Jet Airways has come out with a new promotion for flyers wanting to purchase Jet Privilege miles on their program. Here is the offer they make:

• 500 JPMiles to 2000 JPMiles -> 10% more JPMiles
• 2001 JPMiles to 4000 JPMiles -> 20% more JPMiles
• 4001 JPMiles to 6000 JPMiles -> 30% more JPMiles
• above 6000 JPMiles -> 40% more JPMiles

JP Miles are usually priced at INR 1.25 per JP Mile (about 2.3 cents). Using this promotion at the highest end of purchasing more than 6,000 JP Miles per transaction, the cost per JPMile becomes INR 0.90 per JP Mile (about 1.6 cents) accounting for the 40% bonus. The offer is valid till 31st August 2012.

I see it as an opportunity to take up some miles to top-up your account if you need them, otherwise you can just pass! Here is why.

If you are a flyer primarily inside India, then you can combine this promotion with the 20% off domestic redemptionsas well. As per my calculations, however, this will not work out cheaper on any segments if you decide to go for redemption after buying miles, and will cost you a tier-point as well.

If you are looking forward to flying internationally, then you will anyways have a hard time finding seats on the Jet Airways network, more so in the premium cabin. However, there is an extensive network of 24 airline partners and you can use your miles for redemption on these partner airlines. Partners include Air France, ANA, AA, CX, QF, UA and TK. Some very reasonable award tickets can be had on this extended network, sometimes with reasonable surcharges.

Also, if you need the miles, don’t forget, you get 25% bonus on credit card conversions till 31st May 2012.

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Posted by AJ | 4 Comments

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I seriously can’t believe my eyes that this one missed my eye. See, I am Jet Airways favourite child, so I never receive their mailers and I am supposed to figure out the entire JetPrivilege program on my own. And I’ve ignored this one for a month or so because some lazy copywriter Jet Airways employs at their office or their website office has the date written as 2011, so I just ignored!

Anyways, the good news is that Jet Airways and the credit card partners feel generous and hence a 25% bonus on transfer/conversion of points to miles from any of their 15 credit card partner’s reward points into JP miles. And there are also conversion rewards for the highest reward conversions. Here is a list of the credit card partners on whose programs the bonus is now being offered:

  • American Express Membership Rewards
  • Axis Bank
  • BarclayCard
  • Citibank
  • HDFC Bank
  • HSBC
  • ICICI Bank
  • IndusInd Bank
  • Kotak Credit Cards
  • Payback (earlier iMint)
  • Punjab National Bank
  • SBI Card
  • Standard Chartered Bank
  • Tata Cards
  • RBS

Each conversion partner has its own conversion ratios, for instance, you get 1 JP Miles for 1.69 Amex MR points converted into JP miles. So, you must check with your bank about the conversion ratio before converting. However, to avail the 25% bonus, you need to convert a minimum of JP miles per bank. Threshholds are different and listed below:

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Taking the above AMEX MR example, you’ll need to use 1690 MR points to be converted into 1000 JP miles, and that is when you get the extra 250 JPMiles in your account towards the end of May 2012.

The offer is valid from 25th Feb 2012 to 31st May 2012. And only requests for conversion made during this period will be eligible for the bonus though I cannot figure how the JP service centre will know about this. I still can’t believe I missed out on this for so long, but I am glad I found out in good time for all of you to know Winking smile

There is also a free ticket offer, where  Zero Base Fare tickets will be given out to some people who convert more than 100K miles to Singapore/Dubai from India, and some others who convert over 50K miles will get a Zero Base Fare ticket inside India and 5 members who convert less than 50K will get INR 250 discount vouchers.

These kind of offers from Jet Airways are not very often. The last time I remember they gave out a similar conversion offer was in 2010, and I did manage to move some 40K miles to Jet at that point of time from various credit cards.

Do take note that it takes upto 2 weeks with some of the conversion partners like HDFC Bank, so if you’d want to make use of this conversion offer, you should be placing your request by mid- May 2012 to use up the offer by end May 2012. On the contrary, Amex MR points usually show up within a day!

While finding award tickets on Jet International routes is becoming a trifle difficult these days, considering the 20% off miles on domestic routes offer,  this makes for a good redemption on those credit card points you might usually end up buying some nifty wall clock for (I have, long back! when there were no good mileage offers Winking smile)

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I love SPG’s Starpoints. Who doesn’t? And SPG just decided to give away some more of those with all your stays at 25 recently renovated properties in the USA and Canada via this new promotion

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Simply stay from March 20, 2012 to June 30, 2012 at these participating properties to get 1000 bonus Starpoints per stay:

CANADA
British Columbia
Four Points by Sheraton Kamloops
Ontario
Four Points by Sheraton Toronto Mississauga
UNITED STATES
Arizona
The Phoenician, Scottsdale
California
Sheraton Delfina Santa Monica Hotel
The Westin Gaslamp Quarter, San Diego
Westin Bonaventure Hotel & Suites, Los Angeles
Colorado
The St. Regis Aspen Resort
Florida
Four Points by Sheraton Orlando Studio City
Sheraton Lake Buena Vista Resort
Hawaii
Sheraton Kauai Resort
Illinois
Sheraton Chicago O’Hare Airport Hotel
Indiana
Sheraton Indianapolis Hotel at Keystone Crossing
Massachusetts
Sheraton Needham Hotel
Michigan
Sheraton Detroit Metro Airport
Missouri
Sheraton Kansas City Hotel at Crown Center
Nebraska
Sheraton Omaha Hotel
New Jersey
Sheraton Parsippany Hotel
The Westin Governor Morris, Morristown
New York
Sheraton New York Hotel & Towers
W New York – Union Square
Pennsylvania
Sheraton Society Hill Hotel
Texas
Sheraton Dallas North Hotel by the Galleria
Virginia
Sheraton Premiere at Tysons Corner
Sheraton Virginia Beach Oceanfront Hotel
Washington
Four Points by Sheraton Downtown Seattle Center

Registration is required by June 15, 2012 at the promotion page, however you won’t receive a confirmation email. Only valid for paid reservations and not award nights or cash+points.

This promotion is stackable, so you could also club it with some other SPG promos, for instance, the 500 Starpoints per night for declining housekeeping at Sheratons.

 

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