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Transfer Bonus: 25% from Capital One to Avianca

If you have a Credit Card That Earns Capital One Miles, you can transfer in the month of July with a 25% bonus.

Oddly, this means that 1,000 Capital One miles will earn you 938 Avianca miles. Perhaps they could have just made it an even 1:1? In any event, this is great for anyone currently booking a Star Alliance trip like Lufthansa First Class.

If you are in a cash crunch, you should avoid travel rewards credit cards until you are caught up. Here are our favorite credit cards for Intro 0% APR offers and for balance transfer offers

Here is a post I wrote on the best ways to use Avianca Lifemiles

Recent Avianca Lifemiles Promos

Avianca has been fairly aggressive lately with transfer bonuses, buy miles bonuses, and even bonuses to transfer miles from one account to another.

This tells me they want cash in a hurry for their coffers which also tells me Lifemiles should not be a place you have speculative miles sitting – at least not more than you can accept a potential devaluation of those miles.

HT: Doctor of Credit

Will you transfer?

Let me know here, on Twitter, or in the private MilesTalk Facebook group.

YourBestCreditCards

You can find credit cards that best match your spending habits and bonus categories at Your Best Credit Cards

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

 

yottaWhat is Yotta Savings?: The Yotta Savigs account is a really fun way to earn interest at a higher rate than Marcus while having some fun each night when the Yotta prize ball drops. Currently, the statistical odds imply a net savings rate of between around 1% and 3% - at a time when banks like Marcus are offering a paltry 0.5%. Plus, it's fun! | Read my review of Yotta.


I got "in the game" in 2003 and since then I've collected literally millions and millions of frequent flyer miles and hotel points. I've flown around the world in first class seats that would cost $29,000 using frequent flyer miles and a few bucks in tax. And I've stayed in some of the finest hotels - all for free! A few years ago I realized many of my friends actually thought I was paying for these!! So I started sharing my tips. It's long been a passion, but when I hosted a session on Miles and Points at this year's South by Southwest festival, my love of the game intensified and this blog was born.

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