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JetBlue is offering a fantastic sale on award flights where they are knocking 25% off the standard award rates for all award flights if you redeem your points by 8/4/16 for travel 9/7/16 – 11/16/16 on Monday – Thursdays and Saturdays. They do have blackout dates for this sale from 10/6/16 – 10/16/16. The award prices you see on the JetBlue site are already showing the 25% reduction.
To give an idea of how great a return this is, I’ll use the early flights from Ft. Lauderdale to Santa Clara, Cuba that kick off later this month as an example. The inaugural flight is now priced a little higher than when I first wrote about them, but many of the flights in early September are still just $99 one-way to Cuba. They were pricing at 3,500 points + $5.60 one-way on TrueBlue points before this sale. However, with the built-in 25% discount they are now just 2,600 points + $5.60 one-way. That represents over a 3.5 cent return per point, which is absolutely great for an economy airline award!
You can transfer JetBlue points from American Express Membership Rewards and The Platinum Card® from American Express at a rate of 250 Membership Reward points = 200 JetBlue points. If the flight you want to book is in the range of the example I gave above with a roughly 3.5 cent return per point, then it absolutely makes sense to transfer in points to book your award if needed, even though the transfer ratio isn’t 1:1. I believe in practice that these transfers from Membership Rewards to JetBlue are typically instant.
If you want to stock up for the future, The JetBlue Plus Card awards 30,000 bonus points after spending $1,000 in the first three months, which would be worth a ton towards JetBlue award flights at the rates mentioned above. Of course with that card you also get 10% of your redeemed points back making the deal even sweeter.
Remember to lock in your JetBlue awards by 8/4 to save 25% of TrueBlue awards!
Terms and Conditions: Fares must be purchased using TrueBlue points between now and 8/4/16 (the earlier of 11:59 PM EST or local) for flights on Mon through Thurs and Sat. only between 9/7/16 and 11/16/16 (Blackout Dates 10/6 – 10/16/16). Fares will automatically include a 25% discount on the base fare point requirement for Award Flight redemption. Fares are subject to availability; may not be available on all flights; may change without notice; must be purchased at time of reservation; and are nonrefundable and nontransferable. Offer is limited to registered TrueBlue members in good standing redeeming Award Flight fares using TrueBlue points for new bookings only; offer not valid in connection with monetary flight fares, purchases on partner airlines or code share or interline flights, JetBlue Getaways vacation packages, previously booked Award Flights or any other product or service. Offer cannot be partially redeemed, is not redeemable for cash, and has no cash value. Government taxes and fees apply to Award Flights, are the responsibility of the passenger, and will vary based on your departure and destination cities. The amount of government taxes/fees required for an Award Flight is listed next to the applicable point requirement and is subject to change as required by law. To view more information on taxes and fees click here. Award Flight fares are one-way (unless otherwise indicated) and nonstop; point requirement and government taxes/carrier fees may be higher for roundtrip flights, for flights from destination city to origin city or for connecting itineraries.
Editorial Note: The opinions expressed here are mine and not provided, reviewed, by any bank, card issuer, or other company unless otherwise stated.