Yes, Capital One features a robust "flying points" program known as Capital One Miles, which has become one of the most competitive in the 2026 travel market. Unlike fixed-value points, these miles can be transferred to over 15+ airline travel partners, including Air Canada Aeroplan, British Airways (Avios), Flying Blue (Air France-KLM), and Singapore Airlines KrisFlyer. Most transfers occur at a 1:1 ratio, meaning 1,000 Capital One miles become 1,000 airline miles. For those who prefer simplicity, you can also use your miles to "wipe out" travel purchases on your statement at a rate of 1 cent per mile or book directly through the Capital One Travel portal, which offers price-drop protection and predictive pricing. Popular cards like the Venture X and the standard Venture Rewards card earn at least 2 miles per dollar on every purchase, making it easy to accumulate a large "bank" of points that can be turned into international business-class flights or domestic hops across various global alliances.