Citi, Capital One, Bank of America and Wells Fargo News

Citi, Discover, Bank of America and Wells Fargo News
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July 12 - Capital One Announces New Airport Lounge, Transfer Bonuses

On top of airport lounge locations at Dallas-Fort Worth and Washington-Dulles, Capital One also has plans to open a new lounge at Denver International Airport. The Denver lounge, which will be more than 11,000 square feet, is set to open in 2022. Some of the amenities include relaxation rooms for napping, showers, private meeting rooms and lockers. Passengers might also recognize the local brands served on the food and beverage menu. Capital One credit cardholders will be able to access the lounge at different rates, depending on their card.

Capital One is also running some other transfer bonuses to two of their airline partners. From July 12 to Aug. 8, Capital One Venture and Spark Miles account holders will receive a 20% bonus on all miles transferred to Aeromexico’s loyalty program. With this bonus, 1,000 Capital One miles can be converted into 1,200 Aeromexico Club Premier miles. For the month of August, cardholders who earn Capital One miles will receive a 33% bonus on transfers to British Airways Avios, making the transfer ratio a favorable 1:1.

April 19 - Capital One Adds Airline Transfer Partners, Opens Airport Lounges

There were already over a dozen airlines and hotel partners you could transfer your Capital One miles to, but today, Capital One announced four more. They are: British Airways (Avios), Choice Hotels (Choice Privileges), TAP Air Portugal (Miles&Go) and Turkish Airlines (Miles&Smiles). Additionally, Capital One is improving the transfer ratios — at least for some mileage programs (nine to be exact) — by launching a new, 1:1 transfer tier.

In other news, Capital One previously announced that it would launch a couple new airport lounges, and the company just revealed new details as to what they’ll be like. The lounges will be located at Dallas-Fort Worth, opening in late summer 2021, and Washington-Dulles, opening in 2022.

Get all the details of the new transfer partners, improved transfer ratios and perks of the new lounges in our full Capital One article.

Oct. 9 - Citi Adds New 5X Bonus Category for 2020

Now through the end of 2020, holders of the Citi Prestige® Card can now earn 5 ThankYou points for every dollar spent on online, cable and streaming purchases. There are more than 20 eligible providers, including Amazon Prime Video, Apple Music, Disney+, ESPN+, HBO and Netflix. This new bonus category joins air travel and restaurants as purchases on which cardmembers can earn 5x points.

May 1 - Citi Extends Sign-Up Bonus Windows, Adjusts Travel-Credit Rule

Citi is extending for three months the time new cardholders have to meet a minimum spending requirement to get a bonus. It applies to all new cardholders who opened an account between Dec. 1, 2019, and May 31, 2020. That's a retroactive enhancement for some cardholders whose window of opportunity to meet the spending requirement has already closed.

Citi is temporarily expanding the categories of purchases that qualify for the $250 travel credit benefit on the Citi Prestige® Card.

Between May 1, 2020, and Dec. 31, 2020, cardholders can use the credit toward purchases at supermarkets and restaurants, including takeout — in addition to the usual travel spending.

Information related to the Citi Prestige® Card has been collected by NerdWallet and has not been reviewed by the issuer of this product.


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