Samsung launches its first-ever credit card in the US

Samsung Electronics has introduced its first-ever credit card, giving customers a new financing option.

Currently available in the United States, the Samsung Galaxy Card is issued by Barclays US Consumer Bank on the Visa network. Applications opened on Wednesday, July 22, 2026.

The Samsung Galaxy Card is available as both a virtual card and a premium metal physical card featuring a black Samsung logo.

Cardholders can earn cash rewards and other perks, including:

• 5% cash rewards on eligible purchases made directly with Samsung

• 3% cash rewards on purchases made with Samsung Wallet

• 2% cash rewards on streaming services, like Netflix, Disney+, and Spotify

• 1% cash rewards on all other purchases

• 20% off Samsung VIP Advantage, plus earn 5% cash rewards when purchasing or renewing a Samsung VIP Advantage membership.

“Users are busy, they need a credit card that simplifies their life and offers them real value — Samsung Galaxy Card does both," said Woncheol Chai, executive vice president and head of the digital wallet team at the Mobile eXperience (MX) Business at Samsung Electronics.

"By bringing together Samsung’s innovation, Barclays’ co-brand capabilities, and Visa’s trusted network, Samsung Galaxy Card delivers a connected experience that helps consumers earn rewards while providing the security and acceptance needed to support commerce wherever they choose to shop," added Kirk Stuart, senior vice president and head of North America Enablers, Merchants and Fintechs at Visa.

On July 7, Samsung Electronics forecast a 19-fold jump in second-quarter operating profit from a year earlier, surpassing its combined earnings over the past three years as it rides an AI boom that has driven up memory prices.

The world's largest memory chipmaker estimated April-June operating profit at 89.4 trillion won ($58.44 billion), beating an LSEG SmartEstimate of 87.3 trillion won, according to a regulatory filing. It reported a profit of 4.7 trillion won a year earlier.

Revenue would likely rise 129% to 171 trillion won from a year earlier, it said.

Memory prices continued to climb during the quarter as AI spending broadened beyond high-bandwidth memory (HBM) into conventional DRAM and NAND products.

Samsung's profit surged even as it set aside funds for sizeable bonuses to its semiconductor workers, as agreed in a wage deal in May linking their pay to operating profit. —with a report from Reuters/VBL, GMA News