UnionBank and Samsung makes owning your next Galaxy easier with Samsung Finance+

Powered by Union Bank of the Philippines, Samsung Finance+ makes acquiring your next Galaxy device easier.

Samsung Finance+

your next Galaxy on easier terms?

Samsung Finance+ is a platform that allows customers to buy Samsung devices with an affordable monthly amortization scheme.

It is an alternative option for potential Samsung customers who prefer easier terms to obtain their next Galaxy device. It is now available at all Samsung retail stores across the Philippines and will be available at Samsung.com soon.

The benefits of Samsung Finance+ are Zero percent interest, Zero Down Payment and Zero admin fees. Samsung claims that customers will pay the same price over a comfortable period with no steep barriers like down payments and no hidden fees or processing fees.

Samsung Finance+ team with Samsung dealers

Samsung Finace+ (SF+) is offered to applicants who fit the following criteria:

1. Wish to purchase a Samsung device through the SF+ loan

2. Apply for the SF+ Loan through the SF+ Merchant app from participating Samsung stores

3. Are at least 21 years of age from the time of application

4. Are of good credit standing at the time of application

5. Are not prohibited under applicable Gifts, Anti-Bribery and Corruption Laws, regulations, and policies from availing of SF+

6. Are not UnionBank Employees or related parties to UnionBank employees

7. Have an active email address

8. Have an active mobile number

9. Have a valid government-issued ID

Requirements to apply for Samsung Fiance+

1. Only 1 valid government-issued ID including Passport with Signature, Driver's License, Unified Multipurpose ID, PhilSys or National ID

Samsung Finance+ applicants have several options, including online (through the SF+ app) and over-the-counter payments. Partners include GCash, Grab, and over-the-counter partners (such as SM Store, Robinsons Departure Store, Cebuana Lhuillier, Palawan Pawnshop, M. Lhuillier, Bayad Center, and ECPay).

The monthly due date is on the first calendar day of the month and is viewable on the SF+ app. If applicants want to restart a new application or retry for an SF+ loan, they can do so after 90 days or 3 months after the prior application.

Samsung Knox Guard is the existing security system on phones purchased through the Samsung Finance+ app, which will remind customers to make payments before they are due. This will also enable device locking if customers fail to pay on the prescribed due date.

Should the phone be locked because of a missed payment, customers can unlock their phone by simply paying their monthly loan amount, and any late payment fee incurred. 

What do you guys think?

Source: Samsung