Axis Bank launches cashback credit card with Samsung

Tags: Economy/Finance

India's third largest private sector bank, Axis Bank has launched a co-branded cashback credit card with Samsung India on 26 September 2022.  Samsung is a South Korean Multinational company primarily engaged in the business of electronics and consumer durable goods.

The users of the credit card will receive 10% cashback on Samsung products over and above existing offers, on both equated monthly installments (EMI) and non-EMI transactions.

Axis Bank is the fourth largest issuer of credit cards in India. 

According to the RBI data as per the month of August 2022, the largest issuer of credit cards in India are HDFC Bank, followed by ICICI Bank, SBI.

Axis Bank 

It started its business as UTI bank in 1993. Its name was changed to Axis Bank in 2007.

Headquarters of Axis Bank : Mumbai, Maharashtra 

Managing Director and Chief Executive Officer : Amitabh Chaudhary. 

Tagline : Badhti Ka Naam Zindagi