Samsung Unveils Virtual Cash‑Back Card in Wallet, Partnering with Rakuten

Samsung Wallet Gets a New Cash‑Back Feature

Samsung has announced a Cash Card, a virtual account that tracks cash‑back earned on select purchases. The card is distinct from the Galaxy Card credit card launched earlier this year.

How It Works

• Earn 10% cash‑back on qualifying transactions; rates may vary throughout the year.
• Cash‑back is added to the Samsung Cash Card, visible as a virtual card in Samsung Wallet.
• The balance can be used for online or in‑store payments.
• Users can send money to and from other Samsung Wallet accounts; tapping another Galaxy or Android device initiates an instant transfer.

Rakuten Partnership

Samsung partners with Rakuten to provide a constantly updated catalog of deals via a “Nearby” feature in the Wallet. The catalog includes:

• Over 3,500 brands
• More than 25,000 in‑store and dining options

Availability

The virtual Cash Card and Rakuten deals are rolling out now in the US.

Practical Implications

• Existing Wallet users can start earning cash‑back immediately.
• The feature offers a new payment method branded with Samsung.
• Users can verify the card by opening Samsung Wallet and looking for the new virtual card.

Verification

• Check the official Samsung Wallet app for the Cash Card.
• Look for the “Cash Card” label and the Rakuten deals section.
• Confirm the 10% cash‑back rate in the app’s terms.

Summary

Samsung’s new Cash Card provides a virtual cash‑back account tied to Rakuten deals, offering users a convenient way to earn and spend rewards directly from Samsung Wallet.