Axis Bank
Samsung Axis Bank Signature Credit Card
Annual Fee
₹590₹500 + GSTBase Reward
5% cashback
Foreign Markup
3.5% + GST
Welcome Benefits
2,500 bonus Edge Rewards on making at least 3 transactions within the first 30 days of card issuance.
Product Highlights
- 10% cashback on Samsung purchases
- 4 complimentary domestic lounge access every year
- 15% discount on dining via EazyDiner
- Exclusive offers on Samsung products
- Enhanced reward points on select categories
Category Rewards
shopping
10% cashback on Samsung purchases
10%
Specialty
5 EDGE Points/₹100 on other spends
5%
Fee Waiver
Waived on ₹2L annual spend
Merchant-Specific Rewards
Samsung India
★ 10% cashback on Samsung products + services(Cap ₹2,500/mo)
bigbasket
10 EDGE Reward Points per ₹100 on preferred partner merchants
Tata 1mg
10 EDGE Reward Points per ₹100 on preferred partner merchants
UrbanCompany
10 EDGE Reward Points per ₹100 on preferred partner merchants
Myntra
10 EDGE Reward Points per ₹100 on preferred partner merchants
Zomato
10 EDGE Reward Points per ₹100 on preferred partner merchants
Reward Calculator
Earns ₹5,520/year (net)
Modest gain. Solid hold if you like the perks.
₹16K
across all your buckets
₹5.5K
direct cashback
₹5.5K
via direct credit
Effective rate
2.88%
Annual fee
FREE
Year 1 net
+₹5,520
Year 2+ net
+₹5,520
ongoing
Adjust your spend by reward bucket
3 bucketsReal Reward Ceiling
Headline %s are gated by caps. Here's how far each accelerator stretches before it falls back to the base rate.
★ 10% cashback on Samsung products + services
Headline: 10.00% effective
₹2,500/month ÷ 10.00% = ₹25,000 eligible spend/month
Surcharges & Exclusions
Watch-outs that quietly erode your effective rewards. Categories listed as “excluded” earn 0% even if the merchant looks normal.
Rent payment surcharge
1%Charged on every rent transaction via CRED / NoBroker / Magicbricks / etc.
Wallet load surcharge
1%Kicks in after ₹10,000 cumulative wallet loads/cycle (Paytm, PhonePe, Mobikwik)
Utility payment surcharge
1%Kicks in after ₹25,000 cumulative utility spends/cycle
Foreign exchange markup
3.5%Charged on every international (non-INR) transaction
Excluded from rewards
fuel, rent, wallet, emi, cash advance, government, education, insurance
Surcharges are typically charged 1 cycle after the transaction and may include GST. Always confirm with the bank's most recent T&C.
Rewards Details
10% cashback on all Samsung purchases, capped at ₹2,500 per month and ₹10,000 per year. Earn 10 EDGE Points/₹100 spent on Zomato, UrbanCompany, Tata 1MG, Myntra, and BigBasket. Earn 5 EDGE Points/₹100 on other domestic and international eligible spends.
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 & Features
Domestic: 4 complimentary domestic lounge access every year. (Unlocked on spends of ₹50,000 in the previous quarter.) International: 2 per year via Priority Pass (Available from year 2 onwards) Full lounge access description not provided.
Pros & Cons
Pros
- Affordable joining fee and annual fee of ₹500 + GST
- Great cashback rate on Samsung purchases
- Complimentary lounge access
- 5% CashBack on Amazon
- 5% CashBack on Flipkart
Cons
- Airport lounge access is spend-based
- Annual fee of ₹1,000
- Limited to specific merchants for high rewards
Additional Info
The card is best for Samsung loyalists.
Offers solid benefits with lower annual charges.
Capped at ₹10,000 per anniversary year for Samsung purchases.
Excluded Categories
Partner Merchants
Ready to apply?
Apply directly on the bank's official website. Quick approval, no hidden steps.
Apply NowOfficial bank website · Secure
Fees & Charges
Eligibility
Min Age
21 yrs
Salaried
₹0.3L+
Self-Emp
₹6.0L+
Networks
Fee Waiver
Waived on ₹2L annual spend