[Update: Safeway back, many new options] Capital One Shopping quietly removes Walmart and more gift card redemptions

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a man with his hand on his chin

Update 3/24/23: Reader Tracy commented to point out that Safeway / Albertsons / et al is back. But that’s not all — many useful options have been added, including DoorDash, GrubHub, Hotels.com, Xbox, Saks, and more. That’s an encouraging sign that we may  continue to see more useful options added. Personally, I think I’ll probably redeem for some amount of DoorDash cards. Newly added options include:

  • Safeway / Albertsons / Vons / Shaw’s / ACME / etc
  • DoorDash
  • GrubHub
  • Hotels.com
  • Xbox
  • Saks
  • Athleta
  • AutoZone
  • Bath & Body Works
  • Callway
  • Chewy
  • Cinemark
  • Adidas
  • H&M
  • Old Navy
  • NFL Shop
  • Omaha Steaks
  • Soma
  • Stitch Fix
  • Under Armous
  • White House / Black Market
  • Wine.com
  • Zappos

Unfortunately, Walmart hasn’t returned, but there are some decent additions. The original post follows.

Yuck: Reader Bill points out that Capital One Shopping has removed the option to redeem shopping rewards for Walmart gift cards, which subsequently led me to notice that they also removed Safeway gift cards. That’s a big-time bummer to me as these were the most cash-like of the redemption options (my family buys a lot of general groceries at Walmart and obviously Safeway is also a grocery store chain). I hope this is temporary, but I noticed that there have been some other card options removed (and some added), so I feel like this is probably just a shift in redemption options. That will stink if they don’t continue to rotate in options like Walmart and Safeway.

a collage of many different colored cards

For those unfamiliar, Capital One Shopping is a shopping portal that is open to anyone — no Capital One card or account is required to use the shopping portal and its associated browser extension (See: Digging the Capital One Shopping Browser extension and C is for confusion: Capital One Shopping vs Offers vs Travel Offers). While the fact the portal is open to anyone is certainly a big upside (an upside that is only eclipsed by the frequent insanely-good targeted offers like 30% back at sites like Hertz, Lenovo, HSN, and Belk….24% back at times from sites like IHG, GiftCards.com, and TireRack…and plenty more), the downside of the way the portal is set up is that the “cash back” you earn can only be redeemed for gift cards through Capital One Shopping.

Unfortunately, Capital One Shopping has made some unannounced changes in the gift card redemption options, taking away some popular retailers and adding some other options. Here are current gift card redemption options:

a collage of many different logos

Just last night, Walmart was still a redemption option, but today it is gone. That led me to notice several differences with previous gift card redemption options, with a few brands removed and several added:

Gift cards no longer available for redemption at Capital One Shopping:

  • Walmart
  • Safeway
  • Bed Bath & Beyond
  • Petco

New options to redeem Capital One Shopping rewards:

  • Boscovs
  • Dicks Sporting Goods
  • Express
  • CVS
  • SiriusXM
  • Shutterfly
  • Fitbit
  • CDCFoundation (donation)
  • Guitar Center
  • Johns Hopkins Bloomberg School of Public Health (donation)

I  put together the above lists based on a screen shot I used in a post last year. There has been no notification of changes in gift card options. I’m not sure how new the “new” options are, but I only recently noticed several of them (within the last week).

Overall, this is a huge disappointment for me. I had viewed Capital One Shopping rewards to be nearly cash-like because I frequently get ordinary groceries at Walmart and I knew that many others could do the same at Safeway. Now the list is a bit more niche. While there is a wide range of retailers represented that certainly could be useful, most people probably won’t find many options where they spend money with regularity (aside from perhaps eBay and the home improvement stores). In many cases, these gift cards could often be purchased at a discount (which typically isn’t the case with retailers like Walmart or grocers like Safeway), so this reduces the value of Capital One Shopping returns since it narrows the field of potential uses and narrows the list to gift cards that you could often buy at a discount elsewhere.

Hopefully this is only a temporary change — I’d love to see popular retailers like Walmart and Safeway return. I had heard some reports of problems with Walmart gift card redemptions, so perhaps this is connected to that, though since there have been several changes I feel less confident that’s the case. I’m still keeping my fingers crossed that Capital One brings them back.

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arnold s

I was so excited by the $200 promo with Capital One Shopping, but now I realize that there is no gift card on their site that I would use. I’m guessing that they share in the proceeds for gift cards that are never used (or funds remaining on cards that are partially used), so no truly useful gift cards such as Walmart or Target. Looks like eBay is back… will I spend $200 at eBay?

Patented

eBay gift cards are gone now too

Freddie

Should have grabbed my eBay card if knew beforehand they remove options. Damn it.

Dave

Uuugh. Huge disappointment. You can pretty much but anything on ebay. Such a bummer. The only thing worth using is maybe the Lowe’s card.

ChillTheThrill

eBay GCs back

Charlie

Just a heads up that Chewy gift card redemption is not a good idea while there is still is a 25% Capital One Shopping cashback reward available as the gift card is taken off your purchase total and thus the purchase amount is much lower. With Walmart gone as a redemption offer, I redeemed $240 for gift card at Chewy thinking it would be a payment against the purchase of $300 of dog food (with the purchase still being $300). But instead the purchase then becomes $60.

So for now, I’ll just leave the $240 sitting in Chewy (once you put it gift card/pin in it’s put in your account) and use it later when I can’t find a 25% back offer at Chewy.

If I knew this was going to happen, I would have probably got a Safeway or Lowes gift card instead.

GEORGE

How long does it take for the gift card codes to come?
I ordered Safeway on the 5/18 and today is the 22nd already?? thanks

GEORGE

Interesting, maybe they are backlogged…

Nona

I redeemed a Safeway gift card a few weeks ago and it came almost immediately via email. Within minutes, maybe you should try again. Have you logged back in to see if your balance shows the transaction.

Last edited 11 months ago by Nona
GEORGE

I actually got both of my redemption codes the same day I posted the question on this blog lol maybe it has something to do with the dollar amount. Each of my redemption was around $250. What was your value?

DKB

I don’t see targeted offers anymore. Now all rewards are under 10%. Is it just me?

SAro

Same here..it seem to be lowest.

I hope it comes back.. i am holding some big purchase for it

Last edited 1 year ago by SAro
DKB

Oh I see. It’s a relief I thought I was in a restricted list or something (just did some big purchases for gift cards) since the reward has been extremely low these days for me. Yeah hope it will come back soon.

Doug Buck

With the removal of Walmart, I doubt I’ll be using Cap One Shopping much anymore. They usually have higher rates compared to other services but all the other major ones let you redeem directly to PayPal which is obviously much better.

Walmart was almost as good as real money as it’s down the street from me and do all my food shopping there. I guess I’ll just cash out at eBay and buy some stuff I really don’t need. Oh well.

Maine

I doubt Walmart comes back. They are suing Capital One

Nun

Giftcards.com is missing from the app today, even though I’ve used it before. It still shows up in the extension though and on the website.

Did your 24% at Giftcards.com actually pay out and not get clawed back (yet)? I have a similar offer, but since it’s too good to be true I expect they’ll take it back eventually. Thanks.

SAro

mine giftcard.com started showing redemption rewards but no more 18% cash back.

Shannon

Bring back Walmart!

Jay

Safeway is gone again, along with Home Depot, Dicks, and Ulta

[…] HT: Frequent Miler […]

Dave Hanson

Safeway not showing for me.

ETA: OK, 2/3 of way down the screen, a white card with very tiny print shows a number of grocers, including Safeway. Just missed it the first time.

Last edited 1 year ago by Dave Hanson
Lee

Nick, is there a link to a comprehensive list of gift cards from redemptions?

Lee

Bingo. Thanks.

Tracy

Looks like Safeway (Albertson’s, etc.) is back.

Zooter

Nick, Walmart is still an option if you go directly to the URL here. I just redeemed $100 this morning.
https://capitaloneshopping.com/gift-card-checkout/B010383

Will

Do you have link for home Depot?

Thomas

Anyone have the Home Depot one?

ChillTheThrill

“Offer not available” when trying to checkout

Max

If you redeem for Staples/Office Depot/Office Max gift cards, could you then use that gift card to purchase fee-free Visa/MC gift cards?

Or do they have a rule against using Staples gift cards to buy Visa/MC gift cards?

Troy

No, you cannot buy gift cards with a Staples GC