The Jet Airways American Express® Corporate Card
Travel is an integral
and inevitable part of your business expenditure. However, with the Jet Airways
American Express Corporate Card, you can now turn these expenses into profits and
drive more value from every business trip, with rebates and privileges all along.
See how much you could profit your Company by putting all your travel and entertainment
expenses on the Jet Airways American Express Corporate Card, using the Benefit
Calculator below.
Here’s how the Jet Airways American Express Corporate Card could drive profits for
your business.
Potential annual expenditure on the Card
Rs.
(L=Lacs; Cr=Crores)
Overall Value of Benefit to your Organisation
Rs. 3,92,140
Rs.1,67,727
Details: [+]
Value of Benefits on Jet Airways from all Travel and Entertainment1 expenses
Rs .53,027
+
American Express Taj Rebate Earned
Rs .92,500
+
Value of Benefit from Extended Payment Terms
Rs .22,200
+
Rs.2,24,413
Details: [+]
Value of Benefits on Jet Airways from all Travel and Entertainment1 expenses
Rs .87,413
+
Savings from Other Benefits Rs .1,08,000
Click here for details on other Benefits
[+]
25% off on Car Rental Services
Rs .56,250
+
Upto 20% off on Dining Offers Rs .33,750
+
Complimentary Membership of Priority Pass
Rs .12000
+
Business Travel Insurance Rs .6000
Disclaimer: [+]
All values in the above Benefit Calculator are indicative and basis certain assumptions
and are meant for indicative purposes only, actual value may vary.
Assumptions: [+]
Assumptions for Cardmember Level Savings
Benefits on Jet Airways have been calculated by taking benefits that would accrue
as a result of redemption of JPMiles and 5% discount on air travel tickets booked
through the Jet Airways Global Linker Platform
- Cardmembers would earn 3 JPMiles for every Rs.100 spent on Travel and Entertainment1
expenses; 6 JPMiles for every Rs.100 spent on
www.jetairways.com; and additional bonus JPMiles on select American Express
partners (please visit
www.americanexpress.co.in/bonusrewards for details). 70% of spending on
Jet Airways has been assumed on
www.jetairways.com
and 5% of the overall travel and entertainment1 spending has been assumed
at select bonus partners. 75% of these JPMiles earn would be allocated to the Cardmembers
Jet Privilege(JP) account and 25% would be allocated to the Company's JP account.
- Each Cardmember would be eligible for 10,000 JPMiles as a welcome bonus; 100% of
these JPMiles would be allocated to the Cardmembers JP Account.
- Value of each JPMiles has been assumed as Rs.1.25 / JPMile (please refer to the
Mileage Chart availabe at www.jetairways.com
for details). This value might vary from time to time depending on the cost of the
ticket at the time of booking. For purposes of calcuation in this caculator the
value of eafch mile has been taken at a constant rate of Rs. 1.25 / JPMIle.
Cardmembers would be eligible to earn a 5% discount on base fare and fuel surcharge
for domestic travel and 5% discount on base fare only for international travel when
tickets are booked through the Jet Airways Global Linker Platform. For more details
visit jetairways.globallinker.com.
To calculate this benefit a domestic ticket booking has been assumed with 95% of
the value of a ticket taken as base fare+fuel surcharge.
Value from other benefits have been calculated as follows:
- Value of Benefit from Priority Pass is calculated basis the prevailing rate of Priority
Pass Membership at US$99 / membership.
- Value of Benefit from insurance has been calculated assuming Rs.3000 / person covered
/ annum.
- 5% of the spending has been assumed as dining spending at select dining partners
under American Express Dining Offers
(offers.amexnetwork.com/in)
and a 15% savings has been taken on this spending.
- 5% of the spending has been assumed at car rentals with Avis and a 25% savings has
been taken on this spending.
Assumptions for Company Level Savings
Benefits from Jet Airways have been calculated taking into consideration 25%
share of JPMiles earned by the Cardmembers and additional JPMiles earned by the
company basis the below spending on Jet Airways.
|
Company Level Base Fare Spending On Jet Airways
|
JPMiles Earned
|
|
Rs. 0-Rs. 500,000
|
Up to 11,500 JP Miles
|
|
Rs. 500,001-Rs. 1,000,000
|
17,500 to 35,000 JP Miles
|
|
Rs. 1,000,001-Rs. 1,500,000
|
46,500 to 70,000 JP Miles
|
|
Rs. 1,500,001-2,000,000
|
87,000 to 1,16,000 JP Miles
|
|
> Rs. 2,000,001
|
Over 1,39,500 JP Miles
|
50% of the value of a ticket has been assumed as base fare.
Company level benefit from Taj has been calculated based on the below spend
thresholds on Taj Hotels. The entire bill including room rate, food & beverage bill,
extras and taxes, has been considered for calculating this rebate.
|
Annual Spending on Taj Hotels
|
Rebate Earned
|
|
Up to Rs. 2.25 Lakhs
|
8% rebate
|
|
Rs. 2.25 Lakhs to Rs. 5.5 Lakhs
|
10% rebate
|
|
1,000,001-1,500,000
|
12% rebate
|
|
Rs. 5.5 Lakhs to Rs. 15 Lakhs
|
15% rebate
|
Rebate will only be offered if the minimum spend on Taj Hotels per annum is Rs.
1 Lakh or more per company. Rebate will be issued in the form of American Express
Taj co-branded Gift Cards The entire bill including room rate, food & beverage bill,
extras and taxes, will be considered for calculating this rebate. The amount of
rebate shall be determined by multiplying the total qualifying spend for the rebate
period by the applicable progressive rebate percentage.
Extended Payment terms benefit assumes 12.5% cost of funds for a company with
a average payment period of 15 days to vendors.
1Travel & Entertaintment : Includes all spending except telecommunications,
insurance, fuel and other utility services. Telecommunications includes providers
of land line phones, mobile phones, internet services, cable and other pay TV services,
and calling cards. Fuel includes petrol, diesel, CNG from Oil Marketing Companies
(OMCs). Other utility services includes providers of household/domestic electricity,
gas and water. These providers can be government departments and agencies including
local/state/ municipal organizations, public housing societies and apartment associations.
Please click the link given at the end of this section for detailed product
specific terms and conditions.
Profit from travel
An intelligent business ally, the Jet Airways American Express Corporate Card is
a holistic expense management solution that lets your Company:
Profit from air travel
Turn every business trip into a profitable one for your Company with a host of benefits
from Jet Airways.
Benefit from the new Business Rewards+ Programme powered by JetPrivilege
Designed to cater to your growing business needs, the Business Rewards+ Programme
offers you a Company-level JetPrivilege Account - allowing you to accumulate JPMiles
basis spending done by your employees, and then redeem them for complimentary flights
to profit your business.
Drive more value by earning JPMiles+ from business expenses
Simply using this Corporate Card for business expenses, earns you and other employees
- 3 JPMiles for every Rs. 100 spent on travel and entertainment expenses
- 6 JPMiles on booking tickets from
jetairways.com
- Bonus JPMiles for every Rs.100 spent at select partners of American
Express.
Profit from 25% share of your employees JPMiles
25% share of the overall JPMiles earned by your employees will be credited to your
Company’s Business Rewards+ Account.
Profit further with rebate in the form of additional JPMiles
Your Company also earns additional JPMiles, as per the following grid, on reaching
various thresholds as your employees travel on Jet Airways, or any of its codeshare
airlines. Be it domestic and international travel, you earn valuable JPMiles all
the way.
|
Base-fare spending at a Company-level
|
Up to Rs. 5 Lakhs
|
Up to 11,500 JPMiles
|
Additional JPMiles Earned
|
|
Rs. 5 Lakhs to Rs. 10 Lakhs
|
17,500 to 35,000 JPMiles
|
|
Rs. 10 Lakhs to Rs. 15 Lakhs
|
46,500 to 70,000 JPMiles
|
|
Rs. 15 Lakhs to Rs. 20 Lakhs
|
87,000 to 1,16,000 JPMiles
|
|
Rs. 20 Lakhs and above
|
Over 1,39,500 JPMiles
|
JPMiles hence accumulated in your Business Rewards+ Account can be redeemed for
complimentary flights to profit your business.
What’s more, drive even more profits for your Company through JPMiles earned by
employees
75% of the JPMiles earned will be credited to your employees’ individual JetPrivilege
Account which they can redeem by them for complimentary flights to benefit your
Company.
Here is illustrative example # of how you can use the overall JPMiles
to drive more business profits
|
Approx. Annual spending
|
JPMiles earned (Company and Employee)
|
Redeemable for
|
|
Rs. 50 lakhs
|
1,54,000 JPMiles
|
9 Delhi-Mumbai return tickets
|
|
Rs. 75 lakhs
|
2,31,000 JPMiles
|
13 Delhi-Mumbai return tickets
|
|
Rs. 1 Crore
|
3,08,000 JPMiles
|
18 Delhi-Mumbai return tickets
|
Additionally, profit with a 5% discount on online ticket bookings
Earn a 5% discount on base fare & fuel surcharge for domestic travel and 5% discount
on base fare only for international travel when revenue tickets are booked
on jetairways.globallinker.com.
And that’s not all! To get started on your journey to profits, each Card enrolled
gets a Welcome Gift^ of 10,000 JPMiles.
Simply put, the more you and your employees use the Jet Airways American Express
Corporate Card the more your Company could Profit from Travel.
+JPMiles would not be earned on spending done on telecommunications, insurance,
fuel and other utility service categories.
# This illustrative example assumes 30% of total spending on Jet Airways out of
which 70% spending would be on www.jetairways.com.
8,500 JPMiles are required to redeem a Delhi-Mumbai one way economy class ticket.
^ The Welcome Gift of 10,000 JPMiles is available only in the first year of Cardmembership
and on payment and realization of the Annual Fee. This Welcome Gift would be credited
to the Card Account 90 days after the Card issuance
Profit from lounge privileges
As your employees travel for business, they can unwind and relax between destinations
with special airport lounge privileges, across the world.
Complimentary access to Priority Pass™ lounges worldwide
Your employees would enjoy complimentary membership to Priority Pass, with US$99
annual membership fee waived off. Benefits include:
- Access to over 700 airport VIP lounges in over 400 cities worldwide in more than
120 countries, regardless of which class or airline your employees are flying.
- A nominal fee of just US$ 27 per visit.
Discounted access across domestic airport lounges:
-
Jet Airways American Express Corporate Cardmembers can avail discounted access across domestic airport lounges in 14 cities
-
To access the lounge/s, eligible Jet Airways American Express Corporate Cardmembers must carry their valid, unexpired Jet Airways American Express Corporate Card along with airline ticket/boarding pass for travel on the same day
Click here to see the list of lounges
Terms and Conditions apply
Profit between travel destinations
Each time you and your employees book a ride, or dine out with clients, this Corporate Card helps drive valuable business profits.
Enjoy attractive discount and bonus JPMiles on car rentals
Save your car rental expenses by ~60% with Uber for Business when your employees travel and get extended payment terms on your Jet Airways American Express® Corporate card. Click here to know more.
Earn 10 JP Miles for every INR 100 spent on Carzonrent.
Choose from a suite of luxurious chauffeur-driven cars and enjoy a savings of 25%
while booking through www.avis.co.in
Savour up to 20% savings on dining
Be it power lunches or client entertainment, save up to 20% savings on dining across
fine dining restaurants, multiple cuisines and more with the American Express Dining
Selects™ programme. To view the entire list of participating restaurants and offers,
click here .
Profit from simplified expense management
The Jet Airways American Express Corporate Card not only profits your Company
directly with rebates and offers, but also drives indirect savings and reducing
costs by helping you manage your day-to-day business expenses more easily and efficiently.
Maximise control with greater visibility over expenses through American Express
@ Work®
Keep an eye on who’s spending what and control your business expenses better with
American Express @ Work. A secure web-based portal, @ Work lets you monitor all
business expenses charged to the Corporate Card, identify policy infringement, view
best practice reports, and implement the various aspects of your travel policy to
drive additional profits for your Company.
Drive Business Savings through Improved Supplier Negotiations
With better visibility of your business expenses through American Express @ Work
enjoy an upper hand in contract and supplier negotiations enabling better expense
management.
Billing and Payment Options for Greater Flexibility
With the power to coordinate bill payments with your Company's payroll periods and
reimbursement schedules, your Company can greatly improve its financial efficiency.
Cardmember statements can also be made the responsibility of individual employees,
significantly reducing your Company's administrative workload.
Protect your bottom line with Liability Protection
The Jet Airways American Express Corporate Card Programme has several liability
options, ranging from full Company responsibility for charges to full individual
employee’s responsibility for charges.
Superior Fraud Protection Guarantee
Our fraud protection systems offer Cardmembers the best in security and we provide
you with the added benefit of Zero Lost Card Liability1. With the Jet Airways American
Express Corporate Card Program you won’t be held responsible for any unauthorised
charges made in case your Card is lost or stolen2.
1. Post notification to American Express. In case Cardmember is unable to notify
us, the liability is limited to Rs.1000.
2. Provided that you notify us immediately upon discovery of any fraudulent transactions
and you have complied with your Card conditions, you will not be held liable for
any unauthorised charges.
Secure transactions with Chip and PIN
The Corporate Card comes with Chip and PIN technology that ensures greater transaction
security and enhanced protection against fraud from lost, stolen or counterfeit
Cards with a 4-digit PIN to authenticate every transaction.
Enjoy extended payment terms
Get greater flexibility on your finances and put your cash to better use with extended
payment terms.
Profit from exemplary service & support
Do business as usual with greater peace of mind. Enjoy the benefits of travel protection
and our renowned service and support, as you and your employees travel for business.
Manage Your Card Account from anywhere, anytime
Reduce paperwork and related administrative hassles with the American Express Online
Services – a secure and easy online solution that lets your employees manage their
account from anywhere, anytime. With Online Services, your employees can view their
statements, view unbilled charges, pay for their outstanding, update contact details
and much more.
Protect your employees with complimentary Business Travel Insurance
Your employees get a complimentary Air Accident Insurance* of Rs. 75
Lakhs when scheduled Common Carrier travel tickets are charged to the Corporate
Card. They can also enjoy non-air accident insurance and other travel-related insurance
benefits for no additional charge.
|
Maximum Cover limit for Business Travel Insurance
|
Coverage
|
|
Accidental Death by Air Accident
|
Rs. 75 Lakhs
|
|
Accidental Death by Non-Air Accident
|
Rs. 5 Lakhs
|
|
Medical Expenses following an Accident
|
Rs. 2 Lakhs
|
|
Loss of Checked-in Baggage
|
Rs. 1 Lakh
|
|
Permanent Total Disability
|
Rs. 1 lakh
|
|
Travel Inconvenience during Air Travel
|
Rs. 25,000
|
|
Delayed Receipt of Checked Baggage
|
Rs. 20,000
|
|
Loss of Passport / Documents
|
Rs. 10,000
|
|
Missed Flight
|
Rs. 10,000
|
*Insurance is provided and underwritten by ICICI Lombard General Insurance
Co Ltd, and is subject to the Terms and Conditions of cover. Exclusions and limitations
apply. For detailed information, please get in touch with us or click here to download a copy of the Master Policy. Cardmembers needs to fill up a nomination form to appoint nominees for this insurance cover. Click here to download the nomination form and send it to the address mentioned on the form.
Enjoy exemplary service, round the globe
Wherever you or your employees travel for work, they are never too far from the
world-class service and support that American Express is known for.
- American Express Program Administrators Corporate Support Team:
Our dedicated team is at your service in case you have any queries regarding management
of your Jet Airways American Express Corporate Card Programme.
- American Express Cardmember Services: Your employees can enjoy
24x7 services for all Card related assistance. In case the Corporate Card is lost,
stolen or damaged, they can simply report immediately and get their Card replaced
within 48 hours at no extra cost, anywhere in the world.
- Global AssistTM: A special service that offers assistance
in case of legal or medical emergencies to your employees while travelling, anywhere
in the world.
- Customer Service From Jet Airways: Be it information pertaining
to your Company’s JetPrivilege Account, checking your JPMiles balance or even redeeming
JPMiles, simply visit: www.jetprivilege.com
and manage your Company’s JetPrivilege account on the go.
Terms and Conditions
