Samsung Axis Bank Signature Credit Card

Now, we would always say yes to a credit card that provides us with attractive rewards and cashback offers. This is why today we want to talk about the Samsung Axis Bank Signature Credit Card that provides a good number of rewards and cashbacks when its cardholders make a purchase on products and services of the Samsung brand. So, let us see why this credit card is making so much buzz in the market.

Fees and Charges

• What You Pay to Start: To get the Samsung Axis Bank Signature Credit Card, you need to pay Rs. 500 plus any extra taxes. This is the amount you pay when you first get the card.
• Yearly Cost and Waiver: Each year, you need to pay Rs. 500 plus taxes to keep the Samsung Axis Bank Signature Credit Card. But, if you spend Rs. 2 lakh or more in the whole year, you won’t have to pay this annual fee!
• Extra Cost for Not Paying on Time: If you don’t pay back the money you used on the Samsung Axis Bank Signature Credit Card on time, you will be charged 3.6% every month. That adds up to a really big 52.86% in a whole year!
• Extra Charges for Late Payments: If you don’t pay your bill on time, you will have to pay extra money based on how much you owe:
  • Up to Rs. 500: If you owe this amount, you won’t be charged any extra fees.
  • Between Rs. 501 and Rs. 5,000: If you owe between these amounts, you will have to pay Rs. 500 extra.
  • Between Rs. 5,001 and Rs. 10,000: If you owe this much, you will need to pay Rs. 750 extra.
  • More than Rs. 10,000: If you owe more than Rs. 10,000, the extra fee will be Rs. 1,200.

Samsung Axis Bank Signature Credit Card Details

Complimentary Airport Lounge Access: 

• Relax at the Airport: With the Samsung Axis Bank Signature Credit Card, you can go to the airport lounge for free. It’s a comfy place to wait before your flight!

Complimentary Eazydiner Membership:

• Free Eazydiner Membership: You get a free Eazydiner membership with your Samsung Axis Bank Signature Credit Card. This helps you find and enjoy cool places to eat.

1 Fuel Surcharge Waiver:

• No Extra Charges for Fuel: When you use your Samsung Axis Bank Signature Credit Card to buy fuel, you don’t have to pay extra for the surcharge. You get 1 fuel surcharge waiver.

3% ValueBack on International Transactions:

• Get Money Back on International Spending: If you use your Samsung Axis Bank Signature Credit Card to buy things from other countries, you get 3% back on those purchases. That’s a nice reward!

Unlimited Rewards on All Other Spends:

• Earn Rewards All the Time: Whenever you use your Samsung Axis Bank Signature Credit Card for anything else, you get unlimited rewards. So, the more you use it, the more rewards you earn!

Advantages and Disadvantages of Samsung Axis Bank Signature Credit Card

Advantages

• Activation Benefit: When you do 3 transactions with your Samsung Axis Bank Signature Credit Card within 30 days after you get it, you get ₹500 worth of Edge Reward Points.
• Samsung Purchases (including EMI): If you spend ₹1,00,000 on Samsung stuff, you get 10% back, which is ₹10,000.
• Purchases from Zomato: If you spend ₹500 twice a month on Zomato, that’s ₹12,000 a year. You get 2% back, which is ₹240.
• Purchases from BigBasket: If you spend ₹1,500 every month at BigBasket, that’s ₹18,000 a year. You get 2% back, which is ₹360.
• Purchases from Myntra: If you spend ₹2,000 four times a year at Myntra, that’s ₹8,000 a year. You get 2% back, which is ₹160.
• Purchases from Urban Company: If you spend ₹1,200 four times a year at Urban Company, that’s ₹4,800 a year. You get 2% back, which is ₹96.
• Purchases from Tata 1Mg: If you spend ₹800 every month at Tata 1Mg, that’s ₹9,600 a year. You get 2% back, which is ₹192.
• Fuel Surcharge Waiver: If you spend ₹3,000 every month on fuel, you get 1% back. That’s ₹36,000 a year, and you save ₹360 on fuel surcharge.
• Other Spends: If you spend ₹4,000 every month on other things, that’s ₹48,000 a year. You get 1% back, which is ₹480.
• Complimentary Airport Lounge Access: You can go to the airport lounge for free four times a year. That’s worth ₹24,000, but you get ₹4,000 worth of access.
• Eazy Diner Dining Offers: If you spend ₹2,000 a month at places with Eazy Diner offers, you save ₹500 each time. That’s a total of ₹6,000 in savings.
• Total Benefits: If you add up all these benefits, you get ₹22,388 worth of rewards and savings.

Disadvantages

• No Insurance Covers: This credit card does not involve rewards or offers on paying premiums of insurance policies.

Welcome Rewards of Samsung Axis Bank Signature Credit Card

• What You Get: When you first get the Samsung Axis Bank Signature Credit Card, you’ll get 2,500 EDGE Reward Points as a welcome gift. If you have the Infinite variant of the card, you’ll get a huge 30,000 EDGE Reward Points as your welcome gift.

Cashback Rewards of Samsung Axis Bank Signature Credit Card

• What You Get: When you use your Samsung Axis Bank Signature Credit Card to buy Samsung products and services, you get 10% cashback on everything you spend.
• EMI and Non-EMI: This cashback works whether you pay all at once or use EMI (easy monthly payments).
• No Minimum Amount: Even if you buy something really small, you still get cashback.
• No Limits: You can buy as much Samsung stuff as you want and still get cashback every time.
• Where to Use: This offer is only available at some specific places.

Eligibility Criteria and Documentation Needed of Samsung Axis Bank Signature Credit Card

Who Can Get the Card:

Minimum Age	You will have to be a minimum of 18 years old to apply for this credit card.
Maximum Age	You can be up to 70 years old to get the card.

What Documents You Need:

Proof of Identity	Proof of Address
PAN Card	Aadhaar card
Aadhaar card	Driver’s License
Driver’s License	Passport
Passport	A utility bill (not older than 3 months)
Voter’s ID	Ration Card
Overseas Citizen of India Card	Property Registration Document
Person of Indian Origin Card	Person of Indian Origin Card
Job card from NREGA	Job card from NREGA
Letters from UIDAI or any other government photo ID	Bank account statement or any other government-approved address proof

Proof of Income:

Show how much money you make with:

• The latest one or two salary slips (they shouldn’t be older than 3 months)
• Latest Form 16
• Last 3 months’ bank statements

Application Process for Samsung Axis Bank Signature Credit Card

1. Apply Online: Click on ‘Apply now,’ and you’ll be taken to Axis Bank’s website.
2. Submit Your Application: After you submit your application, you will get an SMS. This SMS will guide you to start the video KYC process.
3. Complete Video KYC: To finish the KYC process, have these items ready:

• PAN Card
• Aadhar Card
• Mobile Number linked to your Aadhar for receiving an OTP (One-Time Password).

FAQs