Will make air travel more economical
Jet Airways has tied up with HDFC Bank to launch ‘JetPrivilege-HDFC Bank Credit Card’, a range of credit cards which will offer benefits and rewards in the form of JP Miles.
Addressing a press conference, Nikos Kardassis, CEO, Jet Airways, said, the tie-up with HDFC Bank “is another unique travel option aimed at making air travel more economical for family travel.
“We are changing the structure of JetPrivilege to ensure that the customer gets what is promised. Everything affects aviation and as airlines we need new sources of revenue and new partners.
“Now one of those is coming to fruition and the co-branded programme is a win-win for Jet Privilege, HDFC Bank and our mutual guests,’’ Mr. Kardassis said.
The JetPrivilege-HDFC Bank Credit card will be offered in World, Platinum and Titanium variants on the MasterCard network platform. The premium variant, JetPrivilege-HDFC Bank World Credit card entitles members to enjoy several lifestyle benefits, including six JPMiles for every Rs.150 spent and another 10,000 JPMiles within the first 90 days.
The partnership will enable cardholders to aggregate all their spends into one account with rewards in the form of JPMiles.
The bank issues nearly 90,000 cards a month and now its customer base stands at 5.7 million, according to Parag Rao, HDFC Bank Senior Vice-President and Business Head for credit cards and merchant acquiring services.