| Description |
Charges |
| Joining Fee - Primary Card |
Rs.500/- |
| Joining fee – Add-on Card |
Waived |
| Annual fee – Primary Card |
Annual Fee: 500 2nd year onward
Annual fee waived off on annual spends greater than Rs. 2,00,000/-
Rent transactions ( MCC 6513 ) and wallet load transactions ( MCC 6540 ) will not be eligible for spends counted in availing annual fee waiver |
| Annual fee – Add-on Card |
Waived |
| Card replacement fee – Primary Card |
Rs.100/- |
| Card replacement fee – Add-on Card |
Rs.100/- |
| Cash Payment Fee |
INR 175 |
| Duplicate Statement fee |
Waived |
| Charge Slip Retrieval Fee or Copy Request Fee |
Waived |
| Mini statement SMS |
Waived |
| Outstation cheque fee |
Waived |
| Transaction Alert SMS |
Waived |
| Balance enquiry charges |
Waived |
| Finance charges (Retail purchases and cash) |
3.75% per month (55.55% per annum) |
| Late Payment Fees |
Nil if Total Payment Due is less than Rs. 500
Rs. 500 if total payment due is between Rs. 501 - Rs. 5,000
Rs. 750 if total payment due is between Rs. 5,001 - Rs. 10,000
Rs. 1200 if total payment due is greater than Rs.10,000
An additional INR 100 charge will be
levied if the 'Minimum Amount Due (MAD)' is not paid for two consecutive cycles and will
apply until the MAD is cleared.
|
| Cash withdrawal fees |
2.5% (Min. Rs. 500) of the cash amount |
| Over limit penalty |
2.5% of the over limit amount (Min Rs. 500) |
| Cheque return or dishonor fee or auto-debit reversal |
2% of the payment amount subject to minimum Rs. 500 |
| Foreign currency transaction fee |
3.5% of the transaction value |
| GST |
As per existing Government norms |
| Rent Transaction Fee |
Rent Transaction fee of 1% per transaction will be applicable on each rental transaction done on Samsung Axis Bank Signature Credit Card. GST will be applicable as notified by Government of India. The Rent transactions will be identified through Merchant Category Code 6513. |
| Dynamic Currency Conversion |
Dynamic Currency Conversion markup of 1.5% plus taxes will be applicable on Samsung Axis Bank Signature Credit Card for each International transaction performed in Indian currency at international location or transactions performed in Indian currency with merchants located in Indian but registered in foreign nation. |
| Edge Rewards Fees |
A redemption fee of INR 99 will apply per transaction on the EDGE REWARDS platform. A
fee of INR 199 will be charged per transaction for converting or transferring EDGE
REWARD Points to partner loyalty programs. |
| Transaction Fees |
A transaction fee of 1% will be applicable on education payments made via third-party apps. However, payments and transactions made directly through education institutional websites or their POS machines will not incur this fees.
Cumulative spends exceeding INR 10,000 on wallet loads, INR 50,000 on fuel, INR 25,000 on utilities, and INR 10,000 on online skill-based gaming platforms within a statement period will attract a 1% transaction fee.
|
