By: Mary Elizabeth Hammond
As big-ticket items, appliances and electronics can take a hefty chunk out of your bank account if you’re not careful. But if you shop at Samsung, you can get your TV, kitchen appliances, computer monitors and more for $0 down and no interest when you pay in full before the promotional period ends. Sound too good to be true? Read on for Groupon Coupons’ deep-dive into Samsung Financing and whether it’s right for you. And no matter how you pay, be sure to save on your order with our collection of Samsung coupons.
Apply here. Your application is subject to credit approval.
Payment plans vary based on your purchase (which has to be at least $50), credit score, and the plan you choose. There are several options including a 6, 12, 18, 24, 36, 40, and even 48-month plan.
You’ll get a billing statement each month with your minimum monthly payment and balance. You can make payments online at myonlineaccount.net, by phone at 1-888-382-6665, or by mail as long as it’s sent at least 7 days prior to your due date.
Find the details of both of these offers here.
Once you’ve applied and been approved for Samsung Financing, you can keep using it on future purchases. The revolving line of credit is automatically loaded to your Samsung.com account. (It is, however, subject to your available credit.)
When you purchase an eligible Samsung TV, you can get 0% APR for 36 months (with equal payments). And if you want to upgrade to a newer version in two years (or every two years!), Samsung will credit your account for up to 33% of the initial financed amount. You can find the TVs eligible for this deal here. (And check out all the info you need to know about Samsung TVs here.)
To take advantage of this promotion, select “Samsung Upgrade” as your payment plan at checkout. You’ll then apply for credit (approval is pretty instant), and you can set up your monthly payments from there.
It can be. If you make your payments on time and avoid paying interest, it can make big purchases much more manageable. The danger comes when you miss a payment; you’ll end up paying much more in the end with interest.