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JetBlue Virgin Elevate Points Match
JetBlue announced that they will match Virgin Elevate balances for members who book a flight on JetBlue. I’ll show you why this has the potential to be a huge deal and why you may want to consider transferring over points.
Show us your Elevate® Points balance by 7/4/2016, then book and fly one roundtrip JetBlue flight by 08/31/16 and we’ll match (or give you more) TrueBlue points!
How to Request a Match
- Elevate® members must email a screenshot of their account dashboard to email@example.com by 7/4/2016. Screenshots must include first name, last name, and points balance.
- Please include your TrueBlue number in the email. If you are not a TrueBlue member yet, sign up now.
- Once we assess your balance and eligibility, we’ll email you to let you know if you’re officially registered for the promotion.
Then book and fly one roundtrip JetBlue flight by 08/31/16.
You can find the full terms and eligibility requirements here.
How Points Are Matched
The offer sounds good all by itself, but now let’s look at how the points are matched:
They actually are paying 1:1 at worst! This provides for a lot of opportunity. I’ll show you how.
Transfer Points to Virgin Elevate for the Match
This match requires that you send in your account balance before July 4. That gives you time to transfer points to Virgin Elevate. Both Amex Membership Rewards and Citi ThankYou transfer to Virgin Elevate at a 2:1 ratio. Not great by itself (although Elevate points are valuable), but it is great with this promo.
For this scenario I’ll assume you have at least 1 Virgin Elevate point:
- Transfer 100K TYP or MR to 50K Virgin Elevate.
- Fly on JetBlue and Earn 75,000 TrueBlue points.
- 100K TYP or MR = 50K Virgin Elevate and 75K TrueBlue.
Of course you do need to actually fly roundtrip, but for those in markets with a lot of shorter JetBlue flights it shouldn’t be too expensive. My best route would be LAS-LGB which is $133 roundtrip.
Transferring SPG Starpoints
SPG Starpoints also transfer to Virgin Elevate, but at a ratio of 1:1 and you get a 5K bonus with a 20K transfer. This means:
- 40K Starpoints = 50K Virgin Elevate
So for transferring 40K Starpoints, you could potentially earn 50K Virgin Elevate points and 75K TrueBlue points after completing your flight.
Possibility of Elevate Miles Doubling to Alaska
Virgin Elevate is a dying program as it is set to be shuddered sometime after Alaska Airlines complete their purchase of Virgin America. Since Virgin Elevate points are worth much more than Alaska miles, some have speculated that they will be doubled when the programs are combined. While this is far from guaranteed, this could be a way to end up with 100K Alaska miles and 75K JetBlue points for 100K ThankYou or Membership Rewards or 40K Starpoints. Wow!
Virgin America Points Value
If you are new to Virgin America, then the system works quite simply. For Virgin America flights you redeem points based on the cost of the flight. Virgin Elevate points are often worth up to 2.5 cents each, but never worth less than 2 cents each. They also have international partners where you can redeem your points at a flat rate. You can find their award charts here.
This deal won’t be for everyone, but for those with extra points sitting in their Virgin Elevate accounts or for those with excess TYP, MR or Starpoints, this is one to consider. I know that I am seriously considering transferring over points to take advantage of this deal. How about you? Do you think this is a good value or too much hassle?
HT: The Points Guy
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.