Capital One Cardholders Can Now Use Rewards for Apple Products and More
Capital One launched this week a new option for cardholders to use their rewards. Eligible personal and business cardholders can now redeem rewards to shop their favorite brands.
Capital One rewards cardholders can shop hundreds of their favorite brands including Apple®, Kate Spade, Dyson, Marc Jacobs, and more, directly from their Capital One account.
To celebrate this new way to redeem cashback and miles, Capital One is offering an improved redemption value. Cardholder-exclusive promotions include 10% off Apple Airpods and up to 25% off products from Kate Spade, Tumi, and Samsonite until November 15. During the launch promotion, miles rewards cardholders will receive an additional 20% off base pricing.
Special launch pricing on coveted merchandise includes:
- Apple AirPods® 3rd Generation with Lightning Charging Case
- Original Price: 22,730 Miles or $182
- Promotional Price: 16,181 Miles or $165
- Tumi Alpha 3 Medium Travel Tote
- Original Price: 56,792 or $454
- Promotional Price: 33,949 Miles or $348
- Dyson Air Wrap
- Original Price: 81,104 Miles or $649
- Promotional Price: 57,854 Miles or $589
Cardholders eligible to shop with rewards include Quicksilver, QuicksilverOne, Quicksilver Student, Quicksilver Secured, Savor, SavorOne, SavorOne Rewards for Students, Venture X, Venture, VentureOne, Spark Cash Plus, Spark Cash Select, Spark Classic, Spark Miles, and Spark Miles Select.
You can find the new redemption channel here, and redeem rewards for Apple products here.
Conclusion
It looks like you might get a decent value for your points during this promotion period. But I doubt it will be very appealing going forward.
Even now you can do better when you shop around for these items, as you can also earn cashback from shopping portals and credit cards rewards.
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