Poll: Splurging trumps saving if given $1,000 in miles or cash back

By  and 

 At least 83 percent of Americans said they would splurge in some fashion if they received $1,000 in travel miles or credit card cash rewards, a poll from Capital One found.

Only 11 percent said they would save the money or pay off debt with it.

Two-fifths of Americans said they would take a trip with their family, closely followed by 32 percent who said they would go on a shopping spree. Near the bottom of the options was saving, at 5 percent.

The Capital One Holiday Survey was conducted by Wakefield Research from Nov. 7-14, 2014. Some 1,000 American adults were polled online, with quotas used to create a sample representative of the U.S. population. They were asked, "If you were given $1,000 in travel miles or credit card cash rewards, which of the following best describes how you would use it?" The margin of error was plus or minus 3.1 percent.

See related: Some cards generous for travel, give less in cash back rewards, More infographics

To use the graphic on your site, use the following code:

 <center><a href=""><img alt="Poll: Most Americans would splurge on card rewards" border="0" src="" /></a> </center>

Published: December 2, 2014

Join the discussion
We encourage an active and insightful conversation among our users. Please help us keep our community civil and respectful. For your safety, do not disclose confidential or personal information such as bank account numbers or social security numbers. Anything you post may be disclosed, published, transmitted or reused.

If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.

The editorial content on is not sponsored by any bank or credit card issuer. The journalists in the editorial department are separate from the company's business operations. The comments posted below are not provided, reviewed or approved by any company mentioned in our editorial content. Additionally, any companies mentioned in the content do not assume responsibility to ensure that all posts and/or questions are answered.

Follow Us

Updated: 10-22-2016

Weekly newsletter
Get the latest news, advice, articles and tips delivered to your inbox. It's FREE.