Samsung's new credit cards give Indian consumers 10% cashback on all products

Customers can choose between two Samsung-branded credit cards: Visa Signature and Visa Infinite. The Visa Signature credit card gives users access to up to INR 10,000 cashback annually and a monthly cashback limit of INR 2,500, while the Visa Infinite gets users up to INR 20,000 annual cashback and a monthly limit of INR 5,000. There is no minimum limit on the purchase value, which means that users can buy even the smallest things and get cashback on them.

On purchases made outside of the Samsung ecosystem, card users can get Edge Reward Points. Axis Bank, Samsung, and Visa have collaborated with big brands like BigBasket, Myntra, Tata 1mg, Urban Company, and Zomato to offer accelerated rewards to Samsung credit card users.

Samsung Visa Signature card comes with an annual fee of INR 500, while the Samsung Visa Infinite card has an annual fee of INR 5,000. On completing the first three transactions with the cards, the Visa Signature card users get 2,500 reward points worth INR 5,000, while Visa Infinite users get 30,000 reward points worth INR 6,000. Interested consumers can apply for these Samsung credit cards by clicking here.

Ken Kang, President and CEO, Samsung South-West Asia, said, “At Samsung, we believe in transforming the lives of our consumers through the power of innovation. The Samsung Axis Bank Credit Card, powered by Visa, is our next big India-specific innovation that will change the way our customers buy Samsung products and spend on services through a series of industry-leading features. We’re excited to be able to put the control into our consumers’ hands.”