Transfer Capital One Miles To Air France-KLM Flying Blue With 20% Bonus

Capital One has just launched its newest transfer bonus, and it’s one that I consider to be quite lucrative, and which I definitely plan to take advantage of.

Capital One 20% Air France-KLM transfer bonus

Through Sunday, September 29, 2024, you can receive a 20% bonus when you transfer Capital One miles to Air France-KLM Flying Blue. This offer is available directly on Capital One’s website, so be sure that you see the offer at the time that you initiate the transfer.

There are lots of great cards earning Capital One miles. Capital One miles ordinarily transfer to Air France-KLM Flying Club at a 1:1 ratio, so with this bonus, they’d transfer at a 1:1.2 ratio. You can expect that transfers will generally be instant, but in some cases there could be delays.

Should you transfer Capital One miles to Air France-KLM?

Air France-KLM Flying Blue is a valuable SkyTeam frequent flyer program. The program has attractive award pricing on Air France and KLM, offering many of the best ways to cross the Atlantic.

On top of that, Air France and KLM make more award seats available to members of the Flying Blue program than to members of partner programs. So even when Flying Blue’s pricing isn’t the best, there are situations where it could make sense to book through Flying Blue (though with all of the Delta SkyMiles devaluations we’ve seen, typically you will find the best pricing through Flying Blue).

There’s always value in having a stash of Flying Blue miles if you think you’ll be traveling transatlantic in the coming months. I redeem through Flying Blue every year (usually multiple times per year), and consistently get value. I find it to be one of the most useful frequent flyer programs for redeeming points.

Personally I plan to make a speculative points transfer here, as we haven’t seen a transfer bonus from Capital One to Air France-KLM Flying Blue in a long time, and I know it’s something I’ll get use out of.

How to earn Capital One miles

The Capital One mileage program has become extremely useful in recent years, and is now on par with other major transferable points currencies (I value Capital One miles at 1.7 cents each). There are lots of great cards earning Capital One miles. In particular, the following four cards offer a minimum of 2x Capital One miles per dollar spent:

• The Capital One Venture X Rewards Credit Card (review)
• The Capital One Venture X Business (review)
• The Capital One Venture Rewards Credit Card (review)
• The Capital One Spark Miles for Business (review)

Bottom line

Through September 29, 2024, you can receive a 20% bonus when you transfer Capital One miles to Air France-KLM Flying Blue. Transfer bonuses to Flying Blue are always useful, if you ask me, given how valuable the currency is for transatlantic redemptions. I plan to take advantage of this offer with a speculative transfer, as I know I’ll get around to using thse miles.

Do you plan on transferring Capital One miles to Air France-KLM Flying Blue with a 20% bonus?