How much is the value of 1M Capital One Rewards points?

The Capital One Smart Rewards program is a unique rewards system offered with the Capital One Smart Rewards Mastercard that operates differently from traditional credit card rewards programs. Rather than earning rewards when spending, cardholders earn points for making payments toward their balance Capital One Smart Rewards Mastercard Review.

Tired of guessing what the value of 1M Capital One Rewards points is? FinlyWealth's point calculator tool can estimate the value of your points when redeemed through various options in Canada.

Loyalty Program

Number of Points

Points

Redemption Options

Statement Credits (Cash)

1,000,000 Capital One Rewards points are worth $2,500 on average if redeemed for Statement Credits (Cash)

$2,500

0.25¢/point

Gift Cards

1,000,000 Capital One Rewards points are worth $2,500 on average if redeemed for Gift Cards

$2,500

0.25¢/point

Capital One Smart Rewards Points Value Chart

Capital One Smart Rewards Points Value Table

Redemption Option	Average Value
Statement Credits (Cash)	0.25¢ / point
Gift Cards	0.25¢ / point

Capital One Smart Rewards Program Breakdown

Capital One Smart Rewards Points Value in Increments

	Optimal Redemption Value 0.25¢ / point		Optimal Redemption Value 0.25¢ / point
1 point	0.25¢	60,000 points	$150
10 points	2.5¢	65,000 points	$162.5
100 points	25¢	70,000 points	$175
1,000 points	$2.5	75,000 points	$187.5
2,500 points	$6.25	80,000 points	$200
5,000 points	$12.5	85,000 points	$212.5
10,000 points	$25	90,000 points	$225
15,000 points	$37.5	95,000 points	$237.5
20,000 points	$50	100,000 points	$250
25,000 points	$62.5	125,000 points	$312.5
30,000 points	$75	150,000 points	$375
35,000 points	$87.5	200,000 points	$500
40,000 points	$100	250,000 points	$625
45,000 points	$112.5	500,000 points	$1,250
50,000 points	$125	750,000 points	$1,875
55,000 points	$137.5	1,000,000 points	$2,500