October 2, 2023

Capital One Debuts New Travel Portal With Money-Saving Benefits

Select’s editorial team works independently to review financial products and write articles we think our…

Capital One Debuts New Travel Portal With Money-Saving Benefits

Select’s editorial team works independently to review financial products and write articles we think our readers will find useful. We may receive a commission when you click on links for products from our affiliate partners.

Capital One unveiled the details of their brand new travel booking portal — Capital One Travel. It’s a unique platform to book travel using your Capital One credit card, whether you are booking with miles or cash.

This news comes as the bank recently announced upgraded travel benefits, including new transfer partners for Capital One miles and opening three Capital One airport lounges.

Now, Capital One is delivering an all-in-one travel portal where consumers can book flights, hotels and car rentals — and also access several exciting features to save money on travel and make booking a hassle-free experience.

Capital One Travel’s new features

The newly debuted Capital One Travel portal that cardholders will interact with starting Wednesday.

Courtesy of: Capital One

The Capital One Travel portal price prediction technology estimates to have 95% accuracy, giving consumers great confidence to know when to purchase a flight.

Courtesy of: Capital One

  • Price drop protection: If a flight price is found lower than the one you paid, Capital One will offer a refund for the difference. This can be a huge money saver for consumers who regularly travel, and the best part is that it’s automatically refunded.
  • Price match guarantee: If you find a better price for a flight, hotel or rental car on another site within 24 hours of booking, Capital One Travel will refund the difference.

Later this year Capital One will add these benefits to its travel portal:

Lastly, sustainable travel has become a priority for many who are hitting the road. Booking.com’s 2021 Sustainable Travel Report revealed that 61% of travelers stated the pandemic has influenced them to want to travel more sustainably. In response, Capital One is launching a partnership with the World Wildlife Fund and Eden Reforestation to plant four trees for every flight, hotel, or rental car booking in order to help with forest restoration.

Compared to other bank’s travel portals, Capital One Travel will provide a very unique and potentially valuable tool. The other travel booking platforms do not include nearly any of the same purchase protections or travel insurance policies.

And with transfer bonuses becoming more lucrative for consumers who earn transferable points, there is often less incentive to use a bank’s travel portal. But with Capital One’s new product, travelers have more tools to try and get the best price for their upcoming adventure.

Best Capital One credit cards

If the new Capital One Travel portal is intriguing, consider applying for one of the many Capital One credit cards.

Here are their current cards and their welcome offers:

Bottom line

Booking through a credit card’s travel portal has several upsides, mainly the ability to earn and burn your miles all in one place. But the new benefits of the Capital One Travel portal make the card issuer stand out from other bank’s booking platforms.

Information about the Capital One cards has been collected independently by CNBC and has not been reviewed or provided by the issuer of the card prior to publication.

Editorial Note: Opinions, analyses, reviews or recommendations expressed in this article are those of the Select editorial staff’s alone, and have not been reviewed, approved or otherwise endorsed by any third party.