Earn Double TrueBlue Points For Travel On Icelandair

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JetBlue is my favorite US-based airline and Icelandair is one of my favorite transatlantic carriers. Both airlines operate out of beautiful terminals at their respective main hubs, and the latter has a fantastic business class lounge in Keflavik.

Icelandair Business Class lounge spread.
Icelandair Saga Class lounge spread.

The two airlines recently partnered to offer award miles through their respective award programs. To celebrate, JetBlue is offering double TrueBlue miles on all Icelandair tickets to Europe, including Iceland, through July 7, 2017. Icelandair is offering double miles through their program, Saga Points, though their redemption rates aren’t all that attractive.

Award costs for Alaska Airlines flight through Saga Miles.
Award costs for Alaska Airlines flights through Saga Points.

The great thing about TrueBlue points is that they’re redeemable on any JetBlue flight. One TrueBlue point is worth ~1.4 cents toward the value of a ticket, though there are instances when you can get a little better value. Flights can cost as little as 1,000 points one-way, which presents some incredible redemption opportunities.

Take the below example:

Icelandair SEA-KEF-MUC

Let’s say you fly from Seattle to Munich via Keflavik. These flights cover a distance of 10,598 miles roundtrip.

Earnings for flights on Icelandair through TrueBlue.
Earnings for flights on Icelandair through TrueBlue.

Under normal circumstances you’d earn 10,598/2 for economy class tickets, which would still be 5,299 miles. Through July 7th, you’ll earn 10,598 miles for economy class tickets, an insane 21,196 miles roundtrip in Economy Comfort and 26,495 miles roundtrip in Saga Class.

Given how hard it can be to earn TrueBlue points when flying JetBlue (since they offer a revenue based return), this is a unique opportunity to earn many of them. At 1.4 cents each, the above earnings represent a $148 return for economy tickets, $297 for Economy Comfort ticket and $370 for Saga Class.

Keep in mind that you might want to compare your potential earnings with Alaska before crediting your points to TrueBlue. Alaska Mileage Plan has some valuable redemptions, and offers especially generous earning rates if traveling in premium cabins.

Icelandair earnings through MilagePlan

In this case, you’ll be best off crediting Saga Class flights to Alaska, while economy and Economy Comfort should go to JetBlue. You can credit miles for Icelandair flights from April 3rd and onwards.

But, it gets even better. If you have the JetBlue Plus Card you get a 10% refund on all your points redemptions, which can get you ~1.6 cents of value per point. This provides an even better return when crediting to TrueBlue.

Are you flying Icelandair soon? Will you be crediting your flights to TrueBlue because of this promotion?

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Comments

  1. I am flying from SFO to MUC but thanks to the rotten deal on American, I decided to use my Alaska Miles. I am flying Icelandic and looking forward to the journey even more since reading your post.
    (BYW: Anyone have a suggestion for my 120K AA miles? [fire sale} Just useless despite Daniel’s recent post about using them. His post did NOT match my experience

  2. Thanks Dan for a great informative article. Its so nice to read info on this site without the caustic comments. It certainly is a great opportunity earn Jet blue points!

  3. Michael,

    I’d use 120K AA miles for partner airlines, i.e. anything except AA or BA.

    Examples would be FinnAir, Cathay, Qantas and JAL.

  4. Now if I could just find some uses on Jet Blue for my Saga Miles…..

    If I fly Icelandair again, I will probably credit it to Jet Blue.

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