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This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Disclosure, visit this page. Johnny Jet has partnered with CardRatings for our coverage of credit card products. Johnny Jet and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed, or approved by any of these entities.

One of the draws of having a good credit card is knowing that you’ve got a chance to use some major points or miles. Earning 75,000 bonus miles as a new card member with select Capital One travel credit cards is possible. These Capital One points can be redeemed as a travel statement credit, upcoming trips through Capital One Travel, and airline or hotel mile transfers.

Here’s a little preview:

  • Capital One Venture Rewards Credit Card: Earn 2x miles on travel, receive two one-time airport lounge passes each year, up to $100 Global Entry or TSA PreCheck application fee credit, and a $95 annual fee.
  • Capital One Venture X Rewards Credit Card: Earn 2x miles on travel, unlimited airport lounge visits, an annual $300 Capital One Travel credit, a 10,000 annual mile bonus, and a $395 annual fee.

However, the redemption value differs by redemption method, so it’s worth asking how much 75,000 Capital One miles are worth.

Rome, Italy. (June 2023) Credit: Johnny Jet

How to Earn 75,000 Capital One Miles

This Capital One travel card is currently offering a 75,000 miles signup bonus after spending $4,000 within the first 3 months:

For a limited time, new Capital One Venture Rewards Credit Card cardholders can earn 75,000 miles once they spend $4,000 on purchases within the first three months of account opening, plus they’ll receive a one-time $250 Capital One Travel credit their first cardholder year. Earning the entire bonus is equal to $1,000 in travel!

Related: Capital One Venture X vs. Venture (Review of 75k Bonus)

75,000 Capital One Miles Statement Credit Value

Is the Capital One Venture worth applying for? If you redeem your Capital One miles as a statement credit for recent travel purchases, each mile is worth 1 cent for any redemption. This makes the entire 75,000-mile balance worth $750 in redemptions for flights, hotels, cruises, car rentals, and tours.

In most cases, one cent is the average redemption value for Capital One miles when you redeem them for recent travel purchases or upcoming itineraries. One cent is also the average redemption value for most credit card miles and a general threshold for most travel loyalty programs.

For a limited time, new Capital One Venture Rewards Credit Card cardholders can earn 75,000 miles once they spend $4,000 on purchases within the first three months of account opening, plus they’ll receive a one-time $250 Capital One Travel credit their first cardholder year. Earning the entire bonus is equal to $1,000 in travel!

Specifically, most airline miles are worth $0.01 for domestic flights these days.

One benefit of utilizing the travel statement credit feature is that you pay cash for your purchase and earn at least 2x miles per $1. When it comes time to pay off the balance, you can use these newly-earned miles and your accumulated balance.

Another perk is that there is no minimum redemption meaning you can redeem miles even if your balance won’t erase the whole purchase. Additionally, it doesn’t matter which travel carrier you book your trip through as long as it comes as a travel-related purchase.

Related: How To Redeem Capital One Venture Miles For Maximum Value

How Much Are 75,000 Miles Worth in Capital One Travel? $750?

The Capital One Travel booking site lets you book flights, hotels, and car rentals with cash or miles. It’s possible to book with a combination of points and miles, too. Each mile is worth 1 cent when used for upcoming travel.

Once again, this is the average redemption value for credit card miles. So, 75,000 miles are worth $750 in Capital One Travel bookings.

While this redemption ratio isn’t as valuable as the Chase Sapphire travel redemption bonus of 25% or 50%, which makes each Ultimate Rewards® worth up to 1.5 cents, there are several perks to using the Capital One booking site. Is Chase or Capital One Better for travel redemptions, though?

For example, Capital One Travel offers free price drop protection for up to 10 days, and you may be eligible for up to $50 in travel reimbursements. There is also a price prediction tool that can help time your purchase to get the most competitive rate.

Related: More Cards Now Earn 5% Back at Capital One Travel

Transfer 75,000 Capital One Miles

You can get the most value by transferring your miles to the Capital One transfer partners at a 1:1 ratio. The redemption value is variable and depends mostly on which program you transfer them to, plus the itinerary.

With most airline partners, your Capital One miles can be worth 1 cent to 1.8 cents ($750 to $1,350). However, hotel miles can be worth between 0.5 cents and 1.1 cents ($375 to $825) as these travel miles are notoriously low-value travel miles.

Capital One Airline Partner Redemption Values

The Capital One airline transfer partners are international carriers, which makes it harder to book flights, but overseas itineraries can have higher redemption values than domestic fares. You can also book alliance partner flights, which can be more valuable than booking directly through a domestic legacy airline, too.

Consider these airline partners from Capital One the first to get the highest redemption value more consistently:

  • Air Canada Aeroplan (1.5 to 1.9 cents)
  • Air France-KLM Flying Blue (1.4 to 1.8 cents)
  • Asia Miles (1.2 cents)
  • Avianca LifeMiles (1.4 cents)
  • British Airways Avios (1.3 cents)
  • Emirates Skywards (1.2 cents)
  • Etihad Guest (1.1 cents)
  • Finnair Plus (1.4 cents)
  • Qantas (1.4 cents)
  • Singapore Airlines (1.4 cents)
  • TAP Portugal (1.7 cents)
  • Virgin Red (1.1 cents)

As a reminder, the redemption values above are estimates and vary by route, cabin class, and travel dates. You should also factor fuel surcharge and other carrier-imposed fees into your price comparison to estimate your total out-of-pocket costs.

Business class and first class flights have the highest redemption value, which can be closer to 1.8 cents or 2 cents. Main cabin award flights hover closer to the 1-cent price mile.

Related: The Top Cards for Travel Miles

Capital One Hotel Partner Redemption Values

The hotel transfer partners usually aren’t a good option unless you want to use up your miles. A notable exception is Wyndham Rewards, when you find reward nights with a 1.1-cent value.

Choice Privileges has a 0.6 cent redemption value, and Accor Live Limitless miles are closer to 0.7 cents.

As hotel miles are usually worth less than a penny, paying with cash and redeeming a travel statement credit is usually better for hotel travel with Capital One miles. Still, either of the Capital One cards can be awesome for hotel stays since they earn at least 2x miles.

75,000 Capital One Miles for Cash Back

If you won’t be traveling for a while, you may be inclined to redeem your miles for cash back. While this redemption option is similar to the travel statement credit, each mile is only worth 0.8 cents, which only makes 75,000 miles worth $600 in cash rewards or gift cards. But you would get $750 in travel with 75,000 Capital One miles. Of course, see my post here if you’re looking for a good card for traveling.

That’s 20% less value than a standard travel redemption.

If you envision using your Capital One miles for non-travel rewards, a Capital One cash rewards credit card is a better option. For example, the Quicksilver Rewards family can earn 1.5% back without an annual fee or foreign transaction fee.

Further, a card from the Savor family earns bonus cash back for restaurants, groceries, and entertainment.

Related: Capital One Venture vs Quicksilver Review

Summary of How Much 75,000 Capital One Miles Are Worth

Redeeming 75,000 Capital One miles for travel makes the worth $750 in most instances. It’s possible to make them worth over $1,000 if you transfer them to an airline and book an international award flight, but you may need to have flexible travel dates to get the most mileage.

Top Cards: Capital One Venture Rewards Credit Card & Capital One Venture X Rewards Credit Card

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Johnny Jet has partnered with CardRatings for our coverage of credit card products. Johnny Jet and CardRatings may receive a commission from card issuers. Responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.

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