Capital One launches vacation rentals: Earn 5 miles per dollar plus a $50-$100 experience credit
Hotels can be great — especially when you snag a great deal on points and can get perks like free breakfast thanks to your status with the brand.
But sometimes you're traveling with your family or a group of friends, and a hotel just doesn't cut it — you need a vacation rental.
Now, Capital One is giving eligible cardholders the option to earn bonus miles and enjoy premium benefits during those times. After joining the hotel program space in 2023 with its Premier and Lifestyle collections, Capital One has announced that it's adding vacation rentals to both collections.
More than 2,500 properties are available in over 50 destinations, including Sonoma, California; Hilton Head, South Carolina; Aspen, Colorado and Costa Rica; it has plans to expand to more domestic and international locations.
Capital One Venture X Rewards Credit Card and Capital One Venture X Business cardholders can access both the Premier and Lifestyle collections, while Capital One Venture Rewards Credit Card and Capital One Spark Miles for Business cardholders can only access the Lifestyle Collection.
Here's everything you need to know about these vacation rentals and whether they're worth booking.
Capital One vacation rental benefits
Eligible cardholders will earn 5 Capital One miles per dollar on vacation rentals in the Capital One Premier and Lifestyle collections. Cardholders can also redeem Capital One miles for bookings with these properties at a rate of 1 cent per mile.
Additionally, you'll enjoy these benefits:
- Experience credits: You'll get an experience credit ($100 for Premier Collection stays, $50 for Lifestyle Collection stays) for amenities like in-home chef meals, prearrival groceries and mid-stay property cleanings. The specific experiences covered will vary based on the property you book.
- Destination experts and support: All vacation rental properties in these collections are professionally managed and offer local expertise and property support.
- Other benefits: You'll also enjoy perks like complimentary Wi-Fi as well as early check-in and late checkout when available.
The experience credit has the potential to be the most exciting benefit on this list. For hotels, these typically include a credit toward the hotel restaurant or spa. So, the option to get credit toward things you want more when traveling with a group, like groceries and cleaning services, is a huge plus.
When meeting friends at a vacation rental after work on a Friday, the last thing I want to do is have to stop for groceries on my way. The option to have them delivered ahead of time would mean I can get to my destination (and weekend plans) even sooner, adding serious value to my stay.
How to book Capital One vacation rentals
To book, go to Capital One Travel or Capital One Business Travel (for Venture X Business) and choose "Premium Stays" (not "Hotels") and then "Vacation rentals." Enter your destination, dates and number of guests.
You can filter by amenities.
You'll see a list of available options with pricing information and standout benefits of each property.
Then, select a property and complete your booking.
If you're a Venture X or Venture X Business cardholder and have any of your $300 annual travel credit available, you'll see the option to apply some or all of your credit toward your booking.
Once you've booked, you can focus on planning the rest of your group getaway.
Is booking a Capital One vacation rental worth it?
If you regularly travel with family or a group, booking a vacation rental in the Premier or Lifestyle Collection can be a great way to earn 5 Capital One miles per dollar on your booking; this gets you a 9.25% return according to our valuation of 1.85 cents per mile.
Booking through one of these collections also allows you to take advantage of the premium benefits you usually sacrifice when opting for a vacation rental, such as an experience credit and early check-in or late checkout. Plus, Venture X and Venture X Business cardholders can apply their $300 travel credit to these bookings.
If you're a Venture X or Venture X Business cardholder and booked the above dates for three nights at the Austin Melody by AvantStay, your cost would be $1,601. You would earn 5 miles per dollar on your booking, for a total of 8,005 miles, which we value at $148. You would also get a $50 experience credit and could apply your $300 annual travel credit to the booking, bringing your net cost down to just $1,103. This is a 31% saving — an impressive value for a long weekend in Austin for up to eight people.
Conversely, you'll get mediocre value from your Capital One miles if you redeem them to book a vacation rental in one of these collections. You'll get 1 cent per mile, the same value you'll get when you redeem them for a statement credit to cover general travel expenses (and well below our valuation of 1.85 cents per mile). As such, you'll want to compare the prices of these vacation rentals against other booking sites.
Still, when comparing options, keep in mind the value of the bonus points and additional benefits you'll get by booking through the Premier or Lifestyle Collection.
Related: How to maximize points and miles on vacation rentals
Bottom line
Capital One has added vacation rentals to its Premier and Lifestyle Collections. When you book one of these properties, you'll get benefits like an experience credit and late checkout, as well as elevated earning rates. Still, you'll want to compare the prices of these rentals to ones available on other sites to ensure you're getting the most value available.
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Rewards
| 4X | Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year. |
| 4X | Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year. |
| 3X | Earn 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com. |
| 2X | Earn 2X Membership Rewards® points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com. |
| 1X | Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases. |
Intro offer
Annual Fee
Recommended Credit
Why We Chose It
There’s a lot to love about the Amex Gold. It’s a fan favorite thanks to its fantastic bonus-earning rates at restaurants worldwide and at U.S. supermarkets. If you’re hitting the skies soon, you’ll also earn bonus Membership Rewards points on travel. Paired with up to $120 in Uber Cash annually (for U.S. Uber rides or Uber Eats orders, card must be added to Uber app and you can redeem with any Amex card), up to $120 in annual dining statement credits to be used with eligible partners, an up to $84 Dunkin’ credit each year at U.S. Dunkin Donuts and an up to $100 Resy credit annually, there’s no reason that foodies shouldn’t add the Amex Gold to their wallet. These benefits alone are worth more than $400, which offsets the $325 annual fee on the Amex Gold card. Enrollment is required for select benefits. (Partner offer)Pros
- 4 points per dollar spent on dining at restaurants worldwide and U.S. supermarkets (on the first $50,000 in purchases per calendar year; then 1 point per dollar spent thereafter and $25,000 in purchases per calendar year; then 1 point per dollar spent thereafter, respectively)
- 3 points per dollar spent on flights booked directly with the airline or with amextravel.com
- Packed with credits foodies will enjoy
- Solid welcome bonus
Cons
- Not as useful for those living outside the U.S.
- Some may have trouble using Uber and other dining credits
- You may be eligible for as high as 100,000 Membership Rewards® Points after you spend $6,000 in eligible purchases on your new Card in your first 6 months of Card Membership. Welcome offers vary and you may not be eligible for an offer. Apply to know if you’re approved and find out your exact welcome offer amount – all with no credit score impact. If you’re approved and choose to accept the Card, your score may be impacted.
- Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year.
- Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year.
- Earn 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com.
- Earn 2X Membership Rewards® points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com.
- Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases.
- $120 Uber Cash on Gold: Add your Gold Card to your Uber account and get $10 in Uber Cash each month to use on orders and rides in the U.S. when you select an American Express Card for your transaction. That’s up to $120 Uber Cash annually. Plus, after using your Uber Cash, use your Card to earn 4X Membership Rewards® points for Uber Eats purchases made with restaurants or U.S. supermarkets. Point caps and terms apply.
- $84 Dunkin' Credit: With the $84 Dunkin' Credit, you can earn up to $7 in monthly statement credits after you enroll and pay with the American Express® Gold Card at U.S. Dunkin' locations. Enrollment is required to receive this benefit.
- $100 Resy Credit: Get up to $100 in statement credits each calendar year after you pay with the American Express® Gold Card to dine at U.S. Resy restaurants or make other eligible Resy purchases. That's up to $50 in statement credits semi-annually. Enrollment required.
- $120 Dining Credit: Satisfy your cravings, sweet or savory, with the $120 Dining Credit. Earn up to $10 in statement credits monthly when you pay with the American Express® Gold Card at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, and Five Guys. Enrollment required.
- Explore over 1,000 upscale hotels worldwide with The Hotel Collection and receive a $100 credit towards eligible charges* with every booking of two nights or more through AmexTravel.com. *Eligible charges vary by property.
- No Foreign Transaction Fees.
- Annual Fee is $325.
- Terms Apply.
Rewards Rate
| 4X | Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year. |
| 4X | Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year. |
| 3X | Earn 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com. |
| 2X | Earn 2X Membership Rewards® points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com. |
| 1X | Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases. |
Intro Offer
You may be eligible for as high as 100,000 Membership Rewards® Points after spending $6,000 in eligible purchases on your new Card in your first 6 months of Membership. Welcome offers vary and you may not be eligible for an offer.As High As 100,000 points. Find Out Your Offer.Annual Fee
$325Recommended Credit
Credit ranges are a variation of FICO® Score 8, one of many types of credit scores lenders may use when considering your credit card application.Excellent to Good
Why We Chose It
There’s a lot to love about the Amex Gold. It’s a fan favorite thanks to its fantastic bonus-earning rates at restaurants worldwide and at U.S. supermarkets. If you’re hitting the skies soon, you’ll also earn bonus Membership Rewards points on travel. Paired with up to $120 in Uber Cash annually (for U.S. Uber rides or Uber Eats orders, card must be added to Uber app and you can redeem with any Amex card), up to $120 in annual dining statement credits to be used with eligible partners, an up to $84 Dunkin’ credit each year at U.S. Dunkin Donuts and an up to $100 Resy credit annually, there’s no reason that foodies shouldn’t add the Amex Gold to their wallet. These benefits alone are worth more than $400, which offsets the $325 annual fee on the Amex Gold card. Enrollment is required for select benefits. (Partner offer)Pros
- 4 points per dollar spent on dining at restaurants worldwide and U.S. supermarkets (on the first $50,000 in purchases per calendar year; then 1 point per dollar spent thereafter and $25,000 in purchases per calendar year; then 1 point per dollar spent thereafter, respectively)
- 3 points per dollar spent on flights booked directly with the airline or with amextravel.com
- Packed with credits foodies will enjoy
- Solid welcome bonus
Cons
- Not as useful for those living outside the U.S.
- Some may have trouble using Uber and other dining credits
- You may be eligible for as high as 100,000 Membership Rewards® Points after you spend $6,000 in eligible purchases on your new Card in your first 6 months of Card Membership. Welcome offers vary and you may not be eligible for an offer. Apply to know if you’re approved and find out your exact welcome offer amount – all with no credit score impact. If you’re approved and choose to accept the Card, your score may be impacted.
- Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year.
- Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year.
- Earn 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com.
- Earn 2X Membership Rewards® points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com.
- Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases.
- $120 Uber Cash on Gold: Add your Gold Card to your Uber account and get $10 in Uber Cash each month to use on orders and rides in the U.S. when you select an American Express Card for your transaction. That’s up to $120 Uber Cash annually. Plus, after using your Uber Cash, use your Card to earn 4X Membership Rewards® points for Uber Eats purchases made with restaurants or U.S. supermarkets. Point caps and terms apply.
- $84 Dunkin' Credit: With the $84 Dunkin' Credit, you can earn up to $7 in monthly statement credits after you enroll and pay with the American Express® Gold Card at U.S. Dunkin' locations. Enrollment is required to receive this benefit.
- $100 Resy Credit: Get up to $100 in statement credits each calendar year after you pay with the American Express® Gold Card to dine at U.S. Resy restaurants or make other eligible Resy purchases. That's up to $50 in statement credits semi-annually. Enrollment required.
- $120 Dining Credit: Satisfy your cravings, sweet or savory, with the $120 Dining Credit. Earn up to $10 in statement credits monthly when you pay with the American Express® Gold Card at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, and Five Guys. Enrollment required.
- Explore over 1,000 upscale hotels worldwide with The Hotel Collection and receive a $100 credit towards eligible charges* with every booking of two nights or more through AmexTravel.com. *Eligible charges vary by property.
- No Foreign Transaction Fees.
- Annual Fee is $325.
- Terms Apply.