There is a new promotion on purchased points. I want to share the details of it, but I also want to point out that buying TrueBlue points almost never represents a good deal.
Through Wednesday, April 20, 2022, there is a discount on purchased points. It appears that the standard deal is for up to a 30% discount, though different accounts may be targeted for different offers. You have to log into your TrueBlue account to see what you are eligible for.
The accounts I manage have a tiered discount of up to 30%.
You can purchase at most 50,000 points per transaction, and at most 120,000 points per year. If you maximized the bonus, you could purchase a total of 50,000 points for $1,034.69, which is a cost of 2.07 cents per TrueBlue point.
This offer probably isn't worth taking advantage of, but it's also one of the worse value promotions we've seen.
Loyalty programs can make a lot of money selling points. Many loyalty programs sell points directly to consumers, generating tens of millions of dollars in revenue each year. This can be a win-win for both programs and consumers.
TrueBlue is a revenue based frequent flyer program and that isn't something that works for JetBlue. TrueBlue points can be redeemed for 1.5 cents each toward the cost of a JetBlue fare, but it's usually much less than that, and I value TrueBlue points at 1.3 cents each.
There isn't any way to get value out of TrueBlue beyond that. I'm not sure if the model for selling points is a good one or if it's just a percentage bonus.
If you're trying to top off an account for a redemption, this promotion isn't worth it. Buying 1,000 points will get you enough to book that award, and I could see it being worthwhile.
I would probably save for my next redemption, but I could see how some would rationalize this. The biggest percent discount only kicks in when you purchase 30,000 points, which is a big purchase to make.
Mosaic members used to be able to redeem points to upgrade to Even More Space seats at a reasonable cost, but that is no longer the case.
There is a discount on TrueBlue points. The accounts I manage are eligible for a 30% discount and can be used to buy points for 2.07 cents each.
There aren't many circumstances in which this is a good deal because TrueBlue is a revenue based program. I wonder if people are actually buying TrueBlue points at this price. This would be similar to an airline where you can buy a gift card for $300.
I'm missing some TrueBlue points.