Samsung Axis Bank Signature Credit Card – Benefits, Fees & Eligibility

Samsung Axis Bank Signature Credit Card

The Samsung Axis Bank Signature Credit Card is a co-branded credit card designed for individuals who frequently purchase Samsung products and seek an affordable card with comprehensive benefits across various categories. This card provides a strong cashback on Samsung transactions, alongside a rewarding points system for other spends, complimentary domestic airport lounge access, and exclusive dining privileges. It aims to offer significant value with a manageable annual fee that can be easily waived through annual spending.

Welcome Benefits

• Receive 2,500 EDGE REWARD Points upon completing at least 3 transactions within the first 30 days of card issuance.
• The welcome bonus of 2,500 EDGE Reward Points is equivalent to ₹500, effectively offsetting the joining fee.

Fees

• Joining Fee: ₹500 + GST
• Renewal Fee: ₹500 + GST
• Spend-Based Waiver: The annual fee of ₹500 is waived if the cardholder spends ₹2 Lakhs or more in the previous anniversary year.
• Rewards Redemption Fee: Nil
• Interest Rates: 3.6% per month
• Fuel Surcharge: 1% fuel surcharge waiver on all fuel purchases.
  • Applicable on transactions between ₹400 and ₹4,000.
  • Waiver capped at INR 500 per statement cycle.
  • GST on fuel surcharge is non-refundable.
• Cash Advance Charges: 2.5% of the withdrawn amount, subject to a minimum of ₹500.

Rewards

Cashback Benefits

• Enjoy 10% cashback on all Samsung purchases, including EMI transactions.
  • Cashback is capped at ₹2,500 per month.
  • Cashback is capped at ₹10,000 per anniversary year.
  • Cashback is applicable on purchases made via Samsung physical stores, brand EMI, Samsung E-Store, or Amazon.
  • Cashback will be directly credited to your credit card statement.

Accelerated Rewards

• Earn 10 EDGE REWARD Points on every ₹100 spent with preferred partners: bigbasket, Tata1mg, UrbanCompany, Myntra, and Zomato.

Standard Rewards

• Earn 5 EDGE REWARD Points on every ₹100 spent on all other domestic and international transactions.

Dining

• Avail a 15% discount (up to ₹500) on dining across more than 4,000 premium restaurants in India.
• This dining discount can be enjoyed twice every month through the Axis Bank Dining Delights Program.
• This is a portfolio offer and is subject to change at the Bank's discretion.

Domestic Lounge Access

• Receive 4 complimentary lounge visits per calendar year at select domestic airports.
• Lounge access is based on a minimum eligible spend of ₹50,000 in the previous 3 months (effective May 01, 2024).

Fuel Surcharge Waiver

• Get a 1% fuel surcharge waiver on all fuel transactions between ₹400 and ₹4,000, up to INR 500 per statement.
• No Edge Rewards are earned on fuel transactions.

Other Benefits

• Convert Purchases to EMI: Convert credit card transactions of ₹2,500 or more into easy EMIs by contacting the bank.
• Wednesday Delight: Enjoy exciting offers every Wednesday, including:
  • Instant savings of up to 15% on flights & hotels via MakeMyTrip.
  • 10% off on orders via Swiggy.
  • 10% off up to ₹1,000 on Tira.
  • This is a portfolio offer and is subject to change at the Bank's discretion.
• Zero Liability Protection: The card offers zero liability protection against lost or stolen cards.

Reward Exclusions

• No Edge Rewards are earned on fuel purchases, cash advances, jewelry, insurance, education, payment of credit card fees, rental payments, and EMI transactions on brands other than Samsung.

Rewards Redemption Guide

• EDGE Reward Points:
  • EDGE Reward Points can be redeemed for various products, vouchers, and other options available at the Axis Bank’s Edge Rewards portal.
  • The value of 1 Edge Reward Point is ₹0.20.
• Cashback:
  • Cashback earned from Samsung purchases is directly credited to the cardholders’ credit card statements.
  • Cashback is typically credited within 60 days from the date of the eligible transaction.

Card Eligibility Criteria

• Age of Primary Cardholder: Must be between 18 years and 70 years.
• Age of Supplementary Cardholder: Must be above 18 years of age.
• Income: The applicant should have a stable source of income.
• Residency: The applicant should be an Indian resident.

Card Review

The Samsung Axis Bank Signature Credit Card is an excellent choice, especially for those loyal to the Samsung brand for their electronic purchases. It stands out by offering a highly competitive 10% cashback on Samsung purchases, making it particularly valuable for regular Samsung shoppers. Beyond Samsung, the card provides a decent reward rate on other spends, including accelerated rewards with preferred partners and standard rewards on all other transactions. Cardholders also benefit from practical perks like complimentary domestic airport lounge access, significant dining discounts twice a month, and a fuel surcharge waiver. While the Samsung Axis Bank Infinite Credit Card offers more premium privileges, the Signature variant provides a strong value proposition with lower annual charges, making it an attractive option for those seeking substantial benefits without a high annual fee.

Important Product Details

• Welcome benefit of 2,500 bonus Edge Rewards (equivalent to ₹500).
• 10% cashback on all Samsung purchases, capped at ₹2,500 per month and ₹10,000 per annum.
• Earn 10 Edge Rewards on every ₹100 spent with bigbasket, Tata1mg, UrbanCompany, Myntra, and Zomato.
• Earn 5 Edge Rewards on every ₹100 spent on all other domestic and international transactions.
• Enjoy 4 complimentary domestic lounge accesses per calendar year, subject to a spend of ₹50,000 in the previous quarter.
• Benefit from a 15% discount on dining across over 4,000 premium restaurants, twice every month.
• Receive a 1% fuel surcharge waiver on transactions between ₹400 and ₹4,000, up to INR 500 per statement.
• The annual fee of ₹500 + GST can be waived on spending ₹2 Lakhs or more in the previous anniversary year.
• Interest rate of 3.6% per month.
• Cash advance charges of 2.5% of the withdrawn amount (minimum ₹500).
• No rewards are earned on fuel, cash advances, jewelry, insurance, education, credit card fees, and rental payments.

Other Details

• The Terms & Conditions of the Samsung Axis Bank Credit Card will be updated effective 20th June, 2025.