In December 2018, Capital One made exciting improvements 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.
Anyway, a couple of days ago I actually transferred Capital One miles from my own account for the first time, so in this post wanted to share my experience doing so.
Which Capital One cards earn miles?
As of now there are several 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.
To which airlines can you transfer Capital One miles?
As of now, Capital One has 14 airline mileage transfer partners, which are as follows:
|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|
While there are lots of great ways to redeem Capital One miles, I’d say my favorite transfer partners are Air Canada Aeroplan, Air France-KLM Flying Blue, Avianca LifeMiles, and Etihad Guest.
How do you transfer Capital One miles to airlines?
I just transferred some miles for the first time, and wanted to outline what the process was like. I needed some Air France-KLM Flying Blue miles, so that’s where I transferred the points. The process was really easy.
First I logged into my Capital One account, which brought me to a dashboard showing my recent transactions, account balance, and my reward miles balance. To transfer miles, click on the “Rewards Miles” prompt.
You’ll then be brought to a page with a banner about transferring your miles.
If you scroll down you’ll see various ways you can redeem your miles, and among those is the “Transfer Your Rewards” option, which is what you’ll want to click.
That will then display all the Capital One loyalty partner programs.
There will then be a pop-up asking you to enter the membership number for the account you want to transfer to. Note that you can only transfer miles to a frequent flyer account in the name of the primary cardmember, so that person’s name will appear there, and can’t be changed.
Then you’ll be asked how many Capital One miles you want to transfer. Note that the number you’re entering is the number of Capital One miles you want to transfer, and not the number of airline miles you want to receive (since the ratio isn’t 1:1).
I needed 72,000 Flying Blue miles, so I transferred 97,000 Capital One miles. The next page confirmed that the transfer was successful.
I immediately logged into my Flying Blue account, and saw that the miles had already been deposited there. Awesome!
Note that transfers to most, but not all, partners are instant.
Meanwhile I also received an email from Capital One confirming that the transfer was instant.
Can you combine Spark & Venture miles?
Yes! You can combine the points you earn on any card. 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.
Can you transfer Spark & Venture miles to others?
If you have any of the four cards earning Capital One “miles,” 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.
I’m thrilled to see that Capital One has introduced the fourth transferrable points currency, and as an added bonus, the process of transferring Capital One miles to Air France-KLM Flying Blue was really easy.
If you’ve transferred Capital One miles to an airline partner, what was your experience like?