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What are the prospective replacements of Citi Cards when migrated to Axis.

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Vineet Kumar

Vineet Kumar

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Dear Forum Members,

The concluding date of transfer of Citi business to Axis is round the corner.
When the prestigious and premium segment Citi Cards would be transferred to Axis the latter is likely to issue new cards to the Citi Customers.

Let's deliberate on the topic.

What are the possible scenarios :

a) Axis will continue the Citi cards under the exisiting name ans style only.
b) Axis will transfer the cards under the Axis brand, but keep the same features and card names intactact.
c) Axis will migrate the existing Citi cards to the nearest matching cards in Axis's current portfolio.
d) Axis will create an entirely new range of cards, especially for the migrated cards.

Your active partcipation and well thought of inputs are solicited.

Let the discussion begin.
 
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lightwaves said:
Axis Neo I guess ?
Click to expand...
Tarun239 said:
Those holding citi rewards credit card, what is likely card to be offered in future?
Click to expand...
every card has equal card in Axis already .. but that likely takes sometime.. we're taking about end of 2024 atleast, so do not worry or stress much. When time comes, they likely provide 1 or 2 options to choose, and if you like Axis by that time - Go for it.

Citi Rewards = Axis Rewards
Citi IndianOil = Axis IndianOil
Citi PremierMiles = Axis Atlas
Citi Prestige = Axis Magnus (mostly, they'll adjust features by that time, don't worry)

Just ignore and if its contributing your CIBIL score, keep it otherwise close it. Do not hope much about transition..
 
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helloworld said:
every card has equal card in Axis ready .. but that likely takes sometime.. we're taking about end of 2024 atleast, so do not worry or stress much. When time comes, they likely provide 1 or 2 options to choose, and if you like Axis by that time - Go for it.

Citi Rewards = Axis Rewards
Citi IndianOil = Axis IndianOil
Citi PremierMiles = Axis Atlas
Citi Prestige = Axis Magnus (mostly, they'll adjust features by that time, don't worry)

Just ignore and if its contributing your CIBIL score, keep it otherwise close it. Do not hope much about transition..
Click to expand...
I am having citi card as ltf, after transition will i get a ltf axis similar card?
 
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helloworld said:
every card has equal card in Axis ready .. but that likely takes sometime.. we're taking about end of 2024 atleast, so do not worry or stress much. When time comes, they likely provide 1 or 2 options to choose, and if you like Axis by that time - Go for it.

Citi Rewards = Axis Rewards
Citi IndianOil = Axis IndianOil
Citi PremierMiles = Axis Atlas
Citi Prestige = Axis Magnus (mostly, they'll adjust features by that time, don't worry)

Just ignore and if its contributing your CIBIL score, keep it otherwise close it. Do not hope much about transition..
Click to expand...
Seems equivalent.

But Atlas is way better rewarding than Premier Miles. But now looking at the devaluation Magnus is no where equivalent to Citi Prestige.

I have 1L minimum balance Citi account which was Suvidha account in the past they offered Priority Axis banking program (Which is 2L MAB) but not sure on the MAB requirements after transfer. Time will let us know. As of now don't want to lose the Citi until its Citi branded because of the long relationship.
 
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bvc19296 said:
Seems equivalent.

But Atlas is way better rewarding than Premier Miles. But now looking at the devaluation Magnus is no where equivalent to Citi Prestige.

I have 1L minimum balance Citi account which was Suvidha account in the past they offered Priority Axis banking program (Which is 2L MAB) but not sure on the MAB requirements after transfer. Time will let us know. As of now don't want to lose the Citi until its Citi branded because of the long relationship.
Click to expand...

I'm hoping when time comes, everything will be equal. Since, we have two products, we're comparing them and finding which is better or not. But soon once this transition completed by 2025, may not have two cards then comparing existing card with discontinued card not a good comparision.

Like I mentioned earlier, ignore for now, utilize whichever offer best, and when time comes if needed will switch otherwise have to close without any option.

As you mentioned, time will let us know.
 
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Tarun239 said:
Thanks, u have provided a very logical and realistic explanation.
Click to expand...

these are the likely options you'll get (again, just an assumption)

- Convert Citi rewards to Axis rewards under same pricing plan.
- Can be opt for privilege or below cards in exchange of Citi rewards but paid.
- Keep continue until its expiry and get automatically Axis rewards.
- If not like anything, can be cancelled automatically.

As said, we'll get atleast 2 options.
 
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helloworld said:
these are the likely options you'll get (again, just an assumption)

- Convert Citi rewards to Axis rewards under same pricing plan.
- Can be opt for privilege or below cards in exchange of Citi rewards but paid.
- Keep continue until its expiry and get automatically Axis rewards.
- If not like anything, can be cancelled automatically.

As said, we'll get atleast 2 options.
Click to expand...
LTF will remain LTF.. baaki.. anything can happen.. they may profile customer and offer
 
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Update:
Some information about migration is available on some social media platforms. Just reproducing the info thus available.
Disclaimer :
Authenticity of the information is not yet ascertained, as no formal communication is available from Citi or Axis.

Axis Bank Announces New Credit Card Lineup for Former Citibank Customers

Axis Bank has recently announced the finalized details for the replacement credit cards for former Citibank customers, following the acquisition of Citibank’s retail business in India. This migration aims to provide a seamless transition for customers while offering enhanced benefits and rewards. Here’s a detailed look at the new lineup.

IndianOil Citi Credit Card to Indian Oil Axis Bank Premium (may be Platinum) Credit Card

Former holders of the IndianOil Citi Credit Card will now transition to the Indian Oil Axis Bank Premium Credit Card. This card continues to focus on fuel rewards, maintaining the benefits that customers enjoyed with the Citibank version.

Citi Rewards Credit Card to Axis Bank Rewards Credit Card

Customers who previously held the Citi Rewards Credit Card will now be using the Axis Bank Rewards Credit Card. This card is designed to provide rewards on a wide range of spending categories, making it a versatile option for everyday use.

Citi PremierMiles Credit Card to Axis Bank Horizon Credit Card

One of the most anticipated cards in this new lineup is the Axis Bank Horizon Credit Card, which replaces the Citi PremierMiles Credit Card. This card caters specifically to frequent travelers, providing extensive travel benefits and rewards.

Axis Bank Horizon Credit Card: Features and Benefits

Joining and Annual Fees

The Axis Bank Horizon Credit Card comes with a joining fee and an annual fee of Rs 3,000. This positions the card as a premium offering, promising a range of high-value benefits in return for the fee.

Welcome and Renewal Benefits

New cardholders will be greeted with a generous welcome benefit of 5,000 Edge Miles, providing an immediate boost to their rewards balance. On renewal, cardholders will receive 1,500 Edge Miles, ensuring that loyal customers continue to receive value each year.

Earning Edge Miles

The card offers an attractive rewards structure:

- **5 Edge Miles per Rs 100 spent on Traveledge and airline purchases**: This is particularly beneficial for those who frequently book flights or use travel-related services, allowing them to accumulate rewards quickly.
- **2 Edge Miles per Rs 100 spent on other categories**: This ensures that cardholders earn rewards on a wide range of purchases, making everyday spending more rewarding.

Conversion Rate

Edge Miles can be converted at a rate of 1 Edge Mile = 1 Partner Mile. This straightforward conversion makes it easy for cardholders to understand the value of their rewards and how they can be utilized with various travel partners.

Conclusion

The migration from Citibank to Axis Bank is poised to provide former Citibank customers with enhanced benefits and a smooth transition. The new credit card offerings, particularly the Axis Bank Horizon Credit Card, are designed to cater to the diverse needs of cardholders, from daily spending to specialized travel rewards.

With the integration of these new cards, Axis Bank aims to retain the loyalty of Citibank customers while attracting new users with their compelling benefits and robust rewards program. Customers can look forward to leveraging these new credit cards to maximize their spending and enjoy a host of exclusive perks and privileges.
 

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helloworld said:
Is this also new card? why?

There are already lot of cards from this bank, yet new cards. Why can't adjust/provide same benefits in existing cards?
Click to expand...
I think it would be Platinum and not Premium. But going by what is available it appears to be Premium.

Although on the lighter side, there is nothing premium left in Axis, anymore.
 
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Vineet Kumar said:
Update:
Some information about migration is available on some social media platforms. Just reproducing the info thus available.
Disclaimer :
Authenticity of the information is not yet ascertained, as no formal communication is available from Citi or Axis.

Axis Bank Announces New Credit Card Lineup for Former Citibank Customers

Axis Bank has recently announced the finalized details for the replacement credit cards for former Citibank customers, following the acquisition of Citibank’s retail business in India. This migration aims to provide a seamless transition for customers while offering enhanced benefits and rewards. Here’s a detailed look at the new lineup.

IndianOil Citi Credit Card to Indian Oil Axis Bank Premium (may be Platinum) Credit Card

Former holders of the IndianOil Citi Credit Card will now transition to the Indian Oil Axis Bank Premium Credit Card. This card continues to focus on fuel rewards, maintaining the benefits that customers enjoyed with the Citibank version.

Citi Rewards Credit Card to Axis Bank Rewards Credit Card

Customers who previously held the Citi Rewards Credit Card will now be using the Axis Bank Rewards Credit Card. This card is designed to provide rewards on a wide range of spending categories, making it a versatile option for everyday use.

Citi PremierMiles Credit Card to Axis Bank Horizon Credit Card

One of the most anticipated cards in this new lineup is the Axis Bank Horizon Credit Card, which replaces the Citi PremierMiles Credit Card. This card caters specifically to frequent travelers, providing extensive travel benefits and rewards.

Axis Bank Horizon Credit Card: Features and Benefits

Joining and Annual Fees

The Axis Bank Horizon Credit Card comes with a joining fee and an annual fee of Rs 3,000. This positions the card as a premium offering, promising a range of high-value benefits in return for the fee.

Welcome and Renewal Benefits

New cardholders will be greeted with a generous welcome benefit of 5,000 Edge Miles, providing an immediate boost to their rewards balance. On renewal, cardholders will receive 1,500 Edge Miles, ensuring that loyal customers continue to receive value each year.

Earning Edge Miles

The card offers an attractive rewards structure:

- **5 Edge Miles per Rs 100 spent on Traveledge and airline purchases**: This is particularly beneficial for those who frequently book flights or use travel-related services, allowing them to accumulate rewards quickly.
- **2 Edge Miles per Rs 100 spent on other categories**: This ensures that cardholders earn rewards on a wide range of purchases, making everyday spending more rewarding.

Conversion Rate

Edge Miles can be converted at a rate of 1 Edge Mile = 1 Partner Mile. This straightforward conversion makes it easy for cardholders to understand the value of their rewards and how they can be utilized with various travel partners.

Conclusion

The migration from Citibank to Axis Bank is poised to provide former Citibank customers with enhanced benefits and a smooth transition. The new credit card offerings, particularly the Axis Bank Horizon Credit Card, are designed to cater to the diverse needs of cardholders, from daily spending to specialized travel rewards.

With the integration of these new cards, Axis Bank aims to retain the loyalty of Citibank customers while attracting new users with their compelling benefits and robust rewards program. Customers can look forward to leveraging these new credit cards to maximize their spending and enjoy a host of exclusive perks and privileges.
Click to expand...
I got Citi Cashback Card... Any replacement announced for that??
 
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Vineet Kumar said:
I think it would be Platinum and not Premium. But going by what is available it appears to be Premium.

Although on the lighter side, there is nothing premium left in Axis, anymore.
Click to expand...

Attached found screenshots, its premium. Still confused why they need another card. Till 2 months back normal IOCL card waived at 50k which they increased 3L. Now, they need another card that can be waived at 30k?

So, normal IOCL people should fight.
 
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Yes it is. However, I got it with the first batch of Premier Miles customers, who were offered the card as a replacement of erstwhile Jet Privilege Signature Card when Citi Bank severed ties with Jet Airways in the year 2011-12, on a special pricing of ₹1K as AF.

Generally it comes at ₹3K JF & AF.
 
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Finally received the communication for migration from Citi Premier Miles to Axis Horizon
 

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Upvote 0 Downvote
Vineet Kumar said:
Update:
Some information about migration is available on some social media platforms. Just reproducing the info thus available.
Disclaimer :
Authenticity of the information is not yet ascertained, as no formal communication is available from Citi or Axis.

Axis Bank Announces New Credit Card Lineup for Former Citibank Customers

Axis Bank has recently announced the finalized details for the replacement credit cards for former Citibank customers, following the acquisition of Citibank’s retail business in India. This migration aims to provide a seamless transition for customers while offering enhanced benefits and rewards. Here’s a detailed look at the new lineup.

IndianOil Citi Credit Card to Indian Oil Axis Bank Premium (may be Platinum) Credit Card

Former holders of the IndianOil Citi Credit Card will now transition to the Indian Oil Axis Bank Premium Credit Card. This card continues to focus on fuel rewards, maintaining the benefits that customers enjoyed with the Citibank version.

Citi Rewards Credit Card to Axis Bank Rewards Credit Card

Customers who previously held the Citi Rewards Credit Card will now be using the Axis Bank Rewards Credit Card. This card is designed to provide rewards on a wide range of spending categories, making it a versatile option for everyday use.

Citi PremierMiles Credit Card to Axis Bank Horizon Credit Card

One of the most anticipated cards in this new lineup is the Axis Bank Horizon Credit Card, which replaces the Citi PremierMiles Credit Card. This card caters specifically to frequent travelers, providing extensive travel benefits and rewards.

Axis Bank Horizon Credit Card: Features and Benefits

Joining and Annual Fees

The Axis Bank Horizon Credit Card comes with a joining fee and an annual fee of Rs 3,000. This positions the card as a premium offering, promising a range of high-value benefits in return for the fee.

Welcome and Renewal Benefits

New cardholders will be greeted with a generous welcome benefit of 5,000 Edge Miles, providing an immediate boost to their rewards balance. On renewal, cardholders will receive 1,500 Edge Miles, ensuring that loyal customers continue to receive value each year.

Earning Edge Miles

The card offers an attractive rewards structure:

- **5 Edge Miles per Rs 100 spent on Traveledge and airline purchases**: This is particularly beneficial for those who frequently book flights or use travel-related services, allowing them to accumulate rewards quickly.
- **2 Edge Miles per Rs 100 spent on other categories**: This ensures that cardholders earn rewards on a wide range of purchases, making everyday spending more rewarding.

Conversion Rate

Edge Miles can be converted at a rate of 1 Edge Mile = 1 Partner Mile. This straightforward conversion makes it easy for cardholders to understand the value of their rewards and how they can be utilized with various travel partners.

Conclusion

The migration from Citibank to Axis Bank is poised to provide former Citibank customers with enhanced benefits and a smooth transition. The new credit card offerings, particularly the Axis Bank Horizon Credit Card, are designed to cater to the diverse needs of cardholders, from daily spending to specialized travel rewards.

With the integration of these new cards, Axis Bank aims to retain the loyalty of Citibank customers while attracting new users with their compelling benefits and robust rewards program. Customers can look forward to leveraging these new credit cards to maximize their spending and enjoy a host of exclusive perks and privileges.
Click to expand...

I see that Prestige has not been mentioned. My Prestige got shifted to 'Olympus'. I think that's a new Axis card? Not sure. However, they have said all the previous benefits will continue.
 
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