Samsung are offering 2 years interest free credit on orders over £249. The credit is offered by PayPal credit
It is also 24 equal payments so no balloon payment at the end or have to remember to pay off or incur penalties etc
The credit is subject to status but apparently PayPal credit can still ge obtained with credit issues but will depend on individual circumstances of course
I think it's pretty good if you want to grab some Samsung gear in the Sales and spread the cost very easily over 24 months without too much hassle
Also offering Free next day delivery on orders placed before 7pm
Top comments
robodan918 to Stevie Badman
2 Jan 1742#11
Wouldn't that make it... hot?
spannerzone
2 Jan 1727#9
If you're buying direct from Samsung then check their prices vs other retailers, you might be getting interest free credit but you might be paying way more than if buying from Amazon etc - I haven't checked but usually manufacturers own prices are much higher than retailers.
Also consider section 75 consumer protection that you get with a credit card and I don't think you get with PayPal.
Edit:
Some examples
Samsung RSA1RTMG1/XEU fridge £799
from Argos: £549
So check first!
Chiptivo
2 Jan 1726#20
What happened to saving up and buying something with your own money.. :disappointed:
xeroc to spannerzone
2 Jan 1710#12
Exactly. On the example you gave it would probably be cheaper to buy from Brighthouse than it would to utilise PayPal's interest free option :P If my maths is correct buying from Samsung rather than Argos would be comparable to buying it on a credit card with 39% APR over 2 years.
All comments (120)
dougrobbins78
2 Jan 171#1
So for instance a purchase of £249 would mean 24 payments of £10.39 by direct debit
malachi
2 Jan 171#2
Any admin setup fee with this?
dougrobbins78 to malachi
2 Jan 171#3
Nope. The only fees are for missed payments or requesting paper statements
1. Are there any fees I should be aware of?
Late Payments
If you’re late with a payment, PayPal may charge you a late payment fee of £12.
Returned Payments
You may be charged a return payment fee of £12 if you have insufficient funds to cover the payment.
Statements (Paper Copy)
We also charge a fee of £5 if you request that we send you a printed copy of a previous statement. All statements are available to download or view online within the PayPal Credit section of your PayPal account.
For more information on how these fees apply, please refer to the Outline of Credit, the Standard European Consumer Credit Information document or the Credit Agreement.
2. Is there an annual fee?
No. There is no annual fee for a PayPal Credit account.
loofer
2 Jan 175#4
Good deal but shame the S7 edge, for example, is still over priced at £599. If it was around £400 then I would bite.
They claim an RRP of £639 too, not sure who recommended that to them!
dougrobbins78 to loofer
2 Jan 171#6
Brilliant :smile: yeah it's a shame the products aren't more competitively priced. Some brands try to match the open market web price on their official sites to a certain extent but not Samsung it appears
Argos are randomly selling it for the inflated RRP but it can be got for £400ish on some sites
loofer
2 Jan 179#5
With so many 0% purchase credit card deals that gives you access to more retailers, not sure why anybody would choose this offer direct via Samsung. If they can't compete on price then maybe an increased warranty period.
IndyS
2 Jan 173#7
not everyone has credit cards and though products are over priced I still think this provides alternate choices, I might even buy the S7 edge :smiley:
loofer to IndyS
2 Jan 172#18
If you can get one then perhaps consider getting the phone via the traditional contract route, which includes airtime too. Might work out cheaper (not checked myself)
dougrobbins78
2 Jan 172#8
Well said. Supposedly PayPal's requirements are lower than other interest free credit providers
An ex-colleague of mine had been refused credit cards but was accepted for PayPal credit. I recall it wasn't interest free and only £200 credit but better than nothing if you need it
spannerzone
2 Jan 1727#9
If you're buying direct from Samsung then check their prices vs other retailers, you might be getting interest free credit but you might be paying way more than if buying from Amazon etc - I haven't checked but usually manufacturers own prices are much higher than retailers.
Also consider section 75 consumer protection that you get with a credit card and I don't think you get with PayPal.
Edit:
Some examples
Samsung RSA1RTMG1/XEU fridge £799
from Argos: £549
So check first!
xeroc to spannerzone
2 Jan 1710#12
Exactly. On the example you gave it would probably be cheaper to buy from Brighthouse than it would to utilise PayPal's interest free option :P If my maths is correct buying from Samsung rather than Argos would be comparable to buying it on a credit card with 39% APR over 2 years.
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Opening post
Samsung are offering 2 years interest free credit on orders over £249. The credit is offered by PayPal credit
It is also 24 equal payments so no balloon payment at the end or have to remember to pay off or incur penalties etc
The credit is subject to status but apparently PayPal credit can still ge obtained with credit issues but will depend on individual circumstances of course
I think it's pretty good if you want to grab some Samsung gear in the Sales and spread the cost very easily over 24 months without too much hassle
Also offering Free next day delivery on orders placed before 7pm
Top comments
Also consider section 75 consumer protection that you get with a credit card and I don't think you get with PayPal.
Edit:
Some examples
Samsung RSA1RTMG1/XEU fridge £799
from Argos: £549
So check first!
All comments (120)
1. Are there any fees I should be aware of?
Late Payments
If you’re late with a payment, PayPal may charge you a late payment fee of £12.
Returned Payments
You may be charged a return payment fee of £12 if you have insufficient funds to cover the payment.
Statements (Paper Copy)
We also charge a fee of £5 if you request that we send you a printed copy of a previous statement. All statements are available to download or view online within the PayPal Credit section of your PayPal account.
For more information on how these fees apply, please refer to the Outline of Credit, the Standard European Consumer Credit Information document or the Credit Agreement.
2. Is there an annual fee?
No. There is no annual fee for a PayPal Credit account.
They claim an RRP of £639 too, not sure who recommended that to them!
Argos are randomly selling it for the inflated RRP but it can be got for £400ish on some sites
An ex-colleague of mine had been refused credit cards but was accepted for PayPal credit. I recall it wasn't interest free and only £200 credit but better than nothing if you need it
Also consider section 75 consumer protection that you get with a credit card and I don't think you get with PayPal.
Edit:
Some examples
Samsung RSA1RTMG1/XEU fridge £799
from Argos: £549
So check first!