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

Theyayarealivin Avatar
21 weeks ago
LOL Samsung is always trying to be like Apple. Give it up Samsung. Stop copying Apple.
Score: 32 Votes (Like | Disagree)
paulypants Avatar
21 weeks 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
21 weeks 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
21 weeks 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
21 weeks ago
aapl is samsung r and d department
Score: 14 Votes (Like | Disagree)
ButteryScrollin Avatar
21 weeks ago
lol 1% cash back? wow
Score: 12 Votes (Like | Disagree)

Top Stories

cook cbs this morning

CBS This Morning: Apple to Make 'Big Announcement' Tomorrow Morning

Tuesday January 12, 2021 8:46 am PST by
CBS This Morning today shared a short clip of an upcoming interview with Apple CEO Tim Cook in which addressing last week's events at the U.S. Capitol, with Cook saying "it's key that people be held accountable for it." Following the clip, Gayle King of CBS noted that the interview with Cook was not specifically arranged to address the current controversy over Parler and other repercussions, ...
ipad pro 2021 mysmartprice cad

Allegedly Leaked 2021 iPad Pro CAD Images Suggest Few Design Changes

Tuesday January 12, 2021 3:38 am PST by
Tech blogs 91mobile and MySmartPrice on Tuesday posted a series of allegedly leaked factory CAD images of Apple's upcoming fifth-generation 11-inch iPad Pro. Rumors suggest Apple plans to announce two new iPad Pro models in both 11-inch and 12.9-inch versions, and today's images offer perhaps the clearest indication yet that Apple's next-generation iPad Pros will have minimal, if any,...
lg ultrafine oled

CES 2021: LG Unveils First OLED UltraFine Monitor and 39.7" UltraWide 5K2K Monitor

Monday January 11, 2021 7:57 am PST by
LG has today announced the UltraFine Display OLED Pro with HDR individual pixel dimming, a 31.5-inch display, and over 8 million pixels, as well a new 39.7-inch UltraWide 5K2K monitor. The newest addition to LG's popular series of high-end UltraFine monitors features an OLED display that covers 99 percent of the DCI-P3 color space and 99 percent of the Adobe RGB color space. The display...
dell ultrasharp 40 5k2k

CES 2021: Dell Introduces 40-Inch 5K2K Ultrawide Monitor With Thunderbolt 3 Connectivity for Macs

Sunday January 10, 2021 9:21 am PST by
Dell this week unveiled a series of new monitors, and there is one in particular that stands out for Mac users: the UltraSharp 40 Curved WUHD Monitor. A recipient of a CES 2021 Innovation Award, the UltraSharp 40 or "U4021QW" is the world's first 40-inch ultrawide curved monitor with a 5120×2160 resolution, also known as 5K2K or WUHD. This is not a true 5K resolution and instead works out...
kensington studiodock

CES 2021: Kensington's New StudioDock Combines iPad Pro Docking Station With iPhone and AirPods Chargers

Monday January 11, 2021 7:19 am PST by
As part of the all-digital CES 2021, accessory maker Kensington today unveiled the StudioDock, an iPad Pro docking station that also includes built-in iPhone and AirPods wireless charging and an optional Apple Watch charger. A recipient of a CES 2021 Innovation Award, the StudioDock greatly expands an iPad Pro's connectivity options with three USB-A ports, one USB-C port, one HDMI 2.0 port,...
Apple and Hyundai feature

Apple and Hyundai to Sign Apple Car Deal by March With Production Beginning in 2024

Sunday January 10, 2021 11:22 am PST by
Apple and Hyundai will reach a partnership agreement for the upcoming Apple Car by March, according to a new report shared by Reuters, citing Korea IT News. Before being revised, the Korea IT News report said that the companies may either manufacture the electric vehicles at a Georgia factory owned by Kia Motors, a Hyundai Motor Group affiliate, or invest in a new facility in the United...
mac anti reflective coating issue

Apple's Anti-Reflective Coating Repair Program Still in Effect for Some MacBooks With New Mail-In Policy

Tuesday January 12, 2021 10:07 am PST by
In an internal memo obtained by MacRumors, Apple recently informed its network of Apple Authorized Service Providers that mail-in repair is now required for Mac notebooks with anti-reflective coating issues in the United States. The new policy went into effect January 4, 2021 and means that customers who take an eligible 12-inch MacBook or MacBook Pro exhibiting this issue to an Apple...
anker magnetic wireless pad

CES 2021: Anker Unveils New Magnetic Series Accessories, PowerWave Stand and More

Monday January 11, 2021 10:05 am PST by
Popular accessory maker Anker today unveiled a whole range of new products that will be coming out over the course of the next few months. There are a range of magnetic cases for the iPhone 12 that will work with MagSafe and non-MagSafe magnetic accessories, with the cases offering simple but protective designs. Anker's iPhone cases will come out in mid-January with prices ranging from...
AirPods Pro

New AirPods Pro and iPhone SE Rumored to Launch in April 2021

Saturday January 9, 2021 1:03 pm PST by
After sharing potential details about upcoming iPad mini, iPad, iPad Pro, and iPhone 13 models earlier this week, Japanese blog Mac Otakara now claims that Apple plans to release both second-generation AirPods Pro and a third-generation iPhone SE in April 2021, with the information once again coming from Chinese supplier sources. The report claims that the new AirPods Pro will come with a...
whatsapp wallpapers 1

WhatsApp Affirms User Privacy Following Backlash Over Data Sharing With Facebook

Tuesday January 12, 2021 6:39 am PST by
Following backlash after changing its terms and privacy policy to consolidate a significant amount of data sharing with Facebook, WhatsApp is now assuring users about the privacy measures built into its app. Last week, WhatsApp began informing users of updates to the app's terms of service and privacy policy. The updated agreements, which users must consent to in order to continue using...