Citi has added JetPrivilege to the list of transfer partners for its ThankYou Rewards program. JetPrivilege is the loyalty and rewards program of Jet Airways. JetPrivilege members can earn JPMiles across 150+ program partners spread across various categories like Airlines, Banking, Hotels, Dining, Retail, Car Rentals and much more. Redeem your accumulated JPMiles for award flights on Jet Airways, Etihad Airways and over 25 partner airlines to 1000+ destinations across the globe.
Transfer rate is 1,000 Points = 1,000 JPMiles. Points can only be transferred in increments of 1,000.
Jet Airlines is not well known in the US but it has lots of coverage throughout India, the Middle East and South Asia. Jet Airways also became a Delta SkyMiles partner late last year, so you can search award space at Delta.com.
Jet Airways does have North American routes though. They fly between Toronto and India via Amsterdam which means they offer awards to Europe. Check out more info on that route on this View from the Wing post.
You can find the Partner Award Redemption chart for JetPrivilege here. Values shown are for Economy class. The JPMiles requirement for one-way travel on Business class will be twice and First class one-way travel will be thrice of what is mentioned in the table.
New partnerships are always good news as they add value to both programs. Although this might of interest to some people, I think in general JPMiles will not offers lots of value for ThankYou points transfers for most people.