In case you're joining us for the first time, or missed a prior post in this series, please check out the index below:

Credit Card Reward Programs for Travelers: An IntroductionThe Basics of American Express Membership RewardsThe Basics of Chase Ultimate RewardsThe Basics of Capital One Rewards (this post)The Basics of Marriott Rewards (coming soon)The Basics of Citi ThankYou Points (coming soon)

Today we’ll take a look at an underrated player in the points and miles world: Capital One.

Capital One offers cards desirable to travelers, including those which earn transferable points as well as cards offering

Update, 11:35 pm ET, 10/15: The Flying Blue Promo Awards Special Edition deals are now live!

Flying Blue, the loyalty program of Air France and KLM, looks like they've got some great deals coming via their new Promo Awards Special Edition sale.

There are just two days left to take advantage of the 30% transfer bonus between Citi ThankYou Points and Flying Blue, and three days left to book Flying Blue's August Promo Awards...the cheapest of which will get you from New York City to Paris for only 8,000 ThankYou Points if you stack both promotions.

Flying Blue's latest Promo Awards, stacked with the current 30% Citi ThankYou Point to Flying Blue transfer bonus, can get you between Houston or Washington, D.C. and Europe this September or October for as little as 18k ThankYou points roundtrip.

American Express is offering some lucrative incentives to spend on their cards right now. Not everyone will have these Amex Offers available as they are targeted.

REMINDER: These changes kick in this Friday, June 1. If you had your eye on a Flying Blue award, check this post and/or the Flying Blue Calculator to see if you should book now or post-June 1. I have updated the pricing changes section since last publication to include more Flying Blue award chart sweetspots, and how those prices will fare come June 1. 

As of June 1, Flying Blue--loyalty program of Air France, KLM, Aircalin, Hop!, Joon, Kenya Airways, Tarom, and transavia--is changing the way awards are priced.

Flying Blue–the loyalty program of Air France/KLM, Air Europa, Kenya Airways, and TAROM Romanian–has released its newest Promo Awards that let you fly from select North American cities to anywhere in Europe or to Israel, Morocco, Tunisia, or Algeria for 25% off standard economy and Business Class award prices.

Through September 25, 2017 you can buy Flying Blue miles with a 100% bonus. That brings the standard price of 3.28 cents a mile down to 1.64 cents a mile.

The minimum amount of miles you have to buy to earn the 100% bonus is 4,000 (for paying roughly $131.50 you'll receive a total of 8,000 miles).

Flying Blue–the loyalty program of Air France/KLM, Air Europa, Kenya Airways, and TAROM Romanian–has released its newest Promo Awards that let you fly from select American cities to anywhere in Europe or to Israel, Morocco, Tunisia, or Algeria for 25% off standard economy and Business Class award prices.

Flying Blue–the loyalty program of Air France/KLM, Air Europa, Kenya Airways, and TAROM Romanian–has released its newest Promo Awards that let you fly from select American cities to anywhere in Europe or to Israel, Morocco, Tunisia, or Algeria for 25% off standard economy and Business Class award prices.