It is no secret that I like Transferable credit card points. I’ve leveraged these currencies to ebook a number of premium-class flights and luxurious lodge rooms for myself and my household. They’ve additionally come to the rescue when issues have gone flawed – most not too long ago Saving a trip to Greece Which was derailed because of flight delay.
Nevertheless, even when I am not utilizing them for enterprise class tickets to far-flung corners of the world, these currencies can nonetheless put a number of money in my pocket — particularly once I can add a Transfer bonus to the combination.
This is how I took 45,000 Capital One miles and turned them into flights for round $1,000 for an extended weekend journey.
Signal-up for TPG Daily Newsletter To get factors and miles protection like this in your inbox.
Capital One Switch Bonus to British Airways
As we wrote about it in early August, there are numerous Current transfer bonus From the primary transferable factors packages — together with two from Capital One:
- 20% bonus on transfers to Air France-KLM Flying Blue.
- 20% bonus on transfers to British Airways Avios.
(American Categorical, Chase and Citi all run switch bonuses now and again.)
Certainly one of my colleagues already Got some great value Used the primary for the flight residence from Europe, however I had my eyes on the second.
It’s because British Airways companions with American Airways, and I stay near an American hub — Miami (MIA) — with in depth service to the Caribbean and Latin America. Even higher? British Airways a Distance-based award chartThese quick flights due to this fact require a comparatively small variety of Avios, despite the fact that they usually carry a excessive money value.
Actually, nonstop flights that cowl between 651 and 1,151 miles are available at simply 9,000 Avios every means. And that is precisely what I booked. This is how I did it.
In search of award availability
My spouse and I have been attempting to determine a visit for Labor Day weekend. With solely three days off, we did not need to stray too removed from South Florida and thus spend a number of time touring. After I heard in regards to the switch bonus from Capital One to British Airways, I began zeroing in on American Airways operated flights out of Miami.
That is when I discovered continuous flights to St. Croix (STX). US Virgin Islands Generally that coincides completely with our work and faculty calendars.
Whereas the money value — $336 — wasn’t horrible, I observed that there was saver-level award availability for a night flight from Miami and a day return residence. This was essential, because it meant that flights must be obtainable by means of companion airways comparable to British Airways.
Positive, I may have used 25,000 American miles per particular person, however I discovered Advantage Miles To be overpriced for long-haul, premium-cabin flights. I additionally knew that this route was a chief instance of the place reserving continuous AA flights utilizing Avios is admittedly low-cost.
So, as a substitute, I opted to make use of the switch bonus.
Transferring my miles
The following step was really finishing the switch from Capital One. First, I did some fast math to determine what number of miles I wanted to switch as soon as the bonus was awarded.
At 9,000 Avios every means, that interprets to a round-trip value of 18,000 per particular person. For 3 passengers (me, my spouse and our daughter), that will come to 54,000 Avios.
With out the switch bonus, the following calculation can be easy. As a result of the capital transferred to a mile Majority of partners at 1:1 ratioI’d usually switch 54,000 miles — giving me precisely 54,000 Avios.
Nevertheless, the bonus meant I may switch fewer miles and earn the identical variety of Avios. On this case, a 20% bonus signifies that for each 1 capital mile I earn 1.2 Avios. So, to calculate the variety of miles I must switch, I’ll divide the entire variety of Avios for redemption by 1.2.
That is the components I used:
- 54,000 Avios ÷ 1.2 Avios per capital mile = 45,000.
In different phrases, I must switch 45,000 capital a mile.
Reserving of flights
Nevertheless, I did not do it instantly. Why? As a result of the BA on-line search engine doesn’t acknowledge the St. Croix airport code (STX).
I knew that these American flights ought to Be bookable utilizing Avios, however I did not need to take any possibilities. In spite of everything, changing transferable rewards into airline miles or lodge factors is inevitable. I needed to ensure that this redemption was attainable earlier than the switch – which I knew, based mostly on our circumstances, can be speedy. Capital One Transfer Time Test.
So, I referred to as the British Airways Govt Membership customer support line, and after a brief wait, I used to be related to an agent. I supplied my journey dates and the flights I needed. You see, generally telephone brokers can create an itinerary that you could ebook on-line. Certainly, he was in a position to affirm availability and value: 18,000 Avios plus $15.16 in taxes and charges per particular person.
As soon as I had this info — and whereas I related with the agent — I logged into my Capital One account and began the switch. The The process was very simple. I navigated to the Rewards web page after which clicked on the “Change Rewards” icon:
Each 20% bonuses have been prominently displayed on the high, so I clicked Switch Miles subsequent to the British Airways Govt Membership supply:
From there, I entered my British Airways account quantity and on the following web page, it confirmed that my 45,000 miles can be prolonged to 54,000 Avios (with a 20% bonus):
As I clicked “Full Switch,” I advised the telephone agent. He refreshed the account info on his finish and certain sufficient, he instantly noticed 54,000 Avios.
A couple of minutes later, the three of us have been ticketed on the precise flights we needed.
If we had paid out of pocket, the journey would have set us again $1,008.18. Whenever you take away $45.48 in taxes and charges, my 45,000 Capital One miles received us $962.70 value of flights for a price of two.14 cents per mile. That’s extra Evaluation of TPG And greater than double the worth I get utilizing my Capital One miles a Fixed price for travel purchases.
That made the deal even sweeter? I used to be in a position to name American Airways and alter the frequent flyer quantity to my AAdvantage quantity on the reservation. Which means that I can take pleasure in the advantages My new-found gold statusTogether with the power to pick most popular seats and test a bag without spending a dime.
Associated: What is American Airlines’ elite status in 2022?
Incomes capital a mile
You may replicate this actual technique in case you have a Capital One card that enables transfers to airline and lodge companions. Two, specifically, are favorites right here at TPG: the Capital One Venture X Rewards Credit Card And Capital One Venture Rewards Credit Card.
Each presently supply 75,000 bonus miles when you spend $4,000 on purchases throughout the first three months of account opening, and you will additionally earn at the least 2 miles for each greenback spent on every card. Nevertheless, the Enterprise X is full of further advantages, together with:
- As much as $300 in annual assertion credit for purchases by means of Capital One Travel.
- Limitless entry to Capital OnePrecedence Move and Plaza Premium Lounge.
- Admirable Location of Hertz President Circle.
- 10,000 bonus miles annually in your cardmember anniversary.
- As much as $100 in assertion credit each 4 years for World Entry or TSA Pre-Verify.
That will help you select which card is finest for you, try our Venture Card Comparison.
Transferable bank card currencies can get you extra worth in your rewards, particularly when there’s one Offer a transfer bonus. Through the use of the present 20% bonus to switch Capital One miles to British Airways Avios, I used to be in a position to get practically $1,000 value of flights for simply 45,000 miles.
Whereas it was removed from essentially the most priceless redemption I’ve ever had, it is an ideal instance of how information is energy on the planet of journey rewards. I knew that continuous flights on American Airways represented one Best use of Avios And when mixed with switch bonuses, this candy spot simply received even sweeter.
Most significantly, I am going to get to make reminiscences with my household in a vacation spot we have by no means been to with minimal expense – and that is in all probability essentially the most priceless factor.
Featured photograph courtesy of the US Virgin Islands Division of Tourism.