Last week Capital One made an exciting improvement to a couple of their cards, as Capital One “miles” can now be transferred to select airline loyalty programs.
This means Capital One has the fourth major transferrable points currency, after Amex Membership Rewards, Chase Ultimate Rewards, and Citi ThankYou.
Every major program has a different policy when it comes to combining points, either across different cards, or being able to transfer them to a friend or family member. So in this post I wanted to look more closely at Capital One’s policy.
Which Capital One cards earn miles?
As of now, here are the Capital One credit cards that earn miles:
Even though the miles are marketed as “Spark” miles on the business cards and “Venture” miles on the personal ones, for all practical purposes they’re the same, which is to say that they can be redeemed for the same amount, and can be transferred to the same airline loyalty programs at the same ratios. In both cases I think the “premium” cards that earn 2x miles offer a better value proposition over the no-annual fee versions.
Can you combine Spark & Venture miles?
Yes! That’s to say that you can transfer your Spark miles to your Venture account, or vice versa.
You can do this directly on Capital One’s website under the “Rewards” section. There you’ll want to select the “Share Your Rewards” button.
Then you’ll want to select the “one of my accounts” choice, so you can combine your miles.
This is pretty standard among the transferrable points currencies, so that’s not surprising.
Can you transfer Spark & Venture miles to others?
This is perhaps the most awesome and surprising part of this. You can transfer your miles to anyone else’s Spark or Venture account.
It doesn’t need to be a family member, there are no limits on how many miles you can transfer to others, and the miles don’t expire any sooner.
In order to take advantage of this you need to phone up Capital One, as this isn’t a feature that’s available online just yet.
This is actually a remarkable feature, since no other transferrable points currency offers even nearly this much flexibility when it comes to transferring miles to others.
Why is this so useful?
- This can be useful if you want to transfer your miles to someone else’s frequent flyer account, since you could transfer your Capital One miles to their Capital one account, and then they could transfer to a frequent flyer account in their own name
- This can be useful if you don’t quite have enough miles in your account for a reward, but by transferring to someone else’s account you’ll have enough miles
- This can be useful if you’re thinking of closing down your Capital One card, so you can transfer the miles to someone else before doing so
Can you transfer your Capital One miles to someone else’s frequent flyer account?
As a reminder, Capital One Spark and Venture miles can be transferred to the following airline loyalty programs at the following ratios:
|Transfer Partner||Transfer Ratio|
|Aeromexico (Club Premier)||2 : 1.5 | 1000 : 750|
|Air Canada (Aeroplan)||2 : 1.5 | 1000 : 750|
|Air France KLM (Flying Blue)||2 : 1.5 | 1000 : 750|
|Alitalia (MilleMiglia Program)||2 : 1.5 | 1000 : 750|
|Avianca (LifeMiles)||2 : 1.5 | 1000 : 750|
|Cathay Pacific (Asia Miles)||2 : 1.5 | 1000 : 750|
|Emirates (Emirates Skywards)||2 : 1 | 1000 : 500|
|Etihad Airways (Etihad Guest)||2 : 1.5 | 1000 : 750|
|EVA Air (Infinity MileageLands)||2 : 1.5 | 1000 : 750|
|Finnair (Finnair Plus)||2 : 1.5 | 1000 : 750|
|Hainan Airlines (Fortune Wings Club)||2 : 1.5 | 1000 : 750|
|JetBlue (JetBlue TrueBlue)||2 : 1 | 1000 : 500|
|Qantas (Qantas Frequent Flyer)||2 : 1.5 | 1000 : 750|
|Qatar Airways (Privilege Club)||2 : 1.5 | 1000 : 750|
|Singapore Airlines (KrisFlyer)||2 : 1 | 1000 : 500|
So, given that you can transfer Capital One miles to other Capital One cardmembers, can you just transfer them directly to someone else’s frequent flyer account?
Unfortunately the answer to that is no. You can only transfer Capital One miles to a frequent flyer account in the name of the cardmember.
If you wanted to transfer your Capital One miles to someone else’s frequent flyer account, your only choice would be to first transfer miles to their Capital One account, and then they could transfer them to their frequent flyer account.
There’s a lot to love about the changes to the Capital One’s portfolio of cards. These are cards that many of us that are into miles & points weren’t previously interested in, but now that they have transfer partners we’re taking a second look, and there’s a lot to learn. For example, I recently picked up the Spark Miles Card.
It’s impressive that Capital One has the most generous transferability policies of any of the major transferable points currencies, as you can freely transfer your points to other cardmembers.