Samsung Wallet Launches New Cash Back Experience With Rakuten and Samsung Cash

New experience helps eligible U.S. Galaxy users earn Cash Back from thousands of brands straight to their Samsung Cash Card

October 29, 2026

AI Summary

Samsung Wallet Perks, powered by Rakuten, gives eligible Galaxy users in the U.S. a new way to earn Cash Back and redeem it straight to their Samsung Cash Card within Samsung Wallet.

The experience offers Cash Back from more than 3,500 brands and over 25,000 in-store and dining partners, plus personalized deals.

The update advances Samsung Wallet as a more integrated everyday benefits platform, bringing rewards and payments together in a connected Samsung Galaxy experience.


PLANO, Texas – October 28, 2026 – Samsung Electronics America today announced Samsung Wallet Perks, powered by Rakuten, a new experience for eligible U.S. Galaxy users that makes it possible to earn Cash Back from thousands of brands straight to their Samsung Cash Card, all within Samsung Wallet.1

The updated experience is rolling out now to users and turns Samsung Wallet into a more integrated benefits platform, making it convenient for users to discover personalized offers and redeem eligible Cash Back into Samsung Cash for payments and transfers.

“Samsung Wallet is becoming an increasingly important part of how Galaxy users navigate their everyday lives,” said Woncheol Chai, EVP and Head of the Digital Wallet Team at the Mobile eXperience (MX) Business at Samsung Electronics. “The integration of Perks with Rakuten and Samsung Cash is another step in expanding what Wallet can do, bringing payments and rewards together in one convenient experience.”
 

New Ways to Discover and Earn Cash Back

Integrating Rakuten into the revamped Perks experience significantly expands the Cash Back opportunities available through Samsung Wallet, extending from online-only offers to a broader network of online, in-store, and dining offers. Eligible Galaxy users can earn and redeem Cash Back from Rakuten’s network of more than 3,500 brands and more than 25,000 in-store and dining partners straight to their Samsung Cash Card. Galaxy users will enjoy access to Cash Back offers from top brands across fashion, beauty, home, travel, entertainment and everyday essentials, including Sephora, Expedia, PetSmart, Gap Inc., Lands’ End, LEGO, and many more.

The new Samsung Perks may also surface relevant, personalized deals based on a user’s shopping activity, while a new Nearby feature can extend that discovery to the world around them, highlighting nearby participating restaurants and brands where users can earn Cash Back when they pay with a linked Wallet card.

“Smart shopping used to mean hunting for a deal before you buy. With Rakuten in Samsung Wallet Perks, members can discover deals and rewards right in their Wallet, during the moments that matter,” said Wendy Bergh, Chief Marketing Officer of Rakuten Rewards. “Whether they’re shopping online, grabbing dinner, booking travel, or picking up everyday essentials, shoppers can see the real value they’re earning on their next purchase.”
 

Cash Back Becomes Spendable With Samsung Cash Card

The Samsung Cash Card gives eligible users a new way to put the value they earn from their shopping and dining to use. Built directly into Samsung Wallet, Cash Back earned through Perks can be redeemed into Samsung Cash on the Samsung Cash Card, turning rewards into spendable money that can be used at checkout.

With the Samsung Cash Card, users can pay online and in stores, add funds, or send money. Instant transfers can be initiated by tapping an eligible user’s Galaxy device against an eligible recipient’s compatible mobile device or physical NFC-capable debit card. In addition, users can send Samsung Cash to eligible Samsung Wallet users anywhere in the U.S.
 

Bringing Rewards and Payments Together

By bringing Perks powered by Rakuten and Samsung Cash together in Samsung Wallet, users no longer have to move between different apps or services to find offers, and can track the rewards and access the value earned in one app. Cash Back redeems straight to your Samsung Cash Card to be used for future purchases, turning spending into ongoing rewards.

The result is a connected experience that brings greater Rewards and Cash Back opportunities closer to how Galaxy users already shop and pay, while creating a foundation for Samsung Wallet to deliver even more everyday value than before.


Availability

The new Samsung Perks and Samsung Cash experiences are rolling out now in the U.S. Availability, participating brands, Cash Back offers, Samsung Cash features and eligibility may vary. New Rakuten members start with an extra 10% Cash Back up to an extra $50, on qualifying purchases (Terms Apply), while all users will benefit from elevated Cash Back rates from Rakuten during the year's biggest shopping moments, including Cyber Monday and Black Friday deals. 
 

About Samsung Electronics America, Inc.

Headquartered in Plano, TX, Samsung Electronics America, Inc. (SEA), the U.S. Sales and Marketing subsidiary, is a leader in mobile technologies, consumer electronics, home appliances, enterprise solutions and networks systems. For more than four decades, Samsung has driven innovation, economic growth and workforce opportunity across the United States—investing over $100 billion and employing more than 20,000 people nationwide. By integrating our large portfolio of products, services and AI technology, we’re creating smarter, sustainable and more connected experiences that empower people to live better. SEA is a wholly owned subsidiary of Samsung Electronics Co., Ltd. To learn more, visit Samsung.com. For the latest news, visit news.samsung.com/us.






1 Samsung Wallet app requires a compatible smartphone with Android version 9.0 (PLE) or higher and Samsung account. Certain Samsung Cash features may require identity verification, a registered or verified Samsung Cash account and additional user information. See Samsung Wallet FAQ, Wallet Privacy Notice, and Wallet Terms of Service on Samsung.com for more information.

 

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