Is your Capital One Miles award a good deal?

The same booking, paid in cash.

What the award costs.

Cash still due on the award.

Fair deal

1.80¢each

The same as the usual 1.8¢. The award saves $450; at the usual value the miles are worth $450, so using miles and paying cash come out even.

Under 1.62¢ each is a poor deal and 2.16¢ or more a great one.
Great deal at up to
20,833
Breaks even at
25,000
Poor deal above
27,777

Set against a typical redemption value of 1.8 US cents each: 20% or more above it is a great deal, more than 10% below it a poor one.

Is your Capital One Miles award a good deal? by Points Frog ↗ · An educational estimate, not financial advice.