Hot off the heels of news that Korean Airlines would no longer be available as a Chase Ultimate Rewards transfer partner, Chase has announced that JetBlue will be taking its place.
Like the rest of Chase’s transfer partners, Chase Sapphire Preferred and Reserve cardholders can move their Ultimate Rewards points into a TrueBlue account at a 1:1 ratio, in increments of 1,000. The question is, should you?
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If you have a Chase Sapphire Preferred, where points are valid for 1.25 cents each when booking travel directly, probably! But if you have a Sapphire Reserve, it’s probably not your best option.
To see why, here’s a flight I priced out from Houston to Boston. It costs $234 roundtrip, or 15,200 TrueBlue points, plus $11.20 in taxes and fees.
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The same flight, when booked through Chase’s travel portal with a Chase Sapphire Reserve, would cost 15,493 points, including your taxes and fees.
That’s a better deal to begin with, and since Chase Ultimate Rewards bookings are treated as revenue tickets, rather than reward tickets, you’d also earn 702 TrueBlue points on your flight, making Chase’s portal the obvious choice here.
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If you have some TrueBlue points in your JetBlue account already, and just need a few thousand more to book a specific flight, that’s one scenario where it might make sense to transfer your valuable Ultimate Rewards points. JetBlue also occasionally runs sales that take 20% off reward flights booked during specific periods. But otherwise, our advice is to stick to Chase’s portal.
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