Paytm Citi Credit Card - Citi Axis transfer

[vaibhav111]

so bascially i thought all citi including co-branded card will be transferred to axis bank but doesn't seem that way cause only citi card expect co-branded all customer have received mail for consent to transfer their relationship to axis, so should i close the paytm cc it has 3.37 laksh limit and 50,000 k spend for reversal , or they will send mail to co-branded citi card ? card has 1% cashback it was issued in jan 2019.

 

[vaibhav111]

yeah mine too look the same which i received in dec

 

[phani11]

Hello,
I had citi paytm cc and recently heard of citi migration to axis, I accepted citi rewards card from citi's email about the same. Now I have citi rewards, is there chance that it will be migrated to axis in future ?

 

[Harry1]

Got confirmation from Citi regarding my "No consent".

Thank you for your response. We have noted that you do not wish to replace your Citi Paytm Credit Card by a Citi-branded Credit Card and It will lead to closure of your Citi Paytm Credit Card (without issuance of an alternate card) on or post 30th January 2023, as Citi India will no longer be able to continue to provide the services on your Citi Paytm Credit Card.

 

[Pavan]

Today is final day end of Paytm i was thinking they will give LTF but no now i have t go for paid cashback to save my CIBIL

 

[Harry1]

Today is final day end of Paytm i was thinking they will give LTF but no now i have t go for paid cashback to save my CIBIL

My cibil has been constant despite several card opening and closure in last 18 months. Recently closed my first 2 cards. Let's see if there is some activity post 2 months.

 

[anirban.choudhury]

My cibil has been constant despite several card opening and closure in last 18 months. Recently closed my first 2 cards. Let's see if there is some activity post 2 months.

Score is not affected unless you close oldest card. I think age of oldest credit history has low to medium impact on cibil score.

 

[Pavan]

My cibil has been constant despite several card opening and closure in last 18 months. Recently closed my first 2 cards. Let's see if there is some activity post 2 months.

This is my oldest card using since 2019 and have payment every month

 

[vaibhav111]

This is my oldest card using since 2019 and have payment every month

I'm not sure why you think it paid Card , they will give 1000 cb and charge you annual fees later I think 🤔 cause I gave my consent for reward citi card and it too have annual fees of 1000 plus gst with 30k reversal within a year

 

[Harry1]

Score is not affected unless you close oldest card. I think age of oldest credit history has low to medium impact on cibil score.

Yeah, i closed my oldest card last month and second oldest will close today or next month. So, need to see if anything happens to cibil.

I have seen many people saying score going down with new card account, cibil enquiry or even account closure. And all of them had no impact on mine. So, i am guessing the same for oldest card closure as well😅.

 

[AsB]

Yeah, i closed my oldest card last month and second oldest will close today or next month. So, need to see if anything happens to cibil.

I have seen many people saying score going down with new card account, cibil enquiry or even account closure. And all of them had no impact on mine. So, i am guessing the same for oldest card closure as well😅.

A new account was added in my account, and my score increased by 2 points, mostly because the total credit ratio reduced.

 

[Harry1]

A new account was added in my account, and my score increased by 2 points, mostly because the total credit ratio reduced.

By constant, I mean +/- 2 points. If 2 points is what people say it will reduce, then I can't say anything 😂. It is pretty hard to explain such small changes.

 

[Pavan]

By constant, I mean +/- 2 points. If 2 points is what people say it will reduce, then I can't say anything 😂. It is pretty hard to explain such small changes.

Am not worried about two points my friend closed his moneyback card to applyh new card from HDFC his score was down by 11

 

[teja12]

I have agreed with the swap but still no response from their end. Will my existing card will work not?

 

[vaibhav111]

I have agreed with the swap but still no response from their end. Will my existing card will work not?

Order something n then cancel

 

[AsB]

I have agreed with the swap but still no response from their end. Will my existing card will work not?

Try confirming from Customer care, if you Consent was registered with Citibank. If not, then it will be problem, if you need a swap.

 

[Pavan]

Try confirming from Customer care, if you Consent was registered with Citibank. If not, then it will be problem, if you need a swap.

I did yesterday night i got an email saying thanks for choosing to swap....

 

[AsB]

I did yesterday night i got an email saying thanks for choosing to swap....

Then they should send the card

 

[Pavan]

Then they should send the card

Hope so.. i had 62 mins of conversation requesting for LTF but they said once i get the card i will get a swap with IOCL so i agrred go for swap with paytm card

 

[Harry1]

Anyone knows how refunds work on closed card account?

Does merchant transfer to any bank account or we need to ask card issuing bank for that? In case of Citi, we would need to ask Axis?

 

[Pavan]

Anyone knows how refunds work on closed card account?

Does merchant transfer to any bank account or we need to ask card issuing bank for that? In case of Citi, we would need to ask Axis?

For my Citi paytm they told if i hold another card it will be transferred to rewards card