Capital One has improved its JetBlue TrueBlue transfer ratio and expanded its list of travel transfer partners to 17, including its first two hotel partners. Read on to see if these new transfer options make sense for you.
Additionally, Capital One has increased its transfer rate to JetBlue’s TrueBlue rewards program by 50%. Here’s what you need to know about these updates.
First-ever Capital One hotel transfer partners
Accor Live Limitless and Wyndham Rewards are Capital One’s first hotel transfer partners, and Capital One is currently the only issuer that offers transfers to both the Wyndham and Accor programs.
You can transfer Capital One miles to Accor Live Limitless (ALL) points at a rate of 2:1. This means that 1,000 Capital One miles translates to 500 ALL Rewards points. While the Accor program is not particularly well-known, it does include the luxury Fairmont brand, which operates 75 properties in 24 countries.
Luckily ALL Rewards offers a fixed-value redemption scheme on hotel stays, with 2,000 points saving you €40 (approximately $44) on a stay. Given the 2:1 transfer rate, you’d need to redeem 4,000 Capital One miles to get 2,000 ALL points and receive the discount.
You can redeem Capital One miles through the Capital One Travel portal or cover outside travel purchases via the Purchase Eraser at a rate of 1 cent per mile, so this transfer might make sense, as 4,000 miles would save you just $40 off your stay if you didn’t transfer.
While the hotel stay discount will get you the most mileage out of your ALL points, you can also use ALL points for stays at luxury private homes and villas, at participating restaurants and bars and for shopping and experiences. The Points Guy values ALL points at 2 cents per point, which is a bit higher than the site’s valuation of Capital One Rewards miles (1.4 cents), making this transfer worth a look.
Meanwhile, the transfer rate for Wyndham Rewards is 2:1.5 – meaning 1,000 Capital One miles equals 750 Wyndham Rewards points. As the world’s largest hotel franchising company, Wyndham has a wide global reach, operating brands like Wyndham Grand and La Quinta.
We currently value Wyndham Rewards points at just 0.7 cents each, so transferring is less likely to save you money. However, depending on where and when you book, it’s still possible to score big savings.
JetBlue transfer value boost
In addition to adding new hotel transfer partners, Capital One has increased the value of transfers to JetBlue’s TrueBlue rewards program. You can now transfer miles to the TrueBlue program at a 2:1.5 rate. This is a 50% increase over the 2:1 transfer rate offered when JetBlue was added as a Capital One transfer partner in May of 2019.
This means that 1,000 Capital One miles translates to 750 TrueBlue points. In other words, for every dollar you spend with your Capital One card, you’ll essentially earn 1.5 Jet Blue points. Notably, this is a more lucrative rate than the one offered by Jet Blue’s own co-branded travel cards, like the JetBlue Card (which only offers 1 point per dollar spent on general purchases).
Since JetBlue uses a dynamic-pricing model, you’ll have to try out a few dates and flight types to get a sense of whether you can squeeze more than 1 cent of value out of your Capital One miles by transferring.
List of transfer partners grows to 17
With the addition of Accor Live Limitless and Wyndham Rewards, the list of Capital One transfer partners has expanded from 15 to 17. Now, Venture and Spark Miles for Business cardholders can transfer to the following 15 airline loyalty programs and 2 hotel programs:
- 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)
- JetBlue (TrueBlue)
- Qantas (Qantas Frequent Flyer)
- Qatar Airways (Privilege Club)
- Emirates (Emirates Skywards)
- Singapore Airlines (KrisFlyer)
- Accor Live Limitless
- Wyndham Rewards
While the addition of new rewards transfer partners is always welcome, you’ll have to do the math to see if these new options make sense for you.
50,000 bonus miles
In addition to earning bonus miles on every purchase, the Capital One® Venture® Rewards Credit 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|
Why use it? If you want a simple, straightforward approach to earning rewards, the Venture card is a great option – thanks to its 2-miles-per-dollar bonus on general purchases.Read review
|Estimated Yearly Rewards Value ($15,900 spend)|
$95, waived first year
Cardholders have the opportunity to squeeze a lot of value out of the Venture card – especially during the first year. Assuming a value of 1.4 cents per Venture mile, the card’s 50,000-mile sign-up bonus is worth around $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.