If you’re collecting miles & points through credit card spend, I always recommend doing what you can to accrue transferable points currencies.
That’s because these points are much more flexible than when you’re earning an individual airline or hotel points currency. You have the flexibility to transfer these points to all kinds of travel partners, and you’re safeguarded from a devaluation in a specific points currency.
With that in mind, in this post I wanted to address all the basics of transferring Capital One miles. Capital One introduced a transferable mileage currency in late 2018, so this is still fairly new. In this post, I wanted to talk about how many partners Capital One has, how long it takes for points to transfer, who you can transfer points to, etc.
How many airline partners does Capital One have?
As of now, Capital One has 14 airline transfer partners.
|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|
|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|
How long does it take to transfer Capital One miles?
Below is a chart with how long it typically takes to transfer Capital One miles:
|Capital One Transfer Partner||Transfer Ratio||Transfer Time|
|Aeromexico Club Premier||1000 : 750||Instant|
|Air Canada Aeroplan||1000 : 750||Instant|
|Air France KLM Flying Blue||1000 : 750||Instant|
|Alitalia MilleMiglia||1000 : 750||Instant|
|Avianca LifeMiles||1000 : 750||Instant|
|Cathay Pacific Asia Miles||1000 : 750||~ 3 to 5 days|
|Emirates Skywards||1000 : 500||Instant|
|Etihad Guest||1000 : 750||~ 12 to 24 hours|
|EVA Air Infinity MileageLands||1000 : 750||~ 24 to 48 hours|
|Finnair Plus||1000 : 750||Instant|
|Hainan Airlines Fortune Wings Club||1000 : 750||~ 24 to 48 hours|
|Qantas Frequent Flyer||1000 : 750||~ 24 to 48 hours|
|Qatar Airways Privilege Club||1000 : 750||~ 24 to 48 hours|
|Singapore Airlines KrisFlyer||1000 : 500||~ 24 to 48 hours|
As you can see, transfers to about half of Capital One’s partners are instant, while transfers to the other half typically take just one or two days.
Are there fees associated with transferring Capital One miles?
Nope, there are no fees associated with transferring Capital One miles.
Can you transfer Capital One miles to someone else’s Capital One account?
If you have any of the four cards earning Capital One miles, including the Capital One® Spark® Miles for Business or Capital One® Venture® Rewards Credit Card, 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.
Can you transfer Capital One miles to someone else’s airline account?
No. While you can transfer your Capital One miles to someone else’s Capital One account and then they can transfer it to their preferred loyalty program, you can’t transfer your Capital One miles directly to someone else’s loyalty program account.
The name of the Capital One account and loyalty program account have to match.
What cards earn Capital One miles?
As of now there are four Capital One credit cards that earn miles:
- The Capital One® Spark® Miles for Business earns unlimited 2x Spark miles per dollar spent; the card has a $95 annual fee that’s waived for the first year
- The Capital One® Spark® Miles Select for Business earns unlimited 1.5x Spark miles per dollar spent; the card has no annual fee
- The Capital One® Venture® Rewards Credit Card earns unlimited 2x Venture miles per dollar spent; the card has a $95 annual fee that’s waived for the first year
- The Capital One® VentureOne® Rewards Credit Card earns unlimited 1.25x Venture miles per dollar spent; the card has no annual fee
Note that you can earn a welcome bonus on each of the above cards, and pool all those points towards one Capital One account. Having multiple Capital One cards is a great way to maximize your points earning potential.
Should you transfer Capital One miles to travel partners?
Generally speaking your Venture and Spark miles can either be redeemed for one cent each towards the cost of a travel purchase, or can be transferred to one of the airline partners at a ratio of up to 2:1.5.
Which redemption option makes more sense depends on your spend patterns. If you value one of the partner miles at more than 1.33 cents each (2/1.5), then generally I’d say that’s the better redemption value.
To simplify things even further, I’d generally say that:
- If you want to redeem your Venture/Spark miles for anything other than flights, your best option is redeeming them at one cent each towards a travel purchase
- If you want to redeem your Venture/Spark miles towards airfare, you’ll get more value for international first and business class tickets when transferring miles to an airline partner
- If you want to redeem your Venture/Spark miles towards economy airfare (especially if it’s reasonably priced), your best option is redeeming them at one cent each to erase the cost of that purchase
Those are very general guidelines, and the best solution very much depends on the specific circumstances.
It’s great to see Capital One having recently introduced a transferrable points currency, which opens up a great new opportunity for redeeming their points.
The good thing about Capital One miles is that redeeming them as cash towards travel and transferring them to airline partners can both be a great deal, so you get a lot of flexibility with these points.
If you have any data points on how long Capital One mileage transfers have taken you, please share them below, so that I can keep the chart as accurate as possible!