Capital One
On $1,000 a month of spending, split evenly across restaurants, travel, groceries and everything else: yes.
24,000 points a year at 1.00¢ = $240 = $240 a year. The 20,000-point welcome bonus adds $200 in year one.
That is a worked example, not a figure about you — we have no idea what you spend. Put your own numbers in and the same arithmetic runs on those.
| On | Rate | Cap |
|---|---|---|
| Restaurants and takeaway | 3× Capital One Miles | none |
| Flights, hotels and transport | 1× Capital One Miles | none |
| Groceries | 3× Capital One Miles | none |
| Everything else | 1× Capital One Miles | none |
3% on dining, entertainment, streaming and at supermarkets. Cash back, not transferable miles.
Capital One Miles points are worth about 1.00 cents each on our published table, our own. What Capital One Miles points are worth →
20,000 Capital One Miles — about $200 — after $500 of spending in 3 months. The example spending above clears that.
Credits count for $0 in the sum above — what a typical holder actually redeems, not the sticker value of every credit on the page.
We may earn a commission if you apply through us, and it does not change the arithmetic above — a card that pays us nothing is scored identically. How we make money. Card terms as of 2026-09-18; check the issuer's page before applying.