The charm of a travel reward card makes it easy to forget, and there are plenty of good reasons to hold a cash reserve card in your wallet as well. Cashback cards often have simple income and redemption structures that you can’t go beyond the flexibility of cash rewards.
If you have a one-mile card that makes money, consider adding a capital 1 cash card to your wallet. With the right card pairing, you can turn your capital-cash reward into transferable miles, making it more valuable.
This is what you need to know to fully maximize your capital rewards.
Which capital can be converted into mileage with a cash reserve card?
To convert a cash back capital into miles, you need to hold a capital one cash card and a mile card at the same time. This way, you can combine rewards and make your cash back a mile of fully transferable capital.
In order to qualify to return cash to miles, you need one of these miles of cards:
| card | Welcome offer | Income rate | Annual fee |
|---|---|---|---|
| Capital One Venture X Reward Credit Card | Earn 75,000 miles from the first three months of account opening after spending $4,000 in the first three months of purchase. |
|
$395 |
| Capital One Venture X Business | From the first three months of account opening, earn 150,000 miles of bonus miles after spending $30,000 in the first three months of purchase. |
|
$395 |
| Capital One Venture Rewards Credit Card | Earn 75,000 miles from the first three months of account opening after spending $4,000 in the first three months of purchase. |
|
$95 |
| Capital One VentureOne Rewards Credit Card | Earn 20,000 miles from your first three months of opening an account after purchasing $500. |
|
$ 0 |
| The Capital One Spark Mile Business | Spend $4,500 from the first three months of opening an account and earn 50,000 miles. |
|
$0 for the first year of annual introduction fee, then $95 |
Then, if you have one of the cards listed above, you can turn the cash reward of any of the following cards into a 1:1 ratio:
| card | Welcome offer | Income rate | Annual fee |
|---|---|---|---|
| Capital One Enjoys Cash Reward Credit Card | Spend $500 in three months from account opening and earn $200 in cash back. |
|
$ 0 |
| Capital One Tasting Student Cash Reward Credit Card | From the first three months of opening an account, earned $100 in cash after purchasing $300. |
|
$ 0 |
| Capital One Quicksilver Cash Reward Credit Card | Spend $500 in three months from the account opening and earned $200 in cash bonus after purchasing $500. |
|
$ 0 |
| Capital One QuickSilverone Cash Reward Credit Card | N/A. |
|
$39 |
| Capital One Quicksilver Student Cash Reward Credit Card | From the first three months of account opening, earned $100 after spending $300 in the first three months of purchase. |
|
$ 0 |
| Capital One Quicksilver Secured Cash Reward Credit Card | N/A. |
|
$ 0 |
| Capital One Spark Cash Plus | From the first three months of opening an account, earn $2,000 in cash back after spending $30,000 after purchasing. Also, for every $500,000 spent in the first year, an additional $2,000 in cash bonus is earned. |
|
$150 |
| Capital One Spark Cash Choice | Spend $4,500 from your first three months of your account opening and earn $500 cash back. |
|
$ 0 |
With each card on the list, you can return the reward to a mile with 1% cash, with TPG’s July 2025 valuation at 1.85 cents. This is thanks to the ability to transfer to Capital One’s full suite of over 15 hotel and airline partners.
It is important to note that while you can convert cashback rewards into miles, Capital One doesn’t choose to transfer miles to cash at the same price.
Related: Cash a Mile of Capital? How to get the maximum value when redeeming mileage
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How to return cash to mileage
Please follow these steps to return cash to mileage:
- Log in to your Capital One account and navigate to View Rewards.
- Select the card to return cash to the mile.
- Scroll down until you see the Combination Rewards section and select.
- Select the card account to send the reward.
- Select how much cash back to convert and select Confirm.
Related: Best Capital A Credit Card
How to maximize your Capital One card pairing
Ideally, you want to pair a fixed-rate income card with a card with a reward category. Since all eligible capital one mile money-making cards make money at a fixed price, your best bet is to combine one with the cards in the taste family as they win rewards for spending in a specific category.
For example, if you own a Capital One Venture Rewards card, it costs 2 miles per dollar on all purchases. If you also have a Capital One Mavor Cash card, you can get an impressive 3% in dining, entertainment, popular streaming services and grocery shopping.
The magic of this card pairing is that it allows you to earn 3 miles effectively on these bonus purchases.
Also, if you want more quality privileges like lounge access and an annual Capital One Travel Portal credit of $300, consider pairing the Venture X with Savor Cash.
Related: Better Together: The Final Guide to the Best Credit Card Combinations
The best capital pair
One of the best aspects of this ability to return cash to mileage is that you can do so without paying any annual fee.
With the Capital One VentureOne Rewards Credit Card, you will earn 1.25 miles per dollar per purchase and can use the same redemption options as Venture Rewards and Venture X without an annual fee.
Capital One Seaver Cash Rewards credit card offers 3% dining, entertainment and popular streaming services as well as at grocery stores (excluding super stores like Walmart and Target), plus 1% cash back on all other purchases, and no annual fee.
So with this duo you can essentially earn 3 miles per dollar for dining, entertainment and streaming services and in the grocery store without paying any annual fee.
Related: Complete Guide to Credit Cards Annual Fee
Bottom line
If you have one mile card one card and one cash account one card, you can maximize the amount of capital you earn one mile. This way you will be able to combine rewards and unlock the ability to transfer those rewards to Capital One’s extensive transfer partner list.
If you play the card correctly, your cash hanger can become a secret reward weapon for your wallet.
Related: Best Capital Add a Credit Card to Your Wallet
