 How does a cash reward program work? Typically, the program awards points, "dollars" or a cash value based on the amount you charge. The rate at which you collect points varies depending on what you charge or where you charge it. Some programs offer extra points for using their card at a specific place such as a supermarket or fast food restaurant or for certain items.
Some programs offer a variety of rewards. Consumers can earn meals, tickets to sporting events, airline tickets, electronics, or even create their own reward program.
The goal is to get you the consumer to use your credit card as much as possible. Why? FEES! The credit card issuer makes money from two sources each time you use their card. First, from the merchant who pays the issuer a merchant transaction fee and secondly, from you through finance charges and late fees. A recent survey found that nearly half of U.S. cardholders enrolled in a credit card rewards program have never redeemed their points. However, 60% of consumers said rewards program influences their decision when deciding which credit card to use for a purchase.
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Exclusive benefit for JetBlue Business Cardmembers: 5% savings on JetBlue® flights purchased directly from JetBlue, using your Card*
50 TrueBlue® points, worth 1/2 of a free flight, after your first purchase*
Double Award Dollars on JetBlue purchases, gas, wireless phone charges, and more*
Automatic discounts at leading merchants through the OPEN Savings® program*
Your TrueBlue® points do not expire when you use your Card*
Protection when you travel: Car Rental Loss and Damage Insurance, Baggage Insurance, and more*
Jet Blue Business Card Rewards
A Business Card that earns free flights on JetBlue. After your first purchase, receive:
- Exclusive benefit for JetBlue Business Cardmembers: 5% savings on JetBlue® flights purchased directly from JetBlue, using your Card*
- 50 TrueBlue® points, worth 1/2 of a free flight, after your first purchase*
- Double Award Dollars on JetBlue purchases, gas, wireless phone charges, and more*
- Automatic discounts at leading merchants through the OPEN Savings® program*
- Your TrueBlue® points do not expire when you use your Card*
- Protection when you travel: Car Rental Loss and Damage Insurance, Baggage Insurance, and more*
Jet Blue Business CardAdditional Benefits
- OPENSM the small business team from American Express is available 24/7/365 for billing inquiries, emergency Card replacement, and more
- Comprehensive insurance protection for you and Additional Cardmembers when you travel, including Car Rental Loss and Damage Insurance and Baggage Insurance
- Coverage for eligible Card purchases, including the Purchase Protection Plan, the Buyer's Assurance Plan, and the Fraud Protection Guarantee
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