Capital One launches vacation rentals: Earn 5 miles per dollar plus a $50-$100 experience credit

29.02.2024 - 22:23 / thepointsguy.com

Hotels can be great — especially when you snag a great deal on points and can get perks like free breakfast thanks to your status with the brand.

But sometimes you're traveling with your family or a group of friends, and a hotel just doesn't cut it — you need a vacation rental.

Now, Capital One is giving eligible cardholders the option to earn bonus miles and enjoy premium benefits during those times. After joining the hotel program space in 2023 with its Premier and Lifestyle collections, Capital One has announced that it's adding vacation rentals to both collections.

These vacation rentals have launched in more than 30 locations nationwide, including destinations like Sonoma, California; Hilton Head, South Carolina; Breckenridge, Colorado and Austin; it has plans to expand to more domestic and international locations.

Capital One Venture X Rewards Credit Card and Capital One Venture X Business cardholders can access both the Premier and Lifestyle collections, while Capital One Venture Rewards Credit Card and Capital One Spark Miles for Business cardholders can only access the Lifestyle Collection.

Here's everything you need to know about these vacation rentals and whether they're worth booking.

Eligible cardholders will earn 5 Capital One miles per dollar on vacation rentals in the Capital One Premier and Lifestyle collections. Cardholders can also redeem Capital One miles for bookings with these properties at a rate of 1 cent per mile.

Additionally, you'll enjoy these benefits:

The experience credit has the potential to be the most exciting benefit on this list. For hotels, these typically include a credit toward the hotel restaurant or spa. So, the option to get credit toward things you want more when traveling with a group, like groceries and cleaning services, is a huge plus.

When meeting friends at a vacation rental after work on a Friday, the last thing I want to do is have to stop for groceries on my way. The option to have them delivered ahead of time would mean I can get to my destination (and weekend plans) even sooner, adding serious value to my stay.

To book, go to Capital One Travel and choose "Premium Stays" (not "Hotels") and then "Vacation rentals." Enter your destination, dates and number of guests.

You can filter by amenities.

You'll see a list of available options with pricing information and standout benefits of each property.

Then, select a property and complete your booking.

If you're a Venture X or Venture X Business cardholder and have any of your $300 annual travel credit available, you'll see the option to apply some or all of your credit toward your booking.

Once you've booked, you can focus on planning the rest of your group getaway.

If you regularly travel with family or