![]() Or you book your flight through the Capital One Rewards portal, with the added benefit of price protection and price alerts. Let’s say you have a frequent flyer account with British Airways, where miles or points are called “Avios.” You may transfer the bonus 75,000 miles to your British Airways account, adding the equivalent of 75,000 Avios. ![]() Once you’ve spent at least $4,000 in the first three months of owning the card, you may need to wait several weeks for the bonus miles to post to your account, so don’t plan on redeeming the bonus miles immediately. Imagine you are planning to use the 75,000-point bonus on an upcoming trip. You may redeem any amount for a check in the mail or an account credit. By logging into your Capital One reward account, you will see options for cash back at the rate of one-half penny for each mile.
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