Capital One Launches 30% Transfer Bonus to Japan Airlines Mileage Bank

Updated: February 1, 2026, 9:35am CST

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Capital One Adds 30% Bonus on JAL Mileage Bank Transfers
Final Thoughts

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If Japan is on your mind, we’ve got a way to get you there for fewer miles. Right now, Capital One is running a 30% transfer bonus to Japan Airlines Mileage Bank.

This promotion, available through February 28, 2026, makes transferring Capital One miles to JAL even more rewarding, as the cost to book premium flights to Tokyo and beyond is lower than usual.

Here’s what you need to know.

Capital One Adds 30% Bonus on JAL Mileage Bank Transfers

Capital One miles recently added 3 new transfer partners — Japan Airlines Mileage Bank, Qatar Airways Privilege Club, and I Prefer Hotel Rewards — bringing its total roster up to 22 partners.

Shortly after the original announcement, we saw a transfer bonus offered. Now, that same 30% transfer bonus to Japan Airlines (JAL) Mileage Bank is back.

Capital One JAL Transfer Bonus — Image Credit: Capital One

Normally, when you move Capital One miles to JAL Mileage Bank, you’ll get 750 JAL miles for every 1,000 Capital One miles transferred. With the 30% bonus, that same 1,000 miles now gives you 975 JAL miles — so your miles go much further during the promotion period. It’s still not 1:1, but it’s better than usual.

Cardholders with the Capital One Venture Rewards Credit Card, Capital One Venture X Rewards Credit Card, and Capital One Venture X Business Card earn unlimited 2x miles on every purchase, which translates to 1.5 JAL miles per $1 spent once transferred under normal circumstances.

Japan Airlines is one of the world’s top carriers, and its Mileage Bank program often has better award availability for premium cabins than you’ll find trying to book those same seats with miles from the airline’s Oneworld partners.

For instance, JAL’s newest business class on the Airbus A350 from New York (JFK) to Tokyo typically costs 110,000 miles each way — and award space is notoriously hard to find through other programs.

Japan Airlines A350-1000 Business Class [New York to Tokyo] — JAL’s new business class. Image Credit: Chris Hassan

With this 30% transfer bonus, though, you’d need to transfer 113,000 Capital One miles, rather than the typical 147,000 you’d need to transfer.

However, if you’re planning on taking advantage of this transfer bonus, keep in mind that new JAL Mileage Bank accounts require a 7-day waiting period before miles can be redeemed.

Hot Tip:

Check out our guide on the best ways to book Japan Airlines business class with points and miles.

Final Thoughts

This 30% transfer bonus is a great reminder of how flexible Capital One miles can be when used strategically. JAL Mileage Bank is already a strong partner, thanks to its award availability and easier access to premium flights to Japan. Cardholders who act quickly can save a big chunk of miles on that bucket list trip to Japan and other parts of Asia.

For those interested, this transfer bonus is available through February 28.