Travelers with cards like the Capital One Venture X Rewards Credit Card and the Capital One Venture Rewards Credit Card can get a 30% bonus when transferring Venture Miles to Virgin Points. After some brief issues with those bonus points not processing correctly (as flagged by Award Wallet this weekend), we've confirmed everything is working as it should on Monday morning.
This bonus lasts through today, Oct. 31, so you've got just a few hours remaining to come up with a plan to put some points to use. While Capital One requires you to transfer at least 1,000 Venture Miles, you can then send points in additional increments of 100 – allowing travelers to fine-tune their transfers for exactly how many points or miles they need.
Read our full guide on how to transfer Capital One miles!
Using transfer partners like Virgin Atlantic is one of the best ways to use Capital One Venture Miles for even more value. And this transfer bonus makes it even better – think of it as a way to get some free airline miles. If you don't already use Virgin Atlantic or know much about their Flying Club program, you should. Thanks to some excellent partnerships, you can use points with Virgin Atlantic to book an amazing flight to Europe in Delta One business class for as low as 39,000 points or even a lie-flat seat to Japan and back at an enormous discount, among other opportunities.
But calling this a Virgin Atlantic transfer bonus is actually a bit of a misnomer. In reality, Capital One added Virgin Red – the overarching loyalty program not just for the airline but other Virgin brands like Virgin Hotels, Virgin Voyages, and more – as its latest transfer partner back in March. That means you can earn and use a 30% bonus across the board. Just beware that it'll require a few extra steps to sign up and link accounts so you can put these points to use.
Take a look to see how it's done and how you can make the best use of this bonus before it ends.
Getting Set Up For Your Transfer
Already got a Virgin Atlantic Flying Club account? That's not enough.
In order to transfer your Capital One Venture Miles, you'll need a Virgin Red account. To get started, just head to the Virgin Red homepage and choose the option “Join Virgin Red.” After a quick email verification and some personal details, finalize your enrollment. Immediately, you should be prompted to link your Virgin Red account with your airline account, Virgin Atlantic Flying Club.
If you plan to use this bonus to book flights, pick “Link Flying Club account” and you should see the option to log in to your Virgin Atlantic airline account. Tap in those details and once that's done, your Virgin Red and Virgin Atlantic accounts should be linked! You'll want to set up a Virgin Atlantic account first if you don't already have one.
From there, you're ready to transfer Capital One miles to Virgin … kind of. Rather than transferring miles straight into your Virgin Atlantic account, you'll be transferring to Virgin Red – and that means you need your Virgin Red ID.
Unlike frequent flyer accounts that are typically a series of nine-plus numbers, Virgin Red IDs are a series of four short words strung together. Odd, we know. To find yours, head to your Virgin Red account and click the “Personal Details” tab. You'll find your Virgin Red ID all the way at the bottom.
Copy that ID and head back to your Capital One account. That's what you'll need to enter (twice) under “Membership #” to transfer Venture Miles correctly. Again, there's a bit of a misnomer here.
On the bright side, these transfers are instant. And once you've transferred points to Virgin Red, you should see that new balance automatically reflected in your Virgin Atlantic airline account, too.
Best Ways to Use This 30% Bonus
Transferring miles to Virgin Red could go far beyond booking flights via Virgin Atlantic, but that's where we're going to focus … because there's so much potential value there whether you're looking to fly Delta to Hawaii or Europe, book a flight on Air France or KLM, or even fly ANA to a recently reopened Japan.
One warning: Virgin Atlantic’s website can be a tad difficult to navigate. Getting award flights to show up on a given route can take a few tries. One good trick is to search for airports by country or region and pick them, rather than manually typing in the city name or airport code.
Unfortunately, Virgin Atlantic recently made it even harder by removing a handy award calendar you could use to scroll through a month's worth of flights at a time. Fortunately, there's a workaround you can use to still pull this feature up.
Trust us: It's worth a little extra patience. With this 30% bonus, a transfer of 50,000 Capital One Venture Miles would get you 65,000 Virgin Atlantic points. These transfers generally clear immediately – meaning the points will be available in your Virgin Atlantic account as soon as you make the transfer. Chase is also running an identical 30% transfer bonus to Virgin Atlantic through Nov. 12.
So what can you book?
Big Delta Deals
We don’t need to tell you that trying to understand the value of Delta SkyMiles can be frustrating. There’s no award chart, so the airline’s pricing when booking a flight with miles can be all over the map. Often, a Delta award flight can be obscenely expensive – especially if you want to fly business class.
Enter Virgin Atlantic. You can easily use Virgin Atlantic to book the exact same Delta flight and save a boatload of SkyMiles. The London-based airline offers a far more stable – and frequently cheaper – alternative to book Delta flights than using SkyMiles outright.
Case in point, it’s next to impossible to find decent rates flying Delta One business class using miles. The airline regularly charges 300,000 SkyMiles or more for a business class seat to Europe, including the new Delta One suites.
But with Virgin Atlantic, it's just 50,000 miles to fly Delta One to Europe. Unfortunately, Virgin Atlantic destroyed a similar sweet spot to get to Asia for just 60,000 miles last year.
Still, there's plenty of value here with redemptions to Europe – though you'll have to be flexible, as finding these seats at such cheap rates through Virgin Atlantic has gotten much harder in recent years. But when you can, it's a steal. Here's an example.
Delta is charging almost 350,000 SkyMiles to fly Delta One from Minneapolis-St. Paul (MSP) to Amsterdam (AMS) next year. That's just a one-way flight. Ouch.
But you can book the exact same flight – same plane, same seat, same day – through Virgin Atlantic for just 50,000 miles. Factor in this 30% bonus, and you only need to transfer 39,000 Capital One miles to make it happen.
Booking that for just 39,000 points is one of the best deals you'll find in the world of points and miles. It can require some flexibility to lock in flights at these low rates. It all hinges on finding award availability, and you won't see that every day. But it's gotten a bit easier lately: We've sent Thrifty Traveler Premium members several alerts in just the last few months to book this same deal for a trip later this year or in 2023.
Get alerts for the best ways to use your points and miles with Thrifty Traveler Premium!
Just remember: Never transfer points to Virgin Atlantic (or any airline) until you know the flights you want to book are available. These transfers are a one-way street – you can't get them back to your Capital One account.
Read our guide on booking Delta flights with Virgin Atlantic miles, and you'll be ready to start hunting for the deal of a lifetime.
One other great way to save some SkyMiles on Delta flights? Nonstop flights from the mainland U.S. to Hawaii, which cost 30,000 to 45,000 miles round-trip in economy, depending on where you're starting from. There can be huge savings over what Delta typically charges for the same flights.
Flights from West Coast cities like Seattle (SEA) or Los Angeles (LAX) will run you just 30,000 miles roundtrip, while a midwestern city like Minneapolis-St. Paul (MSP) jumps to 45,000 miles roundtrip. At 45,000 miles through Virgin Atlantic, you could book by transferring just 35,000 Capital One miles!
Delta typically charges almost 80,000 SkyMiles for these exact same flights!
Fly in Style with ANA
Japan is open. You can also use this transfer bonus to score an amazing deal on a trip to Japan on one of the world’s best airlines.
ANA is one of Japan’s flag carriers, and it lives up to its five-star reputation. Its first class cabin is spacious, private, and offers some of the best catering in the aviation world. Its new business class seats rival Qatar Qsuites for #1 in the world, too.
We’ve written before about the incredible value of using ANA to get to Japan for cheap in business class. But Virgin Atlantic also has a sweet spot for booking ANA flights, and this transfer bonus makes it even sweeter.
A round trip first class flight from Los Angeles (LAX) to Tokyo, Japan (HND) or San Francisco (SFO) to Tokyo-Narita (NRT) would require just 85,000 Capital One miles. Or you could get from Chicago-O'Hare (ORD) or New York City (JFK) to Tokyo for just 93,000 Capital One Venture Miles. That’s just over what United charges for a one-way fare in business class.
Much like booking Delta One via Virgin Atlantic, finding award availability on ANA can be a chore. First Class availability is practically nonexistent these days, so focus on a business class booking. These days, booking within three weeks of departure seems to be your best bet.
You can't book these flights online through Virgin Atlantic, which means it requires a bit of extra legwork. You'll want to search for award availability through a site like United.com and then ring up Virgin Atlantic at 1-800-365-9500 when you're ready to book.
Read our guide to booking ANA flights with Virgin Atlantic miles
Of course, ANA’s business class is nothing to scoff at either – especially if you can snag the brand new business class seats it calls “The Room” which are currently flying from New York City (JFK) and Los Angeles (LAX) – and, soon, Chicago-O'Hare (ORD) too.
With this transfer bonus, it could be yours by transferring just 70,000 Capital One Miles. Thanks to some steep fuel surcharges that ANA has added in recent months, you'll also be on the hook for about $1,000 in taxes and fees.
Fortunately, Virgin Atlantic has a reasonable $50 fee to cancel award tickets and get your miles back if plans change.
Capital One is sweetening the deal with one of its best transfer partners with a 30% transfer bonus to Virgin Red.
While it'll take an extra step or two to put that to use for booking flights via Virgin Atlantic, there are some incredible ways to put this bonus to use. Just remember: You need to transfer those points today, as this bonus ends Oct. 31.
Lead photo courtesy of Delta