Capital One Launches 20% Transfer Bonus to Air France KLM,

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Capital One® Venture® Rewards Credit Card cardholders gained the ability to transfer to airline frequent flyer miles late last year.

Now they’re launching their 6th transfer bonus of the year: a 20% bonus on transfers to Air France KL Flying Blue through November 30th at 11:59 PM Eastern. That boosts their normal transfer rate of 2:1.5 up to 2:1.8 for the duration of the promo.

Copyright: radututa / 123RF Stock Photo

Capital One’s Regular Transfer Bonuses

Capital One miles transfers are less than a year old. They started running transfer bonuses in March. And already they’ve made it a regular feature of the program, running:

You Can Pool Your Points in Air France KL Flying Blue From Several Programs

American Express, Citibank, Chase and Capital One all have Air France KLM as a transfer partner.

That means it’s easy to build up a balance in Air France KLM Flying Blue if that’s useful to you. It’s a place you can pool points from several different cards.

Ways to Leverage Capital One’s Transfer Bonus to Air France KLM

Air France KLM is a useful program for pooling miles towards an award because they offer better availability to their own Flying Blue members than they do members of partner frequent flyer programs,

Award availability US – Europe in my opinion is often very good in business class, and mileage prices are reasonable – even before their monthly promo award discounts.

And Capital One is in a better position to capitalize on transfer bonuses for new cardmembers and to encourage increased card spend than most issuers because points become available when transactions post to your card account (“between 1-3 business days after pending transactions charge to your statement”) you do not have to wait until statement close (or worse still, paying off a statement or the following statement close).

Other Transfer Options for Capital One Miles

Here’s Capital One’s list of airline transfer partners and standard transfer rates:

Airline Frequent Flyer Program Transfer Ratio
Aeromexico Club Premier 2-to-1.5
Air Canada Aeroplan 2-to-1.5
Air France KLM Flying Blue 2-to-1.5
Alitalia MilleMiglia Program 2-to-1.5
Cathay Pacific Asia Miles 2-to-1.5
Avianca LifeMiles 2-to-1.5
Emirates Skywards 2-to-1.0
Etihad Airways Etihad Guest 2-to-1.5
EVA Air Infinity MileageLands 2-to-1.5
Finnair Plus 2-to-1.5
Hainan Airlines Fortune Wings Club 2-to-1.5
JetBlue TrueBlue 2-to-1.0
Qantas Frequent Flyer 2-to-1.5
Qatar Airways Privilege Club 2-to-1.5
Singapore Airlines Krisflyer 2-to-1.0

Transfer Bonuses Have Become an Integral Part of the Venture and Spark Miles Programs

Already on their sixth transfer bonus of the year, having just launched transferable points, and Capital One has shared in the past that “limited-time offers like this will be another major perk for Venture and Spark Miles account holders to take advantage of.” So I look forward to seeing what’s next!

Capital One® Venture® Rewards Credit Card

About Gary Leff

Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel - a topic he has covered since 2002. Co-founder of frequent flyer community, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »

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Editorial note: any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any card issuer. Comments made in response to this post are not provided or commissioned nor have they been reviewed, approved, or otherwise endorsed by any bank. It is not the responsibility of advertisers Citibank, Chase, American Express, Barclays, Capital One or any other advertiser to ensure that questions are answered, either. Terms and limitations apply to all offers.


  1. Article needs proofreading before republish:
    “a 205 bonus”
    “American Express, Citibank, Chase and Capital One all have Qantas Frequent Flyer as a transfer partner.
    That means it’s easy to build up a balance in Air France KLM Flying Blue”

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