Update 12/14/19: This is now live. I’d recommend waiting until Capital One offers a discount for using this feature before linking your card.
[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
View Comments (13)
That assumes we can get approved for cap1. A lot of our scores are too good for them
Amazon with Shop-With-Points (1:1 for many cards)
Let us hope this incentive completion encourages Amazon and the other card issuers to do the same as it once was.
hilton .5
Pretty pretty please!
I've been looking to buy a new lighter laptop for traveling to replace my not-so-light one but don't feel the need to spend money just yet so I've been waiting for this.
Shop with points and lose your extended warranty for not paying in full with your card? I don't know what card you have but the premium cards have extended warranty. I'd hate to see you lose the extra warranty for some simple accounting error
Discover card no longer has extended warranty. Amex and Chase only has one year extended warranty with Amex offering two years if the manufactrer's warranty is also 2+ years. I don't have a Citi card any more.
I've never ever had to use extended warranty on anything. Even my phone lasts four years minimum.
Unless there's a shop-with-points promo (like we've seen with Amex, Chase, and Discover if I recall correctly), you should *never* purchase with points. Because in doing so, you lose out on earning the points/cashback you would have earned had you just made a regular CC purchase and simply redeemed the points as cashback or a statement credit. (Of course, if you have a means of redeeming the points at more than 1cpp, that makes the deal even worse absent a promo.)
agree. Since it’s just as easy to just make the purchase and get a statement credit, you should be doing that, not shopping with points. Unless there’s a promo.
anything I can do with capital one GM rewards if I don't want a GM vehicle?
gene there is a current promo I received via email for this card. It's get $20 off a $100+ purchase at Wayfair. I hope this helps you with your Christmas shopping. Jesus is the reason for the season!!
Not for everyone!
SiriusXM subscription + Google Nest Hub. https://www.doctorofcredit.com/siriusxm-6-month-subscription-google-nest-hub-for-69/#comment-846290