Published on November 21st, 2019 | by Chuck5
Capital One Points Will Soon Be Redeemable on Amazon with Shop-With-Points (1:1 for many cards)
[Updated with redemption value, below.]
Capital One points will soon join the Amazon Shop-With-Points program.
Find more information here. (affiliate link)
The following cards will be eligible: Venture, VentureOne, Quicksilver, QuicksilverOne, Savor, SavorOne, Spark Miles, Spark Miles Select, Spark Cash, Spark Cash Select, Spark Classic, and Journey Student.
We’ve clarified with Capital One that the redemption value with be 1 cent per point for cards which earn cashback and 125 points equals a dollar for cards which earn points.
Redeeming the cashback directly or using points for cashback or transfer partners makes more sense for savvy credit card users, but it’s nice to see the 1:1 value, regardless, as most banks offer less than that.
Hopefully we’ll see Shop-With-Points deals, similar to what we’ve seen consistently with all the other banks who partner with Amazon.
Hat tip to reader US