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Since Citi bank is soon going out, what's your next move?

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Deal Cadet
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If you're a Citi bank account holder, it should not be a news for you that Citi is selling their retail business in India. This is likely to be Axis, being the highest bidder, or Kotak with the second highest bid. See news article below.

‘Axis closing in on Citi India’s consumer unit’ - The Hindu

Just wanted to check what are you guys doing with your account? Are planning to keep it? or are getting it closed? I just got mine closed because I have had really bad experience with Axis (see below). I loved Citi for its excellent customer support & chat feature. Infact, I closed my account within 5 minutes using their chat!


Coming onto my experience with Axis, they deducted Rs. 5000 from my priority account (with 2L balance) for non-maintenance of balance in my other axis account which I did not use and was infact opened to help one of the sales guy meet his targets. I met with Ops head, said they can only refund 1k. I transferred all my money out, and will not even bother getting the accounts closed now, because screw them! So when I heard Axis is the likely purchaser of Citi's assets, it was a no brainer for me to close it.


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@itsmehd5 do hdfc bill pay txn preferably in the morning as mentioned above. Any bill payment done in june will count towards the 750 cb limit for the month of june only.

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guest_999 wrote:

@itsmehd5 do hdfc bill pay txn preferably in the morning as mentioned above. Any bill payment done in june will count towards the 750 cb limit for the month of june only.

I need to pay Axis Bill by 5th June  @guest_999; @bohemian

So Can I do it on 1st June say early morning 2am types?

Generous Generous
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itsmehd5 wrote:

I need to pay Axis Bill by 5th June  @guest_999; @bohemian

So Can I do it on 1st June say early morning 2am types?

As I suggested earlier…yes you can but do it after 6 am on june 1. At late night, mostly systems are under maintenance or may count transaction on last month. so do it in morning 6-7 8 am . 

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bohemian wrote:

As I suggested earlier…yes you can but do it after 6 am on june 1. At late night, mostly systems are under maintenance or may count transaction on last month. so do it in morning 6-7 8 am . 

@bohemian; With due date of 4th June for Axis CC bill payment…Would it be fine if I initiate it on 1st June, 6 am post?

Any thoughts?

Generous Generous
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itsmehd5 wrote:

@bohemian; With due date of 4th June for Axis CC bill payment…Would it be fine if I initiate it on 1st June, 6 am post?

Any thoughts?

Yes

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