Capital One is launching a new digital currency that will be used to purchase event tickets, exclusive access and more. Consumers are invited to the unveiling of the Capital One Miles at Ace Hotel in New York City on December 12th.
The “capital one ticketmaster discount” is a new feature that allows users to spend their Capital One Miles for event tickets, exclusive access.
Capital One Miles may now be used to purchase event tickets and VIP access.
on March 23, 2022 by Gary Leff
Capital One has collaborated with Vivid Seats to provide Capital One Entertainment on its website and mobile app, allowing customers to purchase event tickets using miles rather than cash. They’ve also put up a list of exclusive exclusive access events that you may redeem. The platform will be ready on March 24th.
I’m more interested in the unique experiences than in the value of utilizing points to purchase more ordinary tickets via the site.
- Mileage reward cards offer redemptions against the monetary cost of a ticket at a rate of Mileage rewards cards allow redemptions against the cash cost of a ticket at $0.008/apiece (e.g. a $100 ticket costs 12,500 miles).008 per mile (for example, a $100 ticket costs 12,500 miles).
- Redeeming $1 for $1 (a $100 ticket costs $100 in rewards currency) is possible with cash back cards.
More alternatives are always better, and for certain cards, this will be both beneficial and handy. In general, however, I’d rather pay cash for flights and save my Capital One points for airline mileage transfers. That’s because you may receive greater than More options are always better, and this will be both useful and convenient for some cardholders. As a general matter, though, I’d prefer paying cash for tickets and saving my Capital One points for transfers to airline miles. That’s because you can do better than $0.008 per point with travel redemptions, and because you often get rebates through online shopping portals when paying cash at Vivid Seats..008 per point with trip redemptions, and you can frequently obtain rebates when buying cash at Vivid Seats via online shopping platforms.
- Use the cash from your cash back card to purchase the tickets you desire at the best price (via Vivid Seats or elsewhere) with the greatest available rebate.
- Even if you’re already purchasing from Vivid Seats, paying with points offers you less of your options: 4% TopCashBack, 3% Mr. Rebates, 5 American AAdvantage miles per dollar, or 4 Alaska Airlines or Southwest points per dollar.
- On most Vivid Seats transactions, Capital One’s online gateway now provides 3% back, however buying using points forfeits this refund.
Use higher-value rewards card miles, such as a cent per mile for paid travel, and save the money to pay for the tickets. You’ll be able to get a greater redemption value by arbitraging.
Instead, the experiences they provide will be the most significant aspect of this. For example, they’re promoting 100,000-mile packages, which are levels beyond the Venture X card’s original bonus offer, which concluded recently:
- “NCAA Men’s Final Four Weekend in New Orleans (April 1–4, 2022) including 2 suite seats, Capital One JamFest passes, and Men’s Final Four Fan Fest presented by Capital One.”
- “Premium seats and access to a sound check with headliner Thomas Rhett at the iHeartCountry Festival in Austin, TX (May 7, 2022)”
“Events like the iHeartRadio Music Festival, Capital One Orange Bowl, the College Football National Championship, James Beard Foundation events, the MICHELIN Guide culinary events, and more” are promised in the future.
This branded experiences portal expands on Capital One’s collaboration with Vivid Seats, which currently gives Savor and SavorOne cardmembers 8% back on purchases, which can be combined with shopping portal perks, giving them even another reason to buy their experiences with cash.
More From the Wing’s Perspective
The “best way to redeem capital one miles” is a new feature that allows users to use their Capital One Miles for event tickets. This is an exclusive offer that only lasts until May 31st, so you better hurry and take advantage of it!
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