Capital One Refer a Friend: Earn 10,000+ Points and $500 Every Year

Key Points: 

• What is Capital One Refer a Friend? When a person they recommend is approved for a card, the referral program gives qualified cardholders credits or miles.
• Maximum Credit: $500 per calendar year.
• Reward Miles: Up to 25,000 Miles per calendar year.

Capital One has a wide array of credit cards, and most of them participate in Capital One Refer a Friend and other loyalty programs. Whether you have premium metal credit cards from the institution or travel cards, you can easily earn rewards and bonuses through referrals. 

While not all cardholders can refer others, it is an easy way for those who can earn extra miles or cash back through referral. 

Here’s how to refer a friend for the Capital One referral friend program, how it works, and how you can earn lucrative rewards. 

What is Capital One Refer a Friend?

Capital One Refer a Friend is a type of referral program that allows existing cardholders to refer family, friends, or even strangers for any type of credit card from the institution.

This is valuable to both parties, as one referee will get a bonus on approval and the other person can easily get on board. Plus, the new members also get a sign-up bonus. 

Please note that the amount and perks will vary depending on the card, so it is hard to anticipate the exact numbers. To get a clear view, you can log in to the Refer a Friend Capital One page and check out the details. 

How Does Capital One Credit Card Referral Program Work?

Similar to the other referral programs, customers of Capital One cards get a link connected to their account, which they can use to send to their friends and family. Note that it takes a few weeks for the bank to confirm and send the reward to your account. 

The rewards will vary depending on which credit card the other party is approved for. Here’s a breakdown of the bonuses:

• Capital One Venture X Rewards Credit Card: You can earn 25,000 bonus miles and up to a total of 100,000 bonus miles per calendar year. 

• Venture Rewards Credit Card and Capital One VentureOne Rewards Card: Existing customers can earn 10,000-20,000 bonus miles and up to 50,000 bonus miles per calendar year.

• Capital One Quicksilver Cash Rewards Credit Card: You get the chance to earn $100-$150 for each approved referral, which can go up to a total of $500 per calendar year.

• Spark Cash Plus and Spark Cash Select for Excellent Credit: This card gives $200 for each approved referral and up to $1,000 per calendar year.

• Capital One Spark Miles for Business and Capital One Spark Miles Select for Business: You can earn 10,000-20,000 bonus miles for each approved referral, which can go up to 50,000 bonus miles per calendar year.

• Capital One Savor Cash Rewards and Capital One SavorOne Cash Rewards Card: Customers can get $100-$150 for each approved lead and earn up to $500 per calendar year on Capital One SavorOne and Savor cash cards.

• Capital One Platinum Credit Card and Capital One QuicksilverOne Cash Rewards Credit Card: For this one, you can get $100 for each approved lead and earn up to $500 per calendar year.

• Platinum Secured Credit Card and Capital One Quicksilver Secured Cash Rewards Credit Card: This variant gives $50 for each approved referral and up to a total of $500 per calendar year.

• Capital One SavorOne Student Cash Rewards Credit Card and Capital One Quicksilver Student Cash Rewards Credit Card: For the student card you get a $100 referral bonus which can go up to $500 per calendar year.

So these are the rewards you get, depending on the card variant issued by the company. 

Also Read: How to Calculate Percentage Increase in Salary? A Complete Breakdown

What are the Perks of Capital One Venture Referral? 

Your role is to send the referral link, once that is done, the rest is between the bank and the applicant. You will not be notified regarding their approval or non-approval. Thus, you must inquire about the status of the application from the person. 

The financial institution usually takes somewhere around 8 weeks to pass along the rewards from the date of approval. Make sure to keep an eye on any email from the company. 

These are the two forms of rewards you get with CapitalOne referral:

Account Credit 

This isn’t the traditional form of reward that comes via money order. Instead, the company credits the amount to the monthly bill or balance. You can utilize the reward by spending through your credit card. The amount will range between $25 to $150. Also, note that this credit reward is taxable.   

The good news is that existing cardholders can earn up to $500 per financial year with this program. 

Airline Miles 

For successful referrals for travel credit cards, customers can receive 10,000 to 25,000 reward miles on their credit card. These mile points can be redeemed for various benefits. 

These are the rewards that you get with the Capital One Venture x referral bonus program. 

Moving ahead, let’s discuss which cards are eligible for the program. 

Who is Eligible for the Capital One Venture x Referral Bonus Program?

You will be eligible for the card recommendation program if you currently have a card and are in good standing. It will not be possible for you to participate in the referral program if any of your accounts are closed or in default.

Moreover, there’s no restriction or limitation on to whom you are sending the referral program link. However, make sure the applicant has a good financial record, which increases the chances of getting accepted. 

Reasons You Might Miss Out on Capital One Referral Bonus 

There can be situations when you might not receive the referral bonus due to certain rules. This is when:

• Your account is not in good standing. 
• Your friend has used any old referral link or a link that isn’t yours.
• You have violated the terms and conditions of the referral program.
• Your friend is not accepted for the credit card.
• Your credit card is closed, or the bank has server issues.

These can be the potential causes of missing out on the referral bonus. To receive the amount, you can carefully navigate the referral program and explain it to your friend. 

Now that you’ve understood this, let’s go ahead to the main part and check out the referral process. 

How to Refer a Friend for a Capital One Credit Card?

You can get an exciting Capital One referral bonus if any of your leads get accepted. For that, you must know how to send the correct Capital One credit card referral link. 

Through the Website

Here’s how you can do it on the website:

• First, go to the official Capital One Refer a Friend website. 
• Click on the Sign in to Invite Friends option.

  

• Enter your username and password in the given fields.
• Tap on the Sign in button to enter your account dashboard.

  

• Copy the referral link on this page and share it with the applicants. 

This is how you can share the referral link from an online webpage.

Through the App

If you have the official mobile application, this makes your work even more simple. 

• Launch your mobile app on your device. 
• Go to the account details section and select Refer a friend.

  

• Read the terms and conditions and click on the Refer a Friend button.

  

• You’ll get redirected to a new page. Here, copy the code and share it with your friends. 

So this was all about the Capital One Refer a Friend program. We hope this blog will guide you through the entire process. Also, please share it with other cardholders to make them aware. 

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Frequently Asked Questions 

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