- Gold Member
- Posts: 25
- Joined: Fri Sep 06, 2013 4:51 pm
- Location: southeast
CPAYNTER has it right . It can be a little confusing with the 2 miles/1%/2% etc. My Navy Federal Visa Signature Flagship card works the exact same way. If I redeem 10k points for travel, it equates to 1% of how much you spent. If you spend $5,000 you get 10k points. That equals $100 in travel rewards, meaning you are actually getting a 2% return on your dollar. $5000 spent*.02=$100 reward.
Easiest way to think about it is by looking at the points you have. That first link posted on this thread explains it the best. $216 plane ticket requires 21,600 points.
If any of you have NFCU and like this Capital One card, give the Visa Flagship card a look. The AF is only $49
NFCU Visa Signature Flagship $8.5k
Home Depot Consumer Card $2.5k
PNC Bank Card(AU) $2.5k
AMEX BCE $2.5k
Discover IT $3.5k
Chase Slate $5.4k
Equifax: 680 (as of 08/01/2013)