Synopsis: Samsung Axis Bank Signature Credit Card is a co-branded credit card in partnership with Samsung. This card allows you to get 10% instant cashback on Samsung Purchases.
What this Card Provides
This card provides ‘Welcome Bonus’ if you do 3 transactions within 30 days of issuing the card as 2500 EDGE reward points. The 3 transactions can be of any value. You get 10% cashback on all Samsung purchases which is capped at ₹2,500 per month and upto ₹10,000 per year. So to get a annual cashback of ₹10,000, you need to make a minimum spend of ₹1,00,000.
- Accelerated EDGE Reward Points on partner brands like BigBasket, Myntra, Zomato, Tata1mg, and Urban Company (approx. 2% value)
- 5 EDGE Reward Points per ₹100 on other spends. (on all domestic and international transactions)
- 1% fuel surcharge waiver (within limits)
- 4 complimentary domestic airport lounge visits per year, subject to minimum eligible spend of ₹50,000 in previous 3 months
- Forex Fee is 3.5% per transaction
This card also provides up to 15% instant savings on flights and hotels via Goibibo and MakeMyTrip. Also,10% discount on orders via Swiggy and Amazon Fresh Apps. This card has a Joining Fee of ₹500 and an Annual fee of ₹500 but annual fee is waived off on annual spends of ₹2 lakh.
Maximum Savings with Samsung Axis Bank Signature Card
Let’s look into a practical scenario where a person spend ₹2 lakhs annually using the Axis Bank Samsung Signature Card. Purchases were made on purchase of Samsung products like Smart watch, food clothing etc. The detailed breakdown of the annual spends, benefit rates and benefit (₹) is explained through this infographic image
To apply for the card, please visit the official website of Samsung Axis Bank Signature Credit Card
Also read: Airtel Axis vs Axis ACE: One Credit Card Gives 78% More Monthly Cashback — See the Winner
Conclusion
The Axis Bank Samsung Signature Credit Card is best suited for Samsung buyers and regular spenders who can cross ₹2 lakh annually. The annual savings of ₹22,000 become achievable if your spending pattern includes Samsung products and their affiliated partner brands. A standard cashback card will deliver better value for your spending when your spending patterns fail to match your credit card usage. The value of the card depends on your ability to use it for strategic purposes.
Written by Ameet S
