My strategy for tackling the amazing JetBlue points match deal

Given the current and awesome JetBlue point match deal, I’ve been trying to figure out my personal strategy.  Should I transfer points from SPG to Virgin America?  Should my wife and son participate too?  I’ll lead you through my thinking which is specific to my situation (where I live, where I tend to fly, etc.).  Hopefully this thought process will be helpful to you too.

The conclusions in this post are purposely specific to me.  Everyone should decide for themselves whether this JetBlue offer is worth pursuing.  Hopefully the thought process described in this post will be useful to you even if my conclusions are not.

As a reminder, JetBlue is currently offering to match the number of points in your Virgin America Elevate account simply by registering and then flying a JetBlue roundtrip flight.  But, they’re actually offering to do more than a 1 to 1 match!  At the low end, 500 Virgin America points will result in 5,000 JetBlue points.  At the top end, 50,001 Virgin America points will result in 75,000 JetBlue points.  By all accounts, this is an amazing offer.

JetBlue points match

The JetBlue points match flight requirement cost: somewhere around $0

The obvious cost of this promotion is that, after successfully enrolling, you must book and fly JetBlue roundtrip by August 31.  My closest airport is Detroit Metro, which has two JetBlue nonstop routes: Boston and Fort Lauderdale.  While we tend to fly to Fort Lauderdale pretty often, we rarely do so in the summer.

Boston might be a better option.  It so happens that we have a Delta award flight booked to Connecticut in August.  Thanks to my Delta Platinum status, we could cancel and redeposit the miles for free.  Instead, we could fly JetBlue to Boston and drive the extra hour or so.  The cost per person for the JetBlue flight would be $272 or $292, depending upon which flight we select.

To me (and specifically to me), Delta miles are worth a minimum of 1.4 cents each.  If I cancel the Delta flights, we’ll get back 25,000 miles per person.  That works out to about $350 worth of miles per person that we would get back.

So, by switching to JetBlue, we actually come out slightly ahead financially (if we consider miles to be a currency), but we’ll have a much longer drive.  I’m OK with that, but I will most likely have to put up with significant grumbling from my teenage son.

Overall, I’d say that, for me, the cost of the roundtrip flight requirement is minimal.

The point cost: ~$904

To maximize points with this promotion, and if you’re starting with 0 Virgin America miles, the best option is to transfer 40,001 SPG points to Virgin America.  Since SPG offers 5,000 bonus points per 20K transfer, this will result in 50,001 Virgin America miles.  And, with the successful enrollment and completion of the promo, it will result in 75,000 JetBlue points as well.

In my case, I have 3,500 Virgin America points sitting around.  Still, I would transfer 40,000 SPG points in order to maximize the transfer bonus.

So, the point cost of the deal = 40,000 SPG points for me (40,001 for my wife and son if they participate).

For those without SPG points, up to 30,000 points can be purchased for about 2.45 cents each thanks to a current deal which ends July 1.

I have a hard time determining how much I personally value SPG points.  I love their flexibility in being able to transfer to a huge number of airlines with a better than 1 to 1 ratio (20K to 25K), and I love having the option of using points to book Starwood hotels, and even Nights & Flights.  That said, it would be silly to value the points higher than the current cost to buy them (2.45 cents each), otherwise I would buy them, but I haven’t done so.  So, instead, I’ll use the current Fair Trading Price of 2.26 cents per point.

At a 2.26 cents per point valuation, the 40,000 SPG points that I’m thinking of transferring are worth a hefty $904.  That’s a lot!

As an aside, if you don’t have SPG points, but want to transfer from Citi ThankYou or Amex Membership Rewards (MR) instead, keep in mind that the transfer ratio is 2 to 1.  You will have to transfer 100,000 ThankYou or MR points in order to get 50,000 Virgin America points.  If you value those transferable points at about 1.5 cents each, then your point cost would be $1,500 (plus an excise tax if you transfer MR points).

My personal valuation of 50K Virgin America Elevate points: More than $1,140

A critical piece of information for making this decision is to know the value of Virgin America and JetBlue points, not in the abstract, but for real.  How would I really use these points?  And, given that, how much value would I get from them?

Transferring points from a transferable points program is a one way process.  It means converting points that are incredibly flexible into program-specific points that have limited uses. Virgin America doesn’t fly out of my home airport (Detroit).  So, to fly Virgin America, I would have to separately position myself to an airport they do fly from.  After reviewing their route map (found here), I decided that it is very unlikely that I would use Virgin America miles to fly Virgin America.

I did check a number of flights, though, and I confirmed that points were worth about 2.1 cents each, give or take, towards Virgin America flights.  That assumes that you would pay the price to fly Virgin America anyway.  Otherwise, the value may be considerably less if you would have flown a cheaper airline.

One flight that is at least possible for me to fly at some time is Los Angeles to Hawaii.  I could imagine separately flying to LA and then going onward via Virgin America.  I picked a one-way flight and compared dollar and point prices:

Price in dollars:

VX LAX OGG dollars

Price in points:

VX LAX OGG points

Point values Los Angeles to Maui, Hawaii

After accounting for the $5.60 TSA fee on the point prices, I calculated the following point values:

  • Main Cabin: 2.11 cents per point
  • Main Cabin Select: 2.09 cents per point
  • First Class: 2.06 cents per point

This valuation does not count the fact that you do not earn points when redeeming points.  Therefore, the true valuation should be slightly less.

Virgin Atlantic Detroit to London

Virgin America lets you use their points to fly various partner airlines (Virgin Atlantic, Virgin Australia, Emirates, Hawaiian Airlines, and Singapore Airlines).  Of those, the only flight that originates in Detroit is the Virgin Atlantic flight to London.  We do fly to London often, though, so this is probably my most likely use of Virgin America miles.

Here’s their award chart for the Detroit to London flight:

VX Detroit to London

Thanks to this miles & points hobby, I’m spoiled and will always fly business or first class when I can.  So my eyes are immediately drawn to the “Upper Class” (really business class) row: 35,000 points plus $910 in taxes and fees.  $910 is an insanely high price to pay in cash for a supposed free flight award.  On the other hand, 35,000 points is a crazy low number of points for round trip business class to Europe.

So, is it a good deal or not?  Let’s consider that I would be willing to pay 125,000 Delta miles + $300 for the exact same flight:

Delta biz award DTW LHR VS

I regularly get a minimum of 1.4 cents per mile value from Delta miles (and usually much more).  So, if we say that the Virgin America award saves me 125,000 miles valued conservatively (for me) at 1.4 cents each, we can calculate the per point value of the Virgin America points:

  • Delta miles: 125,000 miles at 1.4 cents each = $1,750
  • Total “cost” to use Delta miles to book Virgin Atlantic award: $1,750 + $300 in taxes & fees = $2,050
  • Total savings when using 35,000 Virgin America Elevate points: $2,050 Value – $910 Fees = $1,140
  • Virgin America point value: $1,140 / 35,000 = 3.26 cents per point

Reasonableness check: the above analysis assumes that I value a non-stop round trip business class flight to London at $2,050.  That sounds about right.

Virgin Australia Los Angeles to Sydney

This is the award that everyone talks about.  Who wouldn’t want to fly round trip business class from the US to Australia for only 80,000 points and $130?  Or, fly one way to Australia for 45,000 points and $40.

VX LAX SYD Virgin Australia

Virgin Australia is known to have an amazing business class which is only getting better with the introduction of brand new all aisle access lie flat seats suites.


Sign me up!  The problem?  With Virgin Australia’s new cabin configuration, they have far fewer business seats.  This translates to far fewer award seats available.  Plus, I’ll have to separately book a positioning flight to Los Angeles.  Fortunately, flights to LAX from Detroit tend to be cheap.

Using the same Delta methodology as above, I can calculate the value of Virgin Elevate miles (to me) for this award.  For the same round trip flight, Delta would charge 180,000 miles plus $108.66 in taxes and fees.

  • Delta miles: 180,000 miles at 1.4 cents each = $2,520
  • Total “cost” to use Delta miles to book Virgin Atlantic award: $2,520+ $109 in taxes & fees = $2,629
  • Total savings when using 80,000 Virgin America Elevate points: $2,629 – $130 = $2,499
  • Virgin America point value: $2,499 / 80,000 = 3.12 cents per point

Reasonableness check: the above analysis assumes that I value a round trip business class flight from LAX to Sydney at $2,629.  That’s a bit lower than I would have thought, so the point valuation of 3.12 may actually be conservatively low.

The Alaska factor

Given the fact that Alaska is acquiring Virgin America, there are many unanswered questions about what will happen to the Virgin Elevate program.  Will they continue it as a separate program?  Or, will they fold it into the Alaska MileagePlan program?  My guess is the latter.  And, if they do fold it in, how will they convert Virgin Elevate points to Alaska miles?  Will they convert 1 to 1?  2 to 3?  1 to 2?

For a thorough overview of this question, please see: How to play the Alaska / Virgin America deal.  Personally, even if the conversion is 1 to 1, I would be pretty confident of getting good value from those miles.  Alaska does have a flight out of Detroit (to Seattle) and onward flights to Hawaii.  Both are destinations that we are likely to return to fairly frequently.  Alaska also has a number of great partners in which their miles can be used.  I have yet to fly Cathay Pacific first class, for example, and Alaska miles would be a great option for doing so.

The value of 50,000 Virgin America points… to me: more than $1,140

It is possible that I would use my points to fly Virgin America to Hawaii and get ~2.1 cents per point value.  Or, maybe I would fly to Australia and get ~3.1 cents value.  Most likely, I would fly to London and get 3.26 cents per point value.  But, that flight to London only costs 35,000 points (+ lots of cash).  So, in that likely scenario, I would have at least 15,000 Virgin America points left over.  Still, if I get 3.26 cents value per point, those 35,000 points will have netted $1140 in value.  In other words, the proposed 40K SPG transfer to 50,000 Virgin America points is likely to result in more value than I previously ascribed to those 40,000 SPG points!

As icing on the cake, I would have more than 15,000 Virgin America miles left over.  I could either use those for an unlikely Virgin America flight, or sit on them to see what happens with the Alaska merger.

Note the circular reasoning here. If it is likely that I’ll get 3.1 cents per point value from Virgin America points, then I should value SPG points even higher (thanks to the 20K to 25K transfer ratio).  On the other hand, it doesn’t make sense to value SPG points higher than the current price to buy them…  Regardless, the point here is to see whether I’m likely to get “good value” (whatever that means) from the transferred points.  Given the above analysis, I’m pretty sure that I will get good value for at least the first 35,000 points.

My personal valuation of 75K JetBlue TrueBlue points: $840

This one is pretty easy.  I tend to fly with my family to southern Florida at least once per year.  I compared flight prices to point prices for a few dates in which we would likely fly and found that point values ranged from 1.2 cents per point to 1.4 cents per point.  Let’s arbitrarily decide that I’ll leave 5,000 of the 75,000 points stranded.  In that case, I’ll conservatively get 70,000 x 1.2 cents = $840 worth of flights.

Wrap Up

In the above analysis, I found that my personal cost for participating in this deal would be about $904 per person (in the form of SPG points) plus a couple of long-ish car rides.  Even if I bought the SPG points directly, with the 30% off deal going on now, the cost per person would be just $980 (note: you can’t really buy more than 30,000 points per person – $980 is the price that it would cost if you were allowed to buy 40,000).  In return, the expected per-person value, for me, will be about $1,980, not counting the extra points left stranded in both programs.  That’s a “travel profit” of over $1,000 per person.

Yesterday, after writing most of this, I transferred 40,000 SPG points to my Virgin America account.  But, what about my wife and son?  They each have some SPG points, but both are short of 20K, let alone 40K.  I could have topped them both off to 40K by moving my points to their accounts, but that would have left me considerably short on SPG points for a specific future redemption that I have in mind.  So, given the number of points I had available to allocate, I considered the following scenarios:

  1. Gift enough SPG points to wife and son to get each to 25,001 SPG points. They could then transfer those points to Virgin America to get to 30,001 points each. Then, with completion of the promo, they would get 50,000 JetBlue points each.
  2. Gift enough SPG points to wife to get to 40,001 and to son to get to 10,001.  After transfers, they would end up with 50,001 and 10,001 Virgin America points, respectively.  My wife would then get 75,000 JetBlue points and my son would get 30,000.
  3. I could either buy extra miles from SPG, or transfer points from Citi and Amex to get both my wife and son to 50,001 Virgin America points.  They would each then get 75,000 JetBlue points.

This was a tough decision!  Option 3 appears to be the best deal, considering the likely value we’ll get from all of those points.  But, I’m not at all sure that I want to invest extra in this deal.  I’m not excited enough about earning JetBlue points to want to invest cash, and I’m not too thrilled with the idea of the 2 to 1 transfer ratio with Citi or Amex.

Option 1 would get both my wife and son close to enough Virgin America points for our most likely use: 35K points business class to London.  We could easily top off their accounts when necessary for that redemption.

Option 2  has an advantage over option 1 if my wife and I travel together without our son (to Australia, perhaps?).  This option concentrates more Virgin America points in her account and fewer in my son’s.  Since Virgin America doesn’t have a family pooling option, it definitely may come in handy to have the points less spread out.  Luckily JetBlue does have a family pooling option, so it won’t be a problem to have those points spread out.

Ultimately, I decided to go with Option 2.  Yesterday, I initiated the transfer of enough of my SPG points to get my wife to just over 40,000 points and my son to just over 10,000.  Hopefully the transfer will happen quickly.  If the points haven’t appeared by Thursday morning, I’ll have to switch to Plan B… once I figure out what that is.


If you have any questions about the JetBlue Points Match Deal, please see: The Ultimate Guide to JetBlue’s points match deal.

About Greg The Frequent Miler

Greg is the owner, founder, and primary author of the Frequent Miler. He earns millions of points and miles each year, mostly without flying, and dedicates this blog to teaching others how to do the same.

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26 Comments on "My strategy for tackling the amazing JetBlue points match deal"

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How long does it take to transfer points from Spg to VA?
So your revenue flights to Boston have to each be booked individually?

Shawn Coomer - Senior Editor

It took 15 hours for my transfer initiated last Friday.


I transferred yesterday at 5:30PM. Points were in my account this morning.


initiated transfer at 7:30 A.M on Saturday, received VX points at 8:30 A.M Sunday, but it varies from one transaction to another.

Sarah N

I wanted to add a data point since I’m super excited by being able to participate in this deal! Thank you for your post from Saturday! Totally eye-ing a trip to Peru with these JetBlue points.

I transferred 7500 SPG points on Saturday, and then another 2502 points on Sunday, and as of 9:48 am today, all points have been deposited.

Nancy O

Great specific analysis post Greg! Account transfers are complete, awaiting registration confirmation from B6, am contemplating husb situation still. Requested and approved status matched to mosaic (good thru 12/31/16) for the security/boarding/no change/cancel fee (will be flying at least 1 B6 flight anyway, perhaps will complete the challenge to secure status thru 12/31/17), and well, applied and approved for B6 Barclaycard (10% point redemption bonus) – I just decided to go all in!


Transferred spg to vx sat eve, points posted by sun am. About 12 hrs even on weekend- surprised. Emailed jetblue sunday, still no answer…

Nancy O

Also – B6 TrueBlue pts can be redeemed for Hawaiian flights – no redemption chart published, but revenue-based and have to call B6 to book.


Would a round trip JetBlue flight started and completed on a single day count? Say, take an early morning flight and return on an evening flight the same day? I’m trying to avoid having to book a hotel room…


I have family pooling with JetBlue… I’m trying to make sure that my wife and myself will BOTH be eligible for this promotion even though we’re under the same family pool



Andrew B.

Does transferring to Elevate work with SPG Nights and Flights? Wouldn’t that be the way to get maximum value out of transferring Starpoints? Do those awards take the same amount of time to transfer?

will s

Wow, great post, yet I got one of your famous migraines after about the third paragraph — hope it all works for you. Your calculations rely on converting everything to cash values, quite “rational” I suppose. Yet your assumptions, at spots, left me scratching my aching head. First, as you know, I think, aren’t we talking about Virgin ELEVATE miles/points here — not mere Virginia America? As such, the value of the deal potentially even better than you suggest. {Check back for Drew/TIF’s brilliant posts on the potential values of the Virgin Elevate points. (e.g. r/t to Hawai for 20k) Aren’t they still valid? And that’s before we speculate on what happens to the VA/Elevante point values after the merger….. (1/2 — perhaps, but who knows.)

I don’t have the Starwood points, so the value of this deal far less clear to me…. No? Yet I do have a small residual of 28.5+k Amex points (from a miserable amex bds card soon to be closed b4 the nasty a/f hits)…. I had been about to pull the trigger on a transfer to FlyingBlue (again, a Drew/TIF post on FlyingBlue much impressed — and yes, we can now transfer CUR points there too)

Yet this JetBlue promo is causing me pause. I may well transfer 7.5k of that Amex 28k to Jetblue (yes at the awful 5/4 rate) then 21k to a new VA/Elevate account (at 2/1) — giving me the 30k deal of much prized JetBlue points (my fav. airline, btw), plus 11k VA/Elevate points for the future. (VA/E has a promo of 500 points for first purchase via their shopping portal)

I was even tempted to unload from the prized Chase UR stash to … elevate the Elevate account to 30k…. (to produce the 50k bonus in JetBlue points) But as you, Shawn and others have noted, the returns there not nearly … as lucrative. (in effect, that would be giving up 60k from combined CUR and Amex, plus pay for a J/B r/t flight, to get 80k combined in Elevate & Jetblue…. not all that thrilling, more restrictive, and too much future uncertainty re. Elevate)

…. and I didn’t have to convert anything to cents per point/mile to figure that out either. 😉


Can you transfer 40,001 SPG points? I thought they had to be in increments of 1,000?


[…] What is the best way to get points for this deal? SPG is probably the best option thanks to having a much better transfer ratio than the other transferable points programs, plus the fact that they’re selling points at a discount right now.  Click here to read an in-depth overview of my own personal strategy with this deal.. […]


Wow still no email answer from jetblue after 2 days. Anyone else? How fast have they been answering everyone? Already transferred spg to vx and that was quick…but now waiting on jetblue


Has anyone received the confirmation email from Jetblue yet? I sent out the screenshot 2 days ago and have yet heard anything back from Jetblue.


I just spoke with JetBlue because I sent my request for this promotion in twice in the last 72 hours, and I’ve received no response. The Rep told me that it could be 5-7 business day to get a response due to the volume of requests they’ve received and the fact that their manually processing each request.


[…] JetBlue is currently offering to more than match your Virgin America Elevate point balance, up to 75….  JetBlue points are best used to pay for JetBlue flights.  Virgin America points are valuable not just for Virgin America flights, but also for flights on partner airlines: Virgin Atlantic, Virgin Australia, Emirates, Hawaiian Airlines, and Singapore Airlines. […]


is it too late to transfer spg points today 7/2 and have the balance show up by the end of 7/4?