Barclaycard picked up the JetBlue co-brand from American Express. And they even bought Amex’s ‘back book’ meaning that existing American Express cardmembers get transitioned over to the new JetBlue Rewards MasterCard issued by Barclaycard on March 21.
A couple of weeks ago American Express sent notice of the transition to its cardmembers. JetBlue communicated last week. And Barclaycard is sending out information this week that may start hitting mailboxes by tomorrow.
The card isn’t yet available for new signups, but we know what it offers now.
The JetBlue Card from American Express earned 2 points per dollar on JetBlue spend and 1 point on other spend. The Barclaycard product improves points earning:
- 4 points per dollar on JetBlue spend
- 2 points per dollar on restaurants and groceries
- 1 point per dollar on other spend
The card’s annual fee stays the same at $40.
In addition to points-earning, the card will offer a 5% uncapped rebate on JetBlue TrueBlue points you redeem, no foreign transaction fees, and similar to Amex before it 50% savings on JetBlue inflight purchases and an annual $50 statement credit each time you book with JetBlue vacations.
Cardmembers being transitioned from American Express will also receive a one-time $100 companion discount after spending $500 on their new card by June 30th.
There’s also a jetBlue Business MasterCard. That card’s annual fee goes up to $99, but offers:
- 6 points per dollar on JetBlue purchases
- 2 points per dollar on restaurant and office supply purchases
- 5000 points every year at card renewal
- 10% rebate on JetBlue points redemptions
The 5000 points make the difference in fee worthwhile over the personal card, and the 10% points rebate is strong.
A JetBlue point is worth about a penny and a half towards airfare, so that’s a reasonable travel rebate on unbonused spend although not ‘top of the market’.
In general I prefer crediting JetBlue flights to Singapore Airlines Krisflyer (though those miles expire after 3 years whether or not you have additional activity in your account) although:
- Their ‘Mint’ product is fantastic on premium routes, at a fair price
- JetBlue points don’t expire and they offer family pooling of points
- They have reasonable change fees
I think overall folks who used the JetBlue American Express card are going to be happy with the product they’ll be receiving from Barclaycard next month.