The Venture Card was already one of my favorite travel credit cards because you can earn two points for every dollar spent and no blackout dates when redeeming points for travel. When it was announced that the Capital One Venture Card was adding transfer partners for its points, the travel world went nuts. This catapulted the value of the Venture Card card over many others and put this credit card in the first position for many travelers. Today, it was announced that Capital One added two additional transfer partners, bringing the total transfer options to 14. Read on to find out who they are and how to transfer points to them. Also effective today, transfers to these airlines partners is now live.
This article will cover
- Benefits of the Capital One Venture Card
- Capital One Adds Two New Travel Partners; 14 Total
- How Do Transfers To Airline Partners Work?
- What’s In Your Wallet?
Benefits of the Capital One Venture Card
The Capital One Venture Card has a valuable list of benefits that any traveler would love.
Earn Unlimited Two Points Per Dollar Spent
This credit card earns an unlimited two points for every dollar that you spend. You don’t have to worry about capacity limits or registering for bonus points, unlike some credit cards. And you don’t have to remember which categories of spend receive bonus points.
No Blackout Dates
When you redeem points for travel, there are no blackout dates. That is one of the primary complaints about hotel and airline credit cards. Simply book your travel and pay for it with the Capital One Venture Card. When the charges hit your account, use the Purchase Eraser up to 90 days after the purchase was made.
I love that you can continue to earn points for 90 days after the fact to offset purchases. This way you can book now and earn later. Even if you can’t use points for the entire purchase amount, you can get closer using this benefit.
TSA PreCheck and Global Entry Reimbursement
Having TSA PreCheck and Global Entry has really improved my travel lifestyle. At $20 per year for Global Entry or $17 per year for TSA PreCheck, they are one of the best travel investments I make each year. Although I break it down into a yearly number, when you sign up for either of these programs, you pay for them five years at a time. Global Entry is $100 and TSA PreCheck is $85.
Capital One® Venture® Rewards Credit Card
- Enjoy a one-time bonus of 50,000 miles once you spend $3,000 on purchases within 3 months from account opening, equal to $500 in travel
- Earn 2X miles on every purchase, every day. Plus earn 10X miles on thousands of hotels through January 2020; learn more at hotels.com/venture
- Named ‘The Best Travel Card' by CNBC, 2018
- Receive up to $100 application fee credit for Global Entry or TSA Pre✓®
- Fly any airline, stay at any hotel, anytime; no blackout dates. Plus transfer your miles to over 12 leading travel loyalty programs
- Miles won't expire for the life of the account and there's no limit to how many you can earn
- No foreign transaction fees
- $0 intro annual fee for the first year; $95 after that
When you sign up for Global Entry, you automatically receive TSA PreCheck as well. The Capital One Venture Card will reimburse you for up to $100 once every four years. It is one of the few credit cards that have an annual fee of less than $100 that will reimburse you for these awesome programs.
Earn 10x Points at Hotels.com
When you book a hotel room at Hotels.com/venture you will earn 10x points on your reservation. This benefit will be available through January 2020.
If you were to transfer those points to an airline partner, that would be the equivalent of up to 7.5 airline miles per dollar spent. If you’re a member of Hotels.com Rewards, you can also double-dip and earn a free hotel night with every 10th booking.
Capital One Adds Two New Travel Partners; 14 Total
The internet almost broke when Capital One announced that the Capital One Venture Card would add transfer partners. With so many other banks reducing benefits for their credit cards, it was surprising that a bank was actually adding such tremendous value. And the fact that they did so without raising the annual fee or imposing restrictions was simply amazing.
The original 12 transfer partners and their transfer ratios are:
|Transfer Partner||Venture Miles||Target Rewards Program|
|Aeromexico Club Premier||1000||750|
|Air Canada Aeroplan||1000||750|
|Cathay Pacific Asia Miles||1000||750|
|EVA Infinity MileageLands||1000||750|
|FlyingBlue (Air France & KLM)||1000||750|
|Hainan Airlines Fortune Wings Club||1000||750|
|Qantas Frequent Flyer||1000||750|
|Qatar Privilege Club||1000||750|
Today, it was announced that Capital One is adding two additional transfer partners that travelers will also love.
|Transfer Partner||Venture Miles||Target Rewards Program|
With so many transfer partners, Capital One Venture Card cardholders can earn up to 1.5 airline miles on every dollar that they spend.
How Do Transfers To Airline Partners Work?
When the addition of airline transfer partners was first announced, there were a few questions left unanswered.
Minimum Transfer Amounts
Cardholders will be required to transfer a minimum of 1,000 Capital One Venture points to an airline transfer partner and in 100-mile increments.
How Long Do Transfers Take?
We still don’t know the answer to this question. As soon as the transfer option goes live, data points will start to surface. The transfer times will undoubtedly vary based on airline, but I’m sure they will be in line with the transfer times with other bank points, like Chase Ultimate Rewards, Citi ThankYou, and American Express Membership Rewards.
What’s In Your Wallet?
This tagline has been Capital One’s signature saying for awhile now. And we’ve advocated that travelers have a balanced wallet of an airline or hotel credit card, a cash back credit card, and a flexible currency card (like the Capital One Venture Card) for years. This way you have the best options for earning and redeeming miles, points, and cash back for your travel needs. With the addition of 14 airline transfer partners, the value of having the Venture Card in your wallet has increased immensely.
Which airline transfer partner most excites you?
If you don’t already have the Capital One Venture Card, does adding airline transfer partners make you want to get one?
Let us know in the comment section below.