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JetBlue is running a promotion through this Friday (11:59 pm Eastern time on July 25, to be exact), effectively offering a 20% discount for all award redemptions for travel between September 2 and October 31, 2014. This offer is not a true discount, since you will initially be charged the full price, and the 20% will be credited back to you in 4-6 weeks.

This offer is available for travel either in economy, or in JetBlue’s new Mint Business Class between JFK and LAX. Award flights in Mint start as low as 35,000 points (or sometimes slightly lower), which means you could book a transcontinental business class flight for under 28,000 points this fall.

JetBlue mint discount fare
This sample itinerary shows seats in Mint available for 34,800 points.

I checked flights between LAX and JFK for several dates in September and October, and found seats in Mint starting at 34,800 points. With the current promotion, you’d get a refund of 6,960 points, so your total outlay would be just 27,840 points. I normally value JetBlue points in a range of 1-1.3 cents apiece, or up to 1.7 cents apiece when redeeming for seats in Mint, which start at $599. However, in this case you’d be getting well over 2.1 cents apiece, which is excellent value. With this promotion, you should also be able to get more than 1.6 cents each out of JetBlue redemptions in economy.

If you have JetBlue award travel planned for September or October that you haven’t booked yet, this promotion is a no-brainer. Make sure to book by the end of Friday Eastern time to take advantage of the 20% refund.

See also:

Maximizing JetBlue Redemptions on New Mint Business Class

Chase Sapphire Preferred® Card

With great transfer partners like United and Hyatt, 2x points on travel & dining and a 50,000 point sign up bonus, the Chase Sapphire Preferred is a great card for those looking to get into the points and miles game.

Apply Now
More Things to Know
  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
  • Named Best Credit Card for Flexible Travel Redemption - Kiplinger's Personal Finance, July 2016
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening
  • No foreign transaction fees
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
  • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards
Intro APR on Purchases
N/A
Regular APR
16.49% - 23.49% Variable
Annual Fee
Introductory Annual Fee of $0 the first year, then $95
Balance Transfer Fee
5.00%
Recommended Credit
Excellent Credit

 

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