Got an email that they're adding a version of pay yourself back. Don't see any mention of the point value:
Great News!
Starting 3/1/2023, you’ll have a new redemption option, Points Payback. It will let you redeem TrueBlue points to receive a statement credit and pay yourself back for purchases of $25 or more, made within the past 90 days, up to a maximum of $1,000 worth of statement credits per calendar year.
Effective 3/1/2023, the Reward Rules for your account are being amended for clarity and to include this new benefit:
Points Payback Redemption
Redeem TrueBlue points to receive a statement credit and pay yourself back for purchases of $25 or more, made within the last 90 days, using your Card Account up to a maximum of $1,000 worth of statement credits per calendar year. The statement credit will be posted to your Card Account billing statement within 1 billing cycle. Statement credits reduce your Card Account balance but cannot be applied toward any minimum payment requirement and are otherwise subject to the terms and conditions applicable to your Card Account. You can log in to your Card Account at jetbluemastercard.com to redeem.