Hot Deal

Paytm CitiBank Credit Card Closing Soon

431°
Deal Cadet
vicky191in310
Dear XXXXXXXX,
No-Image-Available
Thank you for your continued trust in us.
No-Image-Available
We had written to you in March 2022 about reaching an agreement with Axis Bank for the sale of Citi's consumer banking businesses in India, subject to regulatory approvals. As we move forward in this journey, our partnership with One97 Communication Ltd. (Paytm) for the co-brand Citi Paytm Credit Card comes to an end since it is not within the scope of migration to Axis Bank.
No-Image-Available
Please be assured that there will be no immediate impact on your Credit Card, and you can continue enjoying all the features and services on your card. Further for a seamless transition, both Citibank & Paytm will respectively reach out to you seeking your interest for alternate Credit Cards, offering exclusive features & benefits.
No-Image-Available
For any queries you might have in this regard, please go through the FAQs here. Alternatively, you may reach out to our 24X7 CitiPhone helpline or login to Citibank Online and write to us via "Contact Us".
No-Image-Available
We assure you of a seamless transition and will keep you duly updated as we move forward.
No-Image-Available
Warm regards,
Customer Service
Expired
Disclaimer
We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
27 Comments  |  
16 Dimers
  • Sort By
Deal Subedar Deal Subedar
Link Copied

Both Citibank & Paytm will respectively reach out to you seeking your interest for alternate Credit Cards, offering exclusive features & benefits

Helpful Helpful
Link Copied
Received same.. not sure what they will offer
Critic Critic
Link Copied

As expected, paytm not able to afford signing new contract with axis considering their historic share price drop.

Comrade Comrade
Link Copied

Paytm willl give hdfc paytm card which they are currently offering 

Deal Cadet Deal Cadet
Link Copied
They offered me Paytm HDFC with 500 joining bonus..
Benevolent Benevolent
Link Copied
hemant_111 wrote:
They offered me Paytm HDFC with 500 joining bonus..

When did they call you? Which hdfc card? Did you ask them to give LTF instead?

Deal Cadet Deal Cadet
Link Copied
Expand
Knight11 wrote:

When did they call you? Which hdfc card? Did you ask them to give LTF instead?

It's on Paytm notification.. i didn't proceed further.. already have HDFC credit card.. don't want one more..
Benevolent Benevolent
Link Copied
Expand
hemant_111 wrote:
It's on Paytm notification.. i didn't proceed further.. already have HDFC credit card.. don't want one more..

You are talking about a fresh card or replacement for Paytm Citi?

Deal Lieutenant Deal Lieutenant
Link Copied
Expand
hemant_111 wrote:
It's on Paytm notification.. i didn't proceed further.. already have HDFC credit card.. don't want one more..

I think HDFC is allowing a secondary co-branded CC these days... call up HDFC to confirm the case.

Deal Cadet Deal Cadet
Link Copied

Some important

information for you

Dear Credit Card Holder,

Thanks for your continued faith in Paytm Citi Credit Card. We have some important information regarding your credit card. As you might be aware, Citibank, our Co-brand partner bank will soon be exiting consumer banking business in India. This would mean that your existing credit card account will be closed within 180 days.

However, to avail continued Unlimited Cashback and special deals on your daily spends, you can upgrade to our HDFC Bank Paytm Credit Card.

We assure you of a seamless transition & will keep you duly updated as we move forward.

Warm regards,

Customer Support

Deal Newbie Deal Newbie
Link Copied
Expand
hemant_111 wrote:
Replacement

Are You getting hdfc replacement card with new limit or existing paytm citi card limit?

Deal Cadet Deal Cadet
Link Copied
Paytm hdfc is useless. Won't work for online sale offers
Deal Cadet Deal Cadet
Link Copied

anyone received paytm hdfc offer ? even though having existing hdfc card.

Deal Newbie Deal Newbie
Link Copied

Does paytm hdfc card work for 10% offer in amazon/flipkart?

Deal Newbie Deal Newbie
Link Copied

Hi 

Paytm did not approved my offer so what happens to.my Paytm citi credit card

Deal Newbie Deal Newbie
Link Copied

If we change our cc from citi to hdfc, We will get 2%cashback instead of 3% cashback from paytm spends. It's a loss of benefit to customers

Deal Newbie Deal Newbie
Link Copied
vicky191in310 wrote:

Some important

information for you

Dear Credit Card Holder,

Thanks for your continued faith in Paytm Citi Credit Card. We have some important information regarding your credit card. As you might be aware, Citibank, our Co-brand partner bank will soon be exiting consumer banking business in India. This would mean that your existing credit card account will be closed within 180 days.

However, to avail continued Unlimited Cashback and special deals on your daily spends, you can upgrade to our HDFC Bank Paytm Credit Card.

We assure you of a seamless transition & will keep you duly updated as we move forward.

Warm regards,

Customer Support

This is loss of benefit to paytm customer's. 😡

Deal Subedar Deal Subedar
Link Copied
Today got limit enhancement offer on Paytm Citi CC laughing
Deal Subedar Deal Subedar
Link Copied
Expand
pingpong wrote:

+1

When does the Citi paytm CC 'expire' 😢

What happens if you decline to swap:

It will lead to closure of your Citi Paytm Credit Card (without issuance of an alternate card) on or post 30th January 2023, as Citi India will no longer be able to continue to provide the services on your Citi Paytm Credit Card.

https://www.desidime.com/discussions/paytm-citi...

Analyst Analyst
Link Copied
Expand
sri222 wrote:
What happens if you decline to swap:

It will lead to closure of your Citi Paytm Credit Card (without issuance of an alternate card) on or post 30th January 2023, as Citi India will no longer be able to continue to provide the services on your Citi Paytm Credit Card.

https://www.desidime.com/discussions/paytm-citi...

Yes bro saw this date but thot thought (correction courtesy @bikidas2060 bro 😊) to chk with expert D D community.

I used to make legit rent / maintenance pymts every month via paytm and save quite a lot using this card.

I think we will get cb normally till 31st Jan so will use card till 28th Jan and then opt for Citi rewards card. I think that's a safe strategy what do you think buddy? 

Deal Subedar Deal Subedar
Link Copied
Expand
pingpong wrote:

Yes bro saw this date but thot thought (correction courtesy @bikidas2060 bro 😊) to chk with expert D D community.

I used to make legit rent / maintenance pymts every month via paytm and save quite a lot using this card.

I think we will get cb normally till 31st Jan so will use card till 28th Jan and then opt for Citi rewards card. I think that's a safe strategy what do you think buddy? 

If you swap from Paytm Citi CC to Citi rewards CC

What will happen to the existing cashback I have earned on my Citi Paytm Credit Card in the last month?

Your accumulated cashback for the last month will be credited to your Citi Rewards Credit Card, post converting it to Citi rewards points at the conversion rate of 1 Cashback=2.85 rewards points.
Analyst Analyst
Link Copied
Expand
sri222 wrote:
If you swap from Paytm Citi CC to Citi rewards CC

What will happen to the existing cashback I have earned on my Citi Paytm Credit Card in the last month?

Your accumulated cashback for the last month will be credited to your Citi Rewards Credit Card, post converting it to Citi rewards points at the conversion rate of 1 Cashback=2.85 rewards points.

Cb converted to rp if card is converted AFTER doing some txns using old card which are NOT billed.

Hence above not applicable to me 😌

replyuser
Click here to reply
Reply