Chase recently introduced JetBlue TrueBlue as a 1:1 transfer partner (See: Chase Ultimate Rewards: JetBlue Added As Transfer Partner). Citi has responded by increasing the transfer ratio from ThankYou points effective 9/13/18 to 1:1 if you hold the Citi ThankYou Premier or Citi Prestige cards.
The Deal
- Increased transfer ratios from Citi ThankYou points to JetBlue TrueBlue beginning September 13, 2018:
- Citi ThankYou Preferred: 1,000 ThankYou Points =
500800 TrueBlue points (1:0.8) - Citi ThankYou Premier: 1,000 ThankYou Points =
8001,000 TrueBlue points (1:1) - Citi Prestige: 1,000 ThankYou Points =
8001,000 TrueBlue points (1:1)
- Citi ThankYou Preferred: 1,000 ThankYou Points =
Quick Thoughts
JetBlue runs a revenue-based program, so points are generally worth about 1.5 cents each towards airfare (give or take depending on your redemption), though you can get a rebate on points redeemed if you are a JetBlue credit card holder, increasing value accordingly. That wouldn’t make the new transfer ratio incredibly compelling if you’re only earning 1 ThankYou point per dollar as you are ideally using those points for more value through strategic partner transfers. Still, if you’re earning ThankYou points at a better-than-1x rate, and/or if you have a redemption that would save you points over other options, this could work out to be a good deal. At the very least, this is an improved deal over the current transfer ratios and a ncie change to see in light of the deal with Chase. We will update our Citi transfer partners resource page on 9/13 when the new ratio goes into effect.
Those looking to pad their balances for JetBlue redemptions may be interested in the following cards, which all earn ThankYou points (click each card name to go to a dedicated card page with more info on earning, benefits, current welcome bonuses, and links if interested):
| Card Info Name and Link Only (no offer) |
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By itself it’s not a jaw-dropping rate, but given the reliability of JetBlue award bookings and relatively consistent redemption rates I think it establishes a new, comfortable floor on TYP values. Plus, when stacked with the 10% back offer(s) on JetBlue award redemptions on JetBlue credit cards it means you could get pretty respectable redemptions.