Capital One has announced the addition of three new transfer partners to its already impressive lineup: Japan Airlines Mileage Bank, Qatar Airways Privilege Club, and I Prefer Hotel Rewards. With these new partners, Capital One now has an impressive total of 22 transfer partners.
The addition of Japan Airlines particularly grabbed my attention because, until now, it has been difficult to earn JAL miles through credit card transfers. In the past, I’ve been frustrated by the limited options available for earning JAL miles.
Here’s what both current and prospective cardholders should know about these new partners.
New Capital One transfer partners
Which Capital One cards allow transfers?
The Capital One Venture X Rewards Credit Card is a premium credit card with a myriad of benefits and a lower annual fee than other high-end cards with similar features.
- Annual $300 credit for bookings through Capital One Travel
- 10,000 bonus miles after every card anniversary
- Unlimited complimentary access to 1,300+ airport lounges, including Capital One Lounge locations
- Long list of valuable travel and shopping protections, including return protection, rental car coverage and trip delay reimbursement (Benefit(s) only available to accounts approved for the Visa Infinite card. Terms apply.)
- Limited bonus spending categories compared to other premium credit cards
- High annual fee
- High credit score requirement (excellent credit)
Highlights
Highlights shown here are provided by the issuer and have not been reviewed by CNBC Select’s editorial staff.
- Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening, equal to $750 in travel
- Receive a $300 annual credit for bookings through Capital One Travel, where you’ll get Capital One’s best prices on thousands of trip options
- Get 10,000 bonus miles (equal to $100 towards travel) every year, starting on your first anniversary
- Earn unlimited 10X miles on hotels and rental cars booked through Capital One Travel and 5X miles on flights and vacation rentals booked through Capital One Travel
- Earn unlimited 2X miles on all other purchases
- Enjoy access to 1,300+ lounges worldwide, including Capital One Lounge locations and Priority Passâ„¢ Â lounges, after enrollment
- Use your Venture X miles to easily cover travel expenses, including flights, hotels, rental cars and more. You can even transfer your miles to your choice of 15+ travel loyalty programs
- Enjoy a $100 experience credit and other premium benefits with every hotel and vacation rental booked from the Premier Collection
- Receive up to a $120 credit for Global Entry or TSA PreCheck®
Balance transfer fee
$0 at the Transfer APR, 4% of the amount of each transferred balance that posts to your account at a promotional APR that Capital One may offer to you
Foreign transaction fees
The Capital One VentureOne Rewards Credit Card earns transferrable miles, which is a stand-out benefit for a no-annual-fee card.
- You can transfer miles to over 15 Capital One partners, including Emirates Skywards, Choice Privileges and Singapore Airlines KrisFlyer
- No annual fee
- Limited bonus spending category that only applies to certain Capital One Travel bookings
- No travel credits and limited travel protections
Highlights
Highlights shown here are provided by the issuer and have not been reviewed by CNBC Select’s editorial staff.
- LIMITED-TIME OFFER: Earn $300 in travel bonuses. Enjoy $100 to use on Capital One Travel in your first cardholder year, plus earn 20,000 bonus miles once you spend $500 on purchases within the first 3 months from account opening – that’s equal to $300 in travel
- $0 annual fee and no foreign transaction fees
- Earn unlimited 1.25X miles on every purchase, every day
- Miles won’t expire for the life of the account and there’s no limit to how many you can earn
- Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel
- Use your miles to get reimbursed for any travel purchase—or redeem by booking a trip through Capital One Travel
- Transfer your miles to your choice of 15+ travel loyalty programs
- Enjoy 0% intro APR on purchases and balance transfers for 15 months; 18.99% – 28.99% variable APR after that; balance transfer fee applies
Balance transfer fee
3%Â for the first 15 months; 4% at a promotional APR that Capital One may offer you at any other time
Foreign transaction fee
You can also earn transferable miles with these other Capital One cards, including:
Japan Airlines Mileage Bank
Transfer ratio: 2:1.5 (1,000 Capital One miles = 750 JAL miles)Â
Special launch bonus: 30% transfer bonus through Oct. 22, 2025
Japan Airlines (JAL) is the most exciting new addition to Capital One’s list of transfer partners. Previously, JAL could only be accessed as a transfer partner through Bilt Rewards and Marriott Bonvoy, with Marriott offering a poor transfer ratio of 3:1. Now, Capital One cardholders have direct access to one of Asia’s premium airlines.
JAL is known for its exceptional service, making it a highly sought-after choice in the rewards travel space. The value of JAL miles is particularly evident in their award chart pricing for flights between many major cities in the U.S. and Japan.
- Economy: 27,000 JAL miles one-way
- Premium Economy: 40,000 JAL miles one-way
- Business Class: 55,000 JAL miles one-way
- First Class: 110,000-140,000 JAL miles one-way
With the current 30% transfer bonus, you’d need just 28,000 Capital One miles to book a one-way economy flight to Tokyo. That’s an incredible value that gives you a nearly 1:1 transfer rate. The taxes and fees for these awards aren’t insignificant. However, at these rock-bottom rates, paying $200+ in fees for an economy award is still a solid deal.
One important caveat is, new JAL Mileage Bank members must wait seven days before redeeming miles. Although that’s much shorter than the standard waiting period of 60 days. Regardless, it’s worth opening a JAL account immediately if you don’t have one.
JAL is also part of the Oneworld Alliance (with a separate award chart), so you can use these miles on American Airlines, British Airways, Cathay Pacific, and other partners, not just for flights on Japan Airlines.
Qatar Airways Privilege Club
Transfer ratio: 1:1 (1,000 Capital One miles = 1,000 Avios)
Qatar Airways operates one of the world’s best business class products, known as Qsuites. I had the chance to experience it on a flight from Doha to Paris last fall, and it truly lives up to the hype.
This new partnership is more about convenience than expanding options. Capital One cardholders could already access Qatar Airways awards by transferring to British Airways first, then moving those Avios to Qatar. This new partnership eliminates that extra step.
Qatar Airways operates on the Avios currency system, which British Airways, Iberia, Aer Lingus, and several other airlines also use. You can transfer Avios between these programs at no additional cost, offering you a great deal of flexibility.
I Prefer Hotel Rewards
Transfer ratio: 1:2 (1,000 Capital One miles = 2,000 I Prefer points)
The I Prefer Hotel Rewards program is the loyalty program of Preferred Hotels & Resorts, which operates a collection of over 600 independent luxury properties across 80+ countries. Award nights start at 15,000 points but can go up to 150,000 points for premium properties. Keep in mind that you aren’t able to book award stays entirely with points at every hotel.
This partnership may have limited appeal for most cardholders; however, if you find the right redemption, you can still get excellent value. That said, Citi ThankYou points transfer to I Prefer at a much better 1:4 ratio. As a general rule of thumb, always calculate and compare both the cash price and the points redemption value before booking.
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Bottom line
These additions make Capital One miles more valuable, especially for travelers interested in premium cabin flights to Asia. For example, you could earn the Capital One Venture Rewards Credit Card’s welcome bonus and have enough miles to book a one-way business-class flight from the U.S. to Japan.
My advice? If you don’t already have a JAL Mileage Bank account, open one as soon as possible. Even if you don’t have travel plans to Japan right now, having the account ready means you won’t face the seven-day waiting period when you want to transfer miles.
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