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Capital One just launched a new 20% transfer bonus to Air France/KLM Flying Blue for transfers now through October 31, 2026. While a 20% transfer bonus is modest, it still makes some Flying Blue sweet spots a little sweeter. However, this comes just after Flying Blue devalued the perks on its cheapest awards.

Here are the details on this transfer bonus and when transferring Capital One miles to Flying Blue can make sense.

Key Terms of the Capital One Transfer Bonus to Flying Blue

  • The promotion is valid for transfers through October 31, 2026, 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.
Flying Blue 20% transfer bonus from Capital One
Screenshot of Capital One

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 18,750 Flying Blue miles — or 15,700 Capital One miles during this transfer bonus.
Flying Blue economy award search result from Chicago to Paris
Screenshot of Flying Blue
  • Air France/KLM business class to Europe: Air France/KLM business class awards from the U.S. to Europe currently start at 60,000 miles. With this 20% transfer bonus, you can book these awards for just 50,000 Capital One miles.
Flying Blue award options from Las Vegas to Amsterdam
Screenshot of Flying Blue
  • Air France flights to Tahiti: Air France operates flights from Los Angeles (LAX) to Papeete, Tahiti (PPT).  You can book a one-way economy ticket on this flight for 30,000 Flying Blue miles, or 25,000 Capital One miles. Or if you're really flexible, business class is available from 90,000 Flying Blue miles — requiring just 75k Capital One miles — each way:
Flying Blue award from LAX to PPT
Screenshot of Flying Blue

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.

Don't have an AwardWallet account yet? Sign up for free and track unlimited rewards programs and travel plans.

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 October 31, 2026 (1,000:1,200)
  • 20% transfer bonus through September 29, 2024 (1,000:1,200)
  • 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

Want to stock up on Capital One miles for the next transfer bonus? Here are the best current Capital One card offers:

Capital One Venture Rewards Credit Card
Capital One Venture Rewards Credit Card
Limited-Time Offer Earn more than $1,000 in Travel Bonuses with a limited-time $300 Capital One Travel stays credit, plus earn 75,000 bonus miles once you spend $4,000 on purchases within the first 3 months of account opening—that's more than $1,000 in travel value.
Annual Fee

$95

Credit Score

Excellent, Good

  • 5X miles per dollar on purchases through Capital One Entertainment
  • 5X miles per dollar on hotels, vacation rentals and rental cars booked through Capital One Travel
  • 2X miles per dollar on all other purchases
Capital One Venture X Rewards Credit Card
Capital One Venture X Rewards Credit Card
Welcome Bonus Earn 75,000 Miles when you spend $4,000 on purchases in the first 3 months from account opening
Annual Fee

$395

Credit Score

Excellent

  • 10X miles per $1 on hotels and rental cars booked via Capital One Travel
  • 5X miles per $1 on purchases through Capital One Entertainment
  • 5X miles per $1 on flights when booking via Capital One Travel
  • 5X miles per $1 on vacation rentals booked via Capital One Travel
  • 2X miles per $1 on all other eligible purchases
Capital One Venture Business
Capital One Venture Business
Earn 100,000 Miles once you spend $10,000 on purchases within the first 3 months from account opening
Annual Fee

$95

Credit Score

Excellent

  • 5X miles per $1 on hotels, vacation rentals and rental cars booked via Capital One Business Travel
  • 2X miles per $1 on other eligible purchases

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, Tahiti, or just take a domestic Delta flight 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 October 31, 2026, before this bonus takes flight.

Tip of The Day
Did you know you can filter the accounts in your AwardWallet account dashboard? Use the Accounts Filter search field at the top right of the dashboard to view only a particular program or a subset of your loyalty accounts tracked by AwardWallet.
Screenshot of AwardWallet dashboard showing how to filter results by a search term

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