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Which Cards can Erase?
The Capital One Venture and Venture X cards have the benefit of offering travel purchase erasers.
What is a purchase eraser?
The Venture Purchase Eraser offers the ability to erase your travel purchases at a one cent per point valuation. This means if I make a travel purchase that is $800, I can erase it with 80,000 Capital One points.
Important Distinctions
This purchase cannot just be a purchase you deem a travel expense, it must be something that automatically codes as travel within the Capital One ecosystem. Flights, Hotels, Rental Cars, Uber and websites like Undercover Tourist almost always code as travel. With excursion expenses you may need to get a little more creative. One way to utilize this for excursions would be to use a sight like Viator to book your excursions, ensuring Capital One would view it as a travel expense.
How do I do it?
To start you will find your points information on the main screen for your account. It will look something like the photo above, although they do occasionally change the layouts to keep us guessing! Click View Rewards.
In the VIEW REWARDS section, there are several options you can choose from. For this purpose we want the one that says Cover Travel Expenses. Click on that.
Here you will search for the travel expense that you want to delete, and erase it.
VOILA!
Important
It’s important to remember that this “erasure” must be done within 90 days of the purchase.
Why use this feature?
This can be great assistance to anyone who has purchases that are not able to be covered by your typical points and miles transfers.
Many use this for Disney tickets – although they must be purchased through a third party like Undercover Tourist to code as travel.
Other examples I’ve seen are Kayak trips, Seaplane transfers, American Airlines flights (who have no transfer partners), Cruises, and excursions through Viator, the list goes on and on.
I hope this is an advantageous method to save you more on your next trip. And please, come tell us how it worked!!
