Key Points:
- Capital One adds Japan Airlines, Qatar Airways & I Prefer Hotel Rewards.
- New cardholders get $100 travel credit via Capital One Travel.
- Free Hertz status upgrades boost rental perks.
Capital One Adds Three Transfer Partners-Japan Airlines Mileage Bank, Qatar Airways Privilege Club, and I Prefer Hotel Rewards. This expansion gives cardholders a wider range of options to redeem their miles across airlines and hotels, further strengthening the flexibility of Capital One’s travel rewards ecosystem.
Under the updated transfer structure, miles convert to Japan Airlines at a 2:1.5 ratio, Qatar Airways at 1:1, and I Prefer Hotel Rewards at 1:2. While Qatar Airways and I Prefer transfers are processed instantly, Japan Airlines transfers may take longer, particularly for new Mileage Bank accounts, which face a seven-day redemption holding period.
Capital One Adds Three Transfer Partners, opening up significant opportunities for travellers. Japan Airlines provides access to Asia and the broader Oneworld alliance, Qatar Airways connects travellers to an extensive global network with its premium business-class product, and I Prefer Hotel Rewards adds a range of boutique and independent hotels worldwide.
30% Bonus on Japan Airlines Transfers
Capital One Adds Three Transfer Partners, including Japan Airlines, Capital One has introduced a limited-time 30 per cent transfer bonus, available until October 22, 2025. This offer boosts the conversion rate, making each Capital One mile more valuable when transferred to Japan Airlines.
Ordinarily, 1,000 Capital One miles convert into 750 JAL miles. With the promotion, the same amount yields 975 JAL miles, substantially improving the redemption value. This makes aspirational itineraries, such as Japan Airlines’ business class between New York and Tokyo, more attainable. A seat that usually requires 110,000 JAL miles can now be booked with about 85,000 Capital One miles during the promotional period.
Howevertravellersrs must plan due to the waiting period for newly created JAL accounts. Even with the bonus, miles cannot be redeemed immediately after the transfer until the mandatory seven-day holding time has passed.
Implications for Travellers
The addition of these partners underlines Capital One’s growing ambition to position itself as a top player in the travel rewards market. By offering more transfer options, the bank is appealing to travellers seeking flexibility in how they maximise their miles.
For frequent flyers, Qatar Airways and Japan Airlines open up valuable opportunities for long-haul premium travel, while I Prefer may appeal to those looking for distinctive boutique stays not covered by mainstream hotel chains. Yet, experts advise cardholders to verify award availability before making transfers, since conversions are final and non-reversible.
While hotel redemptions through I Prefer may vary in value depending on the property and season, the airline partnerships, particularly with the 30 per cent JAL bonus, stand out as high-value options for those planning international trips.
Capital One Adds Three Transfer Partners, reinforcing its strategy to strengthen its loyalty ecosystem with competitive partnerships and attractive incentives. For travellers eyeing Asia or luxury international journeys, this is a timely opportunity to stretch their miles further-especially before the JAL transfer bonus ends next month.
