Get up to a 40% transfer bonus when you transfer Capital One Miles to Etihad Guest.

From now until March 31st, Etihad Guest is running their own transfer bonus.

Of all eligible partners, the only US participating bank is Capital One. You will get between 20% and 40% bonused depending on how much you transfer. You won’t find the promo on Capital One’s website.

Complete a points transfer between 03 March 2025 (00.00am UTC+4) and 31 March 2025 (23.59pm UTC+4) and receive up to 40% of bonus miles.

• Etihad Guest members who transfer 0 to 9,999 miles, will receive 20% Bonus miles on each transaction.
• Etihad Guest members who transfer above 10,000 to 49,999 miles, will receive 30% Bonus miles on each transaction.
• Etihad Guest members who transfer from 50,000 and above miles, will receive 40% Bonus miles on each transaction. 

Now, should you transfer? My opinion is that only an expert user of Etihad Guest should even consider it. If booking on Etihad itself (which you might do for access to Etihad First Class space), you will pay between 25% and 75% to cancel a GuestSeat (saver) booking. That is the most punitive of any program I can think of. You can use it to book JetBlue (80k US-Europe in business) but you can also use Qatar for that without the punitive penalties.

You can book short haul partner awards like AA for as little as 6,000 miles, but I don’t think the juice is worth a speculative squeeze. Then again, AA to Europe for 65,000 Etihad isn’t bad with a 40% transfer bonus… You can always check pricing for Etihad Partners if considering it and you can view. the promotion page here.