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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 3 months from account opening; worth $750 in travel if redeemed for a fixed-value, or potentially much more when transferred to airline partners
- 2 Miles on every purchase
- Fee credit for Global Entry or TSA Pre✔® (up to $100)
- No foreign transaction fees
- $95 annual fee
- 5X miles per dollar on hotels 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.
Have I mistaken? It appears the cash back offer is only available through online purchase with the companies. This is a big bummer.
Able to see the offers my account but it seems you must use their link and can’t be combined with any cb portals (unlike Amex)
I can’t see them yet, but if this is true and Capital One is designing this more inline with the airline shopping portals that require clicking through their link, that’s a big ding vis-à-vis AmEx. The beauty of AmEx offers are that they don’t require any behavior change beyond adding them to your card and they are then stackable with other promotions.
This is great news. The Chase offers are great for money I will already spend.
Another good way to save some $$. Have made a lot of money with Amex, Chase, and BofA offers!
I love these and it helps me to use different cards. I do find that I use Amex options less. They have more stores I don’t frequent. I end up using Chase and BoA more. I do see quite a few I use in the Capital One options. It’s really nice to see that minus when you go to pay the bill.
Though BoA has what my kids love often, McDonalds. lol! So they probably wonder why I go there all the time. I wish they had more family deals, Childrens Place, Target, play places, etc.
Capital One is really becoming a strong competitor in the travel card market! I used to dismiss this card as just a modified cashback card (one where you could only spend your cashback on travel) but since adding the transfer partners and now these offers, they are really leveling the field with Chase and Amex. Now if I could only convince them to approve me for a card…(Actually I’ve gotten some great advice from this blog on calling them for approval and I should act on that advice.)
I hope US Bank is next!
I hope Chase actually starts doing these. I have TWO offers on my CSR. Two.
These are the exact offers I have when I open my app. Unfortunately, I don’t have much use for the stores listed. Hoping they expand or rotate the merchants once the beta-testing period is over.