Capital One Updates: Adds Virgin Red Partner, 20% Transfer Promo, Flight Cancellation Option

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A few bits of news out of Capital One today which we heard from our contact there:

  • The Venture X signup bonus of 100,000 + $200 will be valid until March 14th. We don’t know what will be beyond that.
  • In the coming weeks Virgin Red will be added as a new 1:1 miles transfer partner. Capital One is the first US credit card issuer to partner with Virgin Red, the new loyalty program for the Virgin family of brands. This move will bring the number of 1:1 transfer partners up to 16.
  • Additionally, Capital One is launching 20% bonus promotions with AeroMexico (Club Premier), Avianca (LifeMiles) and Wyndham Hotels & Resorts (Wyndham Rewards).  These promotions begin March 1 and will be available through March 31.
  • Over the next few weeks, Capital One Travel will be rolling out the option to cancel a flight for any reason up to 24 hours before first scheduled departure. This option will have a small upfront fee and will get you back most of the ticket cost. Canceling only takes a few clicks, with no questions asked. We don’t have exact details on what the cost will be.



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