AwardWallet receives compensation from advertising partners for links on the blog. The opinions expressed here are our own and have not been reviewed, provided, or approved by any bank advertiser. Here's our complete list of Advertisers.
Eligibility is limited for the Amex Offers discussed in this post. Enrollment is required in the Amex Offers section of your account before redeeming.
Capital One has launched ‘Capital One Offers' in beta to select cardmembers. While details are still slim, it appears to be a similar format to that of Chase Offers and Amex Offers.
What We Know
Reports indicate that only a limited number of Capital One cardmembers have found these in their account—at least during this initial beta stage. My guess is that Capital One is targeting a specific group of their customers to test the program for functionality.
Based on the screenshots shared, those who are eligible are receiving almost identical offers. Each offer lists a vendor and a cashback percentage that applies to it. At the bottom of each offer is the phrase “Get Savings”, which you probably need to select to activate the offer.
Initial offers are for 15% cash back with eBags and 10% cash back with a variety of merchants:
- Department stores: Bloomingdales, JCPenney
- Outdoor recreation: Columbia, Moosejaw, GoPro
- Apparel companies: Vineyard Vines, Lands' End, Outdoor Voices, prAna
The screenshot above is taken from the Capital One account of AwardWallet Editor-in-Chief, Erik Paquet, who has the Capital One Venture Rewards Credit Card.
- Earn 75,000 Miles once you spend $4,000 on purchases within the first 3 months of account opening
- 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel
- 2X miles on all other purchase
- Fee credit for Global Entry or TSA Pre✔® (up to $120)
- No foreign transaction fees
- $95 annual fee
- 5X miles per dollar on purchases through Capital One Entertainment (through 12/31/2025)
- 5X miles per dollar on hotels, vacation rentals and rental cars booked through Capital One Travel
- 2X miles per dollar on all other purchases
Where to Find These Offers
If you've been chosen to participate in this beta program, you will find these offers in your online Capital One account. Erik provided this screenshot of his account accessed via desktop, where he found the “Shop, Save, Earn” tab lead to his offers:
In the Capital One app, reports indicate that if you're eligible for these offers, they'll appear towards the bottom of your screen once you've logged in. However, some cardmembers have reported being able to see these offers on one platform, but not on another. Given that the program is still in its early testing stages, your ‘mileage' may vary significantly.
Bottom Line
Even though it may not affect all Capital One cardmembers just yet, this beta program is still an exciting new endeavor. Chase Offers and Amex Offers are fan favorites. If Capital One Offers end up being similar, it could add a lot of additional value to Capital One's portfolio of credit cards.
At this early stage, only a limited number of offers are available to members of the beta test. With this in mind, we recommend taking a minute to see if these offers appear in your account. If so, be sure to activate any that might be valuable to you. For now, there's no need to check these regularly.
Are you eligible for Capital One Offers? Could you see these adding long-term value to your Capital One account? Let us know in the comments.
H/T: Doctor of Credit
The comments on this page are not provided, reviewed, or otherwise approved by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
