Capital One Announces Mileage Transfer Bonuses, At Least 3 Airport Lounges Will Open By Next Year

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Capital One announced today that if you transfer miles to Skyteam airline Aeromexico by 8/8, you’ll get a 20% transfer bonus, making that a 1:1.2 transfer instead of the normal 1:1 ratio. As cards like Capital One Venture and Capital One Spark Miles card offer 2 miles per dollar spent, that’s an effective 2.4 Aeromexico miles per dollar spent.

From 8/1-8/31 Capital One will also offer a 33% bonus on transfers to British Airways Avios. The normal transfer ratio there is 2:1.5, so during the promo it will be 1:1. As cards like Capital One Venture and Capital One Spark Miles card offer 2 miles per dollar spent, that’s an effective 2 Avios per dollar spent.

Capital One says that they remain committed to adding more airline transfer options and offering transfer bonuses.

They also announced today that they will open an airport lounge in Denver in 2022. They previously announced that they will open a lounge in Dallas/Fort Worth this fall, and in Washington DC/IAD in mid 2022. Lounges will feature relaxation rooms with bedding, shower suites, working spaces, kids rooms, nursing rooms, and secure lockers. The DFW lounge will also feature a cycling and yoga room with Peloton bikes and multi-faith rooms with space to pray. Capital One credit cardholders will be eligible for special entry rates depending on their card.

Capital One Relaxation Room Denver

Here is the full lineup of Capital One’s 19 transfer partners with their transfer ratios:

  • Accor Hotels (2:1)
  • Aeromexico (1:1, 1:1.2 from 7/12-8/8, SkyTeam)
  • Air Canada Aeroplan (2:1.5, Star Alliance)
  • Air France/KLM Flying Blue (2:1.5, SkyTeam)
  • Alitalia (2:1.5, SkyTeam)
  • Avianca LifeMiles (1:1, Star Alliance)
  • British Airways Avios (2:1.5, 1:1 from 8/1-8/31, OneWorld)
  • Cathay Pacific Asia Miles (1:1, OneWorld)
  • Choice Hotels (1:1, coming soon)
  • EVA (2:1.5, Star Alliance)
  • Etihad (1:1, No alliance)
  • Emirates (2:1, No alliance)
  • Finnair (1:1, OneWorld)
  • JetBlue (2:1.5, No alliance)
  • Qantas (1:1, OneWorld)
  • Singapore (2:1, Star Alliance)
  • TAP Air Portugal (1:1 transfer ratio, Star Alliance)
  • Turkish Airlines (2:1.5, Star Alliance)
  • Wyndham Hotels (1:1)

For a limited time only, you can earn up to 100,000 bonus miles on the Capital One Venture Card! If you spend $20,000 in 12 months, you’ll have at least 140,000 miles as you earn 2 miles per dollar spent everywhere. You can read more about the offer here.

You can also earn transferrable Capital One miles on the Capital One Spark Miles card, which earns 50,000 bonus miles for spending $4,500 in 3 months and 2 miles per dollar spent.

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6 Comments On "Capital One Announces Mileage Transfer Bonuses, At Least 3 Airport Lounges Will Open By Next Year"

All opinions expressed below are user generated and the opinions aren’t provided, reviewed or endorsed by any advertiser or DansDeals.

yitz

This has nothing to do with this post, but we need to start a petition to get a domestic Priority Pass lounge at EWR!

DomesticatedTraveler

Yes!! You have my vote!

moe8555

If only they would approve me, would love a reason to get rid of the Barclays Arrival Premier that they refuse to give retention on (understandably, since it’s basically 0AF if you hit at least $15K in charges). Very solid partners even for the TLV based.

Ravi

Dan
What are the advantages of using “Purchase Eraser” option in Capital One versus usage of airline points (after transferring miles from Capital One) ?
Thanks,

Ben

Any word as to when transfers to choice hotels will be available?

ish chai

can I use Aeromexico miles for a Delta flight NYC TLV ?

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