Samsung confirms rewards and pricing for new Galaxy Card
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Samsung has confirmed pricing and reward details for its new Galaxy Card, a credit card launching on 22 July alongside the company's Unpacked event. Rather than showcasing new hardware, the card is designed to reward customers for spending directly with Samsung, and its launch timing means Unpacked's product announcements should give cardholders immediate opportunities to earn cash back. Samsung joins other technology firms, including Apple and Amazon, in offering a branded credit card.
Cardholders earn five percent cash back on eligible direct Samsung purchases, three percent via Samsung Wallet, two percent on streaming subscriptions and one percent on everything else, plus a 20 percent discount on the VIP Advantage warranty scheme. New applicants can also earn a $200 bonus by spending $2,000 within 90 days of opening an account, and Samsung notes that a $1,500 Galaxy Z Fold 7 purchase would itself yield $75 in rewards. The card became available from 22 July, applicable online or in Samsung retail stores.
- Samsung launches Galaxy Card with cash back on its products
- Five percent back on direct Samsung purchases, one percent elsewhere
- $200 bonus for spending $2,000 in first 90 days
- Card launched 22 July alongside Samsung's Unpacked event
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Samsung has introduced the Galaxy Card, a credit card issued in partnership with a bank and aimed at people who regularly buy Samsung products. It works like a standard rewards credit card, giving cash back on purchases, but the rates are highest when spent directly with Samsung, encouraging cardholders to keep buying from the company. It launches on 22 July, the same day as Samsung's Unpacked event, where the firm typically reveals new phones and other devices.
The card is part of a wider trend of technology companies launching their own branded financial products, following similar moves by Apple and Amazon. Rather than a new gadget, it represents Samsung extending its business into everyday spending and loyalty schemes, tying customers more closely to its ecosystem of products and services.
The timing alongside Unpacked matters because any new devices announced there would qualify for the card's rewards, giving Samsung a way to link its hardware launches with an ongoing financial incentive for shoppers to keep returning to its stores.
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Originally published by Engadget as “Samsung just unveiled a Galaxy credit card ahead of Unpacked”.