Revaluation Axis cards charges after Citi Migration

[rojajimmy]

Update:- Via Email

I have 2 Citi cards migrated to Axis and while they said multiple times via email/SMS that everything will remain the same (including yearly spend criteria at 30k for annual fee waiver), it is still confusing.

I have received an email stating that my Axis Rewards card will have 30k annual fee waiver spend criteria BUT the Axis IOCL premium will have 3.5 lakhs (which should be wrong) but there is a CLEAR info that this will come into effect from 15th July, 2025.

Also I am totally into convering as many cards as possible into ruPay variant and Axis IOCL premium is available on ruPay network but these idiots denied it without providing any reason for the same via email and on the phone I was informed that I have to wait for the physical delivery of th card (Which has a max timeline of Dec this year) and then I can request the network change. I just told them that the card already shows as Visa on the Axis app so why cant it show as ruPay and Ic an just addd it on the UPI apps and start using it more.

So raising this to RBI (network converison) as well and getting clarity on the 3.5 lakh spend based waiver for Axis IOCL. (since it came from PNO)
For people who got it LTF, maybe they will change it from 15th July, 2025 as well. You cant trust AXIS.

 

[drsel]

Axis IOCL Premium should be closed, it's not worth paying for

 

[helloworld]

Axis IOCL Premium should be closed, it's not worth paying for

Howz axis olympus according to you (when not comparing with M4B, without that value this card provides) ?

 

[drsel]

Howz axis olympus according to you (when not comparing with M4B, without that value this card provides) ?

It is good but not as good as Atlas

 

[drsel]

Howz axis olympus according to you (when not comparing with M4B, without that value this card provides) ?

Also the Atlas miles and Olympus miles are separated in the portal, if you are lucky enough to have both cards.
Olympus is not yet available to existing Axis Bank customers, nor to the public.

Miles of both these cards cannot be combined for redemption.
You need minimum 500 Olympus miles to redeem for 2000 partner points
You separately need minimum 500 atlas miles for 1000 partner points

 

[keyur11]

My citi rewards card was tranferred to Axis rewards card. This card is not LTF but I was doing 30k spends in a year so I was not charged any fees till now. The next renewal will be in Mar, 2025. My question is that is renewal fees waiver is still at 30k for migrated customer or it's 2 Lakh?

If it is 2 Lakh then I won't continue the card next year.

 

[helloworld]

My citi rewards card was tranferred to Axis rewards card. This card is not LTF but I was doing 30k spends in a year so I was not charged any fees till now. The next renewal will be in Mar, 2025. My question is that is renewal fees waiver is still at 30k for migrated customer or it's 2 Lakh?

If it is 2 Lakh then I won't continue the card next year.

start from here..

D

Post in thread 'CitiBank Credit Cards To Axis Bank Credit Cards Migration | Full List With New Card Details'

Dec 4, 2024

written confirmation ?

I rechecked the official email sent out in July, it is quite clearly mentioned there too -- "Your annual fee remains the same and you can continue to enjoy your existing spend-based fee waiver limit as is."

• deepakb

• 

 

[keyur11]

Thanks @helloworld . This link is useful. So axis will at least honour fee waiver spend of 30k for next one year. I hope that they launch Olympus card next year then I will try to upgrade rewards card to olympus.

 

[panchabhut]

received axis cashback card. citi card was LTF. cover letter for new card mentions joining fee and annual fee as zero

 

[helloworld]

received axis cashback card. citi card was LTF. cover letter for new card mentions joining fee and annual fee as zero

that doesn't work. drop an email and get written confirmation.

 

[akiratoriyama]

that doesn't work. drop an email and get written confirmation.

Why though? Have people been charged despite it being 0 in the joining letter?