Samsung India, Axis Bank Launch Co-branded Credit Card powered by Visa

Samsung India, Axis Bank Launch Co-branded Credit Card powered by Visa: The Samsung Axis Bank Credit Card is an exclusive co-branded credit card that Samsung and Axis Bank have launched. It is powered by Visa. Every time customers use the card to pay for goods and services from the electronics giant, the program, which was called “industry-leading” in a news release, is meant to reward them.

Samsung Axis Bank Credit Card

Samsung, India’s largest consumer electronics business, and Axis Bank, India’s third largest private sector bank, have collaborated to launch an exclusive Visa-powered co-branded credit card. Customers who use the Samsung Axis Bank Credit Card will receive 10% cashback on all Samsung products and services throughout the year. As an added bonus for customers, the 10% cashback offer via Samsung Axis Bank Credit Card will be in addition to existing Samsung discounts on both EMI and non-EMI transactions.

Specifications of the Samsung Axis Bank Credit Card

1. There are two versions of the card: Visa Signature and Visa Infinite. The two have maximum annual cashback of 10,000 and 20,000 respectively, while their monthly cashback caps are 2,500 and 5,000, respectively.
2. The annual charge for the Signature variant is $500, including taxes, while the annual fee for the Infinite variant is $5,000(plus taxes). On completion of the first three transactions, holders of Signature cards will receive 2,500 “Edge Reward Points” worth $500, while holders of Infinite cards would receive 30,000 points worth 6,000.
3. An individual can apply for the card through Samsung’s website, the company’s apps, and Axis Bank channels.

Advantages of a Samsung Axis Bank credit card

1. Customers will receive a 10% cashback on Samsung items in categories such as smartphones, tablets, laptops, TVs, refrigerators, air conditioners, and washing machines. The offer is also applicable to other services provided by the business, such as payments made to Service Centers, extended warranties, and Samsung Care+ mobile protection plans.
2. The 10% cashback will be in addition to any active offers on both EMI and non-EMI purchases. Furthermore, it will be given all year long.
3. The cashback is also available at authorized Samsung Service Centers, online at Samsung.com, Samsung Shop App, and Flipkart, as well as offline retailers selling Samsung items through Pine Labs and Benow payment interfaces.
4. No minimum transaction value is required. The offer is therefore valid for even the smallest purchases.
5. Access to airport lounges, fuel price waivers, meal deals, and a slew of other Axis Bank and Visa benefits are also available with the card.