Disclosure: Miles to Memories has partnered with CardRatings for our coverage of credit card products. Miles to Memories and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Links in this post may provide us with a commission.
JetBlue Virgin Elevate Match Is Amazing
Yesterday I wrote about what amounts to one of the better deals of the year. In fact, I think my original post, which was written when I was still waking up for the day, wasn’t enthusiastic enough. The greatness of the deal simply hadn’t sunk in yet. Now it has.
In case you missed it, JetBlue will more than match your balance of Virgin America Elevate points. Why is this good? Because 50,001 Elevate points become 75,000 TrueBlue points. Yes, you get to keep your 50,001 Elevate points too. The one down side is you do need to fly a roundtrip JetBlue flight, but that is cheap enough for most. I urge you to visit my original post for terms.
Transferring Points Works Too
If you don’t have any Virgin America Elevate points then don’t worry. That is because you can transfer points in from another program. Specifically:
- 100K ThankYou or Membership Rewards = 50K Virgin Elevate
- 40K Starwood Starpoints = 50K Virgin Elevate
ThankYou, Membership Rewards or Starpoints?
If you have enough of each of these currencies (which I do), then you must look at the overall value of the transfer. For ThankYou and Membership Rewards, you are getting 125K fairly valuable points for 100K fairly valuable points. Probably still a good deal, but not as good.
The real killer part of this deal is SPG Starpoints. For only 40K Starpoints you end up with 125K combined TrueBlue and Elevate points. JetBlue points are generally worth 1.7 cents each and Virgin points are generally worth 2.2 cents each, so the overall value of those 125K are $2,375. That is a value of about 6 cents per Starpoint!
Timeframe for SPG Transfers to Virgin America
Yesterday I looked at my SPG points balance and ultimately decided to transfer over 40K points. It took about 15 hours for the points to post. I then emailed JetBlue and have yet to hear back, but given that it is the weekend and given the popularity of this deal, I expect it to take awhile. The good news is that transfers are taking less than a day so you should be able to get in before the deal’s expiration date.
This is a deal that just keeps looking better every time I think about it. Now that I have had a day to look at it, I am contemplating spending another 40K Starpoints to do get my wife’s account matched as well. While I like to keep a stash of Starpoints, I fear the value we will get for them when converted to Marriott Rewards will be terrible and to be honest 6 cents per points is amazing!
Miles to Memories has partnered with CardRatings for our coverage of credit card products. Miles to Memories and CardRatings may receive a commission from card issuers.