Samsung Axis Bank Signature Credit Card

Samsung Axis Bank Signature Credit Card Features and Benefits

From welcome bonus to reward points to travel privileges, the Samsung Axis Bank Signature Credit Card comes with a lot of privileges across different categories. All its benefits and features are given below in detail:

Welcome Benefits

The cardholders get a welcome bonus of 2,500 Edge Reward Points. One needs to make a minimum of three transactions within the first 30 days to become eligible for this welcome benefit.

Lounge Access

The Samsung Axis Bank Signature Card offers 4 complimentary domestic airport lounge access every year, i.e. 1 every quarter.

Dining Benefits

• The cardholders can avail of a 15% discount (up to Rs. 500) on dining across more than 4,000 premium restaurants in India.
• This dining discount can be availed twice every month.

Fuel Surcharge Waiver

The card offers a 1% fuel surcharge waiver on all fuel transactions between Rs. 400 and Rs. 4,000.

Spend-Based Waiver

The renewal fee of Rs. 500 is waived off if the cardholder has spent a minimum of Rs. 2 lakhs in the previous anniversary year.

Samsung Axis Bank Signature Credit Card Rewards & Cashback

• The Samsung Axis Bank Signature Cardholders get a 10% cashback on all their purchases from the Samsung brand. The cashback under this category is capped at Rs. 2,500 per month and Rs. 10,000 per anniversary year. Moreover, the cashback will only be applicable to purchases made via Samsung offline stores, brand EMI, Samsung app/website, or Flipkart.
• The cardholders earn 10 Edge Rewards on every spend of Rs. 100 on partnered brands, including BigBasket, Myntra, Zomato, UrbanCompany, Tata1mg, etc.
• On all other domestic & international transactions, the cardholders earn 5 Edge Rewards on every spend of Rs. 100.
• No Edge Rewards are earned on fuel purchases, cash advances, payment of credit card fees, rental payments, and EMI transactions on brands other than Samsung.

Reward Redemption

• The edge Reward Points that you earn using this card can be redeemed against various products, vouchers, and other options available at the axis Bank’s edge Rewards portal. The value of 1 Edge Reward = Re. 0.20
• The cashback is directly credited to the cardholders’ accounts within 60 days from the date of the eligible transaction.

Eligibility Criteria

Following are the eligibility criteria that an individual needs to fulfill to get approved for the Samsung Signature Credit card by Axis Bank:

• The primary cardholder’s age should be between 18 years and 70 years.
• The supplementary cardholder must be above 18 years of age.
• The applicant should be having a stable source of income.
• The applicant should be an Indian resident.

Documents Required

Following are the necessary documents that are required to apply for the card:

• Identity Proof – Passport, Aadhar Card, PAN Card, Driving Licence, and a photograph (passport size).
• Address Proof – Utility bills (latest months’ electricity/telephone bills), Aadhar Card, Passport, etc.
• Income Proof – Latest payslip/latest bank statements, Form 16, latest audited ITR, etc.

Bottom Line

The Samsung Axis Bank Signature Credit Card is a great choice for those who are loyal to the Samsung brand for all their electronic-related purchases. Moreover, it can also be considered a great choice for people who look for an affordable credit card with decent privileges across different categories. This card doesn’t only offer a great cashback rate on Samsung purchases, but it also provides cardholders with several other benefits, including a decent reward rate on other spends, complimentary lounge access, dining discounts every month, and many more. Though the Samsung Axis Bank Infinite Credit Card offers more privileges, it also charges a higher annual fee compared to the Signature variant. So, the Samsung Axis Bank Signature Card is a very good option for those who look for decent benefits with lower annual charges.