Citi to Axis Bank Migration Notification

[BhaiyaJi]

New Axis Bank IFSC for Citi card payments

Bank	Axis Bank
Branch	Credit Card Operations
IFSC	UTIB0000400

 

[panu24]

Can we upgrade citi cards now?? I have citi rewards card and if I can request for card upgrade then which one can make sense any suggestion please

You did not get any email from Axis for your existing Citi card migration?

 

[BhaiyaJi]

In this migration process, what will happen to the accrued reward points of Citi cards?

 

[Tensor]

In this migration process, what will happen to the accrued reward points of Citi cards?

Will be transferred to edge rewards. Monetary value of the points will remain same.

 

[BhaiyaJi]

Will be transferred to edge rewards. Monetary value of the points will remain same.

Is their any points conversion formulae provided by them?

 

[panu24]

Is their any points conversion formulae provided by them?

For Citi Reward card it is, 1 Reward Point = 1.75 EDGE REWARD Points

 

[Tensor]

Is their any points conversion formulae provided by them?

They have explained the point conversion in the document released I guess. If you hold a Citi Rewards card, 1 point = 0.35p whereas for Axis Rewards, 1 point= 0.25p. So if you have 100 points in your Citi card account, you will get 140 points in your Axis card account post migration. For Premier miles, 1 RP = 1.75 Axis ER.

 

[BhaiyaJi]

For Citi Reward card it is, 1 Reward Point = 1.75 EDGE REWARD Points

They have explained the point conversion in the document released I guess. If you hold a Citi Rewards card, 1 point = 0.35p whereas for Axis Rewards, 1 point= 0.25p. So if you have 100 points in your Citi card account, you will get 140 points in your Axis card account post migration. So, 1 Citi RP = 1.75 Axis ER.

Thanks for the infomation.

 

[Sreebhargava]

You did not get any email from Axis for your existing Citi card migration?

I got an email saying that I will get axis rewards credit card

 

[BMR]

Got an email that my Citi cashback credit card will be converted to axis cashback credit card that offers up to 7 % cashback.

my citi savings account is being moved to liberty

 

[Sreebhargava]

We also have to change ifsc code for salary in our office payroll right as old citi ifsc wont work from 25th June?

 

[BhaiyaJi]

We also have to change ifsc code for salary in our office payroll right as old citi ifsc wont work from 25th June?

yes, we have to.

 

[Riva]

We also have to change ifsc code for salary in our office payroll right as old citi ifsc wont work from 25th June?

Yes, your company can either use individual IFSC code provoded to each employee who has a citi account that is moving to axis or the universal IFSC code that Citi has provided only for salary processing.

 

[drsel]

Got an email that my Citi cashback credit card will be converted to axis cashback credit card that offers up to 7 % cashback.

my citi savings account is being moved to liberty

Max cashback is 4000 per statement or 5.65% on 70714
7% is an eyewash