Samsung Axis Bank Signature Credit Card
Axis Bank
Annual Fee
₹500
Joining Fee
₹1,000 + GST
Base Reward
5% cashback
Foreign Markup
3.5% + GST
Fee Waiver
Waived on ₹2L annual spend
Interest Rate
3.75% per month
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
Rewards
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.
Category Rewards
| Category | Reward Rate | Monthly Cap |
|---|---|---|
shopping | 10%(10% cashback on Samsung purchases) | No cap |
other | 5%(5 EDGE Points/₹100 on other spends) | No cap |
Merchant-Specific Rewards
| Merchant | Reward | Context |
|---|---|---|
| Zomato | 10 EDGE Points/₹100 | online |
| UrbanCompany | 10 EDGE Points/₹100 | online |
| Tata 1MG | 10 EDGE Points/₹100 | online |
| Myntra | 10 EDGE Points/₹100 | online |
| BigBasket | 10 EDGE Points/₹100 | online |
| Amazon | 5% CashBack | online |
| Flipkart | 5% CashBack | online |
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.
Fees & Charges
Eligibility
Min Age
21 years
Max Age
40 years
Min Income (Salaried)
₹35,000
Min Income (Self-Employed)
₹6,00,000
Available Networks
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