Capital One is no longer finding their way in the travel rewards game. They’re a bonafide player working their way towards an MVP bid.
In fact, it’s getting pretty hard to ignore some of the changes they’re making, including features not currently offered by any other cards, including the new Hopper flight price predictor that gives you money back if prices go down.
And now, they’re cleaning up rewards too, with 15 more 1:1 airline points transfer partners, improving the ways rewards can be spent.
Yep, from the days of a somewhat confusing airline transfer program with lots of different rates for transferring points, almost all of Capital One’s transfer partners are now 1:1, meaning 1 Venture Mile can become 1 airline mile of your choosing.
Capital One Adds 1:1 Transfer Partners
Transferring points from a credit card rewards program like Chase Ultimate Rewards, Amex Membership Rewards, Citi Thank You or Capital One Venture Miles to airlines can help bring additional value to your points, which might not be possible when you redeem the points directly via the credit card rewards program.
Airlines have ‘sweet spots’ in their loyalty programs, which can stretch the value of points further. But when one credit card reward point is worth less than 1 airline mile, it gets harder to figure it all out.
Capital One has continued alleviating that issue, building on the success of recent moves to bring better conversion rates for cardholders, with more airline and hotel partners too.
As of October 7th, 15 Capital One transfer partners are now 1:1, meaning you’ll get 1 mile for every 1 Capital One Venture Mile. Transfer 100,000 and you’ll get 100,000. You get the gist. Here’s the list of Capital One’s exciting new 1:1 tier transfer partners, including….
- Aeromexico Club Premier
- Air Canada Aeroplan
- Air France-KLM Flying Blue
- Avianca LifeMiles
- British Airways Executive Club
- Cathay Pacific Asia Miles
- Choice Privileges
- Emirates Skywards
- Etihad Guest
- Finnair Plus
- Qantas Frequent Flyer
- Singapore Airlines KrisFlyer
- TAP Air Portugal Miles & Go
- Turkish Airlines Miles & Smiles
- Wyndham Rewards
Oh, and hot tip! Venture Miles typically credit to your account within 3-5 days of the transaction, when it hits your account. In other words, you don’t have to wait until your statement hits each month to spend your miles.
Venture: The Best $95 Annual Fee Card?
Chase Sapphire Preferred just announced some exciting changes, with increased earning on a variety of categories and strong ways to redeem points directly via Chase, but Capital One is taking a different angle.
With the new 1:1 transfer partners, the two programs are very level in terms of transfer potential, but Capital One Venture’s new travel booking perks mean for $95 a year, there might be a lot more to play for (or earn back) with the Venture Card than Sapphire Preferred.
Capital One’s new travel platform allows cardholders to freeze the price of flights for up to 14 days, and if the Hopper flight predictor says it’s a good time to book, but the price later drops, Capital One refunds the difference. Other features including hassle free cancellation, even of non-refundable tickets is also on the way.
What’s in your wallet? Well, Capital One is making a pretty compelling case these days for adding a Venture Card to the arsenal!
** Laughs maniacally in grandfathered $59 annual Venture fee **
Do the price freeze and price guarantee perks apply to tickets purchased using points and/or cash?
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