After the tip of the 12 months, Samsung Pay will now not earn factors towards Samsung’s rewards program. Whereas purchases at Samsung storefronts like the corporate’s web site and the Galaxy Retailer nonetheless earn factors for Samsung Rewards, when the calendar flips over to 2021 on the finish of the 12 months, you will not have the ability to earn them anymore via Samsung Pay.
The information comes courtesy of an e mail being despatched to Samsung Rewards members, explaining the change, which impacts each transactions in Samsung Pay and Samsung reward card purchases with the next clarification:
“As of 12/31/2020 at 11:59 PM PST, you’ll now not earn Rewards factors for Samsung Pay transactions and reward card purchases. This additionally implies that Samsung Rewards Tiers now not maintain any advantages and we will probably be ending our Tier program in the intervening time. Nevertheless, factors can nonetheless be earned at Galaxy Retailer, Samsung.com, Store app and with different Samsung providers and purposes.”
The retirement of rewards factors from Samsung Pay additionally spells the tip of the Tier program, which allowed for an elevated rewards price multiplier based mostly on the variety of factors you earned in a given interval — in the event you spent extra, you bought extra even sooner, mainly.
Again in 2018, Samsung minimize the rewards factors earned in Samsung Pay throughout all of these tiers in half, adopted by one other change the following 12 months, although each the rewards program itself and tier multipliers lived on. Many purchasers complained that the factors had been even tougher to make use of earlier than they expired below the brand new price techniques, and the rewards charges did not actually compete with what most half-decent bank cards provided, however presumably Samsung has a big sufficient buyer base now it does not really feel the necessity to proceed providing further advantages to Samsung Pay customers.