Samsung, Axis Bank launch co-branded credit card; get 10% cashback on products and services

The card, powered by Visa, has been named the Samsung Axis Bank Credit Card.

Published on: Sep 26, 2022, 19:13:37 IST

By HT News Desk, New Delhi

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Samsung and Axis Bank have collaborated to launch an exclusive co-branded credit card, powered by Visa, and named it the Samsung Axis Bank Credit Card. The initiative, described in a press release as ‘industry-leading,’ is designed to reward consumers every time they use the card to buy the electronics giant's product and services.

Benefits of Samsung Axis Bank Credit Card

(1.) Customers will get 10% cashback on Samsung products in segments like smartphones, tablets, laptops, TVs, refrigerators, ACs and washing machines. The offer is also applicable on the company's services such as Service Centre payments, Samsung Care+ mobile protection plans and extended warranties.

(2.) The 10% cashback will be over and above the ongoing offers on both EMI/Non-EMI purchases. Also, it will be available throughout the year.

(3.) Additionally, the cashback will be valid across offline channels selling Samsung products through Pine Labs and Benow payment interfaces, as well as online (Samsung.com, Samsung Shop App and Flipkart), and at authorised Samsung Service Centres.

(4.) There is no minimum transaction value. This means that the offer can be availed on the smallest of purchases.

(5.) With the card, you can also enjoy access to airport lounges, fuel surcharge waiver, dining offers, and a host of offers from Axis Bank and Visa.

Features of Samsung Axis Bank Credit Card

(1.) The card comes in two variants: Visa Signature and Visa Infinite. The annual cashback on the two is up to ₹10,000 and ₹20,000 respectively, while the respective monthly cashback limits are ₹2,500 and ₹5,000.

(2.) The annual fee for the Signature variant is ₹500 (plus taxes) while that of the Infinite variant is ₹5,000 (plus taxes). On completion of first 3 transactions, Signature cardholders will get ₹2,500 ‘Edge Reward Points’ worth ₹500, while Infinite card holders will get 30,000 points worth ₹6,000.

(3.) You can apply for the card on Samsung's website, through the comapny's apps, and also via Axis Bank channels.

ABOUT THE AUTHOR
HT News Desk
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More

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