Samsung launches first US credit card with Barclays, signals ambitions for deeper financial services push

In 2024, it acquired ⁠the General ​Motors credit card business, which allows customers to earn ​and redeem reward points on new Buicks, Cadillacs and other GM cars, including electric vehicles.

Doug Villone, head of cards and partnerships at Barclays US Consumer Bank, said the digital card was aimed at creating a more seamless payments experience for customers, who increasingly manage finances through mobile devices ​rather than physical wallets.

The credit card launch also puts Samsung in direct competition with Apple ​Pay, which dominates payment services in the U.