Capital One will devalue Emirates Skywards transfers Jan. 13

Capital One will devalue Emirates Skywards transfers Jan. 13

Capital One will reduce the value of its transfers to the Emirates Skywards program in January.This decision follows similar transfer devaluations from the American Express Membership Rewards and Citi ThankYou Rewards programs for Emirates Skywards earlier this year.Here's what you need to know and how to get ahead of this news.Related: Just enough bling: A review of Emirates' new premium economy on the A380 from Dubai to LondonCapital One deval…

Not Surprising: Capital One Devalues Emirates Skywards Transfer Ratio To 4:3

The Capital One mileage program has just revealed a devaluation to the transfer ratio for one of its partners. This shouldn’t come as a surprise, given similar moves with other points currencies. Capital One to Emirates transfer ratio worsening The Capital One mileage program has roughly 20 airline and hotel transfer partners, and transfers to most partners are at a 1:1 ratio. Unfortunately the transfer ratio for one partner will be devalued soo…

Capital One transfer ratio to Emirates will reduce to 1,000:750

In non-shocking news considering the route that other transferable currencies have gone down in recent months, Capital One has announced that it’ll be reducing the transfer ratio to Emirates by 25% in January. As per the above message on Capital One’s website: Effective January 13, 2026 at 12:00AM ET, the ratio for transferring Capital One Miles to Emirates Skywards Miles will update from 1000 Capital One Miles = 1000 Emirates Skywards Miles to …

Capital One Reducing Emirates Skywards Transfer Rate in 2026

Transferring your Capital One miles to Emirates Skywards will give you less value as of January 13, 2026. Capital One has added messaging to its transfer partners page indicating that you’ll no longer get 1:1 value on transfers to Emirates after this date. While that’s a bummer, it’s not overly surprising, given everything that’s happened with Emirates Skywards in the past year. Here’s what you should know before this change takes place. Capital…