The first ever benefit that you get from a credit card is in the form of a sign-up bonus. This bonus is offered by banks to attract new customers. Milestone benefit is another bulk privilege offered to credit card holders rewarding them for completing a year of membership or for reaching a certain spending limit. Sign-up bonus and milestone benefits are usually offered in the form of reward points or air miles. The quantum of these bonuses varies from one card to another.
Let us talk about a few credit cards that offer wonderful sign-up bonuses and milestone benefits-
Sign-up Bonus- 10,000 bonus JPMiles and a complimentary Jet Airways Ticket
Renewal Bonus- 5,000 bonus JPMiles and a Jet Airways Ticket Code
ICICI Bank Jet Airways Sapphiro Credit Card offers a great deal of travel and shopping benefits and is a perfect match for those who love to travel. Cardholders will get 10,000 bonus JPMiles on card activation along with a complimentary Jet Airways Ticket. Users will also get 5% discount on booking domestic/international flight tickets on Jet Airways website. On spending Rs.1 Lakh in a month, you can get a complimentary round of golf in the next month. Complimentary lounge access adds to its benefits.
Sign-up Bonus- 5,000 Milestone Bonus Membership Rewards Points
Milestone Bonus- Rs.7,700 travel voucher on spending Rs.1.90 Lakh in a year
This credit card by American Express is counted among the best travel credit cards in the market because of the wonderful rewards that it offers. On payment of joining fees, users will get 5,000 Membership Rewards Points which are redeemable against travel vouchers equivalent to Rs.4,000. On reaching total spends of Rs.1.90 Lakh in a year, card users will get travel vouchers worth Rs.7,700. When total annual spending reaches Rs.4 Lakh, additional voucher of Rs.11,800 will be offered to the cardholder along with a Rs.10,000 voucher from Taj Hotels Palaces Resorts and Safaris. Four complimentary domestic airport lounge accesses make it even more beneficial for frequent travellers.
Sign-up Bonus- 20,000 bonus reward points on payment of joining fees
Milestone Bonus- Bonus 20,000, 30,000 and 50,000 Reward Points on reaching annual spending of Rs.5 Lakh, Rs.10 lakh and Rs.20 Lakh respectively.
Launched by SBI Card in collaboration with Air India, this credit card offers 20,000 bonus reward points on payment of joining fees. The card also offers complimentary membership to Air India Frequent Flyer Program- Flying Returns. When total spending on this credit card reaches Rs.5 Lakh in a year, 20,000 bonus reward points will be credited to the account. On reaching the spending limits of Rs.10 Lakh and Rs.20 Lakh, additional 30,000 and 50,000 reward points will be credited. This SBI Credit Card also offers complimentary membership to the Priority Pass Program which gives you luxury lounge access to more than 600 airport lounges across the globe. Normal reward points can be converted into Air Miles so that they can also be utilized for booking flight tickets.
Sign-up Bonus- 10,000 bonus Reward Points on spending Rs.1,000 within 60 days of card issuance
Renewal Bonus- 3,000 Reward Points on card renewal
On making your first transaction worth Rs.1,000 or more during the first 60 days of card issuance, this Citibank credit card offers 10,000 bonus reward points and every year when you pay the renewal fee, extra 3,000 reward points are credited. Users can also earn extra rewards on airline transactions. The best part of it is that these reward points never expire so you can keep accumulating them to fund a lavish trip or to buy a big-ticket item. You can make your travel experience even better with free access to select airport lounges in India. In addition to this, you will also get 15% discount when you dine at partner restaurants.
Sign-up Bonus- 7,500 Bonus JP Miles and a one way Jet Airways ticket with the base fare waived off
Milestone Bonus- 1 Tier Point in JetPrivilege Frequent Flier Membership on spending Rs.2 Lakh in a year
This credit card is launched by HDFC Bank in collaboration with Jet Airways and offers JP Miles on all purchases which can be redeemed for booking flight tickets with Jet Airways. As its sign-up bonus, this credit card offers 7,500 Bonus JP Miles and a one way Jet Airways ticket with the base fare waived off. The bonus is offered in two parts- 3,750 on first swipe of the credit card and next 3,750 points if you spend Rs.75,000 or more within 90 days of card issuance. 3,000 JP Miles are credited when you swipe your credit card first time after payment of renewal fee. On spending Rs.2 Lakh or more in a year, you will get one ‘Tier Point’ in your JetPrivilege Frequent Flier Membership. The renewal fee will be waived off if you spend Rs.3 Lakh in a year. In addition to this, the Priority Pass Membership allows you to access selected airport lounges.