Update: Alive again through 8/31 at 11:59pm ET.

Update: DEAD!

You can transfer increments of 1,000 Capital One Miles into 1,150 Avianca Lifemiles through 2/11 at 11:59pm ET.

• Capital One Venture Business Card: Earn a one-time welcome bonus of 100,000 miles once you spend $10,000 on purchases within the first 3 months from account opening. Plus, earn 2 miles per dollar spent on every purchase, $50 annual travel credit, $50 annual software/advertising credit, Global Entry/PreCheck, transfer miles to airlines and hotels, 5K MLB redemptions, and more. No foreign transaction fees. $95 annual fee. Read more here.
• Capital One Venture Rewards Credit Card is offering 75,000 bonus miles for spending $4K in 3 months, plus 2 miles per dollar spent on every purchase, transfer miles to airlines and hotels, 5K MLB redemptions, and more. No foreign transaction fees. $95 annual fee. Read more here. 
• Capital One Venture X Rewards Credit Card is offering 75,000 bonus miles for spending $4K in 3 months, plus earn 2 miles per dollar spent on every purchase, $300 annual travel credit for bookings through Capital One Travel, 10K anniversary bonus miles, Global Entry/Pre-Check, Capital One lounge & Landing access, Priority Pass™ Lounge membership, Hertz President's Circle status, free lounge access and status for free additional cardholders, transfer miles to airlines and hotels, 5K MLB redemptions, and more. No foreign transaction fees. $395 annual fee. Read more here.
• Capital One Venture X Business is offering 150,000 bonus miles for spending $30K in 3 months. Also receive a $300 annual travel credit for bookings through Capital One Business Travel, 10K anniversary bonus miles, Global Entry/Pre-Check, Capital One lounge & Landing access, Enhanced Priority Pass™ Lounge membership, transfer miles to airlines and hotels, 5K MLB redemptions, and more. $395 annual fee. No foreign transaction fees. Read more here.
• Capital One VentureOne Rewards Credit Card is offering 20,000 bonus miles for spending $500 in 3 months, transfer miles to airlines and hotels, 5K MLB redemptions, and more. No foreign transaction fees. No annual fee.
• Limited time offer: Capital One Spark Cash is offering a $250 Capital One Business travel credit plus $1,000 cash back (convertible to 100,000 miles) for spending $10,000 in 3 months, 2% back everywhere, $40 MLB redemptions, and more. No foreign transaction fees. $0 intro annual fee for the first year, then $95. Read more here.
• Limited time offer: Capital One Spark Cash Plus is offering a $500 Capital One Business travel credit plus $2,000 cash back (convertible to 200,000 miles) for spending $30,000 in 3 months, plus get another $2,000 cash back for every $500K spent in your first year, 2% back everywhere, $40 MLB redemptions, annual fee refund when you spend $150K/year, and more. No foreign transaction fees. $150 annual fee. Read more here.

Unfortunately, Lifemiles recently underwent a major devaluation.

That being said, there are still deals to be had, especially with a transfer bonus. For example, a business class award to Europe on United will cost 69.5K points with a transfer bonus. A flight to Zurich will cost just 23.9K in coach or 47.8K miles in business class!

There’s no award chart, but here’s what awards now cost:

• Sample short-haul routes under 500 miles in distance cost 10K miles each way (8K Citi points):
  • Chicago-Kansas City
  • Cleveland-Chicago
  • Houston-New Orleans
  • Newark-Cleveland
  • Newark-Boston
  • Newark-Columbus
  • Newark-Detroit
  • Newark-Pittsburgh
  • Newark-Washington/IAD
  • Los Angeles-Las Vegas
  • Los Angeles-Phoenix
  • Los Angeles-San Francisco
  • Washington/IAD-Charlotte
  • LaGuardia/Newark-Toronto
  • LaGuardia/Newark-Montreal
• Sample routes 500+ miles in distance cost 15K miles each way (12K Citi points):
  • Newark-Atlanta
  • Newark-Charlotte
  • Newark-Cincinnati
  • LaGuardia/Newark-Chicago
  • Los Angeles-Jackson Hole
  • San Francisco-Seattle
  • Washington/IAD-Orlando
  • Chicago-Bozeman
  • Chicago-Denver
  • Cleveland-Orlando
  • Chicago-Fort Lauderdale
  • Los Angeles-Colorado Springs
  • Los Angeles-Denver
  • Los Angeles-Seattle
  • Newark-Fort Lauderdale
  • Newark-Kansas City
  • Newark-Orlando
  • Newark-New Orleans
  • Washington/IAD-Fort Lauderdale
  • Chicago-El Paso
  • Chicago-Salt Lake City
  • LaGuardia/Newark-Houston
  • Newark-Vancouver
  • Newark-Los Angeles
  • Los Angeles-Honolulu
• Other sample routes:
  • Newark-Honolulu on United: 25K coach
  • Newark-Sao Paulo on United: 45K coach, 100K business.
  • Newark-Cancun on United: 15K coach, 30K business.
  • Newark-Panama on United: 15K coach, 30K business.
  • JFK-Zurich on Swiss: 27.5K coach, 55K business.
  • JFK-Lisbon on TAP: 32.5K coach, 65K business.
  • JFK-Brussels on TAP: 35K coach, 69K business.
  • JFK-Warsaw on LOT: 35K coach, 69K business.
  • Newark-Frankfurt on Lufthansa: 35K coach, 69K business, 120K first.
  • Chicago-Munich on Lufthansa: 37K coach, 69K business, 120K first.
  • JFK-Vienna on TAP: 39K coach, 70K business.
  • Newark-London on United: 40K coach, 80K business.
  • Newark-Dublin on United: 40K coach, 80K business.
  • Newark-Edinburgh on United: 40K coach, 80K business.
  • Newark-Iceland on United: 40K coach, 80K business.
  • Washington DC-London on United: 40K coach, 80K business.
  • Newark-Venice on United: 40K coach, 80K business.
  • Newark-Paris on United: 40K coach, 80K business.
  • Newark-Athens on United: 40K coach, 80K business.
  • Chicago-London on United: 40K coach, 80K business.
  • Chicago-Tokyo on ANA: 55K coach, 100K business, 144K first.
  • Honolulu-Tokyo on ANA: 136K first.
  • Los Angeles-Tokyo on United: 55K coach.
  • San Francisco-Singapore on United: 47K coach, 90K business.
  • Newark-Johannesburg on United: 55K coach, 90K business.
  • Washington DC-Accra on United: 40K coach, 80K business.
  • Los Angeles-Sydney on United: 55K coach, 100K business.
  • San Francisco-Auckland on United: 55K coach, 100K business.
  • San Francisco-Papeete on United: 45K coach, 85K business.

Will you book any awards with this transfer bonus?

HT: Eluzer K.