Samsung Galaxy Card launches days before Unpacked

Not content with launching several foldables this week, Samsung is also releasing a new Galaxy credit card. The leaks missed this one, somehow.

In a press release on its website, Samsung announced the Galaxy Card, a new credit card on the Visa network. Starting Wednesday, the same day as the Galaxy Unpacked event in London, shoppers who apply for the card online or at any Samsung retail location in the U.S. can get $200 in cash rewards after spending $2,000 in the first 90 days of account opening.

In addition, Samsung says cardholders will “earn cash rewards on everyday purchases with increased cash rewards for purchases made from Samsung — including the latest devices.” The press release includes a picture of the new card alongside a flip phone, though it’s unclear if the pictured device is last year’s Z Flip 7 or this year’s rumored Z Flip 8.

According to Samsung, additional perks of the Galaxy Card include:

• 20 percent off Samsung VIP Advantage

• 5 percent cash rewards on direct Samsung purchases

• 3 percent rewards on Samsung Wallet purchases

• 2 percent rewards on streaming services

• 1 percent reward on all other purchases

So, yeah, if you need another credit card and you really like Samsung products, this is certainly an option. It’s timed well with the Galaxy Unpacked stream that’s set to happen on Wednesday. At Unpacked, Samsung is expected to announce at least three foldable devices and two smartwatches, so you could easily hit that “spend $2,000 within 90 days” number this week, if you felt like it.

Before the global memory crisis, Samsung was known for enticing pre-order mobile deals that let shoppers get cash back and double the storage at launch. If you prefer pre-order deals that don’t require a new line of credit, you’re out of luck thanks to RAMageddon.