Capital One simply introduced a 20% bonus for level transfers to Flying Blue for sure Capital One cardholders. For individuals who are unfamiliar with it, Flying Blue is the joint rewards program of Air France and KLM.
Capital One launched Flying Blue and 13 different airways as switch companions again in December 2018, with most switch ratios at 2:1.5. That’s not fairly as favorable because the 1:1 switch ratio of most Chase Final Rewards® and AmEx Membership Rewards companions, however it was an awesome begin for a program that beforehand provided redemptions solely within the type of journey credit. Capital One’s newest promotion will increase the Flying Blue switch ratio to 2:1.eight.
To qualify for this promotion, you need to have one among the next Capital One bank cards.
The promotion began on Nov. 1, 2019, and ends on Nov. 30, 2019, at 11:59 PM (ET).
The essential query is whether or not using this Capital One Flying Blue switch bonus is price it for you. Our reply is that it definitely could be, relying on the way you make the most of your rewards.
Flying Blue Promo Rewards are among the best offers on the market with regards to award journey. Each month, the listing will get up to date with award flights discounted as much as 50%. These discounted fares are an effective way to maximise the 20% switch bonus between Capital One and Flying Blue. For instance, proper now you will get 50% off round-trip enterprise class tickets to Europe departing from Minneapolis or Chicago.
Journey dates are between Dec. 31, 2019 – Feb. 28, 2020, and flights have to be booked by Nov. 29, 2019. This brings down the worth of a one-way award ticket between Chicago and Paris to simply 29,000 miles in enterprise class. All it’s a must to do is switch 32,223 Capital One miles for every leg of the journey. Primarily, you’re giving up $322.23 price of journey redemptions in alternate for a one-way enterprise class award to Europe — which we predict could possibly be completely price it.
Flying Blue candy spot redemptions
Even exterior of Promo Rewards, this promotion could make transferring miles from Capital One to Flying Blue price it. For instance, you want simply 43,000 miles round-trip for an economic system class award between San Francisco and Tel Aviv. Beneath this 20% bonus promotion, you’ll solely must switch 47,778 Capital One miles to Flying Blue to be able to safe this award. That’s an superior deal.
Make sure to learn up on Flying Blue candy spots to seek out journey inspiration and study extra about a few of the finest offers utilizing Flying Blue miles.
The significance of evaluating redemption worth
It’s essential to take into account that these 47,778 Capital One miles are price $477.78 towards journey booked if you e-book with Capital One (1 cent every). Barring a mistake fare, you’ll be hard-pressed to discover a round-trip ticket between the West Coast and Tel Aviv for beneath $500. So transferring factors to Flying Blue, on this case, could possibly be a superb worth.
It’s essential to match the worth of your Capital One factors when redeemed for journey immediately vs. transferred to Flying Blue. Even in case you are getting a 20% switch bonus, do the maths so that you perceive whether or not it’s a great worth.
The underside line
Whereas a 2:1.eight switch ratio is a major enchancment, it’s essential to match the worth you’ll obtain from a Flying Blue switch vs. a Capital One redemption. Capital One factors redeemed for direct flight bookings are price 1 cent every. Transferring them to Flying Blue throughout this 20% bonus promotion could make them go even additional, relying on how a lot larger money airfare costs are vs. Flying Blue’s award redemption charges.
Preserve these items in thoughts and Capital One’s 20% switch bonus to Flying Blue can work out in your favor. With the present large welcome bonus from the Capital One® Spark® Miles for Enterprise, this switch bonus promotion turns into much more interesting: Earn 50,000 bonus miles if you spend $5,000 within the first three months and earn 150,000 bonus miles if you spend $50,000 within the first 6 months of your account opening.
If you happen to utilized for this card and count on your factors to put up earlier than the Flying Blue switch promotion finish date, hats off to you. You’ve bought a world of journey potentialities accessible to you, and the deal has simply been sweetened with the 20% switch bonus.
Easy methods to Maximize Your Rewards
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