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Barclays issues the JetBlue credit card but they don’t have exclusivity that extends to transferable points currencies. You can effectively earn more JetBlue points using other bank credit cards than you can with the JetBlue credit card from Barclays.
- They’ve been a transfer partner with Citi ThankYou Rewards for two years.
- Last month Chase added them as well
Chase transfers are one-to-one. If you have a Chase Sapphire Preferred® Card (which offers 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening and has an annual fee $0 the first year, then $95) you not only earn double points on all travel and dining but no annual fee Chase cards that earn points quickly can have their points transferred to the Sapphire Preferred card and on to airline miles, including JetBlue.
For instance the no annual fee Ink Business Unlimited(SM) Credit Card has an initial bonus of $500 bonus cash back after you spend $3,000 on purchases in the first 3 months from account opening. But those are really 50,000 points that can be transferred to the Chase Sapphire Preferred® Card. And it earns 1.5 points per dollar on all spend.
Last September Citi ran a 25% transfer bonus and they’re now going to make improved transfer ratios to JetBlue permanent.
Citi tells me that effective September 13:
- No annual fee Citi ThankYou Preferred: 1,000 ThankYou Points = 800 TrueBlue points (60% improvement)
- Citi ThankYou Premier: 1,000 ThankYou Points = 1,000 TrueBlue points (1:1 ratio is a 25% improvement)
- Citi Prestige: 1,000 ThankYou Points = 1,000 TrueBlue points (1:1 ratio is a 25% improvement)
Citi ThankYou® Premier Card has a best-ever offer of 60,000 points after $4000 in purchases on the card within your first 3 months of account opening. It has a $0 annual fee the first year, $95 thereafter. It earns 3 points on travel (including gas), 2 points on dining and entertainment, 1 point on other purchases.
It’s a strong card that will now offer 1:1 transfers to a US airline, in addition to the 1:1 transfers offered with partners like Air France KLM, Singaproe Airlines, and Etihad.
This follows Chase’s introduction of JetBlue as a 1:1 transfer partner. Competition works.
JetBlue is a revenue-based program, you buy award tickets based on the price of the ticket. That’s why I value TrueBlue points at 1.3 cents apiece. You’ll often be able to use them around 1.5 cents apiece towards airfare.