Just as the Citi ThankYou to Virgin Atlantic Flying Club 30% transfer bonus came to an end, Capital One launched a timely 30% transfer bonus to Virgin Red. This is the third transfer bonus involving Capital One miles (joining the Etihad Guest 40% transfer bonus and Cathay Pacific Asia Miles 10% transfer bonus), but the first “traditional” transfer bonus; the Etihad and Cathay Pacific transfer bonuses were promotions from the airline itself.

Capital One To Virgin Red Transfer Bonus Details

Between April 1st, 2024 and April 30th, 2024 you can receive a 30% bonus when transferring Capital One miles to Virgin Red. Normally the transfer ratio is 1.0 : 1.0, but with the bonus it becomes 1.0 : 1.3. You must transfer in lots of 1,000 Capital One miles, which makes the transfer bonus an exchange of 1,000 Capital One miles for 1,300 Virgin Red points. Thankfully, unlike some other transfer partners, the Capital One to Virgin Red transfer is almost instant.

Credit. Capital One. Capital One Miles To Virgin Red Transfer Bonus.

Note: The Capital One transfer bonus is to Virgin Red, the overarching loyalty program of Virgin, and not Virgin Atlantic Flying Club. However, you can transfer points from Virgin Red to Virgin Atlantic Flying Club at no additional cost to maximize the value.

Virgin Atlantic Award Booking “Sweet Spots”

Despite the recent devaluation of the Virgin Atlantic award chart, there are still a number of great award redemptions. While the 30% transfer bonus makes these “sweet spots” even better, it also turns some “bad deals” into “good deals.” Here are some great options for those Virgin Atlantic Flying Club miles:

Economy Class Deals

• Fly Virgin Atlantic From The United States To The United Kingdom For 8,000 Points (Normally 10,000 Points)
• Fly Delta from The West Coast to Hawaii For 12,000 Points (Normally 15,000 Points)
• Fly Air France From The United States To Europe For 12,000 Points (Normally 15,000 Points)
• Fly KLM From The United States To Europe For 12,000 Points (Normally 15,000 Points)

Business Class Deals

• Fly ANA From The United States To Japan for 35,000 Points (Normally 45,000 Points)
• Fly Virgin Atlantic From The Untied States To The United Kingdom For 37,000 Points (Normally 47,500 Points)
• Fly Air France From The United States To Europe For 38,000 Points (Normally 48,500 Points)
• Fly KLM From The United States To Europe For 38,000 Points (Normally 48,500 Points)
• Fly Delta From The United States To Europe For 39,000 Points (Normally 50,000 Points)
• Fly Air New Zealand From The United States To New Zealand For 49,000 Points (Normally 62,500 Points)
• Fly ITA From The United States To Italy For 58,000 Points (Normally 75,000 Points)

First Class Deals

• Fly ANA From The United States To Japan For 56,000 Points (Normally 73,000 Points)

As with all award bookings, take specific note of the potential taxes and fess. On some Virgin Atlantic flights, the one-way taxes and fees can reach $1,000 per person.

Credit. ANA. ANA First Class “The Suite.”

Final Thoughts

Despite the extra step with Virgin Red, this essentially amounts to a 30% transfer bonus from Capital One to Virgin Atlantic Flying Club. The 30% transfer bonus to Virgin Atlantic Flying Club (Virgin Red), while not game changing, still unlocks significant value. With multiple flight opportunities to popular destinations like France, Japan, and the United Kingdom (for under 40,000 points in Business Class), this transfer bonus unlocks incredible value. However, many award flights operated by Virgin Atlantic charge exorbitant taxes and fees. If you want to avoid these fees, try to book the same flights with SkyTeam partners Air France-KLM, as the Flying Blue program has a 25% transfer bonus from Chase.