Capital One price match not giving reimbursements anymore?

I recently did a price match on a flight booked through the C1 portal and (after botching the first match and telling me the wrong info) they approved the price match, but gave it to me in the form of a future travel credit rather than an actual reimbursement on my statement. They said C1 switched to this policy in May which is a month after the last time I did this.

Is this true? This seems like an infinitely worse perk and makes me not want to use the portal at all, but I guess it's still usable for work travel.

Anyone have any experience with this? This was with the Venture X by the way.