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From today (11/1/19) through November 30, 2019, Capital One is offering a 20% transfer bonus for transfers from its Capital One miles-earning cards to Air France / KLM Flying Blue. With the transfer bonus, the ratio this month is 2 Capital One “Miles” = 1.8 Flying Blue miles. When combined with Flying Blue Promo Rewards, this can make for a very good deal.
- From November 1, 2019 through November 30, 2019 at 11:59pm Eastern, receive a 20% transfer bonus when transferring Capital One miles to Air France / KLM Flying Blue
- With the bonus, the transfer ratio is 2 Capital One “Miles” to 1.8 Flying Blue miles
- Ends at 11:59pm Eastern on 11/30/19
This transfer bonus applies to transfers from those Capital One cards that earn Capital One “Miles”, which includes the following cards (click the card names to go to the dedicated Frequent Miler pages for these cards to learn more detail and current offer information):
With the transfer bonus, the ratio becomes 2:1.8, which is a decent use of Capital One miles if you have one of the cards that earns 2 Capital One miles per dollar.
One nice thing about Capital One miles is that they tend to post to your account within 2-3 business days after a pending charge posts to your account. That means it is easy to top off an account to take advantage of the promo rate since you do not need to wait for your statement cuts to earn and use your rewards. Note also that Capital One allows you to transfer to other miles-earning cardholders with no annual limit, so you can easily combine forces for a valuable award.
This could also stack nicely with this month’s Flying Blue Promo Rewards, which have some business class routes from the United States.
Overall, it is good news to see Capital One continue offering transfer bonuses. We have added this to our list of current point transfer bonuses.