Earn 10x Miles With Capital One Venture Cards At Hotels.com
The Capital One Venture Rewards Card has long been one of our favorite travel rewards credits cards. The flexibility it provides simply cannot be matched, and it helps fill a lot of gaps in my overarching travel rewards strategy. Whether you are booking flight deals found on Thriftytraveler.com, booking an Airbnb or maybe taking advantage of our Premium service, the Venture Rewards card provides a simple solution to lower the cost of many of your travel experiences that you might not be able to cover with traditional miles and points.
Just Yesterday, Capital One and hotels.com announced a new partnership that will improve the Venture Rewards credit cards, and make them some of the absolute best credit cards for your hotel spending. You will now earn 10x miles on purchases made at Hotels.com/Venture on both the Capital One Venture Rewards Credit Card and the Capital One VentureOne Rewards Credit Card. That is a great deal.
Details Of This New Partnership
As mentioned above, you will now earn 10x miles on purchases made at Hotels.com/Venture with your Capital One Venture Rewards Credit Card or the Capital One VentureOne Rewards Credit Card. This means you will be earning 10% back on any hotel you book at hotels.com being that Capital One miles are worth 1 cent each when redeemed for a statement credit against travel purchases. To take advantage of the increased mileage bonus, you will need to book through the special URL, Hotels.com/Venture. You must pay online at the time of booking to earn 10x miles. Any lodging option where payment is received at the property is excluded from the offer.
Thrifty Tip #1: Sign-up for Ebates and get 4% more cash back when using hotels.com. Ebates is an online shopping portal that provides cash back to consumers for shopping at over 1,800 of the world’s largest online stores.
What Is Hotels.com?
If you are not familiar with hotels.com, it is an online travel agency (OTA) that allows you to book thousands of hotels all over the world. I have historically used the service to book stays in areas where I may not be able to redeem traditional miles and points, or earn elite credit at larger chain hotels. This is a great strategy for stays in Las Vegas as you can often get very good rates through hotels.com, not to mention take advantage of their valuable rewards program.
One of the best things about this new partnership is that you will still be able to take advantage of the hotels.com Rewards program. For every 10 nights you stay, you will get one free night that can be redeemed at any property in the world! The value of your free night will be the average price of your previous 10 night stays (effectively 10% back). There are no blackout dates and as long as you book and stay within 12 months of your last completed booking, your nights will not expire.
When you combine the 10x miles offered by paying with your Venture card through the Hotels.com/Venture portal with the 10% back from the hotels.com rewards program, you will effectively be getting 20% back on all hotel purchases! I don’t know of another credit card or rewards program that can offer that kind of return on spend.
It is worth noting that you typically will not be eligible to earn elite credits for stays at chain hotels like Hyatt or Marriott / SPG. If hotel status isn’t important to you, this should be insignificant.
The Capital One® Venture® Rewards Credit Card
- Enjoy a one-time bonus of 50,000 miles once you spend $3,000 on purchases within 3 months from account opening, equal to $500 in travel
- Earn unlimited 2X miles per dollar on every purchase, every day
- Fly any airline, stay at any hotel, anytime
- Travel when you want with no blackout dates
- Miles won’t expire for the life of the account and there’s no limit to how many you can earn
- No foreign transaction fees
- $0 intro annual fee for the first year; $95 after that
- Get a metal Venture Card when you apply today
Capital One’s rewards program gives you two choices for redeeming your miles. The 1st option is to use Capital One’s portal to find deals on flights, hotels, rental cars or all-inclusive vacation packages. The 2nd option is to book your travel elsewhere (such as Hotels.com/Venture) and use Capital One’s Purchase Eraser to get a statement credit for your travel spending. The miles are worth 1 cent, so the current sign-up bonus offer of 50,000 miles is worth $500 towards travel purchases. Flight deals found here at Thrifty Traveler qualify for the Purchase Eraser statement credit.
It is great to see another card making substantial improvements to the rewards it offers. This is a trend we have seen seen since 2016 when Chase changed the game with their Sapphire Reserve Credit Card. Capital One has indicated this new bonus will be available through January 2020, so there will be plenty of time to take advantage of this over the next few years. Combining the 10x miles with the hotels.com rewards program to earn an effective 20% back on hotel spend is one of the best deals we have seen in a while.
Editorial Note: Any opinions, analyses, reviews, or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved, or otherwise endorsed by any card issuer.