M16S / Axis Bank / Samsung Axis Bank Signature Credit Card
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Samsung Axis Bank Signature Credit Card
The Samsung Axis Bank Signature Credit Card costs Rs 500 a year, waived if you spend Rs 2,00,000 in a year. Its base return is 1%. The forex markup is 3.5%. Lounge visits in India: 4 per calendar year at select domestic airports. Read from the issuer's documents and an aggregator on 12 Oct 2026.
- Annual fee
- Rs 500+ GST
- Fee waived at
- Rs 2,00,000annual spend
- Base return
- 1%
- Forex markup
- 3.5%
- Interest
- 3.75%a month
Apply on axis.bank.inOpens the bank’s own page.
Fees
| Joining fee | Rs 500 |
|---|---|
| Annual fee | Rs 500 |
| Annual spend that waives the fee | Rs 2,00,000 |
| Fee notes | Joining fee Rs 500; annual fee Rs 500 from year 2, waived on annual spend above Rs 2 lakh (issuer page). Add-on card Rs 100. |
Rewards
| Welcome benefit | 2,500 EDGE RP (issuer value chart: Rs 500) on 3 transactions within 30 days of issuance |
|---|---|
| Reward currency | Cashback + EDGE Reward Points |
| Base earn | 5 EDGE RP per Rs 100 on all other domestic and international transactions |
| Base return | 1% |
| Point value | Rs 0.20 per point |
| Accelerated earn | 10% cashback on Samsung purchases (including EMI transactions); 10 EDGE RP per Rs 100 at preferred partners BigBasket, Tata 1mg, Urban Company, Myntra, Zomato |
| Caps | Samsung cashback capped at Rs 2,500 a month and Rs 10,000 a year |
| Spends that earn nothingunverified | Fuel, cash, jewellery, insurance, education, rent, non-Samsung EMIs |
| Points expiry | 3 years from earning; all points also lapse after 365 days with no earn, redemption or login (EDGE Rewards T&C) |
| Reward notes | base_return_pct = 5 points per Rs 100 x Rs 0.20 = 1.0% (issuer value chart shows 1% on other spends). Redemption fee Rs 99 per transaction on EDGE REWARDS; Rs 199 per transfer to partner programmes (issuer page). |
Travel and perks
| Domestic lounge | 4 per calendar year at select domestic airports |
|---|---|
| International lounge | None |
| Lounge conditions | Needs Rs 50,000 eligible spend in previous 3 months (from 1 May 2024, issuer page); waived in issuance month + next 3 months; guests paid |
| Forex markup | 3.5% |
| Fuel surcharge waiver | 1% waiver up to Rs 500 per statement; page states the transaction band as Rs 400-5,000 in the summary and Rs 400-4,000 in the detail |
| Other freebies | Dining Delights 15% off up to Rs 500 once a month at 4,000+ partner restaurants (min order Rs 2,500); Wednesday offers |
Charges and eligibility
| Interest per month | 3.75% |
|---|---|
| Late payment fee | Nil up to Rs 500 due; Rs 500 (501-5,000); Rs 750 (5,001-10,000); Rs 1,200 (10,001-50,000); Rs 1,300 above 50,000; plus Rs 100 per cycle if minimum due is missed two cycles running |
| Cash advance fee | 2.5% of amount, min Rs 500 |
| Eligibility | Age 18-70; resident of India. No income figure published. |
| Fine-print notes | Product page read 2026-10-12 is live and takes applications (the Infinite page redirects applicants to this card). It confirms fees, waiver, cashback caps, earn rates, lounge, 3.5% forex and 3.75% interest. The page does not list reward exclusions or name the network. Conflicts resolved from issuer page read 2026-10-12: fuel_surcharge_waiver: old (aggregator) 'Rs 400-5,000, no cap stated' -> issuer page gives a Rs 500 per statement cap and is internally inconsistent on the band (Rs 400-5,000 vs Rs 400-4,000) |
Questions
- What is the annual fee of the Samsung Axis Bank Signature Credit Card?
- Rs 500 a year, before GST. It is waived if you spend Rs 2,00,000 in a year.
- Does the Samsung Axis Bank Signature Credit Card give airport lounge access?
- Yes. In India: 4 per calendar year at select domestic airports. Outside India: none listed. Conditions: Needs Rs 50,000 eligible spend in previous 3 months (from 1 May 2024, issuer page); waived in issuance month + next 3 months; guests paid
- What is the forex markup on the Samsung Axis Bank Signature Credit Card?
- 3.5% of each foreign-currency transaction, before GST.
- Which spends earn no rewards on the Samsung Axis Bank Signature Credit Card?
- Fuel, cash, jewellery, insurance, education, rent, non-Samsung EMIs