None
EN
Samsung launches first US credit card with Barclays, signals ambitions for deeper financial services push
['Nupur Anand', 'Min Read']
Yahoo Finance - Business Finance, Stock Market, Quotes, News
The Samsung Galaxy Card, issued by Barclays and running on Visa's network, will allow users to apply, manage accounts, track spending and redeem rewards entirely through Samsung Wallet.
The card offers 5% cash back on Samsung purchases and additional rewards on Samsung Pay and other spending categories.
The credit card launch also puts Samsung in direct competition with Apple Pay, which dominates payment services in the U.S.
Barclays has also been trying to grow its card business.
In 2024, it acquired the General Motors credit card business, which allows customers to earn and redeem reward points on new Buicks, Cadillacs and other GM cars, including electric vehicles.