise bank cards. You’re going to get automated denial for those who violate this rule, however there will likely be no onerous pull.
Abstract
The welcome provide is fairly good for a no annual charge card. If you wish to earn a number of Capital One Miles, perhaps Capital One Enterprise of Enterprise X is extra appropriate. However what’s good about this card is it has no annual charge, so it’s downgrade choice. You have to be cautious that Capital One will pull all three main credit score bureaus (Experian, TransUnion, Equifax) for one bank card utility (see Traits of Main Banks for extra particulars).
Associated Credit score Playing cards
Historic Gives Chart
Study Extra
In the event you like this publish, do not forget to provide it a 5 star score!
[Total: 0 Average: 0/5]
