Capital One to Launch Miles Transfer Program for Venture Travel Rewards
Capital One is launching a new offer for Venture credit card customers. Starting in December, users will be able to transfer their miles to 12 travel rewards programs, with plans to add more travel loyalty partners in the future.
With the Miles Transfer benefit, users can earn miles on their Venture Card and move them to rewards programs for Aeromexico, Flying Blue (Air France and KLM), Hainan Airlines, Alitalia, Aeroplan (Air Canada), Cathay Pacific, Avianca, Etihad Airways, EVA Air, Finnair, Qantas and Qatar Airways.
Venture customers currently earn an unlimited 2 miles on every purchase, and when the benefit launches next month, they can transfer at a rate of 2 Venture miles to 1.5 airline miles to all 12 of these travel programs. Hence, cardholders can earn 1.5 travel loyalty points on every dollar they spend with their Venture card.