There is a new JPMiles conversion offer where you can get up to 50% bonus JPMiles when you convert your points from other transfer partners to JPMiles. JetPrivilege regularly runs similar bonus promotions. Earlier this year, they were offering a 30% bonus. This time, they’ve raised the conversion rate to 50%.

To earn this bonus, you have to first register on their website for the offer. Once registered, you can convert points from 29 loyalty programmes to JPMiles through September 30, 2018.

You can initiate a transfer from the following programmes:

Banks

• American Express [1 JPMile/  2 Membership Reward points]
• Axis Bank [1 JPMile/ 5 eDGE Loyalty Reward Points]
• Bank of India [1 JPMile/ 5 Reward Points]
• Citibank [ Up to 5 JPMiles/ point]
• Doha Bank [2000 JPMiles/ 2000 Doha Miles]
• Emirates Islamic Bank [1500 JPMiles/ 15000 Choice Points]
• HDFC Bank [Up to 100 JPMiles/ 100 points, depending on your card]
• HSBC [1 JPMile/ 2 Reward Point]
• IndusInd Bank [100 JPMiles/ 100 Reward Points]
• ICICI Bank [200 JPMiles/ 100 Reward Points]
• Kotak Mahindra Bank [Up to 1 JPMile/ Reward Point, depending on your card]
• PNB Rewardz [1 JPMile/ 2 Reward Points]
• SBI Card [1 JPMile/ 5 Reward Points]
• SBI Rewardz [1 JPMile/ 5 State Bank Reward Points]
• Standard Chartered Bank [Up to 1 JPMile/ Reward Point, depending on your card]
• Union Rewardz [1 JPMile/ 5 Reward Points]
• YES Bank [1 JPMile/ 4 Reward Points]

Hotel Programs

• Le Club AccorHotels [1 JPMile/ 2 LeClub AccorHotel points]
• Hilton Hotels [1000 JPMiles/ 10,000 Hilton Honors points]
• IHG Rewards [2000 JPMiles/ 10,000 IHG Rewards club points]
• Marriott Hotels [1 JPMile/ 3 Marriott Rewards points]
• Radisson Rewards [1 JPMile/ 10 Radisson Rewards points]
• ITC Hotels [1.25 JPMiles/ Club ITC Green Point]
• Shangri-La Hotels [1 JPMile/ Golden Circle Award Point]
• Wyndham Hotels [1 JPMile/ 5 Wyndham Rewards point]

Other Programs

• Indian Oil Corporation Limited (XTRAPOWER Fleet Card Program) [1 JPMile / 65 XTRA Points]
• Payback [1 JPMile / 5 PAYBACK Points]
• Thanks Again [7 JPMiles / 10 Thanks Again Points]

I currently have a stash of Axis Bank eDGE Loyalty Rewards points which don’t get me a lot as their value is fixed at INR 0.20/point. The current conversion ratio is 5 eDGE Loyalty Rewards points: 1 JPMile. If I go ahead and convert a block of 10,000 points, I should get 3000 JPMiles after the bonus. That works out to INR 0.67/JPMile. But that’s not the case. The bonus also depends on the number of points I convert. In this case I just get 2000 JPMiles.

So I snooped around a bit and here are the bonus slabs which the folks at JetPrivilege are using.

Conversion to JPMiles	Bonus JPMiles
0-4999	0
5000-19999	15%
20000-74999	30%
75000+	50%

Don’t go rushing off converting your points just yet. Even after the bonus, you still might not get the maximum value out of many of these conversions. For 10,000 IHG Rewards points, you can book a decent hotel room, especially if you use their points breaks promotion. Looking at transferring Amex MR points? You are better off transferring them to some of the other airlines and hotels who exclusively partner with Amex.

Bottomline

JPMiles are fast becoming the preferred loyalty currency in India. Considering the number of airline partners they have, it may be an idea to consolidate your loyalty points into one program using this bonus offer. Better to have one large points balance than a lot of orphan points here and there. And don’t worry, your JPMiles are safe. 

Will you be converting other loyalty points to JPMiles using this promotion?