You have two options when using Capital One points. You can either cash them out for 1 cent per point for travel or transfer them to an airline. Below are Capital One’s airline transfer partners, the amount of time airline transfers take, and our recommendations for airlines to transfer your points to.
Airline Alliance Ratio Transfer Time Recommended Aeromexico SkyTeam 2 to 1.5 Instant No Air Canada Aeroplan Star Alliance 2 to 1.5 Instant Yes Air France/KLM SkyTeam 2 to 1.5 Instant Maybe Alitalia SkyTeam 2 to 1.5 Instant No Avianca Star Alliance 2 to 1.5 Instant Yes Cathay Pacific OneWorld 2 to 1.5 36 hours Yes Emirates None 2 to 1 Instant No Etihad None 2 to 1.5 24 hours Yes EVA Air Star Alliance 2 to 1.5 36 hours Maybe Finnair OneWorld 2 to 1.5 Instant No Hainan None 2 to 1.5 36 hours No Qantas OneWorld 2 to 1.5 24 hours No Qatar OneWorld 2 to 1.5 24 hours No Singapore Star Alliance 2 to 1 36 hours No
You have two options when using Capital One Venture or Spark card points. You can either cash them out for 1 cent per point or transfer them to an airline a 2 to 1.5 airline point ratio for the following airlines:
Aeromexico (SkyTeam)- Not Recommended. Aeromexico has a decent around the world chart at 224,000 miles in economy and 352,000 in business, but there are better partners to use your points on.
Air Canada Aeroplan (Star Alliance)- Recommended. Aeroplan has great routing rules that allow for multiple stopovers.
Air France/KLM Flying Blue (SkyTeam)- Depends on Award. Air France offers promo awards several times per year, which can be a great deal for redeeming on Air France.
Alitalia (SkyTeam)- Not Recommended. Until their bankruptcy proceedings are completed and a buyer is found, I would not put transfer any points to Alitalia.
Avianca LifeMiles (Star Alliance)- Recommended. LifeMiles does not pass on partner fuel surcharges, which makes it a great option for Lufthansa business or first class.
Cathay Pacific Asia Miles (OneWorld)- Recommended. Cathay’s OneWorld distance based chart is still a great value despite a recent devaluation.
Etihad (No alliance)- Recommended. Etihad has a very good American Airlines and Royal Air Maroc award chart.
Emirates (No Alliance)- Not recommended. Emirates is a 2 to 1 transfer ratio and their points program does not offer great values.
EVA (Star Alliance)- Decent. EVA has a few sweet spots, but there is good value if you want to travel within a large region such as the South Pacific or Central/South Africa.
Finnair (OneWorld)- Not Recommended.
Hainan (No alliance)- Not Recommended.
Qantas (OneWorld)- Decent. Qantas has a pretty good distance based award chart. You could fly up to 35,000 miles in business class for 280,000 points.
Qatar (OneWorld). Not Recommended. Qatar did a major devaluation of their points program and is no longer a good deal.
Singapore Airlines (Star Alliance)- Not Recommended due to 2 to 1 transfer ratio. You can transfer to Singapore Airlines at a 1 to 1 ratio from American Express, Citi, and Chase.