The American Express Membership Rewards program is one of the most valuable points currencies, mainly because of its multiple airline and hotel travel partners. While the points can be converted to cash with a value 0.6 cents, 1 cent, and even 1.1 cents each, the best value is when transferring to partners.
Now American Express has a 25% transfer bonus for one of its partners, the JetBlue TrueBlue program. Check out all the details of this promotion below and see if this Amex Transfer bonus for JetBlue is worth participating.
Transfer Bonus from Amex to JetBlue
American Express is offering 25% more TrueBlue points when you transfer Membership Rewards points now through 11/30/2023. The normal transfer ration for JetBlue TruBlue is 1 : 0.8. So with this promotion you can get a 1:1 transfer ratio. That means that for every 250 Membership Rewards that you transfer, you will get 250 TrueBlue points. You can start your transfer here, after logging into your American Express account.
You must be enrolled in JetBlue’s TrueBlue program in order to participate in this offer. Once you have transferred Membership Rewards points, they become subject to the Terms and Conditions of the TrueBlue program and cannot be transferred back to your Membership Rewards program account.
There is a minimum transfer of 250 Membership Rewards points. The maximum transfer is 999,750 points. It’s also important to note that there is an additional fee when transferring Membership Rewards points to domestic frequent flyer programs. You will pay the federal excise tax or $0.0006 per point transferred, up to a maximum of $99. So if you transfer 100,000 points, you would pay $60 in fees.
You can redeem for this exclusive offer from 12:00 a.m. MT on 10/10/2023 to 11:59 p.m. MT on 11/30/2023 to receive 25% additional TrueBlue points. Additional TrueBlue points will be awarded at the time of transfer. Generally, transfers are immediate but in some very rare cases it might take up to 72 hours for the transfer to be completed.
Should You Transfer Amex Points to JetBlue?
This is a question that you must always ask yourself when you see these transfer bonuses. I always suggest not to transfer points speculatively, because once you transfer, there’s no going back.
The answer to that question also depends on your own needs, and the valuation you have for American Express Membership Rewards and JetBlue TrueBlue points.
In this case you’re not getting any outsized value for transferring Amex points to JetBlue. You start off at a disadvantage, since the regular ratio is 250 to 200. So the 25% transfer bonus only brings it on par with Chase Ultimate Rewards and Citi ThankYou Rewards that have a ongoing transfer ratio of 1:1.
JetBlue’s award flight pricing is also tied to the cash price of the flight, although not at a fixed value. That means that there are no hidden gems. You will normally get a value between 1.2 and 1.4 cents per points, and maybe higher for Mint.
JetBlue Plus cardholders can get a bit more value out of their points. The card comes with a benefits that refunds you 10% of all redeemed points. The bonus is credited after completing your JetBlue award flight.
Amex JetBlue Transfer Bonus: Guru’s Wrap-up
This is a rare bonus, but that still doesn’t make it very exciting. Normally you can transfer 250 Amex points to 200 JetBlue points, but through November 30, 2023, Amex Membership Rewards is offering a 25% bonus, which makes it an equal 1:1 ratio.
If you fly JetBlue frequently, then there’s nothing wring with transferring points, and flying for “free”. This is better than cashing out your points, and it’s even better if you have the a co-branded JetBlue card.
Let me know in the comments if you plan to take advantage of this Amex 25% transfer bonus to JetBlue? Also check out all the current transfer bonuses for other currencies.
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