Note: You can exchange 15500 bonus points for a $100 gift cards for BestBuy, Amazon.com, Sears, etc. via nohasslerewards.capitalone.com or $200 in travel credits.
You will earn 20,000 bonus miles if you spend at least $1,000 within 3 months of your rewards membership enrollment date. Once you qualify for this bonus, we will apply it to your rewards balance within two billing cycles. Existing or previous Accountholders may not be eligible for this one-time bonus.
To see how many miles you need to cover a travel expense, just add two zeros to the cost. For example, if you booked a $217 flight, you'll need 21,700 miles to cover it.
Card FAQs from the issuer website:
How do I earn rewards?
You will earn 1.25 miles per dollar on net purchases (purchases minus any credits or returns) only. Cash advances, balance transfers, and checks used to access your account are not considered purchases and will not earn rewards.
Will my rewards ever expire?
Your rewards are yours for the life of the account—they will not expire. But if your account is closed, you will lose any rewards you have not redeemed.
Is there a limit to the amount of rewards I can earn?
There is no cap to the amount of rewards you can earn on purchases.
What happens to my rewards if I pay late?
If your account is subject to late payment fees and if a late fee is charged to your account, you will lose any rewards applied to your rewards balance during the billing cycle containing the late fee. Please see the Important Disclosures provided with your offer to determine whether your account is subject to late payment fees.
How do I redeem my rewards for travel?
You have two ways to redeem your miles for travel:
Redeem for past travel purchases using Purchase Eraser®
Simply book your travel through your favorite travel website, travel agent, or other travel resource using your No Hassle Rewards card. Then, go online at capitalone.com or call our Rewards Center to use our Purchase Eraser feature to redeem your miles and receive an account credit for the cost of your travel purchase.
Purchase Eraser redemptions must be made within 90 days from the date your travel purchase posts to your account. Your account credit is usually applied to your balance within 2 to 3 business days after the redemption.
Book new travel reservations
Go online to capitalone.com or contact our Rewards Center to book your flight, car rental or hotel and use your miles to pay for your travel.
The number of miles needed for travel redemption varies and is based upon the cost of the travel purchase. Here is how it works:
Simply multiply the cost of your travel purchase by 100. For example, if your travel purchase costs $200, you would multiply that by 100 to determine you need 20,000 miles to redeem.
If your travel transaction includes taxes, surcharges, and fees, these expenses will be included in the overall calculation to determine how many miles are required for redemption. Separately itemized travel transactions on your statement cannot be combined for a single redemption. Please note that Capital One has no control over how merchants itemize and charge related transactions.
What types of travel purchases are eligible for Purchase Eraser for Previous Travel?
Purchases made from airlines, hotels, rail lines, car rental agencies, limousine services, bus lines, cruise lines, taxi cabs, travel agents and time shares are generally considered to be travel purchases and availability for redemption is based on the merchant category code assigned to them by the merchant. Capital One is not responsible for how merchants assign these codes.
Can I redeem my rewards for something other than travel?
You can also redeem your miles for cash, gift cards and more. Rates for these other redemption options vary and are subject to change without notice. As an Accountholder, you can visit capitalone.com to register your account and see a complete description of current redemption offers.
Is my account eligible to transfer rewards?
Your account may be eligible to transfer rewards. Please be aware that transfers are only permitted between certain Capital One No Hassle Rewards accounts. Not all rewards products are eligible for transfer.