How Much Are Capital One Miles Worth? (2026)

Capital One miles are worth about 1.85 cents each when you transfer them to airline partners. With Purchase Eraser or Capital One Travel, each mile is worth 1 cent. Cash back gives less. Enter your balance below to see what your miles are worth for each option.

Capital One miles value by redemption

  • Transfer to airline partners for business class awards: about 1.5-2+ cents per mile

  • Purchase Eraser against travel purchases: 1 cent per mile

  • Capital One Travel bookings: 1 cent per mile

  • Cash back and gift cards: under 1 cent per mile - avoid

FAQs

How much are 100,000 Capital One miles worth?

At least $1,000 through Purchase Eraser. Transferred to a strong airline partner, 100,000 Capital One miles are worth about $1,850.

Which cards earn transferable Capital One miles?

The Venture X, Venture and Spark Miles cards earn miles you can transfer. See the full list on the Capital One transfer partners page.

Do Capital One miles expire?

No. Capital One miles do not expire while your account stays open.

More tools

Compare the Venture X vs Amex Platinum, check live transfer bonuses, or see how much Amex points are worth.