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American Express Membership Rewards is running a promotion offering a 25% transfer bonus to TrueBlue, the frequent flyer program of airline partner JetBlue. The usual transfer ratio is 5 Membership Rewards points to 4 TrueBlue Points, but with the 25% transfer bonus, the ratio will instead be 1:1.  This offer ends September 15, 2014.

The best use of this promo would be to book in JetBlue’s new Mint business class, which is currently offered on service between New York (JFK) and Los Angeles, and between New York and San Francisco starting in October. Round-trip flights in Mint can be had for 69,800 TrueBlue Points, or 34,900 one way. That gives you a return of about 1.72 cents per point, which is a little below where I value Membership Rewards, but still reasonable.

You could also consider transferring points if you just need to top up for an economy redemption, though in general you’re only going to get about 1.1-1.4 cents per point, so it’s not the best use of Membership Rewards.

Here’s are some search results for a JetBlue itinerary between LAX and JFK on October 22-29, 2014:

jetblue fare amex promo
Transferring to JetBlue might not be the most effective use of Amex Membership Rewards. In comparison, domestic business class can be had on Delta for as few as 50,000 SkyMiles at the saver level, or on United (by transferring to Star Alliance partner Air Canada) also for 50,000 MileagePlus miles.

However, JetBlue is a better option than the 80,000 and 100,000 mile standard awards on Delta and United, respectively. For example, here are search results on Delta for the same dates as above:

Delta fare lax jfk business class

Saver availability is often hard to come by, so if you’re planning a transcontinental along one of these routes and can take advantage of the Membership Rewards transfer bonus, JetBlue is worth considering. At present, you can book JetBlue flights through the end of April, 2015.


The Platinum Card® from American Express

WELCOME OFFER: 60,000 Points Terms Apply.


CARD HIGHLIGHTS: Delta Sky Club and Centurion lounge access, $200 annual airline fee credit and up to $200 in Uber credits annually

*Bonus value is an estimated value calculated by TPG and not the card issuer. View our latest valuations here.

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  • Earn 60,000 Membership Rewards® points after you use your new Card to make $5,000 in purchases in your first 3 months.
  • Enjoy Uber VIP status and free rides in the U.S. up to $15 each month, plus a bonus $20 in December. That can be up to $200 in annual Uber savings.
  • 5X Membership Rewards® points on flights booked directly with airlines or with American Express Travel.
  • 5X Membership Rewards points on prepaid hotels booked on
  • Enjoy access to the Global Lounge Collection, the only credit card airport lounge access program that includes proprietary lounge locations around the world.
  • Receive complimentary benefits with an average total value of $550 with Fine Hotels & Resorts. Learn More.
  • $200 Airline Fee Credit, up to $200 per calendar year in baggage fees and more at one qualifying airline.
  • Get up to $100 in statement credits annually for purchases at Saks Fifth Avenue on your Platinum Card®. Enrollment required.
  • $550 annual fee.
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