Samsung Launches Apple Card Competitor Starting in the UK

Samsung's answer to Apple Card, Samsung Pay Card, has launched in the UK.

Samsung has paired with Mastercard and fintech company "Curve" to power the new service. Curve allows users to link existing cards together and then decide which accounts should be used for different purchases. For reasons that are not entirely clear, existing Curve customers are ineligible to apply for Samsung Pay Card.

Samsung pay curve KV D 1440x768

Curve offers some unique features, such as the ability to "go back in time" on purchases. For example, if you buy something on your credit card, and later decide that the purchase should have been made on a different card, you have up to 90 days to switch the purchase.

"Now, more than ever, people need a secure payment solution they can rely on. We're excited to be able to put the control back into our customers' hands, by launching Samsung Pay Card," said Conor Pierce, Corporate Vice-President of Samsung UK and Ireland. "At Samsung we believe in the power of innovation and, through our partnership with Curve, the Samsung Pay Card brings a series of pioneering features that will change the way that our customers manage their spending, with their Samsung smartphone and smartwatch at the heart of it. This is the future of banking and we look forward to continuing this journey with our customers."

Samsung Pay Card offers five percent cashback on purchases from Samsung, and one percent cashback at other retailers. It also offers instant spend notifications and currency conversion at market rates when traveling abroad, which Samsung claims will be cheaper than the currency conversion fees at many high street banks.

Payments are protected by "Samsung Knox" security, a "multi-layered defense-grade" security solution. In the event of a smartphone loss, access to Samsung Pay Card can be instantly locked using another device from the Samsung ecosystem.

Although Samsung Pay Card cashback rates are lower than that of ‌Apple Card‌, it is important to understand that the UK credit market generally has much lower rates of cashback than the U.S. due to lower merchant fees. A one percent cashback rate could be considered quite competitive within the UK. For comparison, the American Express Platinum Cashback card offers only 0.5 percent; one of the highest cashback rates in the country.

Unlike ‌Apple Card‌, Samsung Pay Card does not offer a physical card. It is a purely digital service available via NFC on Samsung smartphones and smartwatches. Although contactless payments in the UK are usually capped at £45, a spokesperson for Curve said that there is no spending limit on Samsung Card Pay.

Samsung Pay Card is currently only available in the UK, but a rollout elsewhere is likely at a later date. ‌Apple Card‌ has not yet launched outside of the U.S., meaning that Samsung has a captive market in the UK.

Top Rated Comments

TheYayAreaLiving Avatar
13 months ago
LOL Samsung is always trying to be like Apple. Give it up Samsung. Stop copying Apple.
Score: 32 Votes (Like | Disagree)
paulypants Avatar
13 months ago
Samsung's product strategy: Just make whatever Apple makes.

Can't wait for Samsung Original Films.
Score: 31 Votes (Like | Disagree)
Apple Knowledge Navigator Avatar
13 months ago
Smallprint reads:

In effect of reaching your overdraft limit or use in any Apple Store, Samsung Card will spontaneously combust.
Score: 22 Votes (Like | Disagree)
scottfm Avatar
13 months ago
Great news if this means Apple might want to release the Apple Card in the UK sooner to compete.
Score: 14 Votes (Like | Disagree)
nylonsteel Avatar
13 months ago
aapl is samsung r and d department
Score: 14 Votes (Like | Disagree)
ButteryScrollin Avatar
13 months ago
lol 1% cash back? wow
Score: 12 Votes (Like | Disagree)

Top Stories

REC ASA CODE2016 20160601 205816 2745

Elon Musk Reportedly Demanded to Become Apple CEO as Part of Potential Tesla Acquisition [Update: Musk Denies]

Friday July 30, 2021 9:04 am PDT by
Tesla CEO Elon Musk reportedly once demanded that he be made Apple CEO in a brief discussion of a potential acquisition with Apple's current CEO, Tim Cook. The claim comes in a new book titled "Power Play: Tesla, Elon Musk and the Bet of the Century," as reviewed by The Los Angeles Times. According to the book, during a 2016 phone call between Musk and Cook that touched on the possibility of ...
General Apps Messages

Android iMessage Competitor Puts Pressure on Apple

Friday July 30, 2021 3:15 am PDT by
Google and the three major U.S. carriers, including Verizon, AT&T, and T-Mobile, will all support a new communications protocol on Android smartphones starting in 2022, a move that puts pressure on Apple to adopt a new cross-platform messaging standard and may present a challenge to iMessage. Verizon recently announced that it is planning to adopt Messages by Google as its default messaging...
iPhone 13 Always On Feature

iPhone 13 to Bring Over a Major Feature From the Apple Watch

Wednesday July 28, 2021 2:21 am PDT by
Apple's upcoming iPhone 13 lineup will feature an always-on display akin to the Apple Watch Series 5 and Series 6, according to recent reports. In his weekly Power On newsletter, Bloomberg journalist Mark Gurman, who often reveals accurate insights into Apple's plans, said that the iPhone 13 may feature an Apple Watch-inspired always-on mode. The Apple Watch Series 5 and Apple Watch...
duracell battery bitter coating

Apple Says Don't Buy AirTag Replacement Batteries With Bitter Coating

Wednesday July 28, 2021 11:08 am PDT by
Since AirTags were just released earlier this year and are expected to have a year-long battery life, it may be some time yet before AirTag users need a replacement battery, but when the time comes for a refresh, Apple is warning customers not to buy batteries with a bitter coating. AirTags use coin-shaped CR2032 batteries, which happen to be a size that's easy to swallow. Some battery...
a15 chip

iPhone 13 and Redesigned MacBook Pro Chip Production Hit With Gas Contamination

Friday July 30, 2021 5:44 am PDT by
The most important TSMC factory that manufactures Apple's chips destined for next-generation iPhone and Mac models has been hit by a gas contamination, according to Nikkei Asia. The factory, known as "Fab 18," is TSMC's most advanced chipmaking facility. TSMC is Apple's sole chip supplier, making all of the processors used in every Apple device with a custom silicon chip. Industry...
apple rtp land

Apple Preparing to Occupy 200,000 Square Feet of Temporary Space Ahead of New $1 Billion North Carolina Campus

Thursday July 29, 2021 9:14 am PDT by
Back in April, Apple announced a $430 billion investment over the next five years to create more than 20,000 new jobs as the company continues to expand. One significant piece of that plan is a new engineering and research center in North Carolina where Apple will be investing over $1 billion and hiring at least 3,000 employees. Assemblage of seven properties in Research Triangle Park owned by ...
Apple Leak Feature

Apple Demands Leaker Reveals Sources Under Threat of Being Reported to Police

Wednesday July 28, 2021 6:53 am PDT by
Apple has sent a cease and desist letter to a leaker based in China as part of its continuing attempts to curtail leaks of unreleased products, according to Vice. A Chinese citizen who shared images of stolen Apple prototypes on social media was sent a warning letter from Fangda Partners, Apple's law firm in China, on June 18, 2021. An extract from the letter read:You have disclosed without ...
macos monterey tidbits feature copy

Apple Releases New macOS 12 Monterey Public Beta

Wednesday July 28, 2021 10:19 am PDT by
Apple today seeded the third public beta of the macOS 12 Monterey beta to public beta testers, allowing non-developers to test the new macOS Monterey software ahead of its public release. The third beta comes two weeks after Apple released the second macOS Monterey public beta. Public beta testers can download the macOS 12 Monterey update from the Software Update section of the System...
iOS 15 General Feature Purple

Apple Releases New Public Betas of iOS 15, iPadOS 15, watchOS 8, and tvOS 15

Wednesday July 28, 2021 10:16 am PDT by
Apple today seeded the third betas of iOS and iPadOS 15 to public beta testers, allowing non-developers to download and test the new updates ahead of their fall release. The third public betas come two weeks after Apple released the second public betas. Public beta testers who have signed up for Apple's beta testing program can download the iOS and iPadOS 15 updates over the air after...
nothing ear 1 buds 1

Nothing 'Ear (1)' True Wireless Earbuds Launch to Take on AirPods Pro With ANC and Unusual Design for $99

Tuesday July 27, 2021 7:57 am PDT by
Nothing, a new brand from OnePlus founder Carl Pei, has today officially launched the "Ear (1)" true wireless earbuds after months of anticipation around the company's AirPods Pro rival. The Ear (1) features an in-ear design, Active Noise Cancelation, Bluetooth 5.2, IPX4 water resistance, and a charging case with Qi-compatible wireless charging and a USB-C port. Fast pairing is supported on...