Right now, when you transfer Capital One miles to TAP Air Portugal, you can get an extra 5,000 miles. The minimum transfer amount is 5,000. Reportedly, TAP can be a good option for redemptions from North America to Africa and from Asia to the Middle East, though I haven’t really looked into the details myself. Interested readers can give it a try.
Capital One has been making quite a few moves lately, adding a number of transfer partners and improving transfer ratios. It seems the issuer wants to compete more directly with Chase, AMEX, and Citi for business travelers.