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Yesterday I discovered that Korean Air was still listed as a Chase transfer partner one day after it was supposed to be removed.
So I went to check again this morning to see whether Korean Air was still there. It’s not. But a new transfer partner appeared: JetBlue TrueBlue.
When Chase announced Korean Air was leaving the Ultimate Rewards program, I wrote that I expected they would add a new transfer partner though I didn’t necessarily expect it would be literally ‘one in one out’ and I didn’t expect it would be a US frequent flyer program.
Since Chase has so much invested in the Ultimate Rewards program I look forward to seeing what they add. Virgin, Air France, Iberia and Aer Lingus weren’t original transfer options and have been added in the last several years.
Barclays issues the JetBlue credit card but they don’t have exclusivity that extends to transferable points currencies. This addition means you can effectively earn more JetBlue points using Chase credit cards than you can with the JetBlue credit card from Barclays.
For instance if you have a Chase Sapphire Preferred® Card (which offers 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening and has an annual fee $0 the first year, then $95) you not only earn double points on all travel and dining but no annual fee Chase cards that earn points quickly can have their points transferred to the Sapphire Preferred card and on to airline miles, including JetBlue.
Now, JetBlue is a revenue-based program, you buy award tickets based on the price of the ticket. That’s why I value TrueBlue points at 1.3 cents apiece. You’ll often be able to use them around 1.5 cents apiece towards airfare. If you have the Chase Sapphire Reserve® you can buy points-earning tickets at 1.5 cents apiece so that may be a better option that points transfers, although transfers are still great for topping off a JetBlue account. points at 1.5 cents apiece towards travel through the Ultimate Rewards portal.
Chase’s transfer partners are now:
- Airline programs: United MileagePlus, British Airways Executive Club, Air France KLM Flying Blue, JetBlue TrueBlue, Singapore Airlines KrisFlyer, Southwest Airlines Rapid Rewards, Virgin Atlantic Flying Club
- Hotels: World of Hyatt, Marriott Rewards, Ritz-Carlton Rewards, IHG Rewards Club
No other bank transferable points program in the US has more than one mainland US airline as a partner. Chase now has three.