Capital One Shopping/Offers: Earn 39.5% cashback or 39X miles at Klook (activities, hotels, car rentals, & more)

Capital One Shopping and Capital One Offers are once again offering boosted rates for activities bookings through Klook. I’m seeing 39.5% cashback and 39X miles, but you might get even higher (or lower) targeted offers.

The Deal

• Earn 39.5%+ cashback via Capital One Shopping or 39X+ miles via Capital One Offers for bookings through Klook.

Capital One Shopping referral

If you’re new to Capital One Shopping, you can earn $80 when joining (see this post for full details):

Key Terms

• Expires April 27, 2026.
• Not eligible for Best Food & Must Eats.
• Not eligible for Universal Studios Japan, Disney Tokyo, Disney Hong Kong, and JR Pass.

Quick Thoughts

As always with these boosted offers, the rates you’ll receive can be highly targeted. When going to the Capital One Shopping home page on his account, Nick saw a 19.5% cashback rate; on mine I saw 39.5%, while via email Nick got 23.5%.

Note that those rates have different tiers. For example, on my account that’s up to 39.5%, it’s broken down as follows:

• 39.5% – Tours, sightseeing, activities, and experiences
• 25% – Hotels, car rentals, attractions, shows, attraction passes, Best Food & Must Eats, Transportation, and WiFi
• 2% – Special activities & Klook gift cards

Those tiers do leave some element of confusion. For example, the terms specifically exclude Best Food & Must Eats orders, but the 25% tier also specifically lists it as being eligible. Meanwhile, it’s not clear what’s classed as “special activities” versus normal activities.

Still, these are very good rates, especially for some activities, as well as hotel and car rental bookings. For example, although Disney parks in Hong Kong and Tokyo are excluded, it doesn’t exclude Disney locations in the US and elsewhere in the world. Perhaps those would fall under “special activities”, but Nick did earn 70% cashback for Walt Disney World Resort in Orlando, FL via a Capital One Shopping/Klook offer a year or two ago, so hopefully nothing has changed since then.

Those cashback rates above are for Capital One Shopping which is available to anyone—even non-Capital One cardholders. If you do have any Capital One credit cards, it’s worth also checking Capital One Offers. On my wife’s account, she was targeted for 39X miles which is far more valuable than the 39.5% cashback via Capital One Shopping seeing as that cashback can only be redeemed for select gift cards.

You can find Capital One Offers by logging in to your account and scrolling down to the section where it says ‘Activate shopping offers.’ Click on ‘View all offers’ and you should see Klook listed towards the top.

If you only have Capital One cards that earn cashback, you’ll only earn that rate in cashback rather than miles. That said, with Capital One Offers that cashback is pure cashback, versus the Capital One Shopping gift card redemption-only cashback.

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