How to redeem Capital One points on Amazon

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Making sure you have the right credit card for your budget and spending is one of the best ways to save money on your everyday purchases.

And if a large chunk of your monthly budget goes to Amazon.com, you can save with a card that lets you redeem your points for purchases on the site. The world’s largest retailer partners with a number of rewards programs including American Express Membership Rewards and Chase Ultimate Rewards to help you redeem your travel credit card reward points for purchases.

If you have a qualifying Capital One credit card, you can also redeem it for purchases on Amazon. These are not limited to Capital One Miles Earning Cards; Popular credit cards and Capital One business credit cards also offer the ability to make purchases with points through Amazon.

Here’s how you can redeem your Capital One rewards on Amazon – plus information to help you decide when it’s a good idea to redeem and when you should redeem.

Amazon Capital One Store Overview with Points

Redeeming your Capital One rewards on Amazon is pretty straightforward. Capital One buyouts work the same as other Amazon Shop with Points credit card issuers, like American Express and Chase.

To do this, add your qualifying Capital One credit card as a payment option in your Amazon account. You will need to enroll this card in Amazon’s Shop with Points program by adding the card number, your name, and the expiration date.

Once your card is enrolled in the program, you will be able to view your rewards balance. Whenever you checkout on Amazon, you can choose to use Capital One Rewards for all, some, or none of your purchases.

Qualifying Capital One credit cards

Before you can redeem your Capital One miles or cash back rewards on Amazon, you’ll need to make sure you have a qualifying credit card. According to Capital One, the following cards are eligible to redeem rewards on Amazon:

Before you apply for a new credit card, assess your spending and budget to determine which one is best for you. Here’s a look at some of our favorite options available today at Capital One:

Capital One Venture® Rewards Credit Card

The Capital One Venture Card is a travel rewards credit card that earns 2 miles per dollar on every purchase. It has an annual fee of $ 95 and comes with a fee credit of up to $ 100 for TSA PreCheck / Global Entry. It also offers a welcome bonus of 60,000 miles after spending $ 3,000 in the first three months.

Capital One Quicksilver

The Capital One Quicksilver Credit Card is a no annual fee cash back credit card that earns a fixed rate of 1.5% cash back on every purchase. You can earn a welcome bonus of $ 200 once you have spent $ 500 in the first three months after opening the account.

Savor the rewards of Capital One

Another cash back credit card is the Savor Rewards credit card and has an annual fee of $ 95. Instead of fixed rewards, it earns bonus rewards in specific categories and is aimed at those who spend a good chunk of their budget on dining and entertainment. He earns 4% cash back on popular food, entertainment and streaming services, 3% in grocery stores, and 1% on all other purchases. You can earn a $ 300 cash bonus after spending $ 3,000 on purchases in the first three months after opening the account.

We also like Savor’s sister card, the Capital One SavorOne, which offers similar rewards but with no annual fee. You’ll earn an unlimited 3% off meals, entertainment, popular streaming services, and groceries, and 1% off everything else. You can get a $ 200 cash bonus after spending at least $ 500 in the first three months after opening the account. If you don’t want to pay an annual fee but spend a lot in these categories, this card can give you as much value as the Savor over time.

  • Introductory bonus:
  • Annual subscription :

    $ 95

  • Regular APR:

    15.99% – 23.99% (variable)

  • Recommended credit:

    670-850 (good to excellent)

  • Learn more external link icon on the secure site of our partner.
  • Introductory bonus:
  • Annual subscription :

    $ 0

  • Regular APR:

    14.99% – 24.99% (variable)

  • Recommended credit:

    670-850 (good to excellent)

  • Learn more external link icon on the secure site of our partner.
  • Introductory bonus:
  • Annual subscription :

    $ 95

  • Regular APR:

    15.99% – 24.99% (Variable)

  • Recommended credit:

    670-850 (good to excellent)

  • Learn more external link icon on the secure site of our partner.

Use Capital One Rewards on Amazon

When you’re ready to redeem your Capital One rewards on Amazon, add your purchases to your Amazon cart as you normally would. When you go to checkout, select your qualifying Capital One credit card as your payment method.

Pro tip

You can also save on your Amazon expenses with the Amazon Prime Rewards Visa Signature Card, one of our favorite co-branded card options available today. Qualifying Prime members can claim 5% on Amazon and Whole Foods, 2% at restaurants, gas stations, and drugstores, and 1% on everything else.

From there, you will be able to see what rewards you have available and choose how much you want to use to cover your purchase.

Even if your qualifying card is linked, you don’t have to redeem Capital One miles for Amazon purchases unless you want to. You can also use the card to pay for your purchases normally and keep your points for another time.

How to Get the Most from Capital One Rewards

Using your rewards through Amazon can be convenient, but it’s usually not the best use of your rewards.

Cash Back Cards

If you get cash back rewards with your Capital One card, like Quicksilver or Savor cards, for example, you can redeem your rewards for the cash they are worth. In other words, if you have $ 50 in cash rewards in your account, you can redeem them for $ 50 in purchases on Amazon.

Because this is the same value you would get by redeeming statement credits or cash, it may be a good idea to use your cash rewards on Amazon. Remember that you will lose the flexibility that other options can offer.

Plus, you also won’t earn cash back on purchases you use points to pay for. If you want to maximize your spending, you can use your card to complete your Amazon purchase, earn money on that purchase, then redeem your rewards for statement credits equal to the value of the purchase – so you don’t lose any. potential. rewards.

Travel cards

If you have a Capital One card that accumulates miles, like the Capital One Venture, you’ll usually get the most value redeeming them for travel, either through Capital One’s travel portal, transferring to partners (like JetBlue TrueBlue or Air Canada Aeroplan), or by using the Purchase Eraser tool to cover the cost of purchases on your statement. These redemption options can potentially increase the value of your miles above 1 cent per mile, depending on your specific redemption.

You can still redeem your rewards for a value of 1 cent per mile, but it is generally not a good idea to redeem your Capital One miles on Amazon purchases.

Tionna Hicks, a certified financial education instructor and founder of The Honest Plan, a personal finance blog, found out the hard way when she chose to redeem her Venture Card miles for Amazon purchases. She later found out that she had not gotten the full value of her miles using this method of redemption.

“Instead of doing due diligence and looking at conversion rates, I used my miles and redeemed them on Amazon and made my purchases completely for free,” she says.

Once she realized the lost value, Hicks began saving her miles to use them instead, ultimately reducing her out-of-pocket expenses for her wedding. “When I realized what I was doing wrong, I let my miles accumulate for my honeymoon and was able to do my honeymoon with points over $ 300.” Hicks was also able to use his miles to transport a friend to his wedding, adding that it was “more valuable than any Amazon purchase.”

There is one major exception to this rule. Capital One regularly runs promotions throughout the year offering a discount – such as $ 20 off a $ 40 purchase – when you use your miles to cover at least part of your Amazon purchase. There is no minimum number of miles you can use, so even using just 1 mile you can trigger the promotion on a qualifying purchase for the fewest miles possible.

Although there was no running promotion when this article was originally published, you can check the running promotions on the Amazon website.

How to Maximize Earning Capital One Rewards

If you are looking to increase your Capital One Rewards balance, there are several ways to do it.

If your budget allows, ask for a card that offers a solid signup bonus. If you hit the minimum spending requirements within the allotted time, you can earn a good chunk of cash back or mileage rewards. For example, the Capital One Venture card offers a bonus of 60,000 miles after spending $ 3,000 on purchases in the first three months.

Next, determine the most attractive redemption options for your card. If you think you’ll be tempted to use your mile reserve on low value redemptions such as PayPal or food delivery instead of higher value redemptions, Hicks suggests you unsubscribe from the email list. transmitter. This way, you won’t be notified of low value trade opportunities and can keep your rewards for the trades you really want.

Over time, continue to monitor your spending to make sure you have the right card for your budget. If you have a card that earns rewards in the categories where you spend the most, you can get the best bang for your buck on purchases that are already within your budget. For example, the Capital One Savor card earns 4% cash back on popular food, entertainment and streaming services, as well as 3% cash back at grocery stores, making it a great choice for people who like to go out or be entertained at home.

Before you apply for a new credit card – Capital One or whatever – consider your lifestyle and budget to find a card that can help you maximize your income without spending too much on balances you can’t afford. to pay.


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