Market Overview

Chase Ultimate Rewards® Takes Off with JetBlue®, Adding TrueBlue® as its Newest Point Transfer Partner


Eligible Chase Cardmembers Can Now Transfer Ultimate Rewards Points
at full 1:1 Value to JetBlue's TrueBlue Loyalty Program

Card Services
, a division of JPMorgan Chase & Co., and JetBlue today
announced the addition of the airline's TrueBlue loyalty program as the
newest Chase Ultimate Rewards point transfer partner. Eligible Chase
cardmembers can now transfer Ultimate Rewards points to TrueBlue points
for travel on one of JetBlue's 1,000+ daily flights to more than 100
destinations. Eligible Chase cardmembers with Ultimate Rewards have
access to a total of 13 airline and hotel loyalty programs for 1:1 point
transfer, reaching thousands of destinations globally.

This press release features multimedia. View the full release here:

"We are excited to add the TrueBlue program to our point transfer family
giving customers the option to use Ultimate Rewards points to enjoy
JetBlue's award-winning service and inflight experience," said Lorraine
Hansen, Head of Ultimate Rewards and Loyalty Solutions at Chase.
"Cardmembers can transfer points to TrueBlue at full value, making it
easy to redeem for flights, including seats in Mint, JetBlue's
refreshing take on premium travel."

Eligible Chase credit cardmembers, including Chase
Sapphire ReserveSM
, Chase
Sapphire Preferred®
and Ink
Business PreferredSM
, can transfer Ultimate Rewards
points to their TrueBlue account in increments of 1,000 and are
transferred at full 1:1 value – meaning one Ultimate Rewards point is
equal to one TrueBlue point. TrueBlue points don't expire and can be
used for any seat, any time. Additionally, TrueBlue members can earn and
share points together with a Family Pooling option. Plus, JetBlue offers
the most legroom in coach (based on average fleet-wide seat pitch for
U.S. airlines), free brand-name snacks and drinks, and free high-speed
Wi-Fi, DIRECTV® and movies at every seat.

"As other airlines continue to devalue their loyalty programs for most
of their customers, we're continuing to strengthen TrueBlue and adding
more value for members," said Monique Mammoli, Director of Loyalty &
Partnerships, JetBlue. "We're delighted to welcome Ultimate Rewards and
its members to our award-winning TrueBlue program. Ultimate Rewards
offers a generous and simple 1:1 point transfer program allowing members
to enjoy JetBlue flights even faster."

JetBlue's TrueBlue loyalty program rewards all customers, regardless of
their travel frequency. With TrueBlue, there are no blackout dates with
all seats available for redemption, and points never expire. Additional
information about TrueBlue and how to register for the program can be
found at

Ultimate Rewards is the loyalty and rewards program providing value,
choice and flexibility for Chase cardmembers. In addition to redeeming
for travel, cardmembers have options to redeem for experiences, gift
cards, cash back, paying with points for a statement credit, and more.
For more information on Ultimate Rewards, visit

About JetBlue

JetBlue is New York's Hometown Airline®, and a leading
carrier in Boston, Fort Lauderdale - Hollywood, Los Angeles (Long
Beach), Orlando, and San Juan. JetBlue carries more than 40 million
customers a year to 102 cities in the U.S., Caribbean, and Latin America
with an average of 1,000 daily flights. For more information please

About Chase

Chase is the U.S. consumer and commercial banking business of JPMorgan
Chase & Co. (NYSE:JPM), a leading global financial services firm with
assets of $2.6 trillion and operations worldwide. Chase serves nearly
half of America's households with a broad range of financial services,
including personal banking, credit cards, mortgages, auto financing,
investment advice, small business loans and payment processing.
Customers can choose how and where they want to bank: 5,100 branches,
16,000 ATMs, mobile, online and by phone. For more information, go to

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