Capital One has added JetBlue TrueBlue as a miles transfer partner. JetBlue had been a partner up until October 24, 2021.
The bank’s Venture, Venture X, Venture X Business, and Spark 2X Miles cardholders can transfer points at a 5:3 ratio, so 2,000 Capital One miles transfer to 1,200 TrueBlue points.
Capital One transfer partners are now:
- Star Alliance: Air Canada Aeroplan, Avianca LifeMiles, Singapore Airlines KrisFlyer, TAP Miles&Go, Turkish Airlines Miles&Smiles, EVA Air Infinity MileageLands
- oneworld: Cathay Pacific Asia Miles, British Airways Executive Club, Finnair Plus, Qantas Frequent Flyer
- SkyTeam: Aeromexico Club Premier, Air France KLM Flying Blue, Virgin Red
- Non-alliance: Emirates Skywards, Etihad Guest, JetBlue
- Hotels: Choice Privileges, Wyndham Rewards, Accor Live Limitless
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.
For Capital One, of course, it lets them say they have a U.S. airline transfer partner but the truth is that better value is usually found with foreign partners like Air Canada and Air France.
Nice addition just as an option to have, even if not the best value.
Hopefully some more Capital One news in the next couple of days!
Triumphant? 5:3 is a joke, would rather just redeem for 1cpp as a travel eraser on jetblue flights I book direct.
Hi Gary, interesting take, but seems like you’re giving way too much credit. “Jetblue and Capital One Launch Lose-Lose-Lose-Lose Partnership” is a more apt title. 1. Capital One is making a statement that their points are of low value, precisely 3/5 of a Chase UR. 2. Jetblue will receive almost no transfers because this deal is terrible. 3. Biggest loser of all is the fool that transfers points via this deal.
Huzzah! The ‘glorious’ return of JetBlue…as one of a bank’s transfer partners. Meh. At least Capital One doesn’t stiff its customers will the silly excise tax like Amex does for its domestic airline transfers.
@Daniel A is right: 5:3 is awful. Chase is 1:1 (but its points are worth so much more elsewhere, especially compared to Hyatt where the value is often 1:3).
There really is little winning on these transfers to JetBlue. At least the airline hasn’t devalued its points to the level of Delta’s SkyPesos, where 800,000 SkyMiles are needed for one-way in DeltaOne to Europe from North America.
Something tells me the ‘good ole days’ are over for many of these corporate pseudo-currencies. Was fun while it lasted. Earn ‘em and burn ‘em fellas!