Banco Popular, JetBlue, and Mastercard Launch New Business Credit Card for USVI and Puerto Rico

Banco Popular, JetBlue, and Mastercard have announced the launch of the JetBlue Business Mastercard®, a new credit card aimed at small and midsize businesses in the U.S. Virgin Islands and Puerto Rico.

According to a release issued Thursday, the product was described as unique, and the first for Mastercard in the region's business segment to include JetBlue's TrueBlue rewards program, offering travel-related benefits tailored to commercial clients.

The JetBlue Business Mastercard® provides cardholders with multiple rewards, including TrueBlue points for purchases. Users earn three points per $1 spent on JetBlue purchases, two points for hotel stays, and one point on all other purchases, according to the release. Other benefits include one free checked bag for the primary cardholder and up to three companions, as well as a 50% discount on inflight food and beverage purchases. Additionally, new cardholders can earn 30,000 TrueBlue welcome points after spending $5,000 within the first 90 days of opening the account.

Solimar Cedeño, senior vice president of the Credit Cards Division at Banco Popular, highlighted the card’s focus on helping small business owners. “The JetBlue Business Mastercard® has been designed specifically for small business owners. This new product not only provides access to a wide range of benefits, but it also reflects our commitment to supporting businesses in their growth and success,” said Cedeño.