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Big League move. Capital One now has 15 transfer partners at 1:1 ratio

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Capital One has again announced that they are making some big league moves to their loyalty program. If you remember, a couple of years ago they introduced transfer partners which sprung Capital One out of the cashback only system and into a different league. While this was a great move, what made it more complicated than competitors was the 4:3 transfer ratio on most of their transfers. If you’ll recall, this improved in April when they gave 9 of those partners a 1:1 transfer ratio. They gone and done it again…now, every single partners, except Accor and EVA are 1:1. This makes Cap1 a top tier competitor in my mind.

Here’s the new list of Capital One transfer partners

Transfer partnerRatio
Aeromexico1:1
Air Canada / Aeroplan1:1
Air France / Flying Blue1:1
Avianca LifeMiles1:1
British Airways Avios1:1
Cathay Pacific Asia Miles1:1
Emirates Skywards1:1
Etihad Guest1:1
EVA Infinity MileageLands1:1
FinnAir Plus1:1
Qantas Frequent Flier1:1
Singapore Airlines Krisflyer2:1
Tap Air Portugal Miles&Go1:1
Turkish Airlines Miles&Smiles1:1
Accor Live limitless2:1
Choice Privileges1:1
Wyndham Rewards1:1

Capital One has readjusted another 5 of their partners to 1:1

In total, by the end of October, Capital One will have 17 transfer partners – 15 are now 1:1

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This is another great improvement.  Emirates SkyWards is one of my favorite programs and it just moved from 2:1 to 1:1. That’s pretty massive

  • Air Canada Aeroplan
  • Air France Flying Blue
  • British Airways Avios
  • Emirates SkyWards
  • Turkish Miles and Smiles

You can redeem 85k Cap1 Miles and transfer them to Emirates to fly First Class from the US to Milan

a man sitting in a chair with a camera

Remember, Capital One added 4 new transfer partners over the course of 2021, but are losing JetBlue and Alitalia later this month

The following programs were added over the past several months

  • British Airways Executive Club,
  • Choice Privileges
  • TAP Air Portugal Miles&Go
  • Turkish Airlines Miles&Smiles

One of my favorite uses of British Airways Avios is to upgrade a class of service. I’ve done this a few times upgrading discount business class to first class

a man sitting in a chair with a stuffed animal
British Airways First Class

You can use Turkish miles to fly for just 45k miles in business class from the US to Europe like on SAS shown below

a seat with a pillow and headphones on it

Don’t forget the Capital One Venture Rewards earns 2 points on every dollar spent

On 9 transfer partners you’ll be earning the equivalent of 2 points for every dollar you spend. Most of the others you’ll continue to earn the equivalent of 1.5 and a few will be just 1.

Capital One Venture Rewards

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I get a lot of requests to do trips with Cap1 miles on TikTok – now those will be far easier to highlight and illustrate how rewarding this program can really be with the new transfer partners and better transfer rates.

VERY WELCOMED NEWS! BRAVO CAP!

Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.

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Chase Sapphire Preferred® Card


4.8
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The Chase Sapphire Preferred® is a great starter card that earns Premium Ultimate Rewards that can be transferred into over a dozen partners many of which are US based including Hyatt, Southwest, United, IHG, and Marriott.

Welcome Offer

Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. 

Annual Fee

$95

Points Earned

Transferrable Chase Ultimate Rewards

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We keep an up to date spreadsheet that lists the best ever offers: You can find that spreadsheet here.

Historically 80k is a very, very good offer and hit in both 2022 and 2023. In 2021, we saw the offer hit an all time high of 100k. Who knows if that will ever come back.

Main Cast: 

Cards that earn flexible points and should be used on the bulk of your purchases.

Supporting Cast:

Cards that earn fixed points in the currency of the airline/hotel and can not be transferred at attractive rates. These cards yield benefits that make it worth keeping, but not necessarily worth putting a lot of your everyday spend on. 

The Chase Sapphire Preferred® is exceptional starter card and offers transferrable Ultimate Rewards, and pairs well with other Chase cards.

If you carry this card alongside Chase’s cashback cards like the Chase Freedom Flex®  and Chase Freedom Unlimited® or the business versions: Ink Business Cash® , Ink Business Unlimited® you can combine the points into Preferred account and transfer into hotel and airline partners

Annual fee is quite low at $95 a year + you get a 10% anniversary bonus on points + $50 hotel credit in Chase travel.

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