Axis bank samsung co branded credit card launched

[TechnoFinoTechnoFino is verified member.]

Axis bank launched 2 Co branded credit card with samsung.
Samsung Axis Bank Signature Credit Card
Samsung Axis Bank Infinite Credit Card


Samsung Axis Bank Signature Credit Card Benefits-

Welcome benefit-
2500 EDGE Points after completing 3 transactions within fiest 30 days.

Main benefits-
Domestic airport lounge access- 4 per calender year.

Reward system-
10% Cashback on Samsung purchases
Maximum cashback- Rs. 2500 per month & maximum Rs 10,000 per year.
Earn 10 EDGE Points for every 100 rs spent on bigbasket, 1mg,urbancompany, myntra and zomato.
Earn 5 EDGE Points for every 100 rs spent on all other categories.

Fees-
Annual fees- Rs. 500 + GST
Waiver Criteria- spned 2L in a year and get annual fees waiver.

Official link- https://www.axisbank.com/retail/cards/credit-card/samsung-axis-bank-signature-credit-card

Samsung Axis Bank Infinite Credit Card-

Welcome benefit-

30000 EDGE Points after completing 3 transactions within fiest 30 days.


Main benefits-

Domestic airport lounge access- 8 per calender year.
1 year eazydiner prime membership

Reward system-

10% Cashback on Samsung purchases

Maximum cashback- Rs. 5000 per month & maximum Rs 20,000 per year.

Earn 15 EDGE Points for every 100 rs spent on bigbasket, 1mg,urbancompany, myntra and zomato.

Earn 5 EDGE Points for every 100 rs spent on all other categories.

Fees-

Annual fees- Rs. 5000 + GST

Waiver Criteria- spned 7L in a year and get annual fees waiver.

Official link - https://www.axisbank.com/retail/cards/credit-card/samsung-axis-bank-infinite-credit-card

 

[bhavyegoelbhavyegoel is verified member.]

Looks useless IMO

Axis bank launched 2 Co branded credit card with samsung.
Samsung Axis Bank Signature Credit Card
Samsung Axis Bank Infinite Credit Card
View attachment 5179

Samsung Axis Bank Signature Credit Card Benefits-

Welcome benefit-
2500 EDGE Points after completing 3 transactions within fiest 30 days.

Main benefits-
Domestic airport lounge access- 4 per calender year.

Reward system-
10% Cashback on Samsung purchases
Maximum cashback- Rs. 2500 per month & maximum Rs 10,000 per year.
Earn 10 EDGE Points for every 100 rs spent on bigbasket, 1mg,urbancompany, myntra and zomato.
Earn 5 EDGE Points for every 100 rs spent on all other categories.

Fees-
Annual fees- Rs. 500 + GST
Waiver Criteria- spned 2L in a year and get annual fees waiver.

Official link- https://www.axisbank.com/retail/cards/credit-card/samsung-axis-bank-signature-credit-card

Samsung Axis Bank Infinite Credit Card-

Welcome benefit-

30000 EDGE Points after completing 3 transactions within fiest 30 days.


Main benefits-

Domestic airport lounge access- 8 per calender year.
1 year eazydiner prime membership

Reward system-

10% Cashback on Samsung purchases

Maximum cashback- Rs. 5000 per month & maximum Rs 20,000 per year.

Earn 15 EDGE Points for every 100 rs spent on bigbasket, 1mg,urbancompany, myntra and zomato.

Earn 5 EDGE Points for every 100 rs spent on all other categories.

Fees-

Annual fees- Rs. 5000 + GST

Waiver Criteria- spned 7L in a year and get annual fees waiver.

Official link - https://www.axisbank.com/retail/cards/credit-card/samsung-axis-bank-infinite-credit-card

 

[SunnyM]

Axis Bank stock today after launch of these cards.
😅

 

[gabu]

I know its little early but still what is the mile transfer rate of this card from edge?

 

[Deleted member 5552]

Axis Bank stock today after launch of these cards.
😅
View attachment 5183

😀🤣🤪😜

 

[ns130393]

I know its little early but still what is the mile transfer rate of this card from edge?

Nothing mentioned yet on whether there will be ability to transfer miles or not from all I’ve read so far!

 

[TechnoFinoTechnoFino is verified member.]

I know its little early but still what is the mile transfer rate of this card from edge?

10:1 rate... same like select/privilege credit card

 

[colorful_slate]

Samsung Axis Bank Credit Card - Get Exclusive Benefits | Samsung India

Samsung Axis Bank Credit Card, get 10% cashbacks across Samsung products & services. Get rewarded the instance you join. Know more here.

www.samsung.com

 

[gurbina]

I have heard that there's no such thing as different pools of Edge Rewards points. It's the same bucket, so as long as you have an HNI card like Magnus, Reserve, Private you get 5:4 transferring rates regardless of from where those points were earned.
Can someone confirm?
That's a very cheap 24k miles, just for context:
PNQ-SIN OW 16K points in Vistara.
Lots of routes within 3.5-5K points OW on Vistara.
Star Alliance (United) most domestic destinations are ~7k miles OW on AI metal.

 

[Akshay9512]

I have heard that there's no such thing as different pools of Edge Rewards points. It's the same bucket, so as long as you have an HNI card like Magnus, Reserve, Private you get 5:4 transferring rates regardless of from where those points were earned.
Can someone confirm?
That's a very cheap 24k miles, just for context:
PNQ-SIN OW 16K points in Vistara.
Lots of routes within 3.5-5K points OW on Vistara.
Star Alliance (United) most domestic destinations are ~7k miles OW on AI metal.

It is true. I have myself ordered Privilege Credit card. Payed 1500+Gst, made 3 transactions, and received 12500 Edge reward points. Converted to Vistara got 10k CV points. Booked my two way Mumbai to Delhi Flight. Have closed my Privilege card now.

I have Magnus, hence my conversion ratio for all edge points is 5:4 for airmiles and hotels.

 

[Arpit Kumar Wadhwa]

How is the cashback calculate in case of EMI Transactions? On the official site it is written that the 10% cashback is applicable on EMI transactions as well.

But there is a monthly cap of Rs 2500 per month.

So, suppose I purchase a phone for Rs 80,000 on EMI and I am paying an EMI of Rs 10,000 every month, will I get Rs 1000 cashback every month and in total Rs 8,000 cashback? Or will I get only Rs 2500 cashback?

 

[pratyush]

does anyone have Axis Samsung credit card? how did you apply?

 

[harshk]

Hi can anyone confirm if the reward rate mentioned is for ER/per transaction of multiple of 100. I usually see Axis card work on multiple of INR 200. Is this a typo?

 

[tdot]

Hi can anyone confirm if the reward rate mentioned is for ER/per transaction of multiple of 100. I usually see Axis card work on multiple of INR 200. Is this a typo?

Not a typo it’s 5 ER per Rs 100 for normal spend other than international and partner trx where its 15 ER for every 100 spent

 

[harshk]

Not a typo it’s 5 ER per Rs 100 for normal spend other than international and partner trx where its 15 ER for every 100 spent

Does that mean the ER reward rate is equivalent to Reserve for International transactions? I am aware of the difference in conversion ratios between the 2 cards.

 

[tdot]

Does that mean the ER reward rate is equivalent to Reserve for International transactions? I am aware of the difference in conversion ratios between the 2 cards.

Reserve has reduced forex mark up fee whereas it’s 3.5% for Samsung infinite but yea it’s not that bad compared to the annual fee which is 1/10th of Reserve

 

[Teja Bhai]

Are there any renewal benefits?
( after paying rs 5000 for infinite variant from 2nd year )