Transfer Amex Points To JetBlue TrueBlue With 25% Bonus

The Amex Membership Rewards program has just introduced its latest transfer bonus, valid for the next few weeks. I imagine that some people might find this to be worthwhile.

Amex offering 25% JetBlue TrueBlue transfer bonus

Between December 6 and December 31, 2024, you can receive a 25% bonus when you transfer Amex Membership Rewards points to JetBlue TrueBlue. Points generally transfer from Amex to JetBlue at a 250:200 ratio, so during this promotion, they’d transfer at a 250:250 (or 1:1) ratio.

This promotion is being offered on Amex’s end (in the United States), and is hard coded into the transfer ratio, meaning you should see the bonus at the time that you make the transfer. You can take advantage of this offer an unlimited number of times, though you’re limited to transferring 999,999 points per transaction (not that this is a limit that will impact many people).

There are lots of fantastic cards for earning Amex Membership Rewards points. Transfers from Amex to TrueBlue are generally instant. Keep in mind that transfers from Amex to US frequent flyer programs are subjected to a federal excise tax of 0.06 cents per transferred point, up to a maximum of $99. In other words, transferring 100,000 points would cost $60.

We last saw a transfer bonus from Amex to JetBlue back in late 2023, so this offer seems to come around once a year. That was also a 25% bonus.

Should you transfer Amex points to JetBlue TrueBlue?

How much are JetBlue TrueBlue points worth? If you’re redeeming for travel on JetBlue, each TrueBlue point will typically get you at most 1.5 cents toward the cost of a JetBlue ticket, and that’s on the very high end. Personally I value TrueBlue points at 1.3 cents each. So that’s not a terrible rate at which to cash out JetBlue points, but also not great.

One other thing to keep in mind is that JetBlue TrueBlue now offers redemptions on a couple of partners, including Hawaiian Airlines and Qatar Airways. For example, a one-way business class award from the United States to Doha starts at just 70,000 TrueBlue points, so at this acquisition rate, that’s quite a good deal.

The catch is that Qatar Airways award availability can be tough to come by, and on top of that, connections beyond Doha will cost you extra. The good thing is that for whatever reason, JetBlue TrueBlue seems to have access to more Qatar Airways award space than American AAdvantage, which is another reason to consider accruing TrueBlue points.

Bottom line

Through December 31, 2024, Amex Membership Rewards is offering a 25% bonus when you transfer points to JetBlue TrueBlue, meaning you can transfer points at a 1:1 ratio. If you fly JetBlue frequently, this could be a way to get solid value with your Amex points, better than most other ways to cash out these points. There are also a limited number of partner redemption opportunities that could represent a good deal.

I don’t plan on taking advantage of this offer, personally, but I know others will find value with it.

Do you plan on taking advantage of Amex’s 25% transfer bonus to JetBlue?