Samsung launches its own credit card service in India

Samsung India announced a credit card in partnership with Axis Bank. The company is offering 10% cashback on purchases, as well as other perks like reward points towards the financial institution, airport lounge access and a 1% fuel surcharge waiver.

The service is split into two tiers – Signature and Infinite. The first has a monthly cashback limit of INR2,500 or INR10,000 yearly, while the latter is set at INR5,000 and INR20,000. The deal is for all Samsung products – smartphones and smart wearables, laptops, TV sets, fridges, washing machines, microwaves and other…