Citibank has been working on two new products to replace the existing Citibank Ultima, which has been their lifestyle and travel credit card in India for about five years or more, and was their product equivalent of the American Express Platinum. Over a period of time, the Jet Airways and Priority Pass privileges went away and the product proposition was vastly reduced. Since American Express launched their Centurion in India, Citibank will be relaunching the Ultima to compete with the Amex Centurion, and Citibank Prestige will be launched in India at INR 20,000 plus taxes to be the lifestyle credit card for Citibank. My guess is this product will be issued as a Visa product in India, while it is…
Credit Cards
Category Archives for Credit Cards.
Your Citibank Double Miles have posted
Citibank had launched a Double your Miles promotion in November 2013, where the top 5000 registered spenders were going to get upto 50,000 extra PremierMiles. The miles were going to be credited to the accounts of the top 5000 spenders by the 15th of March 2014. So, last night, I checked into my account by sending a text message “Rewards xxxx” to (+91 9880752484) where the xxxx were the last four digits of my Citibank PremierMiles credit card. And I noticed a bounty of an extra 49,000 PremierMiles in my account. So, if you registered for the Citibank PremierMiles Double Miles promotion in 2013, check your accounts and you’ll find out if you were the top 5000 spenders or not.…
Status Match available on Air India Flying Returns
SBI credit cards started to issue Air India co-branded credit cards last year, and they are maybe one of the best airline credit cards out there from an Indian perspective. Take an example, if you get the Signature version of the card, you get: 20,000 Air India miles to start-up on payment of first year annual fees 1 Air India upgrade voucher on sign-up 20,000 Air India miles bonus on spending INR 3 lakhs in the year 20,000 Air India miles bonus and Air India Silver Club status on spending INR 5 lakhs in the year 50,000 Air India miles bonus and Air India Gold Club status on spending INR 10 lakhs in the year Air India / SBI Cards…
Free Ticket codes very good reason why you should keep your Jet co-branded credit cards
One of the query I receive frequently from readers has been about the renewal for their Jet Airways co-branded credit cards issued by HDFC Bank, American Express and ICICI Bank. Most readers find it attractive to receive the card in the first year with 15,000 to 30,000 JP Miles as sign-up bonus, and want to cancel it after the first year because the second year renewal benefits are not as good, and they are paying the same amount of fees. While everyone who likes collecting miles across the globe loves to look at the US banks and the ability of US residents to churn credit cards every 3-6 months for big sign-up bonuses, it is a heartbreak indeed that the…
My 2014 Credit Card Strategy
Last week, I wrote about my 2013 Mileage Credit Card strategy, where I told you guys I managed to get something about 264,000 miles basis credit cards issued in India for the full calendar year. For 2014, here are the credit cards I am looking at having in my wallet. Take note that while I intend to publish full reviews for each product at some point of time, it may be a while before I would be able to bring them all in the fold. To make it simple, I’ve updated my Mileage CC calculator for 2014 numbers, so have a look and see which is the best one for you. Here are the cards I already have, and I’ll…
My 2013 Indian Credit Card mileage wins
I know it is a little late in the day to put out a round up for 2013, but I thought I’d do it anyways. I did not get the time to put a post earlier than this, but all I can tell you is we are lucky to be living in times when the mileage earning game is just about getting started in this country. And I am happy to be on board earlier rather than later. For the rest of you, miles and points are not just a silly hobby, but they can finance a lifestyle if you did all the right things. For the longest time, for 10 years or so actually, India just had one major…
Citibank offering INR 2,500 referral for new PremierMiles Credit Cards
Citibank PremierMiles Credit Card is easily my go-to credit card, purely because of the flexibility it offers in terms of earning mileage for air travel (10 PremierMiles/ INR 100) and non-air travel related purchases (4 PremierMiles/INR 100). PremierMiles add up easily, and never expire. Not to forget, you have promotions like double miles every now and then. You can transfer them to 10 different airline or hotel loyalty programs, or use them to book tickets directly at www.premiermiles.co.in by redeeming them for INR 0.5 value per PremierMile spent. You can read my review here, from May 2012. You also get a limited number of trips to the lounge every quarter for domestic Indian Airports. Anyhow, Citibank has now taken the…
Mileage Earning Credit Cards in India: 2014 comparison
Last year, I managed to put together a worksheet where I wanted to be able to help you all compare the various mileage earning credit cards in India, as per your spend patterns. Since then, a lot has changed in terms of products out there in the market. Some of these included the launch of the SBI/AI credit card, and the scaling down of mileage earning on ICICI Bank Jet Airways credit cards. I’m now happy to put out version 2 of the worksheet, which you should be able to access via Google Sheets. Like always, here is a quick primer on how this works with a few simple inputs: Step 1: You’d need to select if you are Jet…
ICICI & Citibank PremierMiles mileage earning changes for 2014
I wanted to put out this post so that I could remind all of you of certain changes that are supposed to kick in as of January 1, 2014 for Citibank PremierMiles and ICICI Bank Jet Airways credit cards. Citibank PremierMiles had waived off the cap of INR 5,00,000 per annum on Airline tickets spend to earn Accelerated mileage (10 PremierMiles/INR 100 spend) last June as a special promotion. However, this promotion was valid only till December 31, 2013. From January 1, 2014, any airline spend as defined below, will earn 10 PM/INR 100 spend till you reach the limit of INR 5,00,000 for the year, and then you earn 4 PM/INR 100 for airline spends on an on-going basis as…
The hidden traps of having the Air India SBI Credit Cards
I somehow do hate it when various companies do not give full disclosure on their products. The flavour of the season has been the Air India SBI Credit Card, where the issuing company took a lot of time to come out with the first set of cards. Check out my post a few weeks back, where I discussed the launch of the card, which is also now being used by SBICards as a customer problem resolution centre of sorts with stock replies! Now a couple of things I could not find out on the website, or I was not informed about when I was signing up for the credit card. First and foremost, when a credit card company states that…
Citi PremierMiles 50% transfer bonus to Hilton HHonors till December ‘13
Citibank is on a roll with transfer bonuses over the past couple of days it seems. After signing up new transfer partners in IHG Rewards Club, Hilton HHonors, Taj Inner Circle, Malaysia Airlines & Eva Air last month, they are now running a transfer bonus with Singapore Airlines. And now, they are running another transfer bonus with their new partner Hilton HHonors. This time around, if you transfer 10,000 PremierMiles, which convert into 15,000 Hilton HHonors points (due to the 1PM=1.5 HHonors conversion rate), you get an added bonus of 5,000 HHonors points as well. There are no limits to the amount of PremierMiles you can transfer under this promotion and the amount of extra 5,000 HHonors points you can…
