JetBlue Plus World Elite MasterCard is a new product introduced earlier this year and wasn't included in our original analysis to produce the Top 10 Best Credit Cards by Dr. Credit Card list that was published the first time earlier this month. After a thorough analysis, we were pretty surprised that JetBlue Plus Card takes home the #3 spot in the rewards category and is rated #4 overall. That is an amazing feat. Let's see why.
Unlike legacy airlines, JetBlue has a revenue based frequent flyer program, and its TrueBlue points can be redeemed for JetBlue flights at an almost fixed-value rate of around 1.4 cents per point. Here you won't get an exciting redemption like an international long haul business/first class award, but you also avoid a lot of hassles trying to find an available seat and maximize points value, as TrueBlue points are very straightforward. JetBlue Plus Card has a unique feature that returns 10% points each time you redeem for JetBlue flights, essentially increasing the value of TrueBlue points to 1.55 cents a piece. In addition, JetBlue Plus offers a very competitive 6-2-1 earning structure for JetBlue, dining & groceries, and other purchases (9.3%, 3.1%, and 1.55% respectively) and several valuable perks that easily justify the annual fee, including 5,000 anniversary bonus points, first bags free, and a potential Mosaic status after $50K annual spending. Our biggest concern is that we are not sure if JetBlue will suddenly devaluate its points, as we have seen in many times in the airline/hotel industry. That is exactly the reason why we always recommend miles/points cards with transfer partners over those affiliated with a certain airline or hotel chain, as the former is much more devaluation proof than the latter. For now, however, this card makes a lot of sense for JetBlue flyers, considering its good signup bonus, amazing rewards and travel perks, and decent protection.
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