As summer draws to a close, Capital One is continuing the trend of the last few months of improving its card offerings and benefits. This time around, the issuer is focusing on its travel portal, Capital One Travel. In fall, Capital One will launch a revamped version of the platform, which could contend with the likes of major issuers like Chase and American Express.
This new iteration of the Capital One travel portal seeks to deliver a more user-friendly experience along with a host of new features like more travel partners, AI-powered pricing technology and more options to earn and redeem travel rewards. Plus, there’s easy access to information about Capital One lounges debuting in select airports starting in the fall of 2021.
Here’s what you need to know about the new Capital One Travel site and how to manage your legacy account until the new site officially launches.
What’s changing with Capital One Travel?
Capital One is introducing several changes to its travel portal. Here are the most notable ones:
AI-powered pricing through Hopper
Capital One has partnered with Hopper, an online travel search engine that helps users find better pricing for airline, hotel and car rental accommodations. According to the Hopper website, the tool “predicts prices for flights with 95 percent accuracy up to 1 year in advance.”
With this partnership, the Capital One travel portal will now offer price prediction, price watch, price drop protection and price match guarantee to cardholders who book accommodations through the site.
Flexible booking experience
The new site promises features that will make your travel plans more flexible. For instance, you can use a combination of rewards and your Capital One credit card to make travel plans. For a small fee, you can book your travel with the “cancel for any reason” clause and cancel your booking as needed with some level of refund offered, depending on the circumstance.
Greater earning opportunities
Earn 5 miles per dollar on hotels and car rentals when booking through Capital One Travel with an eligible Capital One Venture Rewards Credit Card, Capital One VentureOne Rewards Credit Card, Capital One Spark Miles for Business or Capital One Spark Miles Select for Business. For example, bookings for hotel rooms and car rentals mean you’ll earn rewards you can put toward your next trip.
Who will have access to Capital One Travel?
If you own one or more of the following cards, you are eligible to use the new Capital One Travel site:
How can you access Capital One Travel?
If you already have one of the eligible cards mentioned above, you’ll see the option to start booking trips when you sign in and view your rewards when the site officially launches this fall.
Note: As of Aug. 26, 2021, making new reservations will temporarily be unavailable through Capital One Travel. You can still manage any existing reservations or use existing travel credits to book travel in your existing account.
Should you use Capital One Travel to book travel accommodations?
Whether you’ve got an eligible Capital One credit card or will soon apply for one, it looks like the Capital One Travel site could be a formidable competitor in the travel portal space. Due to its partnership with Hopper, the site is poised to deliver more value than many issuers’ existing portals.
Provided the portal truly delivers on the features that set it apart, such as price prediction, price watch, price drop protection and price match guarantee, Capital One cardholders could finally have an advanced travel booking tool at their fingertips to maximize every dollar spent on their travel accommodations.