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Great news Capital One cardholders: you can now transfer miles to six more airline mileage programs at a 1:1 ratio. Unlike what we saw earlier this year, these are not new transfer partners but improved ratios for existing partners. This change is a big improvement in redemption options that make Capital One miles even more valuable going forward.
The Bad News
Earlier this week, we covered the bad news that Capital One cardholders will lose the ability to transfer miles to JetBlue TrueBlue as of October 24, 2021.
Capital One Improves Transfer Ratios
Now the good news: Capital One is improving its miles transfer ratios on six programs. In April 2021, Capital One improved transfer ratios for 7 of its transfer partners. Now, Capital One is improving the transfer ratios on 6 more programs. The newly-improved transfer partners are:
- Air Canada Aeroplan
- Air France / KLM Flying Blue
- British Airways Executive Club
- Emirates Skywards
- Singapore Airlines KrisFlyer
- Turkish Airlines Miles&Smiles
For 4 of these airlines, points previously transferred at a 2:1.5 ratio. The transfer ratio was even worst for Emirates Skywards and Singapore KrisFlyer: 2:1. Now, points transfer to all 6 of these airlines at a 1:1 ratio — stretching your Capital One miles further than before.
What DOESN'T Transfer 1:1 with Capital One Miles Now?
With these improvements, the vast majority of Capital One transfers are at 1:1 ratios. This puts Capital One on par with other points & miles currencies. This leaves two — at least of those partners remaining beyond October 24, 2021 — transfers at sub-par ratios:
- EVA Infinity MileageLands (2:1.5)
- Accor Live Limitless (2:1)
Updated Capital One Airline Transfer Partner Ratios
Capital One miles now transfer to 15 airlines. And, after all of the improvements this year, transfers to 13 of these airlines are at a 1:1 ratio. Just remember that you won't be able to transfer to JetBlue TrueBlue after October 24, 2021.
|Capital One Transfer Partner||Transfer Ratio||...which you can use to book award flights on:|
|Aeromexico Club Premier||1:1||Delta|
|Air Canada Aeroplan||1:1||United|
|Air France/KLM Flying Blue||1:1||Delta|
|British Airways (Executive Club)||1:1||American and Alaska|
|Cathay Pacific Asia Miles||1:1||American and Alaska|
|Finnair Plus||1:1||American and Alaska|
|Qantas Frequent Flyer||1:1||American and Alaska|
|Singapore KrisFlyer||1:1||United and Alaska|
|TAP Air Portugal (Miles&Go)||1:1||United|
|Turkish Airlines (Miles&Smiles)||1:1||United|
|EVA Air Infinity MileageLands||4:3||United|
You still transfer your miles on Capital One's website, as you did before. The only thing that has changed is how many miles you'll get from transfers.
Eligible Capital One Cards
Capital One issues four miles-earning credit cards — which now transfer to 17 travel loyalty program partners. These cards include:
- Capital One Venture Rewards Credit Card
- Capital One VentureOne Rewards Credit Card
- Capital One Spark Miles for Business
- Capital One Spark Miles Select for Business
Both the Capital One Venture and Spark Miles earn 2X miles on every purchase. Spark Miles Select earns 1.5X miles per dollar spent on all purchases, and Capital One VentureOne earns 1.25 Miles per dollar on every purchase, every day and 5 Miles per dollar on hotels and rental cars booked through Capital One Travel.
For most of us, transfers at a 1:1 ratio are a minimum expectation. And now, you can transfer Capital One miles to 6 additional programs at these optimal rates. This leaves only two programs with lesser transfer rates. Maybe we'll get lucky and see those change soon, also.
Are you excited about these? Does it change your opinion of Capital One miles?
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