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CitiBank Credit Cards To Axis Bank Credit Cards Migration | Full List With New Card Details

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Axis Bank has finally decided to move Citibank credit card customers to its core credit card system. Axis Bank has already launched some new card variants to migrate Citibank credit card users to Axis Bank with almost the same benefits.
Here is the list of Axis Bank credit cards that will be migrated from Citibank:

Citi Bank Existing Credit Card​
New Axis Bank Credit Card​
Citi Rewards Credit CardAxis Bank Rewards Credit Card
IndianOil Citi Credit CardIndian Oil Axis Bank Premium Credit Card (New Card)
Citi IKEA Credit CardIKEA Family Credit Card By Axis Bank (New Card)
Citi Cashback Credit Card
Axis Bank Cashback Credit Card (New Card)
Citi PremierMiles Credit CardAxis Bank Horizon Credit Card (New Card)
Citi Prestige Credit CardAxis Bank Olympus Credit Card (New Card)
First Citizen Citi Credit CardAxis Bank Shoppers Stop Credit Card (New Card)

This migration process will take place in phases. According to some reports, the first phase will be completed by 9th June 2024, and the entire process should be completed by the following month.

Reward points on your existing Citibank credit card will be transferred to the Axis EDGE reward system for free at the time of migration. Here is the list of transfer rates below:

Citi Bank Credit Card​
Axis Bank Credit Card​
Reward Transfer Rate​
Citi Rewards Credit CardAxis Bank Rewards Credit Card1 Reward Point = 1.75 EDGE Rewards
IndianOil Citi Bank Credit CardIndianOil Premium Axis Bank Credit Card1 Turbo Point = 1 EDGE Miles
Citi IKEA Credit CardIKEA Family Credit Card By Axis Bank
Citi Cashback Credit Card
Axis Bank Cashback Credit Card
Citi PremierMiles Credit CardAxis Bank Horizon Credit Card1 Premier Mile = 0.45 EDGE Miles
Citi Prestige Credit CardAxis Bank Olympus Credit Card1 Prestige Mile = 1 EDGE Miles

Axis Bank's new credit card transfer rates to its partner programs:

Credit Card NameTransfer RateCapping
Axis Bank Rewards Credit Card10 EDGE Reward Points = 1 Partner Point
(Vistara, AirAsia, ITC, and SpiceJet: 5 EDGE Reward Points = 1 Partner Point)
Overall Transfer Capping: 5,00,000
Group A: 1,00,000
Group B: 4,00,000
IndianOil Premium Axis Bank Credit Card2 EDGE Miles = 1 Partner Point
(IOCL XTRAREWARDS: 3 EDGE Miles = 10 Partner Points)
Overall Transfer Capping: 5,00,000
Group A: 1,00,000
Group B: 4,00,000
IKEA Family Credit Card By Axis Bank20 EDGE Reward Points = 1 Partner Point (Vistara, AirAsia, ITC, and SpiceJet: 10 EDGE Reward Points = 1 Partner Point)Overall Transfer Capping: 5,00,000
Group A: 1,00,000
Group B: 4,00,000
Axis Bank Horizon Credit Card1 EDGE Mile = 1 Partner PointOverall Transfer Capping: 5,00,000
Group A: 1,00,000
Group B: 4,00,000
Axis Bank Olympus Credit Card1 EDGE Mile = 4 Partner PointsOverall Transfer Capping: 7,50,000
Group A: 1,50,000
Group B: 6,00,000

Key Benefits Of New Axis bank Credit Cards:

Axis Bank Olympus Credit Card:
Annual Fees: Rs. 20,000 + GST
Welcome & Renewal Benefits:
1. Taj/ITC Hotel Voucher: Rs. 10,000
2. EDGE Miles: 2500

Main Benefits:
1. Unlimited airport lounge access worldwide for primary & add-on card holders plus 20 free guest visit per year.
2. 2 complimentary domestic airport transfer for primary card holder.
3. 8 complimentary domestic airport meet and greet service.
4. 8 complimentary golf lessons/rounds per year (primary card holder plus 1 guest); additional 1 golf game/lesson for every Rs. 50,000 spent per year.
5. BookMyShow buy one get one free offer on movie & non-movie tickets. Maximum discount: Rs. 650 (Movie) & Rs. 1000 (Non-Movie) per ticket; offer can be used maximum 2 times for movie & 2 times for non-movie tickets per month.
6. Discounted forex currency markup fees: 1.80%

Reward System:
Earn 1 EDGE Mile for every Rs. 100 spent in India.
Earn 2 EDGE Miles for every Rs. 100 spent outside India.

Excluded MCCs: (List of categories, you'll not earn reward points)

➢ Transportation & Tolls (4111, 4121, 4131,4784)
➢ Utilities (4814,4816,4899,4900)
➢ Insurance (6300,6381,5960,6012,6051)
➢ Educational Institutions (8211,8241,8244,8249,8299)
➢ Govt. Institutions (9211,9222,9311,9399,9402,9405,8220)
➢ Wallet (6540)
➢ Rent (6513)
➢ Fuel (5541,5542,5983)

Reward Redemption:
You can redeem your EDGE Miles to book flight or hotels directly from traveledge portal & you can transfer your reward points to various partner programs.
1 EDGE Mile = 4 Partner Points

Reward Rate:
Domestic: 4% Partner Points
International: 8% Partner Points [5.87% if we consider 1 Partner Point = Rs. 1 and deduct markup fees]

For detail review visit card review here: [link will be added]

Axis Bank Horizon Credit Card:
Annual Fees: Rs. 3,000 + GST

Welcome benefits:
EDGE Miles: 5000

Renewal Benefits:
EDGE Miles: 1500

Main Benefits:
1. Domestic Lounge Access: 6 Complimentary lounge access for Mastercard variant holders & 8 complimentary lounge access for Visa variant holders per calendar quarter.
2. International Lounge Access: 2 Complimentary lounge access per calendar quarter.
3. Dining Discount With EazyDiner: 25% discount up to Rs. 800 per month; minimum order value: Rs. 2500; Offer can be used once a month.

Reward System:
1. Earn 5 EDGE Miles for every INR 100 spent on Axis Traveledge portal and airline websites.
2. Earn 2 EDGE Miles for every INR 100 spent on other categories.

Excluded MCCs: (List of categories, you'll not earn reward points)

➢ Transportation & Tolls (4111, 4121, 4131,4784)
➢ Utilities (4814,4816,4899,4900)
➢ Insurance (6300,6381,5960,6012,6051)
➢ Educational Institutions (8211,8241,8244,8249,8299)
➢ Govt. Institutions (9211,9222,9311,9399,9402,9405,8220)
➢ Wallet (6540)
➢ Rent (6513)
➢ Fuel (5541,5542,5983)

Reward Redemption:
You can redeem your EDGE Miles to book flight or hotels directly from traveledge portal & you can transfer your reward points to various partner programs.
1 EDGE Mile = 1 Partner Points

Reward Rate:
Traveledge & Airlines: 5% Partner Points
Other: 2% Partner Points

For detail review visit card review here: [link will be added]

The new Axis Bank credit cards look good if we consider their benefits. However, in terms of rewards, even the Axis Olympus card has many exclusions. Despite this, it is still a good card for international spending. In terms of reliability, Axis Bank doesn't come close to Citibank. This is the main reason almost all Citibank customers were very unhappy with the Citibank and Axis Bank deal earlier last year. Unfortunately, we cannot do anything but accept this migration. If you don't want to continue with your Citibank cards, you can close them; you will not be charged any renewal or migration fees at this time. Renewal fees will be levied at the usual time of your card renewal. The Citi PremierMiles and Citi Prestige cards were some of the best and most reliable for accumulating air miles. Personally, I will never rely on Axis Bank, as they can send you notices and ask for transaction clarifications from the past year, even for very small amounts.

This is the end of an era.
 
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But it also shows that the banks have a lot of faith and confidence in the customer in order to give him such a high limit
Different banks have different criteria...
Like SBI won't give you another card if overleveraged but axis, hdfc, etc will
ICICI will provide LE on a liberal basis but some banks like HDFC, Axis doesn't
Foreign banks have totally different perspective for customers
 
Migration done for my a/c. They combined limits for Citi Rewards and Cashback CCs. Airtel Axis CC limit is the same and is not combined with Citi CC credit limits. No increase in Citi CC CLs.
Another interesting thing I noted is that, app failed while I setup my upi pin. But I could do a successful outward upi transaction from the app itself.
Cashback on cashback CC and RPs on Rewards CC is not showing currently. Will take 60 days it seems.
I got a Burgundy salary a/c. Not sure whether it is beneficial or not.
One negative point is that limit on Eazydiner is reduced by Rs.500 for Rewards CC (max Rs. 500 now) and Rs. 200 for Cashback CC (max Rs. 800 now).
Positive point is that there are few new added benefits which will offset the above negative point.
New benefits on Rewards Card
Domestic lounge - 2 complimentary visits per qtr. T&C not known at this time 👍
30% off on Swiggy orders, 150/order, min order value 200, 2 times a month 👍
New benefits on Cashback Card
7% cashback on online spends, upto 4k per month 👍
auto credit of full cashback amount on spends in current cycle before next statement date (just like airtel axis card) 👍
upto 50% instant discount on Grab Deals, not sure about upto 50% part
unlimited 0.75% cashback on all online and offline travel spends. 0.5% cashback on utility bill payments. Useless when you better paying cards.
Any domestic lounge access needs 50k spend in the previous quarter for all Axis cards including the super premium ones.
No spend requirement for international lounges for all Axis cards which have the facility
 
Applications for Olympus, Horizon, Cashback card will start from August for all Axis Bank card holders and general public
 
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did it get fixed for you?
Customer care kept transferring call from one section to another wasting 20-25 of time. Even the RM just forwarded my mail and kept quiet. Finally, I uninstalled the app and reinstalled. Everything fine now. BTW, clearing cache didnt help. Only uninstallation and reinstallation helped.
 
My credit limits of citi and axis cards did not get merged. Checked in mobile app as well as the website.

Is there anything I can do to fix it, or should I talk to customer care?
 
My credit limits of citi and axis cards did not get merged. Checked in mobile app as well as the website.

Is there anything I can do to fix it, or should I talk to customer care?
Try to uninstall and reinstall the app, or else email premium experience
 
Currently that's the case. I have multiple cards from HDFC and ICICI Bank. Although the limit is shared, but bank show this as a separate limit in CIBIL. Unfortunately, SBI consider the overall limit and rejecting my application stating overleverage.
that is the concern right
 
Currently that's the case. I have multiple cards from HDFC and ICICI Bank. Although the limit is shared, but bank show this as a separate limit in CIBIL. Unfortunately, SBI consider the overall limit and rejecting my application stating overleverage.
Only SBI card worth having is SBI cashback.
you don't need any other card of SBI
 
Can we request for replacement card now.. is there option to do the same online..

If anyone is successful in getting citi card replaced with axis branding do let us know..
 
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