Originally Posted by Larry
Capital One provides generic miles which can be used for any travel expenses. You book your travel and then use the Capital One "miles" to pay for it at a rate of one cent per travel mile, whether it be air, hotel, rental car, or time share maintenance. You don't need to worry about available award miles from the airline.


I think Larry is somewhat mistaken. When using Capital One points to purchase airline tickets it is not based on a rate of 'one cent per travel mile" but rather one cent per dollar cost of the airline ticket. For example, if the fare for a r/t ticket to ABC is $180 then you need 18,000 points to purchase that particular ticket (regardless of how many miles the plane will fly).