Credit Cards

Tag Archives for Credit Cards.

My 2015 Indian Credit Cards Mileage Earning Strategy

Credit Cards play a huge role in earning miles in the current scenario around India. Here are all the credit cards I am spending on currently, along with my rationale for each of the credit cards. Have a look.

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JetPrivilege extending validity of miles for co-branded card holders

I just received a wonderful surprise from JetPrivilege in my email, something that maybe a lot of you would be receiving shortly or have already received as well. JetPrivilege just sent out an email stating that the validity of all my JetPrivilege miles was being extended from 3 years to 5 years. I wasn’t ever worried about their expiry due to my JetPrivilege Platinum status, but seems like I have more time now even in case I don’t have Platinum status anymore. The email states that you need to hold at least one active co-branded credit card to get yourself the 2 year extension of your mileage balance expiry. This means not just holding the card but having made at…

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An insight into my miles and points balances

As I reached another 7-figure benchmark on the total number of miles and points I control (my own and my family), I thought it would be a good idea to do some slice and dice on the data for my own self to be able to understand where I stand, and for you to have an insight as well. For the purpose of this exercise, I just downloaded all my balances from AwardWallet, and assigned the same value to all the miles there. So, an Air India mile = An AAdvantage mile = A Hyatt Gold Passport Point = an IHG point. In reality they are different, because for instance you need much lesser Hyatt points to stay at a…

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Citibank, Axis Bank & American Express Credit Card Referrals in India

Citibank offering up to INR 9999 for member referrals in India Citibank ran a pretty lucrative member-get-member promotion earlier in the year, where they offered the originating member (who made a referral INR 2,500) per card referral which was successful. Citibank is now back with a new promotion, where you get INR 2,000 per card referral which is successful, up to 5 cards for INR 9999. I think the INR 9,999 limit comes into play because at INR 10,000 or more, they’d have to start doing Tax Deductions and issue TDS certificates as well. You need to have an existing Citibank Credit Card or Citibank Savings Account to be able to make a referral. The person you refer to, should…

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Citibank Premiermiles: New Signups get extra 10K miles for INR 50K spend in 60 days

The days of American style sign up bonuses are finally coming into India. There is a new promotion that has been sent out to members of Singapore Airlines KrisFlyer program this morning, which gives you an extra 10,000 PremierMiles for spending at least INR 50,000 on the new card within 60 days of activation. While I have a review of the Citibank PremierMiles Credit Card I did in 2012, here is a quick summary of the features: All spend earn 4 PremierMiles per INR 100 spend Airline purchases and accelerated partner spends earn 10 PremierMiles per INR 100 spend. GoIbibo, Yatra, Raymonds, Bookmyshow are some of the accelerated spend partners. All PremierMiles convert to Airline miles in a 1:1 ratio…

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Upto 50K Miles & More Miles Bonus returns with Axis Bank Credit Card

Axis Bank took over the the Miles & More co-branded credit cards portfolio in Q1 2013, and had been offering an accelerated bonus of up to 20000 miles on signing up the card before March 15, 2014 and spending at certain benchmarks. The promotion has now returned for a brief while, for card applications received till April 15, 2014. In summary, there are two Axis Bank Miles & More credit cards on offer: M&M Axis Bank MasterCard World: This is the lower version of the credit cards, and comes with 5000 miles after first transaction, and 4 miles for every INR 200 of eligible spend.  The joining fee is INR 3,500 and the annual fee from the second year is…

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