2 Years 0% finance available on all Samsung orders over £249 via PayPal credit. Available until 23rd January
839°Expired

2 Years 0% finance available on all Samsung orders over £249 via PayPal credit. Available until 23rd January

120
Found 2nd JanMade hot 2nd Jan
Hi guys

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

http://www.samsung.com/uk/home/assets/images/suhd_tv_quantum_dot.png

120 Comments

Original Poster

So for instance a purchase of £249 would mean 24 payments of £10.39 by direct debit

Any admin setup fee with this?

Original Poster

malachi

Any admin setup fee with this?



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.

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!

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.

Original Poster

loofer

Good deal but shame the S7 edge, for example, is still over priced at … 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!



Brilliant 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

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
Edited by: "IndyS" 2nd Jan

Original Poster

IndyS

not everyone has credit cards and though products are over priced I still … not everyone has credit cards and though products are over priced I still think this provides alternate choices, I might even but they S7 edge



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

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!

Edited by: "spannerzone" 2nd Jan

cold - item might explode

Stevie Badman

cold - item might explode


Wouldn't that make it... hot?

spannerzone

If you're buying direct from Samsung then check their prices vs other … 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 examplesSamsung RSA1RTMG1/XEU fridge £799from Argos: £549So check first!



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.
Edited by: "xeroc" 2nd Jan

Good find OP.

Good but any worth having is full price, they are taking the Mik reducing seriously old accessories for S3 and S4

Ok not the same deal but seen as though it's being discussed, it appears PayPal credit have an ongoing offer (or feature) whereby for any purchase you make over £150, you get 4 months interest free to pay it off. You can use it multiple times, providing the transaction is over £150 each time.

Therefore, with it dealing in credit I would imagine you're covered by section 75 , so if you were going to buy, say, a TV anyway from Currys/AO/AN Other on credit card to pay off at next statement then you've got an option here that gives you 4 months interest free

Just handy info that I was t aware off until I looked at this
https://www.paypal.com/uk/webapps/mpp/paypal-virtual-credit

Edit: no physical card it seems so no good for instore payments
Edited by: "loofer" 2nd Jan

loofer

Ok not the same deal but seen as though it's being discussed, it appears … Ok not the same deal but seen as though it's being discussed, it appears PayPal credit gave an ongoing offer (or feature) whereby for any purchase you make over £150, you get 4 months interest free to pay it off. You can use it multiple times, providing the transaction is over £150 each time.Therefore, with it dealing in credit I would imagine you're covered by section 75 , so if you were going to buy say a TV anyway from Currys/AO/AN Other on credit card to pay off at next statement then you've got an option here that gives you 4 months interest freeJust handy info that I was t aware off until I looked at thishttps://www.paypal.com/uk/webapps/mpp/paypal-virtual-creditEdit: no physical card it seems so no good for instore payments



Yep, I have the PayPal credit offer, 0% for 4 months, credit limit is £2k I believe (for me anyway). Quite useful to have, took all of a minute to sign up.

The 0% credit cards are a waste of time nowadays. Myself and quite a few others on here signed up for the AA one a while ago. Was provisionally accepted, but they wanted me to post doctor (as if the NHS has spare appointments for certifying copies!) certified copies of my driving license, utility bills, bank statements and even a payslip or my employment contract. Told them to **** off, and remove the search from my file (which they actually did surprisingly) - we didn't need that many documents when we took out our damn mortgage!
Edited by: "bma1445" 2nd Jan

At least this is cheaper than shrighthouse.

IndyS

not everyone has credit cards and though products are over priced I still … 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



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)

Does it mean Samsung S8 is out after 23rd of January?

What happened to saving up and buying something with your own money..

Chiptivo

What happened to saving up and buying something with your own money..



There's always one..

Chiptivo

What happened to saving up and buying something with your own money..



​People became greedy and live beyond their means

great deal especially if you find it hard to obtai n credit. But personally I would just use a 0% Credit card. Easier to manage

Chiptivo

What happened to saving up and buying something with your own money..



It still happens across 3 parties...people save up with a bank, the bank lends the money to somebody who wants to borrow it (in the hope of making money). That profit helps keep your cost of saving money down to nil.

You're welcome!
Edited by: "loofer" 2nd Jan

Original Poster

obsydian

​People became greedy and live beyond their means



I assume from your comments both of you purchased your home outright for cash after having saved up correct?

Mortgage would be living beyond means according to that logic

My point is that it's all relative so let's not judge others for borrowing

dougrobbins78

I assume from your comments both of you purchased your home outright for … I assume from your comments both of you purchased your home outright for cash after having saved up correct? Mortgage would be living beyond means according to that logicMy point is that it's all relative so let's not judge others for borrowing



What a stupid argument.

Comparing borrowing to buy a home against borrowing to buy the latest smartphone..

No TVs online...

Original Poster

theboy

No TVs online...



You just have to go on the menu on the top left and it's on th drop down

Here's the link to TVs under 50"

shop.samsung.com/uk/…ss/

Original Poster

Chiptivo

What a stupid argument.Comparing borrowing to buy a home against … What a stupid argument.Comparing borrowing to buy a home against borrowing to buy the latest smartphone..



How is it stupid? It's the same logic you're using if you think people are greedy by borrowing money? How absurd.

It is all relative as millionaires would say you're living beyond you're means by getting a mortgage as they can buy in cash

If you can afford to buy a phone or tv without credit, good for you. Don't judge others for doing so as you're being hypocritical
Edited by: "dougrobbins78" 2nd Jan

dougrobbins78

How is it stupid? It's the same logic you're using if you think people … How is it stupid? It's the same logic you're using if you think people are greedy by borrowing money? How absurd.It is all relative as millionaires would say you're living beyond you're means by getting a mortgage as they can buy in cashIf you can afford to buy a phone or tv without credit, good for you. Don't judge others for doing so as you're being hypocritical




You kind of need a house to live somewhere. You don't really need Galaxy S14 in your life.

BenderRodriguez

You kind of need a house to live somewhere. You don't really need Galaxy … You kind of need a house to live somewhere. You don't really need Galaxy S14 in your life.



​Incorrect

BenderRodriguez

You kind of need a house to live somewhere. You don't really need Galaxy … You kind of need a house to live somewhere. You don't really need Galaxy S14 in your life.



A Galaxy is something that the average person is more likely to be able to afford for cash than, say, a house. Where interest rates are positive, and 0% interest is available, and the goods are available for a competitive price, surely the logical option is always to purchase on credit? I can then profit from the transaction. (See: Stoozing)

PS I'm not an economist so may be entirely wrong
Edited by: "xeroc" 3rd Jan

bma1445

Yep, I have the PayPal credit offer, 0% for 4 months, credit limit is £2k … Yep, I have the PayPal credit offer, 0% for 4 months, credit limit is £2k I believe (for me anyway). Quite useful to have, took all of a minute to sign up.The 0% credit cards are a waste of time nowadays. Myself and quite a few others on here signed up for the AA one a while ago. Was provisionally accepted, but they wanted me to post doctor (as if the NHS has spare appointments for certifying copies!) certified copies of my driving license, utility bills, bank statements and even a payslip or my employment contract. Told them to **** off, and remove the search from my file (which they actually did surprisingly) - we didn't need that many documents when we took out our damn mortgage!


Does it work for eBay purchases, or at least eBay purchases from registered businesses?

bma1445

Yep, I have the PayPal credit offer, 0% for 4 months, credit limit is £2k … Yep, I have the PayPal credit offer, 0% for 4 months, credit limit is £2k I believe (for me anyway). Quite useful to have, took all of a minute to sign up.The 0% credit cards are a waste of time nowadays. Myself and quite a few others on here signed up for the AA one a while ago. Was provisionally accepted, but they wanted me to post doctor (as if the NHS has spare appointments for certifying copies!) certified copies of my driving license, utility bills, bank statements and even a payslip or my employment contract. Told them to **** off, and remove the search from my file (which they actually did surprisingly) - we didn't need that many documents when we took out our damn mortgage!


Does it work for eBay purchases, or at least eBay purchases from registered businesses?
BenderRodriguez

You kind of need a house to live somewhere. You don't really need Galaxy … You kind of need a house to live somewhere. You don't really need Galaxy S14 in your life.


Not right now but I might need one in the year 2023:p

Chiptivo

What happened to saving up and buying something with your own money..



i'd rather buy something @ 0% and pay off incrementally, letting inflation eat into the cost in real terms, than use the cash I have in the bank earning (paltry) interest.

loofer

Does it work for eBay purchases, or at least eBay purchases from … Does it work for eBay purchases, or at least eBay purchases from registered businesses?



Works for most things over £150. I think I've only ever had one purchase that wouldn't allow it - no idea why.

Is there any risk in paying it off like this with this deal?

Thanks

Edited by: "d_silva21" 3rd Jan

As people have said the items are fairly steeply priced in the first place. The 49" TV UE49KU6400 is £699 via dougrobbins78 link in post 28. Its currently £549 in John Lewis.

http://www.johnlewis.com/samsung-ue49ku6400u-led-4k-ultra-hd-smart-tv-49-with-freeview-hd-freesat-hd-and-built-in-wi-fi/p2729551?navAction=jump&_requestid=4661255

and was £499 at Richer Sounds until a few days ago...(currently only showing as clearance)

The difference being the cost of the credit I suppose...

I haven't had personal experience of dealing with "Paypal Credit" only Paypal when linked to Ebay purchases. 99% of the time things work as they should. But the 1% - where human intervention has been required they've been a nightmare to deal with. That would concern me personally if I was entering a long term credit agreement with them.

Just speaking from experience....maybe other peoples are more positive.

Thanks to the OP for posting the deal though as it might help someone.

upset brown pant

i'd rather buy something @ 0% and pay off incrementally, letting … i'd rather buy something @ 0% and pay off incrementally, letting inflation eat into the cost in real terms, than use the cash I have in the bank earning (paltry) interest.



You can get most things from here from other sites with quidco and tcb, do you are effectively paying for the credit. But no problem.

I can't find a single television on that website. If you filter the 'sale' page for TV & AV, all you get are sound bars. Searching for televisions is an abysmal process and each time I try to tick the box to the left to limit the search to "television" the page just refreshes and the filter is not applied.
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