Capital One Now Transferring To Choice On 1:1 Basis

Capital One announced a few months ago that they’d be adding Choice Privileges as a transfer partner in “late 2021”.

We’re not entirely sure if that timing was accurate or if it was subsequently revised to “extremely early on in 2022”, but Nick noticed this afternoon that the ability to transfer Capital One Miles to Choice Privileges has gone live.

What’s a little disappointing is that the transfer ratio is only on a 1:1 basis in increments of 1,000 miles. That’s the same as transfers to Choice from American Express Membership Rewards, but only half as good as the 1:2 ratio when transferring to the Choice Privileges program from Citi ThankYou.

Having said that, it’s always great to have additional partners added to transferable currencies. What’s also great is that transfers from Capital One to Choice are instant. When logging in to process a transfer there’s a note that it could take up to 24 hours, but I tested this out for the purpose of this post and the 1,000 Capital One miles I transferred to my wife’s Choice account showed up immediately.

The Reasonable Redemption Value of Choice points is only 0.68 cents per point (cpp) which, in theory, means it’s not a great option for your Capital One Miles which can be transferred to more valuable travel partners. However, it’s certainly possible to get better value from that. For example, check out these posts Greg published for examples of how to get great value from your points:

• Nordic Choice Sweet-Spots: Great Value w/ Choice Points
• Preferred Hotels & Resorts via Choice: Value unlocked. Frustration assured.

Note that with the Preferred Hotels & Resorts post much of that analysis was based on the value obtained by transferring Citi ThankYou points on a 1:2 basis, but Greg provided examples in that post where redemptions were better than 1cpp and there are likely even more good value opportunities out there.

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