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This Capital One transfer bonus is no longer available. Here's our full list of current transfer bonuses.
Capital One's 20% transfer bonus to Air France/KLM Flying Blue is ending soon. The promotion is valid for transfers through September 29, 2024. While a 20% transfer bonus is modest, it still makes some Flying Blue sweet spots a little sweeter. Here are the details on this transfer bonus and some insight on when transferring Capital One miles to Flying Blue can make sense.
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Key Terms of the Capital One Transfer Bonus to Flying Blue
- The promotion is valid for transfers through September 29, 2024, at 11:59 p.m. U.S. Eastern Time.
- Receive a 20% bonus when you transfer Capital One miles to Air France/KLM Flying Blue.
- With the promotion, receive 1,200 Flying Blue miles for every 1,000 Capital One miles you transfer.
- You must transfer at least 1,000 miles, but transfers of 1,000 miles or more can be made in increments of 100 Capital One miles
- Transfers to Flying Blue typically occur instantaneously.

Related: How to Transfer Capital One Miles to Airline and Hotel Partners: A Step-By-Step Guide
Best Ways To Use Flying Blue Miles
Flying Blue miles are incredibly versatile. You can extract fantastic value from your miles in several ways, including on Air France and KLM, SkyTeam partner airlines, and non-alliance partners.
For a bit of inspiration, we'll list some of our favorite uses of Flying Blue miles. If any catch your eye (or you feel the need to explore additional sweet spots), perhaps this transfer bonus is worth taking advantage of.
- Domestic Delta flights: Book short-haul Delta flights within the United States for as little as 5,000 Flying Blue miles, or 4,200 Capital One miles per way.
- Flying Blue Promo Rewards: Each month, Flying Blue discounts select routes by 25%. This means you can fly one-way from the United States to Europe from just 15,000 Flying Blue miles — or 12,500 Capital One miles during this transfer bonus.
- Air France/KLM business class to Europe: Flying Blue recently standardized its pricing to Europe. As a result, Air France/KLM business class awards from the U.S. to Europe start at 50,000 miles. If you take advantage of this 20% transfer bonus, you can book these awards for just 41,700 Capital One miles.
- Air France flights to Tahiti: It might come as a surprise that Air France operates flights from Los Angeles (LAX) to Papeete, Tahiti (PPT). You can book a one-way economy ticket on this flight for 27,500 Flying Blue miles, or 23,000 Capital One miles.

Flying Blue Miles Expiration Policy
Your Flying Blue miles will expire if you don't have qualifying activity in the past 24 months. Unfortunately, transferring your points to Flying Blue doesn't count as qualifying activity.
Make note that Flying Blue utilizes a unique mileage expiration policy. Importantly, miles that are earned through flying can only be extended through flying activities. You'll need to take a flight with Air France, KLM, or one of Flying Blue's SkyTeam partners if you are looking for a way to extend your mileage expiration. Or, you are able to extend the validity of your miles by spending on a Flying Blue co-branded credit card.
Because of these policies, be extra careful that you don't transfer Capital One miles to Flying Blue if you won't be able to use these miles over the next two years.
Want help keeping track of your Flying Blue expiration? Add your Flying Blue account to AwardWallet. You will be emailed if your Flying Blue expiration date is getting near.
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Capital One Flying Blue Transfer Bonus History
Capital One has offered this same 20% transfer bonus offer a few times before. However, now that Capital One transfers to Flying Blue are at a 1:1 ratio, this deal is even better than in the past.
- This offer: 20% transfer bonus through September 29, 2024
- 20% transfer bonus through July 31, 2023 (1,000:1,200)
- 20% transfer bonus through August 31, 2022 (1,000:1,200)
- 20% transfer bonus through December 1, 2021 (1,000:1,200)
- 20% transfer bonus through September 30, 2021 (1,000:900)
- 20% transfer bonus through November 30, 2019 (1,000:900)
- 20% transfer bonus through June 30, 2019 (1,000:900)
Related: All Current Credit Card Transfer Bonuses
Our Take
Since launching its airline transfer partner program several years ago, Capital One has improved transfer rates and offered several transfer bonuses. The latest transfer bonus to Flying Blue offers you an excellent way to get to Europe (or elsewhere) for a reasonable amount of miles.
Remember that we generally don't recommend moving points speculatively and losing the flexibility of credit card points. However, if the promotion works with your travel plans and goals, this offer can provide excellent value. Just remember to initiate your transfer by September 29, 2024, before this bonus takes flight.
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