Samsung has launched its new monthly payment plans for its latest smartphones in the UK, the Samsung Upgrade Program, which will let you change your handset every twelve months.
The Samsung Upgrade Program lets you spread the payments of a new Galaxy smartphone over 24 months and prices start at £24.95 a month. After 12 months, you have the option to upgrade to the latest handset, ensuring you always have access to the newest technology and features.
How the Samsung Upgrade Program Works
The program is designed to make it easier for consumers to keep up with the rapid advancements in smartphone technology. By spreading the cost over two years, it reduces the financial burden of purchasing a new phone outright. However, it is important to note that this is a more expensive way of buying the device compared to paying for it upfront. Samsung charges interest over the 24 months, and their website mentions an APR of 14.9%, so you may want to take this into account when considering the program.
The program covers Samsung’s latest smartphones, which include the Galaxy S7 and Galaxy S7 Edge. These devices come with cutting-edge features such as advanced camera systems, high-resolution displays, and powerful processors, making them highly desirable for tech enthusiasts and everyday users alike.
Comparing Samsung’s Program to Apple’s Upgrade Program
Apple launched their upgrade program in the US last year, but they have yet to launch it in the UK. This gives Samsung a competitive edge in the UK market, as they are the first to offer such a program. Apple’s program also allows users to upgrade their iPhones every 12 months, but it includes additional benefits such as AppleCare+ coverage, which provides extended warranty and support.
Samsung’s program, on the other hand, focuses primarily on the flexibility of upgrading to the latest handset. While it does not include extended warranty coverage, it does offer the convenience of spreading payments and the assurance of having the latest technology at your fingertips.
Benefits and Considerations
One of the main benefits of the Samsung Upgrade Program is the ability to always have the latest smartphone without the need for a large upfront payment. This can be particularly appealing for those who enjoy having the newest features and capabilities that come with each new model.
However, there are some considerations to keep in mind. The interest rate of 14.9% APR means that you will end up paying more for the device over the 24-month period compared to buying it outright. Additionally, if you decide to upgrade after 12 months, you will still be responsible for the remaining payments on your current device, which will be rolled into the new agreement.
For those who prefer to own their devices outright, this program may not be the best option. However, for individuals who prioritize having the latest technology and are comfortable with the monthly payments, the Samsung Upgrade Program offers a convenient and flexible solution.
The Samsung Upgrade Program provides a viable option for UK consumers looking to stay up-to-date with the latest smartphone technology. By spreading the cost over 24 months and offering the ability to upgrade every 12 months, Samsung has created a program that caters to the needs of tech-savvy individuals. While it may be more expensive in the long run due to the interest charges, the convenience and flexibility it offers make it an attractive option for many.
You can find out more details about the Samsung Upgrade Program at the link below.
Source Samsung
Latest Geeky Gadgets Deals
Disclosure: Some of our articles include affiliate links. If you buy something through one of these links, Geeky Gadgets may earn an affiliate commission. Learn about our Disclosure Policy.
