The Venture Card was already one of my favorite travel credit cards because you can earn two points for every dollar spent and no blackout dates when redeeming points for travel. When it was announced that the Capital One Venture Card was adding transfer partners for its points, the travel world went nuts. This catapulted the value of the Venture Card card over many others and put this credit card in the first position for many travelers. Today, it was announced that Capital One added two additional transfer partners, bringing the total transfer options to 16. Read on to find out who they are and how to transfer points to them. Also effective today, transfers to these airlines partners is now live.
Capital One Venture Rewards Credit Card Even More Valuable With 15+ Transfer Partners
The Capital One Venture Rewards Card has been a favorite credit card of RewardExpert.com for a long time. It has a great sign-up bonus and cardholders earn 2 miles for every dollar that they spend. And the miles allow you to book any flight or make any hotel reservation without fear of blackout dates. Now, Capital One is making this awesome credit card even better by adding 15+ transfer partners!
This article will cover
- What are the Benefits of the Capital One Venture Card?
- Who are the 15 Transfer Partners?
- Why is This Important?
- Should you Apply for the Capital One Venture Card?
- Are you Ready to Apply for the Capital One Venture Card?
What are the Benefits of the Capital One Venture Rewards Card?
Aside from the 2 miles per dollar spent on the Capital One Venture Rewards Card, there are many other benefits available. This is why the Venture Rewards Card is one of our favorite cards to create a balanced wallet of points, miles, and cash back.
- 5X miles on hotels and rental cars booked through Capital One Travel
- Up to $100 reimbursement for Global Entry or TSA PreCheck
- No foreign transaction fees
- Travel accident insurance
- Auto Rental Collision Damage Waiver
- Extended Warranty
- Capital One Lounge
And now the miles you earn are even more valuable with the addition of 15+ transfer partners.
Who are the 15 Transfer Partners?
Spending on the Capital One Venture Rewards Card earns 2 miles per dollar spent. No matter where you are spending or what you are buying. When you book hotels and rental cars through Capital One Travel, you’ll earn 5X miles on those bookings.
Instead of buying travel at $0.01 per point, now you can transfer your points to one of 15+ travel loyalty programs to get even more value!
Most transfers to 15+ travel loyalty programs are at a 1:1 transfer ratio.
Here are the 15+ Capital One Transfer Partners
Transfer Partner | Venture Miles | Target Loyalty Program |
---|---|---|
ALL - Accor Live Limitless | 1000 | 500 |
Aeromexico Club Premier | 1000 | 1000 |
Air Canada Aeroplan® | 1000 | 1000 |
Avianca LifeMiles | 1000 | 1000 |
Cathay Pacific - Asia Miles | 1000 | 1000 |
Etihad Guest | 1000 | 1000 |
EVA Air - Infinity MileageLands | 1000 | 750 |
Finnair Plus | 1000 | 1000 |
Flying Blue (Air France KLM) | 1000 | 1000 |
Qantas Frequent Flyer | 1000 | 1000 |
British Airways Avios | 1000 | 1000 |
Choice Privileges® | 1000 | 1000 |
Emirates Skywards | 1000 | 1000 |
Singapore Airlines KrisFlyer | 1000 | 1000 |
TAP Air Portugal Miles&Go | 1000 | 1000 |
Turkish Airlines Miles&Smiles | 1000 | 1000 |
Virgin Red Virgin Points | 1000 | 1000 |
Wyndham Rewards | 1000 | 1000 |
Miles earned from the Capital One VentureOne, Capital One Spark Miles for Business, and the Capital One Spark Miles Select for Business can also be transferred to these 15+ Capital One miles transfer partners.
What is the Miles Transfer Ratio?
For every 1,000 miles that you transfer to one of these 15+ transfer partners, you will receive 1,000 miles or points with most partners. The minimum transfer amount is 1,000 Capital One miles. You will also need to register for an account with the loyalty program if you don’t already have one.
This basically means that you will be getting the same 2 airline miles or points for every dollar that you spend on all categories. Most airline cards only earn 1 mile per dollar that you spend (aside from a couple of categories). This means that the Capital One Venture Rewards Card can be a better card to earn miles for those partners than their own credit card for everyday spend.
And you’ll still maintain the option to use the Capital One Venture Rewards Card miles as cash to purchase flights when transferring miles doesn’t make sense or if there are no award flights available. This is truly the best of both worlds.
When can You Start Transferring Miles to Travel Partners?
You can transfer miles as soon as you have accumulated a minimum of 1,000 miles. To transfer your Capital One miles, you need to sign in to your account on the Capital One wesite or through the Capital One Mobile app. Then you need to navigate to the rewards page and follow the prompts. Once you receive a confirmation code, save it for your records.
Please note that once you’ve transferred your Capital One miles, they can’t be transferred back to your Capital One rewards account.
Why is This Important?
I love having options and the Capital One Venture Rewards Card is full of options. And the options have just expanded with the addition of 15+ transfer partners!
Here are just a few of the many ways you can use your Capital One Venture Rewards Card points to travel for free:
- Book any flight without blackout dates
- Reserve any hotel room without blackout dates
- Transfer miles to airline miles to top off account for award flight redemption
- Transfer miles to airline miles to book flight for better value
Which is Better? Cash or Miles to Book a Flight?
We’ve found that most travelers are better off paying cash (ok, actually using points as cash) for domestic flights because airlines have increased the miles required for economy flights. It used to be that 25,000 miles was the standard for a domestic round-trip economy flight redemption.
Not any more.
With flights at or near capacity, airlines have continued to increase the number of miles required to book an economy flight. I’ve seen some economy flights priced at 50,000 miles. Umm, no thanks.
I like to redeem miles from credit cards like the Capital One Venture Rewards Card that I can use like cash to book domestic flights. This allows me to save my miles for international flights to the Caribbean, Europe, Asia, and South America where you can receive incredible value for your miles.
For example, I booked flights to St Kitt’s in the Caribbean for my family and me that would have been over $900 each.
Instead, I redeemed 30,000 American Airline miles and paid less than $60 in taxes per ticket.
This is a great example of why using airline miles instead of cash can be a great idea. With miles, we booked tickets that would have cost over $3600. If we redeemed 120,000 Capital One miles for cash, we could have only bought $1,200 worth of airfare.
Should You Apply for the Capital One Venture Card?
The addition of 15 transfer partners to the Capital One Venture Card is a huge win for consumers. So many banks are implementing rules to restrict applying for or earning sign-up bonuses, that we need more options.
Chase has their 5/24 Rule. American Express has a once per lifetime rule. Citibank has a two-year rule. And Bank of America has a 2/3/4 Rule. So much to keep track of!
Fortunately, Capital One has not implemented specific rules limiting new cardholders. So, if you’ve been locked out getting a new credit card because other banks don’t want you, maybe it is time to consider Capital One.
Are You Ready to Apply for the Capital One Venture Rewards Card?
With the addition of 15+ transfer partners, the Capital One Venture Rewards Card is going to be the talk of the travel world. Combing the benefits of card that earns 2x miles everywhere with no blackout dates on redemptions with the ability to convert those miles to airline miles at a reasonable transfer ratio is a huge win. I literally just applied for the Capital One Venture Rewards Card as soon as I heard about this new benefit.
If travel isn’t your major focus, the Capital One Savor Card might be a better bet for you. It offers 4% cash back on dining and entertainment and 3% cash back on groceries. It’s the perfect card for foodies and people who go out a lot.
Have you applied for the Capital One Venture Rewards Card before?
What’s your favorite benefit of this credit card?
Let us know in the comments below.