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Citi’s been slowly but steadily improving the lineup of transfer partners for its ThankYou Rewards program, and one of the most recent additions was JetBlue back in October 2016. Unfortunately, the transfer rate is just 2:1 (or 5:4 if you’re a Citi Premier Card, Citi Prestige or Citi Chairman cardholder), but with this current promo you can get better value when you move Citi rewards over to the airline.
Tomorrow through April 30, you’ll receive a 50% bonus when you transfer ThankYou points to JetBlue’s TrueBlue frequent flyer program. The different transfer ratios depending on your Citi card still apply, so here’s what you’ll get during the offer time period:
- Citi Premier Card, Citi Prestige and Chairman cardmembers: 1.5 TrueBlue points for every 1.25 ThankYou points transferred (1:1.2)
- Citi ThankYou Preferred Card and Forward cardmembers: 1.5 TrueBlue points for every 2 ThankYou points transferred (4:3)
Is It Worth It?
We never recommend transferring points speculatively — no matter the program — because once they’re moved over, there’s no going back. However, if you’re sitting on a large stash of Citi ThankYou points and have some upcoming travel that you could book with JetBlue, this 50% bonus makes now a great time to initiate a transfer.
For example, an award in JetBlue’s premium Mint cabin from JFK to SFO booked in mid-April will set you back 42,200 TrueBlue points. With the 50% transfer bonus, you’d need to move 35,167 ThankYou points to book this award (assuming you had a Citi Premier or Citi Prestige card). The same flight would cost $559, which gives you about 1.6 cents per point in value — equal to TPG’s latest valuation of ThankYou points.
While JetBlue is a valuable partner of the Citi ThankYou Rewards program, unfortunately the transfer rate is less than ideal. However, the 50% bonus that goes live tomorrow improves the rate significantly — especially if you have a Citi Prestige or Citi Premier card. Be sure to move points over by April 30 if you’re planning on booking any award flights with the TrueBlue program.
Will you be transferring ThankYou points to JetBlue during this promo period?
Know before you go.
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