Travel on Points

Samsung Axis Bank Signature Credit Card

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  • Joining fee

    ₹500 + GST

  • Annual fee

    ₹500 + GST

  • Best suited for

    Shopping

  • Reward type

    Cashback

Rewards

  • Rewards rate

    10 EDGE Points/₹100 Spent on Zomato, UrbanCompany, Tata 1MG, Myntra, and BigBasket. 5 EDGE Points/₹100 on Other Domestic and International Eligible Spends. Up to ₹10,000 Cashback Annually on Samsung Purchases

  • Welcome benefits

    2,500 bonus Edge Rewards on making at least 3 transactions within the first 30 days of card issuance.

  • Reward redemption

    Cashback is Provided Against Statements, and EDGE Rewards can be Redeemed for Multiple Options such as Statement Cash or Vouchers. 1 Edge Reward = ₹0.20.

Benefits

  • Domestic lounge

    4 Complimentary Domestic Lounge Access Every Year. Visits are Unlocked on Spends of ₹50,000 in the Previous Quarter

Fees & charges

  • Spend-based waiver

    The annual fee of Rs. 500 is waived on spending Rs. 2 lakhs or more in the previous anniversary year.

  • Rewards redemption fee

    ₹99 + GST

  • Foreign currency markup

    3.5%

  • Interest rates

    3.75% Per Month

  • Fuel surcharge waiver

    1% Waiver on Fuel Purchases Made Between ₹400 and ₹5,000

  • Cash advance charges

    2.5% of the withdrawn amount subject to a minimum of Rs. 500.

Product highlights

  • Welcome benefits of 2,500 bonus Edge Rewards.
  • 10% cashback on all Samsung purchases.
  • 10 Edge Rewards on every ₹100 spent on partnered brands.
  • 5 Edge Rewards on every ₹100 spent elsewhere.
  • Complimentary domestic lounge access every year.
  • 1% fuel surcharge waiver on all fuel transactions.

Pros & cons

Pros

  • The card comes with an affordable joining fee and an annual fee of ₹500 + GST.
  • All those who make frequent Samsung purchases and make the most from this card.

Cons

  • For this price range, the card offers plenty of benefits; the only drawback that appears is that the airport lounge access with this card is spend-based.

FAQs

What is the reward rate on Samsung purchases with the Samsung Axis Bank Signature Credit Card?

On Samsung purchases, this card offers 10% cashback, capped at ₹2,500 per month and ₹10,000 per year.

What is the annual fee of the Samsung Axis Bank Signature Credit Card?

The annual fee of the Samsung Axis Bank Signature Card is ₹500, which is waived off on spending rs. 2 lakhs or more in the previous year.

Does this card offer complimentary lounge access?

Yes, the Samsung Axis Bank Signature Credit Card provides 4 complimentary domestic lounge access passes each year.