You can transfer 1,000 Capital One points into 5,600 JetBlue TrueBlue points right now. And since JetBlue points are worth about 1.3 cents apiece, that means getting 7.3 cents per Capital One point in value which is almost unheard of.
Capital One just re-added JetBlue as a transfer partner and is running a limited-time offer for your first transfer – 5,000 bonus JetBlue points to promote the partnership.
You earn 5,000 extra JetBlue points whether you transfer 1,000 or 100,000 Capital One points. So the minimum transfer here is the strongest value. And JetBlue points don’t expire, so you can always transfer more unbonused (or with another limited-time bonus) later.
It’s unclear how long this offer will be available. Bonus aside, Capital One miles transfer to JetBlue points at a 5:3 ratio, so 1,000 Capital One miles transfer to 600 TrueBlue points. That’s not great value and I wouldn’t normally take advantage of this partnership. My view was that the reason for even bothering having JetBlue as a partner at this cost was to say that Capital One had a U.S. airline partner. It checks a box. But it doesn’t really provide value. This bonus, however, does.
While JetBlue’s program offers relatively low value as a revenue-based redemption offering on the airline’s own flights, there is some value in redeeming with partners like Etihad, Qatar Airways and TAP Air Portugal.
Any idea if this would work multiple times if you have more than one CapitalOne card?
Yes, I got the bonus for each card!
@Gary Leff — Thank you for this heads-up. That is indeed a good deal.
On jetBlue, I’m excited to get back onboard with them for transcon Mint in a few weeks. Remember, folks, for their older Mint, go for the throne seats, rows 2 and 4; and on the newer (mostly transatlantic) Mint, go for the first row–worth it. And Mint still has the best food on any US domestic airline’s First/Business Class. ‘Mint Condition’ drink is nice, too. Now, if only B6 could open an actual lounge at JFK T5, that’d be swell. And yikes, their new $499 AF card is D.O.E. Oof.
Thanks!
Looks like the offer is not available to me!
I figured it out and got it for my wife and I.
*Pikachu shocked face* A solid deal indeed — thanks for the heads up as always, Gary
@1990 Nice, excited for you! On my list to check out at some point too, hope it exceeds your expectations. And yeah about that new CC…
After logging in, I do not see the bonus you screenshotted. Just the 5:3 ratio, no bonus
After logging in, I do not see the bonus you screenshotted. Just the 5:3 ratio, no bonus
Update: I see the bonus after expanding the box, but it appears to require a new TrueBlue enrollment.
How do you access promotion? It didn’t show when I started the process.
@beachfan Did you end upnfiguring it out? When you’re going to transfer you can expand the transfer section (down arrow) and it should show the bonus offer.
How long does the transfer actually take? I executed two of them and nothing has appeared at B6 yet…
@Gene Around an hour, any luck? Did you get confirmation emails?
At the capital one site, I’m seeing 1,000 = 600. I did not click on “make transfer”. Should it say 1,000 = 5,600 or will I automatically see that when it gets to jetblue?