Capital One has just introduced a couple of new transfer bonuses for the month of August, which may be useful to cardmembers.
You can get a 20% bonus when you transfer Capital One miles to Air France-Klm Flying Blue.
With this offer, Capital One miles will transfer at a 1:1.2 ratio. You should see the bonus at the time that you make the transfer because it is hardcoded into the transfer ratio. You can use this offer many times.
Flying Blue is a good redemption program for Air France and KLM. Flying Blue has access to more Air France and KLM award space than other frequent flyer programs, and saver level award costs are quite reasonable.
You can get a 20% bonus when you transfer Capital One miles to British Airways.
Capital One miles normally transfer to Executive Club at a 1:1.2 ratio, but with this offer they will transfer at a 1:1.2 ratio. You should see the bonus at the time that you make the transfer because it is hardcoded into the transfer ratio. You can use this offer many times.
There are great redemption rates on both British Airways and oneworld partner airlines with the Executive Club award chart. The program gives me value.
The Capital One mileage program has become very useful in the last few years and is now on par with other major points currencies. There are a lot of Capital One miles earned. Minimum 2x Capital One miles per dollar spent is offered by the following three cards.
Transferring Capital One miles to Air France-KLM Flying Blue and British Airways Executive Club will get you a 20% bonus. Many travelers find these programs to be valuable and it could be a good idea to transfer them here.
Capital One is offering the best transfer bonuses in August.
Are you going to transfer Capital One miles with a bonus?