Thursday, November 7, 2013

No More Miles for ShareBuilder Account

I received an email from Capital One ShareBuilder informing me that I can't earn miles on my account anymore.



As I wrote here, you could earn miles by opening an account and keeping certain balances in the account. However, after December 9th, you will not earn miles on any activity on any airline.

Here is the email:




Here is what the email say:

      "We are making two changes related to your Capital One ShareBuilder account because
       we've decided to discontinue all of our airline partnerships, not just US Airways.

       First, starting today, you must access your account through sharebuilder.com You can 
       no longer reach your account through ShareBuilder's exclusive site for US Airways 
       Dividend Miles Member

       Second, starting December 9th, 2013, you will no longer receive miles for your 
       activities with ShareBuilder.

       What's NOT changing?

        Your ShareBuilder account number, username, password and any investments plan 
        you're using now. Also, you keep all miles you've earned in the past, and any you 
        earn before December 9, 2013

        Questions?

        Ask away, chat with us online, or call 800-747-2538. We're available Monday- Friday, 
        8 AM- 9PM ET. 

        Thank you for investing with Sharebuilder. We're constantly working to give you more 
        straight forward, affordable investment services.

        Happy Investing!

Sad to see another miles earning option ending, but it was coming. After Capital One acquired ING/SharBuilder, it was only a matter of time before they axed this benefit. Capital One doesn't seem to want to get into the miles/points game. 

Has anyone else got this email for another airline other than US Airways?
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