The Capital One Miles reward program is a smart way for cardholders who make large purchases on their credit card to reward themselves with travel, merchandise and cash.

Capital One offers a mileage reward program on three of the Capital One credit cards:

• No Hassle Miles Rewards ?One and a quarter miles are awarded for every $1 in purchases spent on the card.
• No Hassle Miles Credit Card for Travel and Gas ?Three miles are awarded for every $1 in travel and gas purchases, and 1 mile for every $1 on other purchases.
• No Hassle Miles Ultra for Professionals ?Two miles are awarded for every $1 in purchases spent on the card.

All of these cards are offered to cardholders with good to excellent credit. Depending on the card, the features include:

• No Hassle Miles Rewards and No Hassle Miles Credit Card for Travel and Gas - No annual fee with a range of moderate APRs for purchases and transfers. The credit lines available are from $500 to $20,000. APRs and credit lines are based on the credit score of the cardholder.
• No Hassle Miles Ultra for Professionals ?A $39 annual fee is charged along with a moderate APR for purchases and transfers. The credit lines available are from $5,000 to $30,000.

The Capital One miles reward program offers cardholders an expanded rewards program as compared to other travel reward cards:

• Earn more miles - Earn one mile for every dollar you spend on your credit card.
• Earn rewards quickly ?Free tickets for as few as 15,000 miles.
• No blackout dates or destinations ?Fly when and where you want. No need to stay over a Saturday night.
• More redemption options ?You can trade your miles or for merchandise, gift certificates or cash.
• Easy redemption ?You can redeem your rewards over the phone or online.
• No limits ?The miles will not expire and there is no limit to the number of miles you can earn.

The Capital One credit card earns miles based on the annual purchases made with the card. On some offers, balance transfer amounts also earn mile rewards.

Rewards are not earned for:

• Purchase checks
• Purchase credits
• Travelers' check purchases
• Cash advances
• Access checks
• Transfers from another Capital One account
• Fees and charges paid

The number of miles you need to purchase a ticket is based on the price of the ticket:

• 15,000 miles needed for tickets priced up to $150
• 35,000 miles needed for tickets priced between $150 and $350
• 60,000 miles needed for tickets priced between $350 and $600

For tickets priced over $600, the number of miles required is equal to 100 times the price of the ticket. For example, a $1,000 ticket would require 100,000 miles to be redeemed.