Anyone with Capital One miles who’s eyeing a trip to Australia might want to jump on the transfer bonus with Qantas that’s happening right now

• Some Capital One cards, including the Capital One® Venture® Rewards Credit Card and the Capital One® Spark® Miles for Business, earn miles that you can transfer to airline programs.
• The mileage transfer rate to these airline programs is either 2:1.5 or 2:1, depending on which program you’re transferring to.
• The standard rate for transferring Capital One miles to the frequent flyer program of Australian airline Qantas is 2:1.5, but Capital One is currently running a 33.3% transfer bonus for transfers to Qantas.
• Until October 31, your Capital One miles will transfer to Qantas at a 1:1 rate.

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Source : BusinessInsider.Com