Samsung launches 1st co-branded credit card ahead of Galaxy Unpacked

Samsung Electronics unveiled its first co-branded credit card in the United States on Monday (local time), expanding its digital wallet ecosystem ahead of its Galaxy Unpacked event on Wednesday, where the company is expected to introduce its latest Galaxy devices.

The Samsung Galaxy Card, issued by Barclays U.S.

Consumer Bank on the Visa network, offers cash rewards on everyday purchases, with higher rewards for Samsung-related purchases.

Eligible customers can apply for the card beginning Tuesday, while general public applications will open on Wednesday, the same day Samsung is scheduled to hold its Galaxy Unpacked event.

The company said cardholders who spend $2,000 within the first 90 days of opening an account will receive $200 in bonus cash rewards.

The card offers 5 percent cash rewards on eligible Samsung purchases, 3 percent on purchases made through Samsung Wallet, 2 percent on select streaming services including Netflix, Disney+ and Spotify, and 1 percent on all other purchases.

Cardholders also receive a 20 percent discount on Samsung VIP Advantage memberships and can earn add ...