BACK

Products

Capital One launches travel transfer partners for Venture cardholders

Summary

In addition to redeeming miles for travel, statement credits, gift cards or cash back, Capital One Venture Credit Card members can now transfer miles to 14 travel loyalty programs.

The editorial content below is based solely on the objective assessment of our writers and is not driven by advertising dollars. However, we may receive compensation when you click on links to products from our partners. Learn more about our advertising policy.

The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired. Please see the bank’s website for the most current version of card offers; and please review our list of best credit cards, or use our CardMatch™ tool to find cards matched to your needs.

Capital One® Venture® Rewards Credit Card members have a new option for redeeming their miles – thanks to Capital One’s launch of travel transfer partners. Now, in addition to redeeming miles for travel, statement credits, gift cards or cash back, Venture cardholders can transfer miles to 14 travel loyalty

programs, including:

  • Aeromexico (Club Premier)
  • Air Canada (Aeroplan)
  • Air France KLM (Flying Blue)
  • Alitalia (MilleMiglia Program)
  • Avianca (LifeMiles)
  • Cathay Pacific (Asia Miles)
  • Etihad Airways (Etihad Guest)
  • EVA Air (Infinity MileageLands)
  • Finnair (Finnair Plus)
  • Hainan Airlines (Fortune Wings Club)
  • Qantas (Qantas Frequent Flyer)
  • Qatar Airways (Privilege Club)
  • Emirates (Emirates Skywards)
  • Singapore Airlines (KrisFlyer)

Miles can be transferred to these partners (with the exception of Emirates and Singapore Airlines) at a rate of 2 to 1.5. Meaning – because Venture cardholders earn 2 miles for every dollar they spend – each dollar will essentially be worth 1.5 miles when transferred to one of the loyalty programs.

Miles can be transferred to Emirates and Singapore Airlines at a rate of 2 to 1.

Along with the Venture card, the miles transfer benefit also applies to the VentureOne, Spark Miles and Spark Miles Select cards. Capital One plans to continue adding new travel partners on an ongoing basis. 

50,000 bonus miles

In addition to earning bonus miles on every purchase, the Capital One Venture card allows new cardholders to earn 50,000 miles when they spend $3,000 in the first three months of card membership.

Capital One® Venture® Rewards Credit Card
Rewards rate

  • 10 miles per dollar on hotel rooms booked and paid through hotels.com/venture through January 2020
  • 2 miles per dollar on general purchases
Sign-up bonus

  • 50,000 miles when you spend $3,000 in the first 3 months

Why use it?

If you want a simple, straightforward approach to earning rewards, the Venture card is a great option – thanks to its 2-mile bonus on general purchases. Additionally, the generous 10-mile bonus on hotel.com purchases through January 2020 is an extra perk for frequent travelers.

Read review

Estimated Yearly Rewards Value ($15,900 spend)
$447
Annual Fee
$95, waived first year

Cardholders have the opportunity to squeeze a lot of value out of the Venture card – especially during the first year. With the added transfer partners, TPG has boosted its valuation of each Venture mile from 1 cent to 1.4 cents – making the 50,000-mile sign-up bonus worth $700. That’s a very generous amount for a rewards card that doesn’t charge an annual fee the first year.

Value of sign-up bonus

Value of 50,000-mile bonus
50,000 miles x 1.4 cents = $700

Combine that amount with the average consumer’s yearly spend (approximately $15,900 on food, gas, clothing and general purchases annually), and you have the potential to earn $1,181 in rewards value in the first year alone.

See related: Earn 10x miles on hotel stays with Venture and VentureOne, Capital One Venture vs. VentureOne: Which is best?

What’s up next?

In Products

Southwest Rapid Rewards Shopping guide

Our guide to Southwest’s online shopping portal shows you how to earn extra Rapid Rewards points on many of your online purchases.

Published: November 9, 2018

See more stories
Credit Card Rate Report Updated: April 25th, 2019
Business
15.32%
Airline
17.50%
Reward
17.58%
Cash Back
17.60%
Student
17.79%

Questions or comments?

Contact us

Editorial corrections policies

Learn more

Join the Discussion

We encourage an active and insightful conversation among our users. Please help us keep our community civil and respectful. For your safety, do not disclose confidential or personal information such as bank account numbers or social security numbers. Anything you post may be disclosed, published, transmitted or reused.

The editorial content on CreditCards.com is not sponsored by any bank or credit card issuer. The journalists in the editorial department are separate from the company’s business operations. The comments posted below are not provided, reviewed or approved by any company mentioned in our editorial content. Additionally, any companies mentioned in the content do not assume responsibility to ensure that all posts and/or questions are answered.