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# Samsung launches its first US credit card with Barclays, its deepest move into finance yet

**[The Next Web](https://daily.dev/sources/tnw)** · 4 min read · 0 upvotes · 0 comments

## Summary

Samsung has launched its first US credit card, the Galaxy Card, issued by Barclays on Visa's network. The card lives entirely within Samsung Wallet and offers 5% cash back on Samsung purchases, 3% on Samsung Wallet payments, 2% on streaming services, and 1% elsewhere. There is no annual fee, and new cardholders can earn a $200 welcome bonus after spending $2,000 in 90 days. The move is a direct challenge to Apple Card, which offers 3% on Apple purchases and a smaller sign-up bonus. Samsung cites that roughly 70% of US households own at least one Samsung device, giving it a large potential customer base. The partnership with Barclays is described as long-term, with plans to explore additional financial products beyond the card. Applications open to the public on July 22, coinciding with Samsung's Galaxy Unpacked event.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://thenextweb.com/news/samsung-galaxy-card-barclays-launch>

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Tags: [#fintech](https://daily.dev/tags/fintech), [#samsung](https://daily.dev/tags/samsung), [#digital-payments](https://daily.dev/tags/digital-payments), [#digital-wallet](https://daily.dev/tags/digital-wallet)

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