SAMSUNG IS WORKING WITH AXIS BANK TO LAUNCH SAMSUNG CREDIT CARD

SAMSUNG CREDIT CARD :Axis Bank, India’s third-biggest private sector bank, and Samsung, the country’s largest consumer electronics manufacturer, have teamed together to introduce an exclusive co-branded credit card powered by Visa All year long, customers who pay with a Samsung Axis Bank Credit Card will enjoy 10% cashback on all Samsung products and services. The 10% cashback offer through the Samsung Axis Bank Credit Card will be in addition to the present Samsung discounts on both EMI and non-EMI transactions, which will further please customers..

At Samsung, we think the power of innovation can significantly improve the lives of our customers. The important India-specific innovation we will soon release is the Samsung Axis Bank Credit Card, powered by Visa. With several market-leading features, it will transform how customers purchase Samsung goods and spend money on services We’re excited about being able to empower our customers, said Ken Kang, president and CEO of Samsung South-West Asia.

Axis Bank offers a broad range of cards and payment services, and we are committed to fostering partnerships that are driven by innovation. . Our objective is to give clients seamless experiences and product choices that satisfy their shifting needs. “Through this co-branded credit card, in conjunction with Samsung India and Visa, we are underlining our commitment to drive access to formal credit in India,” said Amitabh Chaudhry, MD and CEO of Axis Bank. We are utilising Samsung India’s broad network, which goes beyond the top 10 cities and supports our goal of card penetration into tier 2 and tier 3 cities.

Today’s consumers compare prices before making any kind of purchase. A minimum of one electronic appliance or item is purchased by three out of every four Indian consumers, who spend about INR 40.000 on electronics each year. “We are happy to partner with Samsung and Axis Bank to establish a credit card with a compelling concept and outstanding value on home appliances as well as lifestyle goods,” said Sandeep Ghosh, Group Country Manager for Visa in India and South Asia.

The Samsung Axis Bank Credit Card is an innovative program that rewards customers each time they use their card to purchase Samsung goods and services. When consumers buy products like smartphones, tablets, laptops, televisions, refrigerators, air conditioners, washing machines, or Samsung services like Service Center payments, Samsung Care+ mobile protection plans, and extended warranties, they will receive 10% cashback.

The Samsung Axis Bank Credit Card’s 10% cashback will be in addition to any current promotions on both EMI and non-EMI purchases. The 10% cashback will be valid at authorized Samsung Service Centers and online on Samsung.com, Samsung Shop App, and Flipkart, as well as offline channels selling Samsung items through Pine Labs and Benow payment interfaces. The Samsung Axis Bank Credit Card’s 10% cashback benefit will be available all year long, heightening the anticipation.

Credit card options from Samsung Axis Bank and their product offering

The two options available to customers are Visa Signature and Visa Infinite. With a monthly cashback cap of INR 2500 on the Signature variation, cardholders may receive up to INR 10,000 in cashback every year. With the Infinite option, cardholders can receive up to INR 20,000 in cashback each year, with a maximum of INR 5,000 per month. Due to the lack of a minimum transaction amount, users can receive 10% cashback on even the most minor Samsung purchases. Additionally, purchases made outside the Samsung Ecosystem will earn cardholders Edge Reward Points.

With customer trends and preferences in mind, Samsung India and Axis Bank have teamed up with the top companies in the sector to provide cardholders accelerated rewards on regular purchases made at necessary partner merchants, including BigBasket, Myntra, Tata 1mg, Urban Company, and Zomato.

Additionally, the Samsung Axis Bank Credit Card enables free access to airport lounges, a remission of fuel surcharges, meal discounts, and access to various incentives from Axis Bank and Visa.

Fees for and benefits offered by the Samsung Axis Bank credit card, as well as how to apply

Both the Signature and Infinite variants have annual fees of INR 5000 + taxes and INR 500 + taxes, respectively. Cardholders will receive a welcome bonus of Edge Reward points using the first three purchases made with each variant’s card. As a one-time welcome benefit, Signature variant cardholders will receive 2500 points worth INR 500, and Infinite variation cardholders will receive 30000 points worth INR 6000. Through the website for the Samsung Axis Bank Credit Card, customers can apply for the card.

On the specific microsite, located at samsung.com/in/samsung-card, customers can express interest in the Samsung Axis Bank Credit Card. Applications will soon be available.

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