JetBlue TrueBlue - Only benefit to a JetBlue Amex is $10 savings?

Search is down. Travel is soon and I am considering paying a annual fee for a JetBlue Amex.

Been combing through this board and it appears the TrueBlue points will still expire and only the Amex points won't expire if I pay for a card.

Is that still right? A 2008 article on Webflyer.com says otherwise.

1st ticket is $50 off for a $40 annual fee? So, bottom line the only benefit for applying for this Amex is the $10 savings?

The Jetblue points won't expire. Here's the fine print on the CC application


The expiration date of all TrueBlue Points in your TrueBlue Membership Account will be extended to be 1 year from any date you have a TrueBlue point credited to your TrueBlue Membership Account from one of the following activities: (1) Using your JetBlue Card account for eligible purchases or (2) The primary account holder flying a JetBlue flight segment that is paid for with your JetBlue Card account. Eligibility and timing are based upon the date the TrueBlue point is credited to your TrueBlue Membership Account from one of the above qualifying activities.

http://www.americanexpress.com/jetbluehome

You'll also recieve 50 Trueblue points for applying

Take a look at this thread (http://www.flyertalk.com/forum/other-credit-card-programs/941662-jetblue-amex-opinions-some-questions.html) for a detailed discussion on the JetBlue AMEX card.

The other thread provided is a good resource. Additionally, the TrueBlue program will be changing, so that may be a benefit (I imagine) with the card. I really with they would roll out some specifics of what we can expect of the new program.

Thanks for the reply, folks. The link referenced was very helpful. Also, I ran across a good link for discussion about the new TrueBlue2 that is in the future. http://www.flyertalk.com/forum/jetblue-trueblue/931924-some-potential-bad-details-about-trueblue-2-a.html