Amex MR to adjust mileage transfer ratio (downwards) in India again

Last year, American Express went about readjusting the cost of transferring MR points into miles with various programs they partner with. While the usual transfer rate used to be 1.6 MR = 1 Mile, after last year’s readjustment everything except JPMiles and Air India Flying Returns Points, everything was 2 MR = 1 Mile.

Now, as per email communication being sent out to members today, this will change as of May 2014 as well:

Effective May 10, 2014, there will be a change in airline miles redemption for Jet Airways and Air India. The existing Membership Rewards redemption rate of 1 JPMile for every 1.6 Membership Rewards Points and 1 Air India Mile for every 1.25 Membership Rewards Points would change to a redemption rate of 1 JPMile/Air India Mile for every 2 Membership Rewards Points on your American Express® Card.

So, there you have it. If you hold any MR earning cards in India and you find use for Air India or Jet Privilege miles, you should effect a transfer before May 10, 2014 to get a better value for those miles. Do remember, there is a INR 250 fee to transfer MR to miles, apart from Platinum Charge Card holders.

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About Ajay Awtaney

With a post-graduate degree in management studies from a reputed business school and graduate degree in computer science from the University of Delhi, Ajay brings a systematic and objective approach on the table for his audience. Ajay has been quoted in various reputed traditional and online media including The Hindustan Times, Inside Flyer, Bloomberg, DNA India, Conde Nast Traveller, The Telegraph, Mumbai Mirror, Mint, MoneyLife and The USA Today.

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  1. i did not transfer my points before this devaluation. Now I’m trying to figure out where i should transfer my points to. Unlike the us program, I can’t transfer to ana.

    I think the only three worthwhile partners are ba, sq and spg. I’m leaning towards spg.

    I know good uses depend on person to person, but can you tell us what you have personally used your MR points for?

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