Just to let everyone know, now that Jet & Citibank India has come out with their co-branded Platinum card, the Jet-Citibank Gold card mile earn ratio will be now reduced to 2 miles per Rs. 100/- spent, while the Platinum version will now earn the 4 miles per Rs. 100/- spent.

Another change is that the upgrade certificate earn level will be different for the Platinum card, where it will earn *international* upgrade certs, instead of the domestic ones earned on Gold right now, and which will be continued to be earned on Gold...

More in a bit...

Edited to Add: I submitted an application to "upgrade" from my Gold to Platinum, so that I will still earn the 4 miles per Rs. 100/-. Results awaited...

From the 9w website:

"Features and Benefits of the Jet Airways Citibank Platinum Card

Income Eligibility:

Sr. No. Card Feature Jet Airways Citibank Platinum Card
a. Joining Fees NIL
b. Annual Fees Rs. 2000, NIL for Platinum members till they retain their tier
c. Add-on Fees NIL
d. Renewal Fees Rs. 2500 Primary


Reach:

Sr. No. Card Feature Jet Airways Citibank Platinum Card
a. Acceptance Accepted in over 170 countries world-wide
b. ATM Outlets in India Visa and Visa Electron


Insurance Details:

Sr. No. Card Feature Jet Airways Citibank Platinum Card
a. Personal Insurance Rs. 30 Lacs


Usage:

Sr. No. Card Feature Jet Airways Citibank Platinum Card
a. JPMiles 4 JP Miles for every Rs. 100


Other Benefits:

Sr. No. Card Features Jet Airways Citibank Platinum Card
a. Enrollment Bonus 3000 JPMiles
b. No. of add-ons allowed Five
c. Affiliation Visa and MasterCard


Special Features:

Enrollment Bonus - 3000 JPMiles
One Complimentary upgrade voucher on sign up & renewal
Two 50% Family Discount Vouchers on sign up & renewal
Renewal Bonus - 4000 JPMiles
Première counter check-in*
Complimentary access to all Première Lounges*
Double JPMiles on ticket spends on Jetairways.com
Upgrade voucher on accrual of 8000 JPMiles
15 kgs. excess baggage allowance
Special offers from Visa and MasterCard.
Concierge service
*Valid within India only.

All features and benefits stated above valid for primary cardholders only and not for add-on cardholders."

Therefore, in order to earn upgrade vouchers (now allows both international and domestic upgrade, in *multiples*, such as 5 per sector, one-way! :eek:) is now *twice* as hard to achieve, requiring Rs. 200,000/-, versus the old ratio of an upgrade voucher every 4000 miles (Rs. 100,000/- charged)!

Full details here: http://www.jetairways.com/Cultures/en-US/India/Special+Offers/Citibank+Credit+Cards/Jet+Airways+Citibank+Platinum+Card/

Jet & Citibank have also introduced a new card, the Jet Airways CitiBusiness Credit Card, considered to be a Gold card.

Benefits as under:

"Income Eligibility:

Sr. No. Card Feature Jet Airways CitiBusiness Card
a. Joining Fees NIL
b. Annual Fees NIL
c. Add-on Fees NIL
d. Renewal Fees NIL


Reach:

Sr. No. Card Feature Jet Airways CitiBusiness Card
a. Acceptance Accepted in over 170 countries world-wide
b. ATM Outlets in India Visa and Visa Electron


Usage:

Sr. No. Card Feature Jet Airways CitiBusiness Card
a. JPMiles 2 JPMiles for every Rs. 100


Other Benefits:

Sr. No. Card Features Jet Airways CitiBusiness Card
a. Activation Bonus 1000 JPMiles
b. No. of add-ons allowed Five
c. Affiliation VISA only


Special Features:

Working Capital Financing
Special Discounts for Office Supplies, Consultancies, etc.
Activation Bonus: 1000 JPMiles
Double JPMiles on ticket spends on Jetairways.com
Two 30% Family Discount Vouchers on sign up & renewal
Renewal Bonus - 1000 JPMiles
Upgrade voucher on accrual of 10000 JPMiles
10 kgs. excess baggage allowance
*Valid within India only.

All features and benefits stated above valid for primary cardholders only and not for add-on cardholders."

Full details here: http://www.jetairways.com/Cultures/en-US/India/Special+Offers/Citibank+Credit+Cards/Jet+Airways+CitiBusiness+Card/

I know that the rules say that you have to be an Indian resident.

Is there a way for NRIs to get the cards? For example, can you establish a large deposit/balance and use the card? What if you have a PAN number and are paying taxes locally in India?

A question about this card. Do you think citibank would object to business billing? I mean can I charge my companies phone, purchase bills to this card without any problems? This would mean me billing transactions of around 4L a month. (imagine how many miles i could earn in a year)

I am asking this as they also have a Citibank Jet Corporate card which seems to be for business. But that only rewards 2 miles miles 100rs.

A question about this card. Do you think citibank would object to business billing? I mean can I charge my companies phone, purchase bills to this card without any problems? This would mean me billing transactions of around 4L a month. (imagine how many miles i could earn in a year)

I am asking this as they also have a Citibank Jet Corporate card which seems to be for business. But that only rewards 2 miles miles 100rs.I just would do it and see - ICICI Bank singles out certain charges they find suspect and will then object to this, but not Citibank, as far as I know....

I just would do it and see - ICICI Bank singles out certain charges they find suspect and will then object to this, but not Citibank, as far as I know....

I don't get it. Why would they want to single out transactions. I spend money on credit card, they get % of the money from the company. The more i spend, the more they earn. It seems like a win-win situation.

Why would they not like you spending money? I can understand if you are billing loads on Petrol purchases where the CC company does not earn money. But for normal transactions they should be happy?

Anyone care to shed some light on this?

I don't get it. Why would they want to single out transactions. I spend money on credit card, they get % of the money from the company. The more i spend, the more they earn. It seems like a win-win situation.

Why would they not like you spending money? I can understand if you are billing loads on Petrol purchases where the CC company does not earn money. But for normal transactions they should be happy?

Anyone care to shed some light on this?They are Indian banks, that's why! ;) :p

They are Indian banks, that's why! ;) :p

I forgot about that.... :D

Many of the US credits cards such as Chase have award restrictions. Each of my Chase credit cards limits me to a maximum of $600 in anual cash rebates. Even Discover cards have limits on rewards/rebates.


I don't get it. Why would they want to single out transactions. I spend money on credit card, they get % of the money from the company. The more i spend, the more they earn. It seems like a win-win situation.

Why would they not like you spending money? I can understand if you are billing loads on Petrol purchases where the CC company does not earn money. But for normal transactions they should be happy?

Anyone care to shed some light on this?