CITI Rewards credit card will be converted to AXIS Rewards Card

227°
Deal Cadet
sanvol
Received mail from Axis bank
Citi rewards credit card will be now Axis Rewards card.

As we move forward in the transition of Citi's consumer business in India to Axis Bank, we thank you for partnering with us in this journey. Upon completion of the migration on 15th July, 2024, we will be delighted to offer you the Axis Bank REWARDS Credit Card - a card that gives you unparalleled benefits every time you shop. Your Citi-branded Credit Card will continue to work seamlessly till you receive your new Axis Bank Credit Card before the end of this year. Meanwhile, you can start enjoying all the benefits of your new card with the existing Citi-branded Credit Card, from the migration date itself.IMG20240614200137IMG-20240614-WA0002IMG-20240614-WA0001





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Yes received same.. what’s the fee of this card?

Deal Cadet Deal Cadet
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Annual fee will remain same as it was on Citi.

Deal Subedar Deal Subedar
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and the citi cashback card will be an axis cashback card.... nothing changed apart from the bank name.

Helpful Helpful
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no such mail received as of now
Generous Generous
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What about the Citi Reward Points? Any clarification on it?

And main point, what about the fee waiver? Citi Rewards Card has a very low Rs. 30K spend criteria for the fee waiver whereas Axis Rewards has 2 Lacs.

Deal Cadet Deal Cadet
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No

Read t&c fully

Swapped or migrated customers please refered communication shared.

Their will me same spend criteria as it was on citi

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Entertainer Entertainer
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So it is time to close citi as well

Helpful Helpful
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So ..Now  Citi bank customers should move from business class to general compartment..

Deal Cadet Deal Cadet
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For Axis Rewards CC, What will the value (in Rupees) of EDGE REWARD Points per Rs.125?

Deal Cadet Deal Cadet
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I am holding CITI INDIAN OIL credit card having 3000 rewards points on it. Till not received any such mail.

Deal Newbie Deal Newbie
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I am also Citi Indian Oil card customer. I received mail and hour before. i am using the card since 2018. Axis will offer as LTF? 

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Deal Newbie Deal Newbie
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Just now received mail 

Generous Generous
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I hold Citi Rewards CC, any way to upgrade to a better Citi CC so that it gets converted to a good Axis CC ?? Because I don't see anything good happening with conversion to Axis Rewards CC.

Also, I already hold 3 Axis Bank CCs, if Citi Rewards is converted to Axis Rewards, then total count of Axis CC will be 4 and in case I would need to apply for an Axis Bank CC, will I have to close 2 CCs as the limit is 3 per customer? I'm hoping this limit of 3 CCs per customer will change going forward.

Critic Critic
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Citi cc now won't be upgraded/converted to any other citi cc because citi cc as a company in India no longer exist. All citi cc will sooner or later get converted to axis cc.

Little chance of axis allowing more than 3 cc to same customer anytime soon. if anyone has some good cc then more than 3 axis cc are not required anyway (typically ace for electricity bill payments, airtel card if having many airtel services & electricity bill rarely cross 3k per month & maybe flipkart card).
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Deal Cadet Deal Cadet
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Me too got the same mail..

Indian OIL Citi Card to Indian Oil Axis Bank Premium card..
Screenshot2024-06-14-23-01-55-45e307a3f9df9f380ebaf106e1dc980bb6
Screenshot2024-06-14-23-03-27-35e307a3f9df9f380ebaf106e1dc980bb6Screenshot2024-06-14-23-03-39-14e307a3f9df9f380ebaf106e1dc980bb6Screenshot2024-06-14-23-03-35-10e307a3f9df9f380ebaf106e1dc980bb6Screenshot2024-06-14-23-03-47-06e307a3f9df9f380ebaf106e1dc980bb6Screenshot2024-06-14-23-03-43-22e307a3f9df9f380ebaf106e1dc980bb6

Deal Newbie Deal Newbie
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I also got mail. I am using this Citi Bank card since 2018. Will axis Bank offer it as LTF?

Helpful Helpful
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Can anyone explain the rewards part or the benefits it has? Unable to understand and also edge rewards value?

Have Airtel axis, should I just close it? What is the way to redeem points have 2500 only?

Deal Subedar Deal Subedar
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AFAIK edge points are worst reward points:) 


Airtel axis is cashback card so thats a relief:) so keep that card


edge points are worthless 99% of time in my experience (unless you use airplanes and hotels)

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Critic Critic
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+🔥and following.

Citi rewards CC conversion ratio: 1 Reward Point (RP) = 35p

-- regular spends: 1 RP for every Rs.125. Effectively 0.28% rewards (useless)

-- apparel/dept store spends: 10x. Effectively 2.8% rewards (very ordinary)

Axis rewards CC is talking double reward points. But conversion ratio?

.

Secondly, Citi Rewards we could convert to cash on reaching 10k points. No such option in Axis Rewards CC?

Deal Cadet Deal Cadet
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Received mail.

CC benefits : Tata Bye Bye

Deal Subedar Deal Subedar
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mine was ltf, never used to use it other than 10% sales on citi. If not ltf no points of holding

Deal Cadet Deal Cadet
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I haven't received any such mails from Axis Bank regarding annual fees waiver or any other changes in terms and conditions. Only received new customer id to login. What will be the spend limit for existing customers 2 lakh or 30k ?

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