Tag Archives for Citi.

Citibank India to devalue reward points for airmile transfers from 1 Sept’12

If you use a ‘regular’ credit card, i.e., not a mileage earning one or a co-branded card from Citibank, you are most probably earning reward points for your transactions on the card. Now, while most people like to use these reward points for ordering shopping vouchers or gifts from their rewards catalogue, all my reward points are usually transferred to my  mileage accounts with one or the other airlines. Citibank offers the capability to convert these reward points to airmiles on Jet Privilege and Air India Flying Returns. They are now going to reduce the number of miles offered per reward point with effect from 1st September 2012 on these regular credit cards. As per the conversion chart posted on…

Continue Reading »

Hang on, do not use your Citi PremierMiles for Jet Airways redemptions

So I have been telling you to go get yourselves the Citibank PremierMiles Credit Card for a while, right? Like I recently wrote, Citibank and Jet Airways walked away from the Jet Airways co-branded partnership. But this seems to have had a huge impact on the ability of Citibank to run its PremierMiles program as well. A few days after this move, Citibank PremierMiles portal could not display any tickets on Jet Airways, either for revenue or for redemption. What validated the assumption that Jet Airways/Jet Konnect was not showing up on the PremierMiles website by design was this little note that turns up every now and then asking you to book on the Jet Airways website and get…

Continue Reading »

New partners on the Citibank PremierMiles card and 1 week to convert from Jet Airways CC

Its been a while since I’ve given you an update on the Citibank PremierMiles credit card. If you’re a Citibank Jet Airways credit card holder, the date to convert to the PremierMiles credit card is coming closer and you have one more week to call the Citibank helpline and get your card converted. I recently reviewed the ‘new’ PremierMiles credit card. If you call before 30 June 2012 to convert your card, you get the new Citibank PremierMiles credit card for Rs. 1,000 annual fee and 10,000 PremierMiles in your account after your first transaction. Here are some pointers to add to your decision-making if you haven’t made your decision yet. Like you know, Jet Airways has been offering 3x…

Continue Reading »

Citibank Premier Miles Card changes and special promo on international spends

For those of you who have picked up a Citibank Premier Miles Card in its earlier shape and size, here is some good news and bad news. Citibank is commonsizing the old and new product, and hence, changing the mileage earning capability on the new card in the following manner: Effective 21st May 2012, Citibank has moved the mileage earning to earn 4 miles per Rs. 100 spent on non-airline categories, up from the current rate of 2.5 miles per Rs. 100. 10 miles per Rs. 100 at airlines continues, but now capped to airline spends of Rs. 5 Lakhs in a calendar year. For spends beyond this, you would earn 4 miles per Rs. 100 spent. It is not clear how will…

Continue Reading »

Sunday Plastic: The ‘new’ Citibank Premier Miles Credit Card

A couple of weeks back, I reviewed the Citibank Premier Miles Credit Card for all of you. Too bad, as a fallout of the breakup between Citibank and Jet Airways, Citibank is forced to revise the product proposition, and the earlier product is no longer on the market. To help you choose if to go with the Citibank Premier Miles credit card or not, I review the new card product for you below. Citibank is currently offering to switch all existing Citibank Jet Airways Credit Card holders to this card product by June 30. Sign-up bonus: If you are signing on for the card afresh, you will be offered 2 complimentary ticket codes which allow you to book domestic flight…

Continue Reading »

Burn Notice: Citibank and Jet Airways – friends turning foes!

I did not intend to put out such an attention-grabbing headline out here, but considering I feel cheated and walked over, I might as well. And that too with brands such as Jet Airways and Citibank which I profess all over the place. I’m glad this happened before I wrote my Sunday Review series on the Jet Airways Citibank Credit Card though. The bad news…something I can claim proudly I was ahead of the curve on. The Jet Airways Citibank Credit Card partnership, which is was about 12 years old, is over. Yesterday, a lot of Jet Airways Citibank Credit Card members received the following email informing them of the move: Dear Card Member, We would like to thank you…

Continue Reading »