25% Bonus on Capital One Transfers to Avianca LifeMiles

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Capital One is at it again with a recently-announced 25% bonus on points transferred to Avianca LifeMiles through 11:59 p.m. ET on July 31, 2019. Ever since Capital One revamped its loyalty program by adding airline transfer partners, the program has become much more competitive.

This bonus is only available if you have one of the following Capital One cards:

Capital One® Venture® Rewards Credit Card
Capital One® Venture® Rewards Credit Card
Annual Fee$0 intro for first year; $95 after that
Welcome Offer 50,000 miles after spending $3,000 on purchases within 3 months from account opening
Following the revamp of Capital One's rewards program and the addition of airline transfer partners, the Capital One Venture has catapulted into our list of top travel rewards cards. The ability to earn 2X miles on every purchase, and up to 10X points on hotels provides a decent return on spending, plus the card offers some great perks.
  • 50,000 Miles after spending $3,000 on purchases within 3 months from account opening; worth $500 in travel if redeemed for a fixed-value, or potentially much more when transferred to airline partners
  • 2 Miles on every purchase, plus earn 10 Miles on hotels at hotels.com/venture, through January 2020
  • Fee credit for Global Entry or TSA Pre✔® (up to $100)
  • No foreign transaction fees
  • $0 intro for first year; $95 after that
  • 2 Miles per dollar on every purchase, every day.
  • 10 Miles per dollar on hotels at hotels.com/venture, through January 2020
Capital One® VentureOne® Rewards Credit Card
Capital One® VentureOne® Rewards Credit Card
Annual Fee$0
Welcome Offer 20,000 Miles once you spend $1,000 on purchases within 3 months from account opening
The only no-annual-fee personal card to earn transferable Capital One miles, the Capital One VentureOne earns a solid 1.25X points on everything, plus 10X points on hotels courtesy of hotels.com/venture.
  • 20,000 Miles once you spend $1,000 on purchases within 3 months from account opening; worth $200 in travel if redeemed for a fixed-value, or potentially much more when transferred to airline partners
  • 1.25 Miles on every purchase, plus earn 10 Miles on hotels at hotels.com/venture, through January 2020
  • 0% intro on purchases for 12 months; 13.74% - 23.74% variable APR after that
  • No foreign transaction fees
  • $0 annual fee
  • 1.25 Miles per dollar on every purchase, every day.
  • 10 Miles on hotels at hotels.com/venture, through January 2020
Capital One® Spark® Miles for Business
Capital One® Spark® Miles for Business
Annual Fee$0 intro for first year; $95 after that
Welcome Offer 50,000 Miles once you spend $4,500 on purchases within 3 months from account opening
The Capital One® Spark® Miles for Business is one of just a handful of business rewards cards returning a minimum 2% back on business expenses. No bonus categories to worry about, you receive an uncapped 2 Miles per dollar spent on every purchase, and your rewards never expire as long as your account is open and in good standing.
  • 50,000 Miles once you spend $4,500 on purchases within 3 months from account opening; worth $500 in travel if redeemed for a fixed-value, or potentially much more when transferred to airline partners
  • 2 Miles per $1 on every purchase, everywhere
  • Fee credit for Global Entry or TSA Pre✔® (up to $100)
  • No foreign transaction fees
  • $0 intro for first year; $95 after that
  • 2 Miles per $1 on every purchase, everywhere.
Capital One® Spark® Miles Select for Business
Capital One® Spark® Miles Select for Business
Annual Fee$0
Welcome Offer 20,000 Miles once you spend $3,000 on purchases within 3 months from account opening
A no nonsense business rewards card earning 1.5 Miles per dollar on all business expenses with no annual fee.
  • 20,000 Miles once you spend $3,000 on purchases within 3 months from account opening; worth $200 in travel if redeemed for a fixed-value, or potentially much more when transferred to airline partners
  • 1.5 Miles per $1 on every purchase
  • Intro APR of 0% on purchases for 9 months; 14.74% - 22.74% variable APR after that
  • No foreign transaction fees
  • $0 annual fee
  • 1.5 Miles per $1 on every purchase.

Capital One Partners

Capital One points are transferrable to these 15 airline partners:

Transfer PartnerTransfer Ratio
Aeromexico Club Premier2:1.5 or 1000:750
Air Canada Aeroplan2:1.5 or 1000:750
Air France/KLM Flying Blue
2:1.5 or 1000:750
Alitalia MilleMiglia2:1.5 or 1000:750
Avianca LifeMiles2:1.5 or 1000:750
Cathay Pacific Asia Miles2:1.5 or 1000:750
Emirates Skywards2:1 or 1000:500
Etihad Guest2:1.5 or 1000:750
EVA Air Infinity MileageLands2:1.5 or 1000:750
Finnair Plus2:1.5 or 1000:750
Hainan Airlines Fortune Wings Club2:1.5 or 1000:750
JetBlue TrueBlue2:1 or 1000:500
Qantas Frequent Flyer2:1.5 or 1000:750
Qatar Airways Privilege Club2:1.5 or 1000:750
Singapore KrisFlyer2:1 or 1000:500

As seen in the chart above, most transfers are at a 2:1.5 ratio. Incorporating the 25% bonus, 1,000 Capital One points convert into 938 LifeMiles, resulting in an almost  1:1 ratio. Although the transfer rate may appear lower than the typical 1:1 ratios seen with Chase, Citi, or Amex, the Capital One® Venture® Rewards Credit Card and Capital One® Spark® Miles for Business both earn a base 2x points per dollar, effectively earning up to 1.5x airline miles on every dollar spent. That’s a top return on non-bonus spending – better than you’ll receive on most co-brand airline cards.

Avianca LifeMiles

Avianca is part of Star Alliance; the largest global alliance with 28 airline partners. Avianca does not impose fuel surcharges, which is a significant savings, especially when redeeming with carriers that are notorious for adding on surcharges (i.e. Lufthansa). Furthermore, Avianca's award chart allows for various sweet spot opportunities, including:

  • Transcontinental business class awards within the U.S. for 25,000 miles
  • U.S. to Europe in business class for 63,000 miles
  • U.S. to Europe in first class for 87,000 miles
  • U.S. to Southeast Asia in business class for 78,000 miles
  • U.S. to North Asia in first class for 90,000 miles

Using LifeMiles on a ticket to Europe, would, for example, allow you to fly with Luftansa but avoid paying the hefty surcharges that the carrier imposes on its awards. Although it only costs 60,000 United miles to fly to Europe in business class on a United-operated flight, awards with other Star Alliance carriers start at 70,000 miles. Thus, paying 63,000 LifeMiles for a U.S.-to-Europe award (especially with no fuel surcharges) is a no-brainer. A 25,000 transcontinental business class award is a good bet as well, especially since United made its award chart dynamic.

In addition to flying and crediting your ticket to Avianca, there are plenty of ways to earn LifeMiles. Amex, Citi, and Marriott are also transfer partners. However, if you still cannot gather enough LifeMiles for a ticket, Avianca permits purchases of up to 60% of the miles needed for an award. When you purchase LifeMiles, it counts as an airfare purchase, resulting in additional points earned when using a credit card with a travel category bonus.

Our Take

Capital One continues to strengthen its rewards program by offering lucrative transfer bonuses to airlines. The 25% bonus on points transferred to LifeMiles provides an opportunity to book discounted award tickets with no extra fuel surcharges. If you have an award redemption with a Star Alliance carrier in mind, this transfer bonus is a good one to jump on.

25% Bonus on Capital One Transfers to Avianca LifeMiles
5 (100%) 5 votes
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