TrueBlue points valuation?
Hello. From my own redemptions and from reading the various bloggers, I've always thought of JetBlue points being worth around 1.3¢ each. My last redemption, though, was only 1¢ (a nearly-full Mint flight). I'm pricing out a trip right now between JFK and Phoenix at Christmastime and seeing the same thing – my points are worth 1¢ versus the cash fare. Is there some rhyme or reason to this? It's really annoying for these points to be worth 30% less than I've been thinking they were worth... What am I missing here?