From now through November 30, 2017, American Express card members get 25% Bonus JetBlue TrueBlue points when they transfer Membership Rewards points. The transfer ratio is now an even 250 MR points to 250 TrueBlue points. The normal ratio is 250:200.
Depending on the flight, each TrueBlue point can be worth around 1.7-1.8 cents and the points never expire. These transfer bonuses come around occasionally, but certainly not frequently. For regular JetBlue flyers, this can be a good transfer even if you don’t have an immediate need for the points.
I took advantage of a similar offer back in May. I proactively transferred some excess Membership Rewards points to JetBlue in case that was a one time offer. If you missed the opportunity then and regretted it, you now have a second chance.
* Special Offer Terms & Conditions
Minimum transfer is 250 Membership Rewards points. Redeem for this exclusive offer from 12:00 a.m. MT on November 1, 2017 to 11:59 p.m. MT on November 30, 2017, to receive 25% additional TrueBlue points. TrueBlue points will be awarded at the time of transfer. For each conversion of points into the Frequent Flyer program of a U.S. airline, a fee of $0.0006 per point, with a maximum fee of $99, will be charged to your Card account. We charge this fee to offset the federal excise tax we must pay on such conversions. The fee may be more or less than the actual amount of the excise tax we pay on any individual conversion. We may offer you the option to redeem points to cover this fee.