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Jet Airways' launches American Express Corporate Card for SMEs

Tags: jet airways, american express, Jet Airways american express corporate card, jp miles, taj group of hotels

December 12, 2014 | COMMENTS ( 0 )

Jet Airways\' launches American Express Corporate Card for SMEs

Jet Airways and American Express have announced the launch of the Jet Airways American Express Corporate Card. The co-branded card will help small and mid-sized companies and their executives save substantially 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 Card could be a significant driver of savings, which are earned in the form of JP Miles 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. Since this segment doesn't enjoy bulk deal privileges on airline and hotel spending, the Jet Airways American Express Corporate Card saves both time and money, allowing companies more time to focus on their core business. This is the only corporate card program in India that offers both company and individual Card members rewards in the form of JPMiles, combined with the convenience of streamlining the way companies manage their business expenses.”

Cramer Ball, CEO, 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 is the first-of-its-kind in India with benefits to 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.

Companies holding the Jet Airways American Express Corporate Card automatically get enrolled in the new Business Rewards+ program, powered by JetPrivilege. This program allows companies to link their employees to a single Business Rewards+ account so that for all business related expenses undertaken by the company and employees, companies get rewarded with JPMiles.

The accumulated JPMiles can then be redeemed for complimentary flight tickets to destinations of choice. The Business Rewards and program enrollment is currently offered exclusively with the Jet Airways American Express Corporate Card and is not available as a standalone programme.

Manish Dureja, Managing Director, JetPrivilege, said, "At JetPrivilege, we believe that the Small and Medium Enterprises are the backbone of the Indian economy fueling the next wave of growth. Considering the renewed focus of the business potential of this segment in India, JetPrivilege is proud to introduce Business Rewards+, a unique initiative that aims at rewarding Companies owners with JPMiles for all their business travel and entertainment expenses."
 

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