Long story short, Capital One (at least on mine) no longer offers 1:1 redemption on good gift cards; it's now $125 worth of points for $100. BOO!!! :MAD:
I guess that does however, give me a guilt free way to call them up and cancel the 2nd Venture and Savor card I have before the annual fee kicks in...Just need to redeem those sign on bonus points soon!