credit card
Capital One Miles
Capital One Miles are the easygoing flexible currency. You earn them at a flat rate on every purchase - no rotating categories, no spending-bonus gymnastics - and at redemption time they punch above their weight. Capital One transfers to 18 airline and 4 hotel partners, most at a clean 1:1, which turns everyday-earn miles into international business class, off-peak Europe, and a few genuinely sneaky sweet spots. The catch is the usual one: the miles are worth the most once you have a specific award in mind, and transfers are one-way. Find the seat first, then move the points.
Experiences
Capital One Entertainment — Points or cash →Award chart
The actual numbers. Get your nerd on, memorize the cheap ones.
The cheat sheet.
See the rates →
Award chart
The actual numbers. Get your nerd on, memorize the cheap ones.
The cheat sheet.
Capital One Miles do not have a proprietary award chart. Value is determined by the transfer partner you move miles to (most at 1:1), or a flat 1 cent per mile via the Purchase Eraser or Capital One Travel portal. Notable off-ratio exceptions: Emirates, EVA Air, and JAL convert at 2:1.5 (1,000 = 750 partner miles); JetBlue at 5:3 (1,000 = 600 partner miles); I Prefer at 1:2 (favorable).
Sweet spots
Where your points punch above their weight.
Where this currency genuinely shines.
Show me the picks →
Sweet spots
Where your points punch above their weight.
Where this currency genuinely shines.
- Aeroplan (1:1) - fixed partner pricing plus a free stopover; around 60k one-way to Europe in business on Lufthansa, Swiss, or Austrian.
- Qatar Privilege Club (1:1) - Qsuites business, one of the best seats in the sky.
- Turkish Miles&Smiles (1:1) - the cult pick: around 10k one-way for United-operated US to Hawaii economy; business to Turkey from about 65k.
- Singapore KrisFlyer (1:1) - Suites and long-haul Asia premium cabins (about 80k to 120k one-way).
- British Airways / Avios (1:1) - short-haul off-peak US East Coast to Europe from about 13k.
- Flying Blue (1:1) - monthly Promo Rewards take 20 to 50 percent off select Europe awards.
Transfer partners
22 places to send these points. Where the currency goes.
22 programs this transfers out to.
Meet the partners →
Transfer partners
22 places to send these points. Where the currency goes.
22 programs this transfers out to.
Capital One Miles transfers points or miles OUT to these programs.
| To | Ratio | Notes |
|---|---|---|
| Aeromexico Rewards | 1:1 | No transfer fee. |
| Air Canada Aeroplan | 1:1 | No transfer fee. Free stopover on partner awards. |
| Avianca LifeMiles | 1:1 | No transfer fee. |
| Avios | 1:1 | No transfer fee. Avios usable across the BA/Iberia/Aer Lingus family via Combine My Avios. |
| Cathay Pacific Asia Miles | 1:1 | No transfer fee. |
| Etihad Guest | 1:1 | No transfer fee. |
| Finnair Plus | 1:1 | No transfer fee. |
| Flying Blue | 1:1 | No transfer fee. Air France-KLM; monthly Promo Rewards discounts. |
| Qantas Frequent Flyer | 1:1 | No transfer fee. |
| Qatar Privilege Club | 1:1 | No transfer fee. Books Qsuites business. |
| Singapore KrisFlyer | 1:1 | No transfer fee. Singapore Suites + own-metal premium. |
| TAP Miles&Go | 1:1 | No transfer fee. |
| Turkish Miles&Smiles | 1:1 | No transfer fee. US-Hawaii on United from 10k one-way. |
| Virgin Red | 1:1 | No transfer fee. Group-wide Virgin rewards club (move on to Virgin Atlantic Flying Club). |
| Emirates Skywards | 2:1.5 | No transfer fee. 1,000 miles = 750 Skywards. |
| EVA Air Infinity MileageLands | 2:1.5 | No transfer fee. 1,000 miles = 750 Infinity MileageLands. |
| Japan Airlines Mileage Bank | 2:1.5 | No transfer fee. 1,000 miles = 750 Mileage Bank. |
| JetBlue TrueBlue | 5:3 | No transfer fee. 1,000 miles = 600 TrueBlue (the weakest ratio). |
| Choice Privileges | 1:1 | No transfer fee. US-based Choice Privileges accounts only. |
| Wyndham Rewards | 1:1 | No transfer fee. |
| Preferred Hotels iPrefer | 1:2 | No transfer fee. 1,000 miles = 2,000 iPrefer (ratio in your favor; iPrefer points are fixed/lower value). |
| ALL - Accor Live Limitless | 2:1 | No transfer fee. 1,000 miles = 500 ALL Reward points. |
How to spend
The high-leverage moves. Read this before you transfer a single mile.
The smart-money plays.
Get the playbook →
How to spend
The high-leverage moves. Read this before you transfer a single mile.
The smart-money plays.
- Transfer to airline and hotel partners - the highest-value play (see sweet spots).
- "Purchase Eraser" - wipe travel charges (flights, hotels, rental cars) at 1 cent per mile.
- Book through Capital One Travel at 1 cent per mile.
- Gift cards, Amazon/PayPal checkout, cash back - all weaker (often under 1 cent); only if you are not chasing travel.
Tips & quirks
Stopover rules, surcharges, the stuff nobody tells you until you've been burned once.
The fine print, decoded.
Spill the gotchas →
Tips & quirks
Stopover rules, surcharges, the stuff nobody tells you until you've been burned once.
The fine print, decoded.
- Transfers are one-way and final - you cannot move miles back to Capital One.
- 1,000-mile minimum per transfer; the name on your Capital One account must match the loyalty account.
- No transfer fee or excise-tax pass-through (unlike some Amex transfers to US airlines).
- Most ratios are 1:1 - check the exceptions: Emirates, EVA Air, and JAL convert at 2:1.5 (1,000 = 750), and JetBlue at 5:3 (1,000 = 600). I Prefer is the rare ratio in your favor at 1:2.
- Capital One's partner roster changes periodically (their Virgin partner is Virgin Red, the group-wide Virgin club, not Virgin Atlantic Flying Club directly).
Cards that earn into Capital One Miles
Cards that earn Capital One Miles directly, or that transfer into it from a flexible-currency program.
Alerts
Archived alerts
These offers have ended but live on here for reference. Click any title to open the original alert.
- ExpiredAeromexico Rewards Award Sale — Economy and Business, Book by June 2limited time offer · ended Jun 2, 2026
- ExpiredSingapore KrisFlyer Spontaneous Escapes: 30% Off Select June Awards — Book by May 31limited time offer · ended May 31, 2026
- ExpiredCapital One Miles → Qantas 20% Transfer Bonus — Ends May 31transfer bonus · ended May 31, 2026
- ExpiredChase UR → Flying Blue 20% Transfer Bonus — Ends May 27, 2026transfer bonus · ended May 27, 2026
Last reviewed: June 2026
Loyalty programs change rules, fees, transfer ratios, and award pricing all the time — sometimes without warning. We do our best to keep these pages current, but the program's own site is always the final word. Always confirm specifics directly with Capital One Miles before transferring miles or booking an award. Treat anything on this page as a starting point, not a guarantee. Crazy4Points is not responsible for actions taken based on information here — see our Terms of Service for full details.