Axis Bank Partners With Samsung to Launch Co-branded Credit Cards

Axis Bank offers a wide range of credit cards in different categories and the card issuer is continuously enhancing its portfolio by launching more & more exclusive cards keeping all segments of individuals in mind. Axis Bank has recently launched two credit cards in partnership with Samsung, a multinational electronic items manufacturing company. These cards are named Samsung Axis Bank Infinite Credit Card and Samsung Axis Bank Signature Credit Card. Out of the two, the Infinite Card is a premium credit card whereas the Signature Card is the basic one. These cards are targeted at those who are loyal to the Samsung brand for all their electronic items, such as mobile phones, TVs, refrigerators, etc.

Both the cards offer great cashback on Samsung purchases, however, the reward rate on other spends is higher with the Infinite Credit Card. Similarly, the other features & benefits and fees & charges of both these cards can also be different. Keep reading the article for more detailed information about both these credit cards:

Samsung Axis Bank Credit Cards

As discussed earlier, Axis Bank has launched the Infinite and Signature Credit Card in partnership with Samsung. The Infinite Credit Card comes with a higher annual fee as it is a premium card and the annual fee of the Signature Credit Card is comparatively lower. Similarly, the Infinite Credit Card offers higher reward rates and greater benefits compared to the Signature Card. To know more about the two cards, refer to the below-mentioned information:

Samsung Axis Bank Infinite Credit Card

The Samsung Axis Bank Infinite Credit Card comes with a joining and annual fee of Rs. 5,000, which is waived off (second year onwards) on spending Rs. 7 lakh or more in the previous year. The card offers a 10% cashback on Samsung purchases and up to 15 Reward Points per Rs. 100 spent on other categories. Other benefits of this card include complimentary lounge access, a 1% fuel surcharge waiver, bonus Reward Points as a welcome benefit, and many more. All its features are given below in detail:

– 30,000 bonus Edge Rewards on making at least 3 transactions within the first 30 days from the card issuance date.
– 10% cash back on all your Samsung purchases (capped at Rs. 5,000 per month and Rs. 20,000 per year).
– 15 Edge Rewards on every spend of Rs. 100 on partnered brands* and on international purchases.
– 5 Edge Rewards on every other retail spend of Rs. 100.
– 1-year complimentary EazyDiner prime membership.
– Up to 25% discount on dining (up to Rs. 800).
– Complimentary domestic lounge access every year (2 per quarter).
– 6 free international lounge visits every year with the complimentary Priority Pass membership.
– 1% fuel surcharge waiver on all fuel purchases.
– Spend-based waiver of the annual fee (waived on spending Rs. 7 lakh or more in the previous year).

*partnered brands: Myntra, BigBasket, Zomato, Tata1mg, UrbanCompany, etc.

Check more details here.

Samsung Axis Bank Signature Credit Card

The Samsung Axis Bank Signature Credit Card comes with a nominal annual membership fee of Rs. 500. The cashback rate offered by this card on Samsung purchases is the same as that offered by the Infinite Card, i.e, 10% cashback. However, the reward rate for other categories varies and the features might also be different. All its benefits are given below in detail:

– 2,500 bonus Edge Rewards as a welcome benefit on making at least 3 transactions within the first 30 days.
– 10% cashback on all Samsung purchases.
– 10 Edge Rewards on every Rs. 100 spent on partnered brands*.
– 5 Edge Rewards per Rs. 100 spent on all other domestic and international purchases.
– 4 complimentary domestic lounge access every year (1 per quarter).
– 15% discount on dining (up to Rs. 500) at several premium restaurants.
– 1% fuel surcharge waiver on all fuel purchases.
– The annual fee of Rs. 500 is waived on spending Rs. 2 lakhs or more in the previous year.

Check more details here.

Also Read: Earn 3X Edge Reward Points With Selected Axis Bank Credit Cards

Bottom Line

Axis Bank has come up with these exclusive co-branded credit cards that are majorly targeted at Samsung loyal customers. Both the cards let you save a lot on Samsung purchases, but other features of the cards are much different. If you just want a credit card to save on your electronic purchases, you can go with the Signature Card. However, if you are looking for a premium card with additional features as well, you should try to get the Infinite Credit Card, which is great not only for Samsung purchases but also for travel and dining-based spends.

If you have any further doubts regarding any of these two cards, you can freely ask us in the comment section below!