AXIS SAMSUNG CREDIT CARD REVIEW 2024

In this article we will provide the information related to AXIS SAMSUNG credit card review, evaluating their features, rewards, and benefits to help you make an informed decision about whether they are worth your consideration.

Axis Bank’s collaboration with Samsung has brought forth two co-branded credit cards – the Axis Samsung Infinite Credit Card and the Axis Samsung Signature Credit Card.

 

AXIS SAMSUNG CREDIT CARD INFINITE

 

Fees and Eligibility:

The joining and annual fees for the Axis Samsung Infinite Credit Card amount to INR 5000 + GST, with the fee being waived at annual spends of 7 lakhs.

 

Rewards and Benefits:

Joining Benefit:

Avail a joining benefit of 30k Edge Reward points, equivalent to INR 6k or 24k airmiles (assumption).

This requires you to complete three transactions of any value within 30 days of card issuance.

Enjoy a 1year EazyDiner Prime membership.

 

Recurring Benefits:

Get a 10% cashback on all Samsung purchases made through various channels, including physical stores via Pinelab terminal and Benow Soft terminal, Samsung website/app, Flipkart, and Samsung service centers.

The cashback is capped at 5000 per month (calendar month) and 20000 in a year (card anniversary).

 

 Reward Points:

 Standard Reward Rate:

 Earn 5 reward points for every INR 100 spent, translating to a 1% reward rate.

Accelerated Reward Rate: Enjoy 15 reward points on every INR 100 spent on select merchants such as BigBasket, Tata1mg, Urban Company, Myntra, and Zomato (3% reward rate).

   For international spends, earn 15 reward points on every INR 100 spent.

 

 Lounge Access:

   Domestic: Access 8 complimentary domestic lounges in a year for the primary cardholder.

   International: Receive 6 complimentary lounge accesses for the primary cardholder through Priority Pass membership.

AXIS SAMSUNG  CREDIT CARD SIGNATURE

 

Fees and Eligibility:

 The joining and annual fees for the Axis Samsung Signature Credit Card are INR 500 + GST, with the fee being waived at annual spends of 2 lakhs.

 

Rewards and Benefits:

 Joining Benefit:

   Avail a joining benefit of 2.5k Edge Reward points, worth INR 500 or 2k airmiles (assumption). This requires you to complete three transactions of any value within 30 days of card issuance.

 

 Recurring Benefits:

   Get a 10% cashback on all Samsung purchases made through various channels, with a cashback cap of 2500 per month (calendar month) and 10000 in a year (card anniversary).

 

 Reward Points:

   Standard Reward Rate: Earn 5 reward points for every INR 100 spent on all domestic and international transactions, equating to a 1% reward rate.

   Accelerated Reward Rate: Receive 10 reward points for every INR 100 spent on select merchants (2% reward rate).

 

 Lounge Access:

   Domestic: Access 4 complimentary domestic lounges in a year for the primary cardholder.

 

ALSO READ:

AXIS MAGNUS CREDIT CARD REVIEW

AIRTEL AXIS BANK CREDIT CARD REVIEW

 

 THOUGHTS ON AXIS SAMSUNG CREDIT CARD

 

While the following thoughts primarily focus on the Axis Samsung Infinite Credit Card, they generally apply to the Signature variant with a lower reward rate.

 

 POSITIVES OF AXIS SAMSUNG CREDIT CARD

 

  1. Reward Rate Based on Multiples of 100:

    The reward rate for Samsung credit cards is based on multiples of 100, minimizing the loss of reward points on small transactions.

 

  1. 10% Cashback on Samsung Purchases:

    A decent cashback on Samsung products, although the monthly cap on the Infinite variant might be considered low, especially for significant purchases.

 

  1. 15 Reward Points on Select Merchants:

    15 Edge reward points for every 100 spent on specific merchants, offering a robust 3% reward rate, surpassing Magnus and Reserve.

 

  1. 15 Reward Points on International Spending:

    A better reward rate (30 RPs on 200 spent) compared to Axis Magnus for international transactions, potentially providing a competitive edge.

 

  1. 30k Edge Reward Points as Welcome Benefit:

    The welcome bonus of 30k Edge reward points, valued at 6k INR, enhances the initial benefits for cardholders.

 

  1. Personal Use Only:

    Clear terms stating that the card should not be used for commercial purposes, ensuring prolonged enjoyment of the 10% cashback for Samsung enthusiasts.

 

 NEGATIVES OF AXIS SAMSUNG CREDIT CARD

 

  1. Base Reward Rate of Only 1%:

    The base reward rate is at 1%, which might be considered low, particularly for the Infinite variant, given its annual fee.

 

  1. No Renewal Benefit:

    Lack of renewal benefits from the second year, especially concerning for the Axis Samsung

 

 Infinite Credit Card with a substantial annual fee.

 

  1. High Fee Waiver Target:

    The annual fee waiver target of 7 lakhs is deemed excessively high, making it challenging for many users to qualify for fee waivers on a secondary credit card.

CONCLUSION ON AXIS SAMSUNG CREDIT CARD

Axis Samsung credit cards are characterized as fairly average, lacking compelling reasons for immediate application.

Consideration might be more prudent when planning to purchase Samsung products. The Axis Samsung Infinite Credit Card could be strategically used for the welcome bonus and subsequent discounts, with nonrenewal in subsequent years.

Video Credit: XY-AXIS EDUCATION

Axis Samsung credit cards offer a mix of positive and negative aspects. While the cards may not be exceptionally compelling, they can serve specific purposes for Samsung enthusiasts or those eyeing the welcome bonus for planned purchases.

Careful consideration of personal spending patterns and preferences is advised before deciding to apply.

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