Rewards don't expire for the life of the account.
We'll send you a check or you can apply rewards as a statement credit 3 . Apply your cash back to directly cover a recent purchase. Spend your rewards on gift cards.
Do Capital One Rewards expire?
Your rewards are yours for the life of the account—they will not expire. But if your account is closed, you will lose any rewards you have not redeemed.
How does Capital One $200 bonus work?
The card comes with 1.5% unlimited cash back on all purchases. Capital One offers a one-time cash bonus of $200 once you spend $500 on purchases in the first three months of opening the card. Your rewards don't expire, and you can redeem your cash back at any time.
