A reader reached out to me on Instagram last night to share an incredible offer found within the Capital One Offers login: spend $1,000 or more at British Airways, earn 50,000 Capital One miles. That’s a pretty amazing return on airfare, though you might need to make sure that you spend $1,000 before taxes.
The Deal
- Capital One Offers has a new offer out for some Capital One cardholders that provides the chance to earn 50,000 miles after $1,000 in purchases with British Airways
Key Terms
- Spend requirement must be met in a single transaction
- Not eligible for short-haul flights
- Not eligible for Gold Guest List, Gold, Silver, and Bronze club tiers
Quick Thoughts
The merchant terms here seem to stipulate that the total purchase must be $1,000 “before taxes”, though it is unclear to me whether Capital One even receives a breakdown of fare vs taxes when you make an airfare purchase (unlike a merchandise purchase, where the reported amount is usually the amount before tax).
Still, a return of what is 50X on $1,000 worth of airfare is pretty wild. Given our Reasonable Redemption Value for Capital One miles, that’s like $725 worth of miles — a huge return on that level of spend. And that’s just the RRV — 50,000 miles could be enough miles for a one-way business class award flight to Europe in some cases, so it could certainly be worth more than the cost of the purchase if you maximize the use of the miles.
Keep in mind the short-haul exclusion. It is also interesting that it seems this offer is not valid for British Airways frequent flyers, since Bronze, Silver, and Gold tier members appear to be excluded. That is interesting, though I suppose it would make sense that British Airways would like to incentivize new customers to come on board.
This is but one of many terrific new offers out today via Capital One Offers. As a reminder, Capital One Offers are a shopping portal-like set of offers that you can find within your Capital One credit card login (not to be confused with Capital One Shopping, the public portal that offers rewards redeemable for gift cards).
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I got the same offer, additionally, i also had ABT.com offer to spen $950 and get 45000 miles and Lenovo to spend $1000 and get 50000 miles.
I got 30k and need to book some BA flights! If I book round trip from BOS-GLA via LHR, will the LHR-GLA portion be considered a short haul and void my offer?