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Last year we wrote about Capital One's expiring partnership with Hotels.com. Well, folks, the sad day has come and gone, and you can no longer earn 10X miles at Hotels.com.
January 31st, 2020, was the last day you can earn 10X Capital One® miles on Hotels.com/venture bookings using your Capital One® Venture® Rewards Credit Card or Capital One® VentureOne® Rewards Credit Card.
- The Capital One Venture cards no longer earn 10X miles for Hotels.com/venture bookings after January 31, 2020.
- From February 1, 2020, Hotels.com/venture bookings earn the standard earning rate, 2X per dollar on the Capital One Venture, and 1.25x per dollar on the Capital One VentureOne.
The End of an Era
The ability to earn 10X on Hotels.com reservations was one of the sweetest deals for paid hotel bookings. To quickly recap, each Capital One mile is redeemable for 1¢ against travel purchases using their Purchase Eraser® feature. (They're potentially worth much more if transferred to any one of Capital One's 15 airline transfer partners.) When used in conjunction with Hotels.com's loyalty program where you earn one free night for every 10 paid nights (minus taxes and fees), this meant you were saving 20% or more with every booking!
Capital One Has Introduced New 5X Bonus Categories
With the end of their most prized benefit, Capital One has introduced a new earning scheme to fill the void. In place of the 10X earnings at Hotels.com, you will now have the ability to earn 5X miles per dollar on hotels and rental cars booked through Capital One Travel and paid with your Capital One Venture or Capital One VentureOne cards.
You have to book your hotel or rental car through Capital One Travel to earn 5X miles. Any other charges made on your Capital One Venture or Capital One VentureOne card that are not booked through the Capital One portal, regardless if they are hotel or rental-car related, will only earn the standard purchase earn rate.
Both of these cards still have some good things going for them. Earning 5X on hotels and rental cars isn’t as good as 10X on hotels, but it’s still a better purchase earn rate than most cards with similar annual fees offer. The Capital One Venture card still offers a solid 2X earning rate on everyday spending. And the Capital One VentureOne offers 0% intro APR on purchases for 12 months (then 13.49% - 23.49%), a 20,000-mile sign-up bonus, and the ability to transfer to airline partners–all for no annual fee.
We were hoping this promotion would get extended past this initial expiration date. It’s tough to see a great deal end. In any case, we hope you locked-in some hotels at 10x before the cutoff!
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