Samsung has just announced the release of a new debit and credit card service in Russia in collaboration with Tinkoff and Mastercard. It comes with various benefits, especially for Samsung customers who can take advantage of discounts of 20%-to-45% when purchasing Samsung products including smartphones, laptops, TVs, and home appliances.

The 20%-to-45% discounts become available after purchasing products with a combined value of at least 30,000 rubles ($394) per month for three months. In addition to this offer, Samsung credit / debit card holders will take advantage of 3% cashback with bonuses for every 100 rubles spend at an official Samsung store, online or offline.

The co-branded credit / debit card will be available in physical and digital format. The cost of servicing is 0 rubles for accounts with a balance of at least 50,000 rubles ($658), otherwise, a monthly fee of 99 rubles ($1.30) applies.

Samsung fans in Russia can visit Samsung’s dedicated webpage and apply for the co-branded card. Customers will then have to wait for the approval process to conclude, after which a bank representative will deliver the card to the customer for free, within 1-3 days. Existing Tinkoff clients will have the option of adding the card to their e-wallet upon approval without having to meet with the representative.

For 10 years Samsung has remained the favorite brand of Russians, said Olga Chechetkina, head of Samsung Pay at Samsung Electronics. Thanks to the partnership with Tinkoff and Mastercard, we were able to express our gratitude to users for their loyalty to the company by offering them a Samsung card with unique conditions.