Overview
- New applicants earn 75,000 miles after $4,000 in purchases within three months and receive a one-time $250 Capital One Travel credit upon approval.
- The $250 credit is usable only through Capital One Travel within 12 months, applies to flights, hotels, car rentals, vacation rentals and activities, and does not earn rewards.
- The credit can be split across multiple bookings and is restored if a credited purchase is canceled before expiry, with an open, in‑good‑standing account required to use it.
- Outlet valuations vary: some peg the combined value at about $1,000 in travel, while The Points Guy estimates $1,638 based on transfer partner redemptions.
- The card carries a $95 annual fee, earns 2 miles per dollar on all purchases and 5x on select travel booked via Capital One Travel, with miles transferable to 15‑plus airline and hotel partners; targeted or referral links may show different credit amounts.