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Cap One Venture miles redemption

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pi-r-squared
Frequent Contributor

Cap One Venture miles redemption

Can miles be used to partially pay for travel expenses? For example, I have about 48,000 miles. If I incur a $500 hotel expense, am I able to use all my miles to reduce this expense by $480 OR must I have at least 50,000 miles to totally offset this?




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Anonymous
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Re: Cap One Venture miles redemption


@pi-r-squared wrote:
Can miles be used to partially pay for travel expenses? For example, I have about 48,000 miles. If I incur a $500 hotel expense, am I able to use all my miles to reduce this expense by $480 OR must I have at least 50,000 miles to totally offset this?


You can redeem for part of a charge.  Just note that once you redeem for part of a charge, you can't redeem on that charge again.  So if you have, say, a $600 hotel expense and redeemed $480 on it, and then quickly earned another 4,000 miles, you couldn't apply those 4,000 miles for another $40 off that $600 charge; you'd have to have another charge to apply miles against.

 

Chris.

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