Capital One Cardholders Can Now Use Rewards to Shop
Today, Capital One has launched two new rewards redemption option for eligible personal and business cardholders to shop their favorite brands.
Capital One rewards cardholders can now use their cashback or miles to purchase competitively priced products from hundreds of their favorite brands such as Kate Spade, Dyson, Marc Jacobs, etc. Cardholders can purchase directly from their Capital One account. Tech-loving cardholders can also redeem rewards for Apple® products, including AirPods®, Apple Watch®, iPhone®, and MacBook Pro®, with a clean shopping experience resembling Apple.com.
To celebrate this new way to redeem cashback and miles, Capital One is offering an improved redemption value. Cardholder-exclusive promotions include 10% off Apple Airpods® and up to 25% off products from Kate Spade, Tumi, and Samsonite until November 15. During the launch promotion, miles rewards cardholders will receive an additional 20% off base pricing, increasing their discount up to 40%. Special launch pricing on coveted merchandise includes:
- Apple AirPods® 3rd Generation with Lightning Charging Case
- Original Price: 22,730 Miles or $182
- Promotional Price: 16,181 Miles or $165
- Tumi Alpha 3 Medium Travel Tote
- Original Price: 56,792 or $454
- Promotional Price: 33,949 Miles or $348
- Dyson Air Wrap
- Original Price: 81,104 Miles or $649
- Promotional Price: 57,854 Miles or $589
As you can see, the value you get for your miles is just over 1 cent each during this promotion. That’s decent but not great. Plus you might be able to find cheaper cash prices elsewhere.
HERE is the official link to the new redemption channel, and to redeem rewards for Apple products visit HERE.
Cardholders eligible to shop with rewards include Quicksilver, QuicksilverOne, Quicksilver Student, Quicksilver Secured, Savor, SavorOne, SavorOne Rewards for Students, Venture X, Venture, VentureOne, Spark Cash Plus, Spark Cash Select, Spark Classic, Spark Miles, and Spark Miles Select.
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