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Capital One transfer bonus to Air France-KLM: Receive 20% Flying Blue bonus miles

Aug. 30, 2024
5 min read
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Ahead of Labor Day, Capital One launched a very lucrative Air France-KLM transfer bonus. From now through Sunday, Sept. 29, when you transfer your Capital One miles to Air France-KLM Flying Blue, you'll receive 20% bonus miles. Therefore, when you transfer 1,000 Capital One miles, you'll get 1,200 Flying Blue miles, making this offer a 1:1.2 ratio.

Since Flying Blue standardized saver-level award pricing in 2023, you can find one-way award tickets from the U.S. to Europe for:

  • 20,000 miles in economy
  • 35,000 miles in premium economy
  • 50,000 miles in business class

That means that with the current transfer bonus, a one-way saver-level flight from U.S. airports to Paris-Charles de Gaulle Airport (CDG) would cost you just 17,000 Capital One miles in economy, 30,000 miles in premium economy and 42,000 miles in business class.

CAPITALONE.COM

Related: How to find the cheapest redemption rates using Flying Blue miles

These mileage rates are only for saver-level awards, so they may be difficult to come by, especially during peak travel dates. Therefore, having flexibility with your travel plans can help you snag one of these lower-cost award flights. Flying Blue prices other award flights not at the saver level dynamically, so mileage prices can be significantly higher on certain days and routes.

Keep in mind, too, that you will have to pay taxes, fees and surcharges for your flight. But even if you have to pay $200 in extra fees, know that this is still a great transfer bonus deal when looking for transatlantic flights to Europe this fall or in 2025.

Combine Capital One transfer bonus with Flying Blue Promo Rewards

In addition to reaping the benefits of earning additional miles when you transfer your Capital One miles to Flying Blue, you can take advantage of the loyalty program's monthly Promo Rewards for flights to and from Europe.

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While we don't yet know which fares will be discounted for Flying Blue's September promo, the program's current August promotion is offering long-haul flights between Europe and North American cities like Boston, Detroit, Houston and Toronto starting at just 15,000 miles in economy. You must book by Aug. 31, 2024, and the travel dates are only through Jan. 31, 2025.

If you wish to capitalize on this double promotion — Capital One transfer bonus and Flying Blue Promo Rewards — you can potentially fly from Boston Logan International Airport (BOS) to CDG for just 13,000 miles.

In previous tests by TPG staffers, transfers from Capital One to Flying Blue were instant. Note that once you transfer your miles from Capital One, you cannot move them back to your account. Therefore, it's best to make sure you have a redemption in mind and find award availability prior to transferring your miles.

Capital One miles can be transferred in increments of 1,000 miles.

Related: Cashing in Capital One miles? How to get the maximum value when redeeming miles

Which cards earn Capital One miles?

If you're looking to earn a stash of transferable Capital One miles, here are some of our favorite cards offering lucrative welcome bonuses.

  • Capital One Venture X Rewards Credit Card: Earn 75,000 bonus miles after spending $4,000 on purchases in the first three months from account opening.
  • Capital One Venture Rewards Credit Card: Earn 75,000 bonus miles after spending $4,000 on purchases within the first three months from account opening.
  • Capital One Venture X Business: Earn up to 400,000 bonus miles: 200,000 miles after spending $30,000 on purchases in the first three months from account opening, plus an additional 200,000 miles after spending $150,000 on purchases in the first six months.

Bottom line

Credit card transfer bonuses are a great way for travelers to save on award flights. With Capital One's 20% transfer bonus to Flying Blue, you can book a transatlantic flight to Europe for a great deal. Plus, if you double dip on promotions and combine Flying Blue's monthly Promo Rewards with the current transfer bonus, you could potentially travel from the U.S. to Europe in 2025 for only 13,000 miles (plus taxes and fees).

Related reading:

Featured image by ZACH GRIFF/THE POINTS GUY
Editorial disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

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  • $120 Uber Cash on Gold: Add your Gold Card to your Uber account and get $10 in Uber Cash each month to use on orders and rides in the U.S. when you select an American Express Card for your transaction. That’s up to $120 Uber Cash annually. Plus, after using your Uber Cash, use your Card to earn 4X Membership Rewards® points for Uber Eats purchases made with restaurants or U.S. supermarkets. Point caps and terms apply.
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  • No Foreign Transaction Fees.
  • Annual Fee is $325.
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Apply for American Express® Gold Card
at American Express's secure site
Terms & restrictions apply. See rates & fees
Best for dining at restaurants
TPG Editor‘s Rating
4 / 5
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Rewards Rate

4XEarn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year.
4XEarn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year.
3XEarn 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com.
2XEarn 2X Membership Rewards® points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com.
1XEarn 1X Membership Rewards® point per dollar spent on all other eligible purchases.
  • Intro Offer

    As High As 100,000 points. Find Out Your Offer.
  • Annual Fee

    $325
  • Recommended Credit

    Excellent to Good

Why We Chose It

There’s a lot to love about the Amex Gold. It’s a fan favorite thanks to its fantastic bonus-earning rates at restaurants worldwide and at U.S. supermarkets. If you’re hitting the skies soon, you’ll also earn bonus Membership Rewards points on travel. Paired with up to $120 in Uber Cash annually (for U.S. Uber rides or Uber Eats orders, card must be added to Uber app and you can redeem with any Amex card), up to $120 in annual dining statement credits to be used with eligible partners, an up to $84 Dunkin’ credit each year at U.S. Dunkin Donuts and an up to $100 Resy credit annually, there’s no reason that foodies shouldn’t add the Amex Gold to their wallet. These benefits alone are worth more than $400, which offsets the $325 annual fee on the Amex Gold card. Enrollment is required for select benefits. (Partner offer)

Pros

  • 4 points per dollar spent on dining at restaurants worldwide and U.S. supermarkets (on the first $50,000 in purchases per calendar year; then 1 point per dollar spent thereafter and $25,000 in purchases per calendar year; then 1 point per dollar spent thereafter, respectively)
  • 3 points per dollar spent on flights booked directly with the airline or with amextravel.com
  • Packed with credits foodies will enjoy
  • Solid welcome bonus

Cons

  • Not as useful for those living outside the U.S.
  • Some may have trouble using Uber and other dining credits
  • You may be eligible for as high as 100,000 Membership Rewards® Points after you spend $6,000 in eligible purchases on your new Card in your first 6 months of Card Membership. Welcome offers vary and you may not be eligible for an offer. Apply to know if you’re approved and find out your exact welcome offer amount – all with no credit score impact. If you’re approved and choose to accept the Card, your score may be impacted.
  • Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year.
  • Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year.
  • Earn 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com.
  • Earn 2X Membership Rewards® points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com.
  • Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases.
  • $120 Uber Cash on Gold: Add your Gold Card to your Uber account and get $10 in Uber Cash each month to use on orders and rides in the U.S. when you select an American Express Card for your transaction. That’s up to $120 Uber Cash annually. Plus, after using your Uber Cash, use your Card to earn 4X Membership Rewards® points for Uber Eats purchases made with restaurants or U.S. supermarkets. Point caps and terms apply.
  • $84 Dunkin' Credit: With the $84 Dunkin' Credit, you can earn up to $7 in monthly statement credits after you enroll and pay with the American Express® Gold Card at U.S. Dunkin' locations. Enrollment is required to receive this benefit.
  • $100 Resy Credit: Get up to $100 in statement credits each calendar year after you pay with the American Express® Gold Card to dine at U.S. Resy restaurants or make other eligible Resy purchases. That's up to $50 in statement credits semi-annually. Enrollment required.
  • $120 Dining Credit: Satisfy your cravings, sweet or savory, with the $120 Dining Credit. Earn up to $10 in statement credits monthly when you pay with the American Express® Gold Card at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, and Five Guys. Enrollment required.
  • Explore over 1,000 upscale hotels worldwide with The Hotel Collection and receive a $100 credit towards eligible charges* with every booking of two nights or more through AmexTravel.com. *Eligible charges vary by property.
  • No Foreign Transaction Fees.
  • Annual Fee is $325.
  • Terms Apply.