I’ve had the opportunity to review numerous credit cards on the market. Today, I will share my in-depth analysis of the Axis Samsung Infinite and Signature Credit Cards.
These cards are co-branded by Axis Bank and Samsung, targeting customers who frequently purchase Samsung products.
I will discuss the key features, pros and cons, benefits, and suitability for different users. I will also compare each card’s features and benefits to confirm the best.
First, Let’s check the Benefits and charges of both Cards.
Axis Samsung Infinite vs. Signature Credit Card
| Feature/Benefit | Axis Samsung Infinite | Axis Samsung Signature |
|---|---|---|
| Joining Fee | Rs. 5000 + GST 18% | Rs. 500 + GST 18% |
| Annual Fee | Rs. 5000 + GST 18% | Rs. 500 + GST 18% |
| Cashback on Samsung Purchases | 10% (capped at Rs. 5000/month) | 10% (capped at IRs. 2500/month) |
| Edge Reward Points | 15 per Rs. 100 on select merchants | 10 per Rs. 100 on select merchants |
| International Spending Rewards | 15 per Rs. 100 spent | 5 per Rs. 100 spent |
| Base Reward Rate | 1% (5 Edge reward points per Rs. 100 spent) | 1% (5 Edge reward points per Rs. 100 spent) |
| Annual Fee Waiver Target | Rs. 7 lakhs spent in a year | Rs. 2 lakhs spent in a year |
Key Features:
- Both cards offer a 10% cashback on all Samsung purchases made through physical stores, Samsung website/app, Flipkart, and the Samsung service center.
- The Infinite card provides better reward points on select merchants (BigBasket, Tata1mg, Urban Company, Myntra, and Zomato) and international spending compared to the Signature card.
- The base reward rate for both cards is 1% (5 Edge reward points for every Rs. 100 spent).
- So, the Value of 1 rewards points is Rs.0.20.
Pros of Samsung Credit Cards
- Attractive cashback offers on Samsung purchases.
- Decent reward points for spending on select merchants and international transactions (especially for the Infinite card).
- Annual fee waiver targets give the incentive to spend more using the card.
Cons of Samsung Credit Cards
- High joining and annual fees, especially for the Infinite card.
- No renewal benefits from the second year onwards.
- The low base reward rate compared to other credit cards in the market.
- Limited appeal for those who are not Samsung enthusiasts.
5 Reasons to Apply for Axis Samsung Infinite Credit Card:
- High cashback on Samsung purchases: If you frequently buy Samsung products, this card offers a 10% cashback on such purchases, which can result in significant savings over time.
- Accelerated rewards on select merchants: The card provides 15 reward points for every Rs. 100 spent on BigBasket, Tata1mg, Urban Company, Myntra, and Zomato, giving you a 3% reward rate.
- International spend rewards: You get 15 reward points for every Rs. 100 spent on international transactions, which is a great benefit if you travel or frequently shop abroad.
- Complimentary lounge access: With 8 complimentary domestic lounge visits and 6 international lounge visits (through Priority Pass membership) per year, you can enjoy a comfortable traveling experience.
- Joining benefits: The card comes with 30k Edge Reward points and a 1-year EazyDiner Prime membership as joining benefits, providing added value.
5 Reasons Not to Apply for Axis Samsung Infinite Credit Card:
- High fees and waiver target: The card has an annual fee of Rs. 5000 + GST, and the fee waiver target requires annual spending of 7 lakhs, which might be difficult for some users to achieve.
- Low base reward rate: The base reward rate of 1% is relatively low compared to other cards available.
- No renewal benefits: The card offers no benefits upon renewal, which could be a downside for long-term users.
- Limited accelerated rewards: The accelerated rewards only apply to specific merchants, restricting the scope of earning higher rewards.
- Better alternatives: There may be other credit cards in the market offering more comprehensive rewards and benefits at a lower cost.
5 Reasons to Apply for Axis Samsung Signature Credit Card:
- Low fees and waiver target: The card has a lower annual fee of Rs. 500 + GST, and the fee waiver target requires annual spending of 2 lakhs, making it more accessible for a wider range of users.
- Cashback on Samsung purchases: Like the Infinite card, this card also offers a 10% cashback on Samsung purchases, which can result in significant savings over time.
- Accelerated rewards on select merchants: The card provides 10 reward points for every Rs.100 spent on BigBasket, Tata1mg, Urban Company, Myntra, and Zomato, giving you a 2% reward rate.
- Complimentary domestic lounge access: You get 4 complimentary domestic lounge visits per year, which can enhance your travel experience.
- Joining benefits: The card comes with 5k Edge Reward points as a joining benefit, providing added value.
5 Reasons Not to Apply for Axis Samsung Signature Credit Card:
- Low base reward rate: The base reward rate of 1% is relatively low compared to other cards available.
- No international lounge access: Unlike the Infinite card, this card does not offer complimentary international lounge access, which might be a downside for frequent international travelers.
- No renewal benefits: The card offers no benefits upon renewal, which could be a downside for long-term users.
- Limited accelerated rewards: The accelerated rewards only apply to specific merchants, restricting the scope of earning higher rewards.
- Better alternatives: There may be other credit cards in the market offering more comprehensive rewards and benefits at a similar or lower cost.
Suitability
- Best suited for Samsung aficionados who frequently purchase Samsung products and can take advantage of the cashback offers.
- Also suitable for those who make significant transactions with the select merchants and plan to use the card for international spending (more beneficial for Infinite cardholders).
Conclusion
After analyzing both cards, I believe they offer some decent benefits for Samsung enthusiasts and those who transact with select merchants.
However, the high joining and annual fees, low base reward rate, and lack of renewal benefits limit their overall appeal.
If you are a Samsung enthusiast and plan to make a significant Samsung product purchase in the next few months, applying for one of these cards might be worth considering to take advantage of the joining benefits and cashback offers.
Otherwise, I would recommend exploring other credit card options that offer more comprehensive rewards and benefits tailored to your specific needs and preferences.
