Capital One Shopping Portal Removes Walmart & Safeway Redemption Options – Doctor Of Credit

Ouch! Capital One Shopping portal removed the following gift card redemption options: Walmart, Safeway, Bed Bath & Beyond, Petco. They’ve added a few new brands, such as CVS, SiriusXM, and few others.

The portal does not allow directly cashing out rewards; we need to purchase a gift card. Walmart and Safeway were probably the most commonly used cash out options. They do have many more top brand redemption options (direct link), such as Home Depot, Lowe’s, eBay, Kohl’s, Nike, etc.

Personally, I’ve always cashed out via Walmart gift cards. I’m not sure how much I’ll be using the portal going forward given that I don’t really shop at any of those other brands consistently.

If you have a Capital One credit card, it’s a good idea to check if the Capital One Offers within your bank login have the same offer since those rewards get cashed out as a statement credit. They often have similar – or even better – rates to the Capital One Shopping portal. See our post Numerous Flavors Of The Capital One Shopping Portal to better understand the different options.

Hat tip to Frequentmiler