Capital One Offers—the shopping portal/card-linked program for Capital One cardholders—sometimes has some very generous rates available. One such example at the moment is the ability to earn 25X transferable miles per dollar spent in-store at CVS.
In addition to being a targeted rate, there are some important terms and conditions to be aware of.
The Deal
- Earn 25X miles in-store at CVS with a targeted Capital One Offers offer.
Key Terms
- Activation required.
- Expires 1 week after activation.
- Limit 3 card-linked activations for any card-linked stores.
- Orders deemed by CVS to be used for reselling purposes, that are over $500 in order amount or include a quantity of more than 8 of the same SKU are not eligible.
- Not eligible for purchases of gift cards.
- Not eligible for purchases of prescriptions.
Quick Thoughts
25X miles is a superb rate for CVS, although the terms do (or might) somewhat limit how much you can take advantage of this offer.
As you can see above, 25X is only valid on transactions less than $500. A transaction of $500 might be eligible seeing as it refers to orders that are over $500, but I’d be inclined to stay a little under $500 to play it safe.
Buying more than eight of the same item in the same transaction also isn’t valid, so if CVS has some kind of great deal on household supplies, groceries, medicine, etc., it’d be worth purchasing in two or more transactions if you want a substantial number of the same item.
One of the most disappointing exclusions is the one stating that the 25X rate isn’t eligible for purchases of gift cards. I’m not sure how strictly that’s enforced, but if you’re planning on buying one or more gift cards in-store, it might be worth adding at least one filler item to ensure that the transaction isn’t for an amount that might be flagged as a possible gift card purchase (e.g. exactly $250 or $450).
This offer should, in theory, be eligible on a seemingly unlimited number of transactions that are below $500. The terms refer to a limit of three card-linked activations, but that’s because Capital One only allows you to have three card-linked offers loaded to any given Capital One card at any one time; it’s not referring to a transaction limit. With different card-linked in-store Capital One Offers in the past, it’s been possible to use the same offer over and over again, so I suspect that’ll be the case here. It’ll be worth taking a screenshot of the offer for your card(s) though in case you need to reach out to Capital One in the event of multiple transactions not crediting, pointing to the fact that no limit was stated.
If you’re not familiar with Capital One Offers, it’s a shopping portal that’s only available for those who have a Capital One card. When logging in to your account, scroll down to the section where it says ‘Activate shopping offers.’ Click on ‘View all offers’ and you should see CVS listed in there. You’ll need to activate the offer on your card(s) before making a purchase in-store. You’ll earn the rewards in miles if you have a miles-earning card. If you only have Capital One cards that earn cashback, your rewards will be earned in cashback.
The 25X seems to be targeted; other people are targeted for 15X, while there might be different rates floating around too.
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