New Transfer Partners for Capital One Miles Credit Card Holders
Capital One keeps adding new rewards redemption options to its travel credit cards. To be more precise, holders of Venture and Spark credit cards can now transfer accumulated miles to even more loyalty programs. Surprisingly, new transfer partners are not airlines, as it could be expected, but large hotel chains AccorHotels and Wyndham Hotels & Resorts®.
It should be noted that these two are the first hotel transfer partners of Capital One, and such an opportunity is a novelty for its customers. Although both of the loyalty programs were added simultaneously, the transfer terms are slightly different.
With its Accor Live Limitless loyalty program, or just ALL, you may count on the rate of 2:1. This means that every 1,000 Capital One miles will turn into 500 ALL points. According to the program rules, you can convert the transferred rewards not only to nights at participating hotels, but also to gift cards to pay for stays in the finest homes and villas, to car rentals, dining out at eligible restaurants all over the world, donations to the Accor Solidarity fund, and even to trees planted on cocoa production sites.
The Wyndham Rewards loyalty program, in turn, offers a more attractive transfer rate of 2:1.5. When you do the math, 1,000 miles you’ve earned with your Capital One credit card transform into 750 Wyndham Rewards points. In addition to free or discounted nights at over 30,000 Wyndham hotels, vacation club resorts and vacation rentals worldwide, the points can be redeemed for activities (food tours, outdoor adventures, etc.), Marathon gas, merchandise, gift cards (Amazon, Best Buy, Starbucks, etc.), and charitable donations.
In total, the number of all programs available for transferring Capital One miles to now reached 17:
- 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),
- AccorHotels (Accor Live Limitless),
- Wyndham Hotels & Resorts (Wyndham Rewards).
However, this is not the only update Capital One introduced. The issuer also upgraded the miles rate for transfers to JetBlue’s TrueBlue frequent flyer program. Compared to the previous 2:1 rate, it increased by 50% and now equals to 2:1.5, meaning 1,000 Capital One miles = 750 TrueBlue points.
Latest Credit Card Rewards News
When the new year is on the way, everyone wants to not only resume the previous one but also draw up new plans and resolutions. This applies to your credit card rewards as well. If you are a happy owner of a cashback credit card with rotating quarterly categories, you probably were looking forward to December to find out what the issuer would prepare for you this time and where you could get more benefits.
This month, Capital One added an important extra redemption option for some of its credit cards. Such an introduction will surely appeal to lovers of shopping at online stores, and, more precisely, at Amazon.com. Yes, now owners of most Capital One credit cards get the opportunity to spend the rewards they earn on millions of Amazon items (except the restricted ones) due to a new partnership!
It has just been announced that Capital One and Walmart are preparing to release their new product – the Capital One Walmart Rewards Credit Card Program. The program will be available on two new co-branded credit cards that are specially designed for customers shopping at Walmart.
On April 22 the Canadian direct bank Tangerine Bank introduced an improved sign-up bonus offer for their no-annual fee cash back credit card – the Tangerine Money-Back Credit Card. Founded by ING Group in 1997, Tangerine Bank was acquired by Scotiabank in 2012 and now besides the Mastercard cash back card offers savings and chequing accounts, mutual funds and mortgages.
Capital One cardholders have a great opportunity to get cash for miles earned with the Venture Rewards or the VentureOne Rewards cards. The advertising says: “Just pick up and go.” And in fact, Venture travel rewards cards make it easy to earn unlimited miles and redeem for any recent travel purchase.