Are you using Samsung Pay with your Samsung Galaxy smartphone? Then we have some good news for you. Samsung has just announced a new reward program called Samsung Rewards.

So it goes like this. The more you use Samsung Pay in retail locations or online, the more points you acquire which can then be turned into nice prizes consisting in Samsung products, prepaid credit cards, gift cards and such.

What’s more if the credit card you’re using has its own reward system, you’ll be able to double the points added to your account with every purchase.

samsung-rewards-in-samsung-pay-appSamsung is kicking the rewards program in big style, by announcing it’s also awarding “Instant Win” prizes. The first includes trips to Napa Valley and Las Vegas, so get your Samsung phones out, shoppers!

The Samsung Rewards system has four levels: Entry Level, Silver, Gold and Platinum. Entry Level means you have purchased via Samsung pay 0-5 times which awards customers 10 points/transaction. Use Samsung Pay for 6-20 transactions / month and you get Silver or twice the points on every transaction.

samsung-pay-liveIf you manage to take the number of transactions up to 30 or more, you’ll be granted Gold status and your points will triple with every purchase. To make it to Platinum you need to log in at least 31 monthly transactions, which multiplies your points four times times on every purchase.

How to set up Samsung Pay and add a credit card on your latest Galaxy device

Samsung also says users signing up for Samsung Rewards in November and December will be able to earn twice as many points for the purchases during these months. Samsung knows the holiday shopping spree (including Black Friday) is coming right up, so the rewards program couldn’t have landed at a better time.

The new Samsung Pay loyalty program goes live in the US later this week. The Korean tech giant warns us it Samsung Rewards will be coming to other Samsung services as well.

Samsung recently announced it was expanding Samsung Pay to new territories like Russia, Malaysia and Thailand. The Korean tech giant also updated the service with Capital One support and by adding a few neat feats, like allowing users to store their membership and loyalty cards.

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