Finally! Another American Express transfer bonus. These used to come around with some frequency and they were quite lucrative. My favorite was the Membership Rewards to Delta with the 50% bonus to Delta AND the 25,000 MQMs (elite miles) when transferring 100,000 Membership Reward points or more! That was great! Now, they have really slowed down and the bonuses normally aren’t that interesting.
JetBlue Transfer Bonus from American Express
However, for those who have Membership Rewards and like to travel domestically (and some international), this might be a nice chance for you to get some reward redemptions on the cheap side. Now through September 15, when you transfer Membership Reward points to JetBlue’s program, it will be a straight 1:1 ratio. Normally, it is 250 Membership Reward points for 200 JetBlue points.
Since JetBlue has a revenue based redemption program, their points are worth around 1.5 cents per point which is about inline with Southwest’s program. Being able to get 1.5 cents worth out of your Membership Reward points for domestic travel is pretty good!
I personally like flying JetBlue and find them to be a very comfortable airline. If you want to take advantage of the periodic discounts on tickets that they offer, this is a great time to transfer some of your Amex points over to JetBlue. To do that, head on over to the Amex MR site and link your JetBlue account number. After that, go to JetBlue’s page to search for your flights and remember to click the Points option.
The Value
I think this is a pretty good deal, especially if can take advantage of the discounts that JetBlue routinely offers. Membership Reward transfer bonuses do not come around that often anymore, and especially not with JetBlue. The great part is that it can be as little as 11,000 points for a round-trip ticket, so you would not really need to transfer that many to be in a position to utilize them. In the example below, that is exactly a 1.5 cent per point value that you are seeing on your Membership Reward points. Not bad!
Using points
Paying with cash
For me, this will work out fairly well as I have been needing to book some travel for a family member and this will help that out a bit. What about you? Anything of interest for you here? The good part is that you should have enough time to get the points you need by spending (if your statement closes in early September) or by applying for a new card (again, if the statement closes in early September).
