Latest Posts

Is JetBlue Money + Factors a great deal?


Signing up for bank cards via associate hyperlinks earns us a fee. Phrases apply to the gives listed on this web page. Right here’s our full promoting coverage.

Signing up for bank cards via associate hyperlinks earns us a fee. Phrases apply to the gives listed on this web page. Right here’s our full promoting coverage.

JetBlue is without doubt one of the few airline applications that’s factors are straight tied to the money worth of the ticket. You’ll virtually by no means get outsized worth, however you’ll often by no means do worse than 1.3-1.Four cents apiece. That signifies that 10,000 JetBlue factors would cowl a $ 130-140 flight.

Nonetheless, JetBlue has simply launched a brand new strategy to redeem your factors for flights on the airline.

JetBlue Money and Factors award redemption

JetBlue’s new redemption is named Money + Factors and it means that you can cowl a part of the airfare with factors and the opposite with money. Earlier than, you wanted the complete quantity of factors to cowl a flight. So if the flight required 10,000 factors to e-book it, you wanted these full 10,000 factors in your account to e-book the award flight.

Now, with Money + Factors, you possibly can redeem any mixture of money and factors to cowl the flight. As an illustration, with this flight to San Franciso to New York JFK that usually prices $ 174.

You possibly can redeem 12,300 factors and pay $ 5.60 in taxes for the flight:

With Money + Factors now you can redeem any mixture of cash and miles, say 7,000 factors and $ 100.10.

Or possibly you solely have 3,100 factors leftover in your account, right here you’ll use 3,100 factors and $ 145.19 for the flight.

A couple of issues to learn about Money + Factors:

  • You should utilize the Money + Factors function on any JetBlue fare apart from JetBlue’s primary economic system fare, referred to as “Blue Primary”
  • You’ll be able to't make adjustments to fares booked by way of Money + Factors, you possibly can solely cancel the ticket
  • You’ll earn factors on the paid portion of your ticket, and people factors rely in direction of JetBlue Mosiac standing. The portion of the ticket paid for with factors is not going to earn factors or qualify in direction of elite standing.

Is JetBlue Money + Factors a great deal?

Let's get right down to the meat of the story. Is JetBlue’s Money + Factors function a great deal?

The quick reply is, no. Nonetheless, there are occasions when it may possibly show helpful.

Within the above instance of the $ 174 flight, for those who have been to redeem the complete quantity of factors, you'd be getting about 1.Four cents in worth (keep in mind, 1.3-1.Four cents every is the usual worth of JetBlue factors). Nonetheless, when utilizing a mix of Money + Factors, you'll obtain a wide range of worth in your factors.

For instance, when redeeming 7000 factors and paying $ 110, you're getting 0.83 cents per level. And when utilizing 3100 factors and paying $ 145, you're getting 0.75 per level, that's about 35-40% p.c lower than what we worth JetBlue factors at.

Basically, it seems that the extra factors you utilize in a Money + Factors reserving, the much less helpful your factors shall be. The one exception is if you're utilizing the MAX quantity of factors to cowl the complete price of the flight (minus the $ 5.60 in taxes in fact). The worth of the factors will vary relying on what number of you're utilizing, so be certain to do your individual math to see what sort of deal you're getting.

(Picture by by Ryan Fletcher / Shutterstock)

The one possibility the place a Money + Factors reserving may make sense is for those who don’t have sufficient factors in your account to cowl the complete price of the flight and also you’re considering saving no matter amount of cash you possibly can. Nonetheless, we’d suggest saving up sufficient JetBlue factors to cowl the whole price of a ticket.

To keep away from a Money + Factors reserving, you possibly can high off your Jetblue account by transferring in financial institution factors from quite a lot of companions, which we'll speak about beneath.

Learn how to earn JetBlue factors

There are a variety of the way to earn JetBlue factors, whether or not that's via their very own co-branded bank card or flying paid flights. Nonetheless, the best means is by amassing transferrable financial institution factors with American Categorical Membership Rewards, Chase Final Rewards, or Citi ThankYou factors.

Two of the very best Chase bank cards are the Chase Sapphire Most well-liked® Card and Chase Sapphire Reserve® and every provide hefty sign-up bonuses:

  • Chase Sapphire Most well-liked® Card: Earn 60,000 Chase Final Rewards factors after spending $ 4,000 on purchases inside the first three months of opening your account.
  • Chase Sapphire Reserve®: Earn 50,000 Chase Final Rewards factors after spending $ 4,000 on purchases inside the first three months of opening your account.

60,000 Chase factors might be price as much as $ 840 of airfare on JetBlue!

Backside line

It's nice that JetBlue has added one other strategy to redeem its factors, and it may be a great possibility for those who don’t have sufficient factors in your account to cowl the price of a whole reward flight. Nonetheless, it's unlucky that the worth might be fairly poor in comparison with a standard award flight. The best time to do a Money + Factors reserving is if you don’t have sufficient factors in your account to cowl the complete price of a flight and may’t switch in any factors from a transferable factors program.

For extra evaluation on the very best offers in factors and miles, subscribe to our publication, which is delivered every day to your inbox.

Editorial be aware: We're the Million Mile Secrets and techniques group. And we're pleased with our content material, opinions and evaluation, and of our reader's feedback. These haven’t been reviewed, permitted or endorsed by any of the airways, motels, or bank card issuers which we frequently write about. And that's simply how we prefer it! 🙂

Latest Posts

Don't Miss