According to the all-knowing / all-seeing Doctor of Credit, transfers from Capital One to their transfer partners are now live.

I wrote all about the details of this last month. As far as I know, the addition of Singapore and Emirates at a reduced 2:1 ratio is new since then and pretty great news.

The list of “launch” transfer partners is:

  • Aeromexico
  • Aeroplan (Air Canada’s program)
  • Alitalia
  • Avianca
  • Cathay Pacific
  • Etihad Airways
  • EVA Air
  • Finnair
  • Flying Blue (Air France / KLM)
  • Hainan Airlines
  • Qantas
  • Qatar Airways
  • Singapore Airlines (2:1 ratio)
  • Emirates (2:1 ratio)

I owe you a separate blog post about this, but one thing that doesn’t get a lot of attention is that while Emirates Skywards miles are inefficient in the sense that you will pay more in both miles and high surcharges than using partner miles, they also make WAY more seats available to Skywards members. So if you need certain dates, you may well be able to book with Skywards and not with JAL or Alaska.  And Singapore is nice since you can now transfer from all five transferable currencies to pool your various points for an award.

It’s not yet known what the transfer times are and I don’t currently have an active Capital One “miles” earning card since until this all happened, they weren’t very useful. So I can’t test myself. If you do a transfer, please let me know as I’ll be adding Capital One to the master MilesTalk Transfer Partners and Transfer Times page.

If you want to earn some transferable miles in a hurry, here are two very elevated signup offers:

The Capital One® Spark® Miles for Business card (learn more) is offering a bonus of up to 200,000 miles (which would become 150,000 airline miles). You will earn a bonus of 50,000 miles when you spend $5,000 in the first 3 months of opening your account and then another 150,000 miles when you spend $50,000 within the first 6 months. (The cash version of this card has a similar offer).

The miles earned from the bonus offer + minimum spend would be 300,000 Capital One “miles” and would be equal to 225,000 airline miles. In fact, you could have some pretty fantastic redemptions. For instance, you could use the miles to fly round trip in Lufthansa’s famed First Class from the US to Europe and back with plenty to spare. Or head to Asia in First on a Star Alliance carrier. (learn more)

And the Capital One® Venture® Rewards Credit Card (learn more) is offering 50,000 miles once you spend $3,000 in 3 months.  There is also a limited time offer on the Capital One site directly for 75,000 miles with $5,000 in spend in the same timeframe.

Any thoughts on this new transferable currency option? Let me know here, in the comments, on Twitter, or in the private MilesTalk Facebook group.

New to all of this? My new “introduction to miles and points” book, MilesTalk: Live Your Wildest Travel Dreams Using Miles and Points is available now.

 

Small Business Credit CardsBonus OfferBest FeaturesMore info

Chase Ink Business Preferred Credit Card
120,000 Ultimate Rewards points when you spend $8,000 in your first 3 monthsEarns 3x points on travel, advertising, and shipping.

This massive Welcome Bonus offer makes this card a great first business card.

These points can be transferred to a range of Ultimate Rewards partners like United and Hyatt at a 1:1 ratio or spent in the Ultimate Rewards portal on travel with a value of 1.25 cents per point. Also provides complimentary cell phone insurance if you pay your monthly bill with the card.
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Ink Business Unlimited® Credit Card
Get $750 in the form of 75,000 Ultimate Rewards points when you spend $6,000 in your first 3 months. Points are transferrable if you also hold a Sapphire Preferred, Sapphire Reserve, or Ink Business Preferred.Best for small businesses with a lot of every day spend. This card earns 1.5x everywhere.

If you don't spend a lot in the bonus categories of other cards, or want a second card to pair with one that you use in the bonus categories, this is a great card. No annual fee. Pair this with the Chase Ink Preferred for a killer 1-2 card combo.
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Chase Ink Business Cash® Credit Card
Earn $350 in the form of 35,000 Ultimate Rewards points when you spend $3,000 on purchases in the first three months and an additional $400 in the form of 40,000 Ultimate Rewards points when you spend $6,000 on purchases in the first six months after account opening. Points are transferrable if you also hold a Sapphire Preferred, Sapphire Reserve, or Ink Business Preferred.5x points on up to $25,000 in office supplies, internet, cable, and phone annually.

There are lots of ways to maximize this amazing 5x benefit. If you combine these points into a Chase Sapphire Reserve account to book travel, it's like 7.5% effective cash back. No annual fee.
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The Business Platinum Card(R) from American Express
120,000 Membership Rewards points when you spend $15,000 within 3 months. Terms apply.Access to Centurion Lounges, Priority Pass lounges, Delta SkyClub lounges (with Delta ticket) $200 annual airline creditLearn More

Chase Southwest Airlines Rapid Rewards Premier Business Credit Card
60,000 Rapid Rewards points when you spend $3,000 in 3 monthsThose trying to get a Southwest Companion pass (the bonus points count).

Read more about how to qualify for the Companion Pass here.
Learn More

The Business Gold Card
70,000 Membership Rewards points when you spend $10,000 in 3 monthsEarns 4x Membership Rewards points on two categories that you spend the most on each statement cycle - up to $150,000 a year in spend). Other eligible purchases earn 1X. This card is a good choice IF you will spend heavily on at least one of the bonus categories, as this card has a moderately high annual fee. Learn More

Capital One Spark Miles for Business
You will earn a bonus of 50,000 miles when you spend $4,500 in the first 3 months of opening your accountThis card earns 2 miles per dollar. These miles are transferable to 11 frequent flyer programs (0.75 airline miles per one Capital One mile for most partners). Learn More

 

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