**Amex Membership Rewards Program Launches New Transfer Bonus**
The American Express Membership Rewards program in the U.S. has launched its newest transfer bonus, creating a temporary chance for cardholders to enhance their points. From May 4 to May 11, 2026, members can benefit from a 10% bonus when transferring points to JetBlue TrueBlue. Normally, Amex points transfer to JetBlue at a 250:200 rate, but with this initiative, the rate improves to 250:220.
This promotion is automatically applied during the transfer, enabling members to utilize it multiple times, with a limit of 999,750 points per transaction. However, transfers to U.S. frequent flyer programs are subject to a federal excise tax of 0.06 cents per point, capped at $99.
Although Amex and JetBlue have previously teamed up on transfer bonuses, this 10% offer is less favorable than the 25% bonus offered in late 2024. Yet, it provides an opportunity for those who regularly travel with JetBlue or are interested in redemptions with partner airlines.
JetBlue TrueBlue points typically provide a value of approximately 1.3 to 1.5 cents each, especially for JetBlue flights. Moreover, JetBlue’s alliances with airlines such as Qatar Airways, Condor, and United Airlines extend additional redemption possibilities, although availability may be limited.
Despite the potential advantages, some individuals might be reluctant to transfer Amex points due to JetBlue’s frequent point promotions, which could yield better value. Ultimately, the choice to transfer relies on personal travel plans and preferences regarding point valuation.
**Bottom Line**
The Amex 10% transfer bonus to JetBlue TrueBlue, valid until May 11, 2026, offers an opportunity to boost the value of Membership Rewards points for JetBlue passengers and those considering partner redemptions. Although not the most generous promotion, it may be beneficial for particular travel requirements. Will you seize this limited-time opportunity?