Tuesday, May 22, 2012

Citibank ends card pact with Jet Airways

Mumbai: Citibank announced the exit of its 12-year-old co-branded card partnership with Jet Airways on Tuesday even as it launched an airline agnostic credit card.
The foreign bank cited changing consumer preferences for ending the partnership with Jet. The bank's co-branded partnerships with Shoppers Stop and Indian Oil Corp, however, stay intact.
Jet Airways and Citibank will continue to support all Jet Airways Citibank credit card features until July 15.
The new Citibank PremierMiles Credit Card will earn and redeem miles across seven domestic and over 100 international airlines, the bank said.
22/05/12 Beena Parmar/Business Line
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