The Galaxy Card Is Samsung’s Answer to the Apple Card
Samsung has launched the Galaxy Card, a credit card issued by Barclays that offers rewards for Samsung ecosystem purchases and general spending. While it integrates with Samsung Wallet, the card is available to non-Samsung users, though they lose access to specific digital perks.
Why it matters
The launch represents Samsung's attempt to deepen consumer loyalty and compete directly with the Apple Card in the fintech space.
The Galaxy Card is issued by Barclays on the Visa network; the Apple Card, originally issued by Goldman Sachs but now transitioning to Chase, is on the MasterCard network. There is a physical card—it's not made of titanium but recycled steel. The virtual card will be provisioned to a user's Samsung Wallet account.
With no annual fee, Samsung says cardmembers can earn 5 percent cash rewards on all in-store or online purchases made directly from Samsung in the US, 3 percent cash rewards on purchases made with the Galaxy Card using Samsung Wallet, 2 percent cash rewards on streaming service subscriptions, and 1 percent cash rewards on everything else with the physical card. The cash rewards can be redeemed as a statement credit or transferred to a checking or savings account.
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