Capital One boosts JetBlue transfer rate by 50%

4
JetBlue Airbus A320 on ground blue-sapphire
Photo courtesy of JetBlue
This post may contain affiliate links that pay us when you click on them.

Capital One added JetBlue as a transfer partner in May 2019. When JetBlue was first added as a transfer partner, the transfer rate was Cardholders now receive 50% more JetBlue points when they transfer miles to TrueBlue.

Capital One Miles transfer to JetBlue TrueBlue

Effective February 4, 2020, when you transfer 2,000 Capital One Miles, you’ll receive 1,500 JetBlue TrueBlue points. This is a 50% increase from the original transfer ratio of 2:1.

JetBlue is a fixed value loyalty program and points are worth about 1.5 cents per dollar. Redemptions for Mint tickets are less (1.1 cents per dollar). This means you’re earning about 2.25 cents per dollar towards JetBlue tickets with the Venture or Spark Miles cards.

The airline flies to about 100 destinations across the U.S., the Caribbean, and Latin America. There are over 1,000 daily flights where you can redeem your points, and JetBlue receives numerous customer satisfaction awards. Every seat has complimentary WiFi and a personal TV in the seatback featuring 36+ channels of DirecTV.

JetBlue A320 Cabin Restyling photo-2019-1c
Photo courtesy of JetBlue

How to earn Capital One miles

There are four credit cards that earn Capital One miles that you can use to “erase” travel purchases or transfer to 17 airline and hotel partners. Consumers have two options and so do small business owners.

The credit cards are:

  • Capital One Venture Card – earn unlimited 2x miles on every purchase
  • Capital One VenutreOne – earn unlimited 1.25x miles per dollar
  • Capital One Spark Miles – earn unlimited 2x miles on every purchase; 5x miles on hotel and rental car reservations through Capital One Travel
  • Capital One Spark Miles Select – earn unlimited 1.5x miles per dollar; 5x miles on hotels and rental cars at Capital One Travel

The Bald Thoughts

Capital One continues to increase the value of its loyalty program. There are four credit cards that earn Capital One miles, with the business versions earning up to 5x miles per dollar. Cardholders can erase travel purchases using miles or transfer them to 17 hotel and airline partners for potentially even more value.

The old transfer ratio with JetBlue was not good enough when you consider the transfer options with competing flexible currency cards. Plus, JetBlue’s credit cards earn more points and some offer extra benefits, like free checked bags and a path to Mosaic status based on spending.

With the increase to a 2:1.5 ratio, transfers from Capital One to JetBlue make more sense. It’s like you’re earning 1.5 JetBlue points per dollar on every purchase with the Venture or Spark Miles cards.

Would you transfer Capital One miles to JetBlue now that you get 50% more points? Let us know in the comments below.


4 COMMENTS

  1. Unfortunately, Capital One is running a racket and they do not honor the 2:1.5 ratio transfer to the JetBlue TrueBlue program. They send a rejection email that runs counter to the rejection you get from their Customer Service team and there is no e-mail or Contact Us via their website to state your case, only the phone which as we all know does not provide evidence in writing. If I were JetBlue, I would terminate my relationship with the utter incompetence of Capital One.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.