Capital One Announces New Transfer Partners - What You Need To Know

Capital One has added hotel programs to its list of transfer partners, along with changes to one airline partner that make Capital One miles much more valuable.
credit card airline and hotel partners

Capital One announced on Feb. 4, 2020 that they expanded their transfer partners, and improved one airline partner as well. However, effective May 13, 2020, Capital One is removing two of their transfer partners - Qatar Airways and Hainan Airlines.

We’ve recapped the recent changes to Capital One, and everything you need to know about how to use your Capital One miles.

Capital One Hotel Partners

While Wyndham and Accor are not the most well-known hotel brands, they have a wide variety of properties. With over 9,000 and 3,700 properties respectively, you have a great chance of finding accomodations that fit your needs.

Here are the ratios of the new Capital One transfer partner hotels:

Hotel BrandTransfer Ratio
Accor2 Capital One miles : 1 Accor ALL Rewards points

(1,000 Capital One miles = 500 Accor ALL Rewards points)

Wyndham2 Capital One miles: 1.5 Wyndham Rewards points

(1,000 Capital One miles = 750 Wyndham Rewards points)

Accor and Wyndham both feature a wide range of brands and property styles from budget to ultra-luxury, and everything in between. With Accor’s large presence in Europe and Wyndham here in the United States, you will have plenty of hotels to choose from wherever you go. So next time you book a trip, be sure to check your Capital One miles balance to see if you have enough points for a free stay.

Capital One miles to JetBlue

In addition to the new Capital One transfer partners, Capital One has just increased the ratio of points you receive from 2:1 to 2:1.5. That means 1,000 Capital One miles are now worth 750 TrueBlue points rather than 500. If you've been considering a JetBlue flight with your Capital One miles, it just might be the right time to take that flight.

How Does Capital One’s List of Travel Partners Compare?

Capital One’s list of transfer partners is similar to those of its competitors, Chase, Citi and American Express. However, it’s also important to look at transfer ratios, which affect the value of miles with each transfer partner. With Capital One, miles transfer at a ratio of 2 miles for 1.5 points or miles for the majority of their partners — meaning, you lose about half a mile for each 2 miles that you transfer.

Capital One Transfer Partners

PartnerTransfer Ratio
AeroMexico2:1.5
Air Canada2:1.5
Alitalia2:1.5
Avianca2:1.5
Cathay Pacific2:1.5
Emirates2:1
Etihad Airways2:1.5
Flying Blue (Air France/KLM)2:1.5
Finnair2:1.5
JetBlue2:1.5
Qantas2:1.5
Singapore Airlines2:1
Accor ALL Rewards2:1
Wyndham Rewards2:1.5

If you are torn on which credit card to apply for, the deciding factor could be which travel partner you are more likely to use. Capital One mainly partners with airlines outside of the United States, so a Capital One rewards card could be the best option for someone who frequently travels internationally. Check out the list below of competing point transfer programs to see which list suits your travel needs the best.

Other Credit Card Issuers With Transfer Partners

American ExpressChaseCiti
AeroMexicoAer LingusAvianca
Air CanadaBritish AirwaysFlying Blue (Air France/KLM)
AlitaliaFlying Blue (Air France/KLM)Cathay Pacific
Aer LingusEmiratesEtihad Airways
ANAIberiaEVA Air
AviancaJetBlueJet Airways
British AirwaysSingapore AirlinesJetBlue
Cathay PacificSouthwest AirlinesMalaysia Airlines
Delta AirlinesUnited AirlinesQantas
El AlVirgin AtlanticQatar
EmiratesWorld of HyattSingapore Airlines
Etihad AirwaysIHG Rewards ClubThai Airways
Flying Blue (Air France/KLM)Marriott BonvoyTurkish Airlines
Hawaiian AirlinesVirgin Atlantic
Iberia
JetBlue
Qantas
Singapore Airlines
Virgin Atlantic
Choice Privileges Hotels
Hilton Honors
Marriott Bonvoy

How Do the Changes Affect Miles Value?

Updates to rewards programs often result in points becoming devalued. In this case, Capital One miles value will decrease in value.

We currently value Capital One miles at 1 cent per point when redeeming for travel. However, with this announcement of removing airline partners, Capital One is taking a step back in comparison to its competitors.

Which Capital One Cards Let You Transfer Miles?

There are several cards that earn transferable Capital One miles. However, they are not all uniform in their benefits.

Rewards rateSign up bonusAnnual fee
Capital One® Venture® Rewards Credit Card2 miles per dollar on every purchase50,000 bonus miles once you spend $3,000 on purchases within the first 3 months from account opening$0 Intro Annual Fee for the first year then $95
Capital One® VentureOne® Rewards Credit Card1.25 miles per dollar on other purchasesNo Annual Fee
Capital One® Spark® Miles for Business2X miles per dollar on every purchase 5X miles per dollar on hotel and rental car bookings through Capital One TravelEarn a one-time bonus of 50,000 miles - equal to $500 in travel - once you spend $4,500 on purchases within the first 3 months from account opening$0 Intro Annual Fee for the first year then $95
Capital One® Spark® Miles Select for Business1.5X miles per dollar on every purchase 5X miles per dollar on hotel and rental car bookings through Capital One TravelEarn a one-time bonus of 20,000 miles - equal to $200 in travel - once you spend $3,000 on purchases within the first 3 months from account openingNo Annual Fee

How to Transfer Capital One Miles

Once you earn Capital One miles and want to transfer them, it’s a simple process. First, log in to your Capital One account and select the credit card that you want to transfer miles from.

Then, select the airline or hotel partner that you want to send your miles to. You will be asked to link your loyalty membership number, so be sure to have that information on hand.

Lastly, you will be asked to type in how many miles you would like to transfer. Be sure to double check this as all transfers are final and non-reversible.

Once you confirm the transfer, the points may appear immediately or take a few days. For best practice, give ample time for your miles to transfer.

Is it worth it to transfer Capital One miles?

The short answer to this question is "maybe." Each redemption is unique, so each potential redemption should be calculated individually.

How do you know if transferring Capital One Miles is worth it?

Capital One miles are generally valued around 1 cent per mile — if an award flight/hotel room with any of the Capital One transfer partners is worth at least 1 cent per mile transferred, then it’s worth the transfer. To calculate the value of transferred miles, use this simple equation:

Cash price (minus any taxes and fees that you would have to pay with an award booking) / Number of points or miles needed for flight or hotel stay x 0.5 (2:1 transfer ratio) or 0.75 (2:1.5 transfer ratio) = Value of transfered miles

Brett Holzhauer

Brett Holzhauer is ValuePenguin’s travel rewards expert, focusing on credit card rewards maximization, consumer travel trends, and personal finance news. He has earned and burned over 5 million points and miles throughout his travels, saving him roughly $75,000 in travel expenses.

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Example of how we calculate the rewards rates: When redeemed for travel through Ultimate Rewards, Chase Sapphire Preferred points are worth $0.0125 each. The card awards 2 points on travel and dining and 1 point on everything else. Therefore, we say the card has a 2.5% rewards rate on dining and travel (2 x $0.0125) and a 1.25% rewards rate on everything else (1 x $0.0125).