No More Tiers! Capital One Aspire Gets A Game-Changing Facelift

For years Capital One led the conversation when it comes to the top travel rewards credit cards in Canada. Today, Capital One further cemented its status as the best value rewards card for everyday travellers by announcing a game-changing facelift for the way cardholders redeem points on its flagship Capital One Aspire Travel World Elite MasterCard.

No more tiers!

Gone is the tiered redemption program that drove customers like me to have to split up bills in $150, $350, and $600+ increments in order to get maximum redemption value. In its place is a structure designed to make it easy to redeem your points, no matter how big or small your transaction.

100 reward miles = $1 in travel so you’ll always receive full value for your reward miles for travel.

  • No more minimum redemption requirements. You can literally redeem for cents.
  • Introducing partial redemptions! Redeem on a portion of a transaction – for example, redeem half of an overseas flight.

Redeeming your miles remains just as easy – just deduct the cost of travel purchases you’ve already made on your card by redeeming your reward miles for an account credit.

These changes have been implemented immediately. In fact, I had purchased airfare for $825 last month and because my rewards balance was only at 77,000 miles I would have had to wait another few months to erase that purchase with points under the old tiered rewards system.


But this morning I was able to log onto my Capital One Rewards and redeem all 77,000 miles as a partial payment towards that airfare.

That doesn’t just apply to big ticket items. No more tiers means there’s no dilution of point value when redeeming for smaller transactions. A $180 purchase will no longer cost 35,000 miles – it’ll cost 18,000 miles.

There are a lot of rewards programs on the market that seem designed to be complex. These changes from Capital One simplify the rewards experience so that customers can always get the most value from their points.

What’s next for Capital One Aspire?

The rewards community was understandably upset when Capital One changed its popular Aspire Travel World MasterCard to the Capital One Aspire Travel World Elite MasterCard. That’s because, most notably, it reduced its best-in-class 35,000 mile welcome bonus to 10,000 miles while at the same time eliminating the 10,000 mile anniversary bonus.

But all of that is about to change. Coming soon is a new 40,000 mile early spend bonus, worth up to $400 in travel rewards, with $1,000 spending in the first three months.


A new $150 annual fee will be implemented, which is an increase of $30/year but in-line with other World Elite products.

The good news is that the earn rate of 2 points per $1 spent will remain intact, which, when combined with the new no-more-tiers redemption structure, puts the Capital One Aspire Travel World Elite MasterCard back into the conversation as the best travel rewards credit card on the market, and arguably the best value for everyday travellers when it comes to getting maximum redemption value on their points.

Watch for these changes to take effect in the coming weeks as the company updates its Capital One Aspire Travel World Elite MasterCard offering. We’ll post the details once the new card is available to the public.

Update: Apply for the revamped Capital One Aspire Travel World MasterCard here and get 40,000 bonus reward miles!


  1. Dave Guthmann on October 9, 2015 at 5:32 am

    Had this card for almost 5 years now. These changes make it even better. Basically a 2% cash-back card.

  2. richard racette on October 9, 2015 at 10:54 am


    Is the new fee of 150$ for every people? I called there and they don t have anything about that.


  3. LSO on October 9, 2015 at 11:36 am

    Hi Richard
    This is Laurel from Capital One.

    The new Capital One Aspire World Elite MasterCard will be available in the coming weeks, so please stay tuned.

  4. Francis on October 11, 2015 at 1:08 am

    Will they finally increase the credit limit on it? I have this card for almost 5 years and they stubordly keep my limit at 5000$. I have and excelent credit score, a 6 figures salary, spend almost every purchase on it and never miss a payment. I call countless time to raise the limit 3 years ago, every employee and manager told me you have to wait for an offer in the mail and they tell me to continue what your are doing bla bla … I have to pay my card 2 to 3 time a month because this stupid limit have been charge a couple of time fees because I overspend my limit. What the hell is wrong with capital one? RBC approve me for a 25 000$ limit just like that without asking for it. Unfortunatly for me no card come even close to beat this card, meanly because of the anniversary bonus of 100$ that make this card 20$ a year, if they cancel my anniversary bonus or raise the fee too much that card will go out of my wallet for sure, there will be better option.

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