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JetBlue Business Credit Card

• Start out with a great wedding gift - 5,000 Membership Rewards® points the first time you use the Card, which can be redeemed for a $50 gift card.
• Earn an additional 10,000 bonus points when you spend over $15,000 on the Card annually.
• Track all of your wedding - related expenses with the Card on one monthly statement.
• No annual fee. Pay over time or in full.
• Exclusive Welcome Gift: Plan every detail of your wedding with The Knot Wedding Planning Kit, including The Knot wedding binder, where you can manage wedding ideas, budgets, guest lists, to-do’s and more.

Just The Facts –

Issuer :  American Express

APR :  3.99%.

Introductory Period : 6 months

APR After Introductory Period : 13.24%

APR On Purchases : 18.24% Variable

APR On Cash Advances : 23.24% Variable

Annual Fee : $40

Credit Line Possible : The Jet Blue Business Card From American Express has no pre-set spending limit; however, purchases are approved based on credit record, account history, and personal resources.

Insurance included :  Auto rental insurance, a purchase protection plan, extended warranty, return protection, identity theft protection and up to $100,000 in travel accident insurance.

Financing Configuration – Interest is calculated on your average daily balance (including purchases made on that day).

Grace Period – You have twenty days after making a purchase during which you do not have to pay interest.

The Best Thing About It - Cardholders earn one Award Dollar for each dollar spent on the card. Two Award Dollars are earned for each dollar spent on JetBlue flights, gas, wireless phone charges, car rentals, and office supplies and equipment. 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.

The Worst Thing About It – True Blue Points and True Blue Awards expire after only one year. You cannot use the points anywhere else but on Jet Blue Airlines. Another thing to consider is the high APR rate after the introductory rate expires.

Credit Rating Needed For Acceptance :  Good to Excellent.

Who Is It For?

The JetBlue Card from American Express is designed for business people who travel frequently with JetBlue Airlines and would like to take advantage of the airline’s reward program.

The Benefits

 

The Jet Blue Rewards and Points program is very generous. You get two points (Award Dollars) for each dollar spent on JetBlue flights, restaurants, movie theaters, gym memberships, event tickets, and golf green fees.  You also get one point (Award Dollar) for each dollar spent on all other purchases.

You receive a bonus with first use of your Jet Blue Business Card From American Express. Cardholders receive 5,000 bonus Award Dollars after the first purchase, which equals 50 TrueBlue points toward a free round trip ticket.

You don’t have to accumulate many points to earn airfare.  200 points (Award Dollars) are equal to 1 TrueBlue point, and 100 TrueBlue points are equal to one round-trip flight.

You manage your Jet Blue Business Card From American Express account online. This card comes with an online account that provides the convenience of paying your credit card bill online.

You can print out a Year End Summary. You can customize and print out a summary of the expenses you have incurred on your Jet Blue Business Card From American Express. Information can be sorted from a number of different categories before you print it out. You may also receive a paper Year End Summary in the mail by calling the number on the back of your Card, which can also help to simplify tax preparation.

Duplicate Jet Blue Business Card From American Express cards are complimentary.  Additional cards for family members who are free and you can earn Jet Blue rewards every time they are used as well.

You have a Return Protection Plan. If you try to return a designated item within 90 days from the date of purchase and the merchant won’t refund you or replace it, American Express will refund the full purchase price, up to $300 per item.

You have extra protection from theft or loss of your card while traveling.  American Express provides quick emergency cash and emergency card replacement should your card be stolen.

You have ample travel insurance.  Jet Blue Business Card From American Express offers $100,000 in travel insurance.

The card comes with a Global Assist Hotline. Whenever you travel more than 100 miles from home, you are covered for medical, legal, financial or other emergency assistance, including medical and legal referrals, visa/passport help, cash access, lost luggage and more

 

The Drawbacks

 

The introductory rate of 3.99% ONLY applies if you plan to transfer a balance from another credit card. Otherwise the rate for the Jet Blue Business Card From American Express is much higher.

The APR is variable! The APR for purchases varies according to the applicant’s credit history and will be calculated on .99%, 5.99%, 8.99% or 10.99% + Prime Rate.

Cash Advances have an extraordinarily high APR depending on your credit rating. The APR for cash advances varies according to the applicant’s credit history and the variable rate is a whopping 23.24 % variable rate!

Monthly payments are applied to purchases first.  The amounts that you pay monthly are not applied to the highest interest garnering activities such as taking out a cash advance.  This can make it longer to pay off your debt.

The introductory interest rate for Jet Blue Business Card From American Express is not guaranteed. If you make a late payment on any bill during the first six months, not just your credit card bill, your introductory 0% rate can be replaced with the prime rate.

The grace period is short. The grace period for this credit card is only twenty days compared to the usual thirty days before you start paying interest on your purchases.

Points and rewards will expire after one year. You need to use your points in one year or you will lose them.

The Return Coverage is limited. Coverage is limited to $300 per item, excluding shipping and handling, and up to a maximum of $1,000 annually per Card Account and is subject to additional Terms, Conditions and Exclusions.

 

Fees To Watch Out For

Late payment fee:  $30

Over the Limit Fee: $30

Cash Advance Fee: 3%, $5 minimum for Express Cash transactions

Balance transfer fee:  The balance transfer fee is at the discretion of American Express and may only be disclosed at the time that the balance transfer is to take place.

To Summarize –

Jet Blue Business Card From American Express is useful mainly for frequent travelers on Jet Blue Airlines who think they can use up their points within a year. It is not a good card to carry a month-to-month balance on as the APR rate is very high.

Intro APR	Intro APR Period	Regular APR	Annual Fee	Balance Transfers	Credit Needed
3.99% for Balance Transfer	6 months	18.24%	$40	Yes	Good Credit