Every year, the various credit card companies sent out, or make a fun web-based Christmas holiday versions of their rewards offerings. The holiday edition of Capital One No Hassle Miles rewards catalog is one such offering.
The 2021 CapitalOne Rewards Holiday Catalog showed up recently. Of course, we’ll be looking into these special reward offers and seeing if there are some good bargains, or if these points redemption offers aren’t worth it at all.
One quick note is that there is no special on redeeming Captial One points for gift cards. All CapitalOne Miles Rewards still redeem at one percent, that is 1% cash back equivalent. In other words, for every $10,000 you spend and earn points or miles at the rate of 1 per $1, your cash back rate would be equal to 1%. Of course, there are various opportunities to earn bonus miles and extra rewards in the Capital One No Hassle Rewards program. For example, the Capital One Venture card gives you 2 points for every dollar, essentially doubling your cash back equivalence. With this holiday edition of the Capital One Rewards Catalog it looks like you will have to load up on those if you want a fair rate on your miles redemptions for gift cards.
Capital One No Hassle Miles 2020 Holiday Rewards Catalog
Our in depth look is coming soon. If you want a couple of quick highlights to get a feel for how good the Capital One Rewards specials are in this year’s holiday catalog, here are a couple of samples. This Capital One Miles Rewards Matrix is just a quick sample. We’ll be back with more special points redemptions and other good deals once we get a chance to do some more in-depth analysis.
- Xbox 360 Elite 120 GB Bundle = 111,750 Miles
- Nintendo DSi Bundle (includes 2 Games) = 56,500 Miles
- Nikon Coolpix S220 10 MB Digital Camera = 34,250 Miles
- Sony Bravia S-Series 1080p HDTV 40 inch screen = 243,500 Miles (439,250 points for 52″ screen)
- Razor Pocket Rocket Miniature Electric Bike = 63,250 Miles
- KitchenAid Artisan Stand 5-Quart Mixer = 67,750 Miles
As usual, it looks like the best credit card rewards are cash back, gift cards, and bill credits. So far, there doesn’t seem to be any exceptions this year. That is because credit card companies like Capital One try and price their rewards points at the full manufacturer list price. That means that if you get even the normal retail level street pricing, you’ll come out behind redeeming your Capital One Rewards points for merchandise.
Frankly, with some of Capital One’s recent changes to their credit card agreement and their recent “restructuring” of customers (even those with good credit) ahead of tighter credit card regulations that Congress pushed up to take effect this year, the No Hassle Miles cared is looking like a lessor value each day. One thing is for sure, the Capital One No Hassle Miles card is not one of the top credit card rewards programs any longer.
Be sure to check out all of Capital One’s various rewards cards and make sure that you have the right one for you. Remember, don’t worry too much about credit card rewards rankings or reviews. What works best for you, won’t necessarily work best for others.