The promotion has two components, and the issuer describes it this manner:
LIMITED-TIME OFFER: Take pleasure in $250 to make use of on Capital One Journey in your first cardholder yr, plus earn 75,000 bonus miles when you spend $4,000 on purchases throughout the first 3 months from account opening – that’s equal to $1,000 in journey.
Two bonuses in a single
The primary a part of the bonus would not require assembly a spending threshold. Cardholders will obtain a one-time credit score of $250 for purchases made by way of Capital One Journey. The credit score is legitimate for a yr after you open the account and could also be used towards flights, accommodations, trip leases, rental vehicles and curated actions booked with Capital One’s journey portal.
The second half does have a spending requirement: Put $4,000 on purchases on the cardboard within the first three months and get 75,000 bonus miles. (This half, in actual fact, matches the cardboard’s earlier bonus. So the limited-time provide quantities to a $250 increase from earlier than.)
An indication-up bonus is barely price chasing if you happen to can meet the spending requirement with deliberate bills in your price range. However even if you happen to do not meet the requirement, this bonus nonetheless offers you the $250 credit score. That alone will greater than make up for the cardboard’s $95 annual charge (see charges and costs). Incomes each will make it doable to stretch your trip price range or unlock cash for different bills.
Ongoing rewards provide long-term worth
Exterior of the introductory provide, you’ll earn an ongoing 2 miles per greenback spent on all purchases. An elevated fee of 5 miles per greenback spent applies on eligible purchases made by way of Capital One Leisure and Capital One Journey. The cardboard additionally provides methods to make up the continuing annual value after the primary yr by way of perks and rewards. There is a $50 expertise credit score to make use of on Way of life Assortment lodge or trip rental bookings. Each 4 years, it’s also possible to get a credit score of as much as $120 for the appliance charge for International Entry or TSA PreCheck.
