Capital One added Copa Airlines ConnectMiles to its list of airline transfer partners, a change first reported on November 2, 2026. Unlike most of Capital One's partners, the new one does not transfer at 1:1. Miles move at a 2:1.5 ratio, so 1,000 Capital One miles become 750 ConnectMiles. The minimum transfer is 1,000 miles, according to Frequent Miler, which first reported the addition.
To mark the launch, Capital One is running a 30% transfer bonus through 11:59 p.m. Eastern on December 1, 2026. With the bonus, 1,000 Capital One miles land as 975 ConnectMiles, still a little short of 1:1.
How it compares
Copa has been a popular addition across the major programs this fall. Citi added ConnectMiles as a ThankYou transfer partner in late October at 1:1 for annual-fee cards such as the Strata Premier and Strata Elite, so those cardholders get a better rate than Capital One's bonus-boosted 0.975. Citi's no-annual-fee cards, including the Citi Strata, transfer at 1,000:700. Rove Miles also transfers to Copa at 1:1. For Capital One cardholders the appeal is access to Copa's ConnectMiles program and its Star Alliance partner awards, rather than the exchange rate itself.
Who this affects
The partner applies to Capital One cards that earn transferable miles, such as the Venture X and Venture Rewards cards. The bonus applies to transfers completed before the deadline.
Even with the bonus, 2:1.5 is a weak baseline, and the 30% boost disappears on December 2. Cardholders with a specific Copa award in mind should price it before the deadline; everyone else loses nothing by waiting to see whether Capital One improves the rate.