American Express Transfer Bonus: 25% To JetBlue (Transfers Now 1:1)

The Offer

Direct link to offer

• Receive a 25% bonus when you transfer your American Express membership rewards points to JetBlue. For example, transfer 1,000 American Express membership rewards and receive 1,000 JetBlue miles. Normally you’d only receive 800

The Fine Print

• Minimum transfer is 250 Membership Rewards points. Redeem for this exclusive offer from 12:00 a.m. MT on May 1, 2017 to 11:59 p.m. MT on May 31, 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.

Our Verdict

American Express have offered the following transfer bonuses on JetBlue before:

• August 15th – September 15th, 2014: 25% bonus
• June 12th, 2012 – June 17th, 2012: 30% bonus

There was also a targeted bonus for 40% that ran from November 1st – November 30th in 2014. There was another targeted promotion for 20% that ran from June 28th – September 30th, 2011.

Citi ThankYou points transfer at a 1:0.8 rate if you have one of their premium cards and they recently offered a 50% transfer bonus so that would have been a better deal. I guess if you have Membership Rewards points and want JetBlue points then this is your best opportunity.

American Express is also offering a 30% transfer bonus to Virgin Atlantic. You can view a full list of all the transfer bonuses American Express have offered here.

Hat tip to Danny Deal Guru