JetBlue Card from American Express

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At a Glance:

  • Issuer: American Express
  • Intro APR: 0%
  • Regular APR: 13.99%
  • APR Type: Variable APR
  • Annual Fee: $40
  • Application Fee: $0
Link to Application

Review:

The JetBlue Card from American Express is designed for those who travel frequently with JetBlue Airlines and would like to take advantage of the airline reward program. Through the reward program, cardholders earn one Award Dollar for each dollar spent on the card. Two Award Dollars are earned for each dollar spent on JetBlue flights, restaurants, movie theaters, gym memberships, event tickets, and golf green fees. It is important to understand that 200 Award Dollars are equal to one TrueBlue® point, and 100 TrueBlue® points are equal to one round-trip flight. Card users receive 5,000 bonus Award Dollars after the initial purchase, which equals 50 TrueBlue® points toward a free round trip ticket. There is no limit to the amount of Award Dollars that can be earned, but TrueBlue® points expire one year after they are earned, and TrueBlue® awards expire one year after they are issued. In addition to the reward program, cardholders can expect common benefits offered by American Express, such as various emergency assistance services, purchase protection, extended warranty services, and up to $100,000 in travel accident insurance. The annual fee of $40 is reasonable as compared to other airline reward cards. The interest rate is above average for purchases and balance transfers. Therefore, those who can afford to pay in full each month (to avoid finance charges) and plan to take advantage of the reward program will benefit most from what the JetBlue Card from American Express has to offer.

Second Opinion:

The JetBlue Card, designed for small business cardholders, gives you 5% discounts on any JetBlue flight that is purchased with the card, as well as 50 TrueBlue points for the first purchase made. Any other purchases will give the cardholder Award Dollars, which can be used toward gas, car rentals, merchandise and discounts on JetBlue flights. Not too shabby so far...

To drill down and really look at how this card stacks up to its competition we have to evaluate the monetary value of JetBlue’’s TrueBlue points. Using our airline miles to dollars conversion tool, we see that every JetBlue TrueBlue point is equal to about $3.00 cash. Without bogging you down in the math, that means you earn the equivalent of 3% cash back when purchasing JetBlue tickets and 1.5% cash back when using the credit card on just about everything else. That’s not too shabby when compared to other rewards cards, but the real kicker is that, as we mentioned, you get 50 TrueBlue points just for signing up and buying something, which is pretty much like getting $150 cash towards a plane ticket. So, if you are a frequent traveler or someone who is planning on taking a trip with JetBlue, signing up for this card can net you some excellent value.

Rates and Fees:

  • Introductory Rates: The JetBlue Card from American Express has an introductory rate of 0%, which applies to none and is effective for up to months.
  • Purchase APR: After months, when the introductory rate ends, the APR for purchases will be 13.99%. This APR is variable.
  • Cash Advance APR: The cash advance APR is 22.99%. Please note that the introductory rate does not apply to cash advances and that the cash advance APR for this particular card is variable. Please also note that the cash advance fee is .
  • APR Type: The APR on purchases for this card is variable and the APR on cash advances for this card is also variable. A fixed APR means that it is guaranteed for the life of the credit card and a variable APR means that it could change according to market conditions.
  • Balance Transfer Fee: This card does not charge an extra fee for balance transfers at this time. However, this policy may change in the future. Please contact card services if you plan on making balance transfers in the future.
  • Annual Fee: The annual fee is $40.
  • Payment Grace Period: The grace period for this credit card is 20 Days. This means you have 20 days to pay for your purchase before interest accrues.
  • Late Payment Fee: The fee for a late payment is n/a.
  • Over-The-Limit Fee: The fee for spending over this card's limit is $30.
  • Application Fee: There is no application fee.

Rewards:

  • You will earn Points for using this card.
  • For every dollar you spend, you will earn 1 point.
  • 2 points (award dollars) for each dollar spent on jetblue flights, restaurants, movie theaters, gym memberships, event tickets, and golf green fees. 1 point (award dollar) for each dollar spent on all other purchases.
  • 200 points (award dollars) are equal to 1 trueblue® point, and 100 trueblue® points are equal to one round-trip flight.
  • What's the expiration policy for miles? 1 year (trueblue awards expire 1 year after they are issued.)
  • Is there a yearly point limit? none

Card Features and Perks:

  • Full Featured Online account management tools.
  • No liability for unauthorized Internet transactions.
  • Identity theft assistance.
  • Don't worry. Merchandise purchased with credit card will be automatically insured.
  • Up to double the warranty on merchandise bought with card.
  • Complimentary car rental insurance.
  • Card replacement in case of emergency.
  • Medical referral services.
  • Legal referral services.
  • Free travel insurance for up to $100,000 just by being a cardmember.
  • Details and more benefits and perks can be found at the card's website.