Capital One Miles To Be Transferable To 12 Airline Loyalty Programs (2:1.5 Rate)

Capital One has made a massive improvement to the Capital One Venture card (along with VentureOne, Spark Miles and Spark Miles Select)  Starting sometime in December cardholders now have the ability to transfer Capital One miles to 12 travel programs at a rate of 2 venture miles to 1.5 airline miles. This card also earns 2 venture miles per $1 spent, making it effectively a 1.5x earning card for these programs. The 12 transfer partners are as follows:

  • Aeromexico
  • Aeroplan (Air Canada)
  • Alitalia
  • Avianca
  • Cathay Pacific
  • Etihad Airways
  • EVA Air, Finnair
  • Flying Blue (Air France and KLM)
  • Hainan Airlines
  • Qantas
  • Qatar Airways

Capital One has also stated that they plan to add more transfer partners on a regular basis. Capital One is also offering an increased sign up bonus of 75,000 points on the Capital One Venture card to celebrate the announcement of this new program. You can read more about that in our dedicated post here.

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T.L.M. Hax
T.L.M. Hax

DP: I haven’t gotten approved for a Cap1 card in over 2 years. I had two Cap1 Spark Biz cards a year apart prior to this. Applied for Venture and both Sparks as the pulls will almost surely be combined into one. All three denials. Credit score 770+, Around 8/24. Looks I’m still shut out of Cap1.

SEawm
SEawm

Got approved, 824, 6/12(mostly mix between chase and Citi cards)

Dwight
Dwight

If I’m not wrong, these are the same venture cards that earn 10X miles on Hotels.com. That’s like 7.5 miles per dollar when booking hotels, isn’t it?

Tony
Tony

This is big news from Capital One indeed. 75K signup bonus along with 1.5 airline miles per dollar spent on anything makes this card really compelling against Chase’s cards. I wonder what other programs they’ll add – hoping for some domestic ones. In any case, more competition is always better for us.

NinjaX
NinjaX

this is hilarious. is barclays and their stupid ass team watching this from across the pond? they are so massive compared to cap1, yet they gave up like little bitches and the underdog comes out with a solid transfer partner offer. everyone is going to seriously consider cap1 in their CC strategy going fwd. not to mention they took out shitty sync for the WM account and will probably take over sams club too. fucking embarrassing. barclays better revive and refresh their arrival premier.

sdsearch
sdsearch

In case you aren’t aware, Capital One (unlike the other major banks with points transferable to airlines) reports business cards to EQ/EX/TU, so you can’t avoid increasing your (Chase) N/24 count by applying for a Cap One business card.

Andrew
Andrew

Can someone let me know if I’m understanding correctly?
Let’s just use 50,000 miles as an example for the whole thing.
50,000 miles can be redeemed for $500 worth of travel.
However, with new transfer program, 37,500 miles can be transferred somewhere.

So it is still better to redeem for travel as opposed to transfer miles UNLESS it is above 1.33 cents/mile of partner valuation? ($500/37,500 miles). Am I understanding this correctly? Any feedback would be welcome!

tolikfox
tolikfox

how does one improve chances of being targeted for the 100k offer? I’ve never had a Capital One card ever. And never banked with them.

Miles
Miles

This is great news! Now I can use those rewards miles for something useful.

Gareth
Gareth

Hainan Airlines! This is the first program that can transfer points to HNA if I remember correctly.

Daniel
Daniel

This intrigued me as well, I know nothing about their program. Know if any sweet spots?

Vincent
Vincent

I believe they use km instead of mile, so 2 to 1.5km is actually less than 2 to 1 mile

Vincent
Vincent

Also Hainan airlines can redeem award tickets on Hong Kong airline and Capital airline which I believe have flights to NA. The rate is reasonable considering you accumulate km instead of miles. Also this year They have a huge promotion on all award ticket operated by Hong Kong airline. A one way ticket from Shanghai to Hong Kong is 9k km after.promotion.

Gareth
Gareth

A 5-star airliner having many non-stop flights between US and China. For example the only airline offering non-stop service from Boston to Beijing/Shanghai. They also have a non-stop flight connecting China to San Jose – an easier/smaller airport more convenient for a lot of people in the Silicon Valley.

zo
zo

yes, but hainan has been (theoretically) bookable with AS miles for a while now

John
John

Not just theoretically. They are wide open most days. But a small YQ charge though. I booked a biz tix easily.

B
B

The new best way to book an El Al flight is now Cap 1 > Qantas.