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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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Update: Some offers mentioned below are no longer available.

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.

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.

TPG featured card

Rewards rate
5X milesEarn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel
2X milesEarn unlimited 2X miles on every purchase, every day
Intro offer
Open Intro bonus
Enjoy a $250 travel credit & earn 75K bonus miles
Annual fee
$95
Regular APR
19.49% - 28.49% (Variable)
Recommended credit
Open Credit score description
670-850Excellent, Good

Pros

  • Stellar welcome offer of 75,000 miles after spending $4,000 on purchases in the first three months from account opening. Plus, a $250 Capital One Travel credit to use in your first cardholder year upon account opening.
  • You'll earn 2 miles per dollar on every purchase, which means you won't have to worry about memorizing bonus categories
  • Rewards are versatile and can be redeemed for a statement credit or transferred to Capital One’s transfer partners

Cons

  • Highest bonus-earning categories only on travel booked via Capital One Travel
  • LIMITED-TIME OFFER: Enjoy $250 to use on Capital One Travel in your first cardholder year, plus earn 75,000 bonus miles once you spend $4,000 on purchases within the first 3 months from account opening - that’s equal to $1,000 in travel
  • Earn unlimited 2X miles on every purchase, every day
  • Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
  • Receive up to a $120 credit for Global Entry or TSA PreCheck®
  • Use your miles to get reimbursed for any travel purchase—or redeem by booking a trip through Capital One Travel
  • Enjoy a $50 experience credit and other premium benefits with every hotel and vacation rental booked from the Lifestyle Collection
  • Transfer your miles to your choice of 15+ travel loyalty programs
  • Top rated mobile app