Visa (V) Stock Climbs as Samsung Galaxy Card Goes Live on Its Network
TLDR
- Visa stock rose over 2% Monday after launching the Samsung Galaxy Card on its network
- The card offers cash rewards starting at 2%, rising to 5% for Samsung VIP members
- Jim Cramer highlighted Visa on Mad Money, pointing to strong chart momentum
- Wall Street holds a Strong Buy consensus with a $395.88 average price target, implying ~9% upside
- Visa posted a 50% net profit margin in fiscal 2025 and generated $2.6B in free cash flow in Q1 2026
Visa (V) stock climbed more than 2% on Monday, trading at $362.96, after the payments giant announced a new credit card built on its network in partnership with Samsung.
The card is called the Samsung Galaxy Card. It is being described as a first-of-its-kind release for Samsung, giving the electronics maker its own branded credit product for the first time.
The card runs on Visa’s network and offers a tiered cash rewards structure. Base rewards start at 2% for streaming purchases, while purchases made through Samsung Wallet earn 3%.
Samsung VIP customers get the best deal. They can earn 5% cash back when buying or renewing a Samsung VIP Advantage membership, plus 20% off the membership itself when paid with the Galaxy Card.
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