Capital One has improved the transfer rate to 1:1 for most transfer partners. The following partners all transfer at a 1:1 rate:
- Aeromexico Club Premier
- Air Canada Aeroplan
- Air France-KLM Flying Blue
- Avianca LifeMiles
- British Airways Executive Club
- Cathay Pacific Asia Miles
- Choice Privileges
- Emirates Skywards
- Etihad Guest
- Finnair Plus
- Qantas Frequent Flyer
- Singapore Airlines KrisFlyer
- TAP Air Portugal Miles&Go
- Turkish Airlines Miles&Smiles
- Wyndham Rewards
There are now only three programs that don’t transfer at a 1:1 rate:
- Accor Live Limitless (ALL), transfers at a 2:1 rate
- EVA Air Infinity MileageLands, transfers at a 2:1.5
- JetBlue, transfers at a 2:1.5 rate (leaving the program on 10/24)
Capital One first launched the ability to transfer points in 2018, and improved the transfer rates in April 2021 for a lot of partners. The nice thing about Capital One is that they offer some cards that earn 2x on all purchases. Capital One has also offered some transfer bonuses in the past as well, it’ll be interesting to see if those continue with these increased rates.