Earn 2X JPMiles and More with Jet Airways ICICI Bank Cards

Jet Airways, facing severe cash constraints, appears to be using promotions like this mainly to boost short-term cash flow rather than as a routine loyalty campaign. For those interested in a deeper look at the broader situation, I previously examined how credit card companies might support the airline. ICICI Bank and JetPrivilege (now JPMiles) have launched limited-time accelerated JPMiles offers on select cards. Below is a clear summary of the offers and key details you need to know.

2X JPMiles on ICICI Jet Cards

2X JPMiles on Domestic Spends

1. Offer: Earn double JPMiles on domestic spends.
2. Applicable on: Both Visa and American Express ICICI cards.
3. Offer period: 1st December 2018 to 31st January 2019.
4. Reward rate: Effectively more than 8% on the Sapphiro range of cards.
5. To enroll: Send FLY to 5676766.
6. Fulfilment: Bonus JPMiles credited within 90 working days from the end of the offer period.
7. Source: ICICI Bank terms and conditions.

2X JPMiles on International Spends (Visa)

1. Offer: Earn double JPMiles on international spends.
2. Applicable on: Visa cards only.
3. Offer period: 1st November 2018 to 31st January 2019.
4. Reward rate: Effectively more than 8% on the Sapphiro range of cards.
5. To enroll: Send TRAVEL EASY to 5676766.
6. Fulfilment: Bonus JPMiles credited within 90 working days from the end of the offer period.
7. Source: ICICI Bank terms and conditions for the international offer.

This promotion doubles the usual JPMiles accrual and no explicit promotional cap is listed. However, standard card-level caps and terms remain applicable, so your account’s default limits still apply.

The main downside is timing: you should expect the bonus miles to post only after a long delay. Between the stated fulfilment window and ICICI’s typical transfer timings, you may be waiting five months or more before the bonus JPMiles appear in your account.

Exciting Prizes for Top Spenders (International Spends)

Exciting Prizes for Top Spenders

1. Offer #1: Top 10 spenders win an iPhone 8 (minimum qualifying spend: Rs 10 lakh).
2. Offer #2: Top spender of the day wins an Amazon Echo (minimum spend Rs 2 lakh in a single day).
3. Offer #3: Spend Rs 50,000 or more to receive a Sennheiser headphone.
4. Applicable on: All ICICI credit and debit cards (separate winners for credit and debit).
5. Spend type: International online or offline purchases and international ATM withdrawals.
6. Offer period: 11th November 2018 to 31st January 2019.
7. To enroll: Give a missed call to 9099611616.
8. Fulfilment: Prizes and rewards fulfilled within 90 working days from the end of the offer period.
9. Source: ICICI Bank offer page and terms.

In addition to the 2X JPMiles promotion, high international spenders can win significant prizes. Notably, ICICI’s international offers have been allowing both in-person and online transactions to qualify, so you may be eligible even without travelling abroad.

Bottomline

Given Jet Airways’ uncertain position, you may hesitate to chase JPMiles tied to the carrier. The decision depends on your risk tolerance. If you can comfortably absorb the risk, participating for accelerated JPMiles and prize opportunities could be worthwhile. Otherwise, it may be sensible to avoid stacking large spends specifically for this promotion.

What’s your view on ICICI Bank’s JPMiles promotion? Share your thoughts in the comments.

Update: Bonus JPMiles were credited on 19th March 2019.