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Jet Airways, American Express launch co-branded card for SMEs

Jet Airways American Express Corporate Card will benefit both companies and their employees.

By: | New Delhi | Published: December 11, 2014 1:31 PM

Jet Airways and American Express announced the launch of the Jet Airways American Express Corporate Card to help small & mid-sized companies and their executives save on business travel and entertainment expenses.

In an environment where corporate India is poised for economic expansion and business travel is likely to increase, the co-branded card could be a significant driver of savings, which are earned in the form of JPMiles and corporate rebates on Taj Group of Hotels.

American Express President, South Asia, Sanjay Rishi said, “Many companies may not realize it, but business travel and entertainment are among the top controllable expenses in an organization. This new product in partnership with Jet Airways delivers savings on this key expense line.”

Cramer Ball, Chief Executive Officer, Jet Airways said, “Small and Medium Enterprises as a segment play an important role in the growth of any economy with air travel being a key component in facilitating trade and commerce across geographies. Jet Airways, along with its loyalty and rewards program JetPrivilege, has embarked upon a journey to specifically address the business needs of the small and medium enterprises segment by introducing a Co-branded Corporate Card in association with American Express under the Business Rewards+ program powered by JetPrivilege.”

The Jet Airways American Express Corporate Card will benefit both companies and their employees. Companies earn a share of the JPMiles accrued by their employees on T&E expenses, and incremental JPMiles on reaching various spend thresholds on booking with Jet Airways. Employees earn a welcome bonus of 10,000 JPMiles, 3 JPMiles for every Rs 100 spent on T&E and 6 JPMiles for every Rs100 spent on for air travel bookings.  They also earn 5% discount on revenue tickets booked on and bonus JPMiles on spends with select partners

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