How to Finance Your Samsung Device With TD Bank

Samsung and TD Bank’s Financing Options

So you want to finance your new Samsung device but don’t want to pay the full amount upfront. No problem, TD Bank offers some great options to make that Galaxy or tablet more affordable.


TD Bank partners with Samsung to provide installment loan and lease options for Samsung products.

Samsung Installment Loan With an installment loan, you pay a portion of the total cost upfront, then make fixed monthly payments over 6-48 months to pay off the remaining balance. You own the device once it’s paid off.

  • Pay as little as 0% APR for well-qualified buyers. Rates vary from 0-29.99% APR.
  • Loans from $200 to $25,000. Borrow only what you need.
  • Fixed monthly payments mean no surprises. You’ll know exactly what you owe each month.

Samsung Lease

If you want lower monthly payments and the option to upgrade early, consider a lease. You make monthly lease payments for 12-24 months. At the end, you can purchase your device, return it, or trade it in for a new one and continue leasing.

  • Typically lower monthly payments than installment loans or credit cards.
  • Flexibility to upgrade to a new device after 12 months.
  • Includes insurance and tech support. Peace of mind in case anything happens to your device.

Either financing option provides an easy way to get the latest Samsung tech in your hands without the high upfront cost. Stop by your nearest TD Bank or apply on Samsung’s website to get started. In no time, you’ll be enjoying your new Galaxy smartphone, tablet, watch or other connected device.

Qualifying for Samsung Financing Through TD Bank

To qualify for Samsung financing through TD Bank, you’ll need to meet a few basic requirements. TD Bank wants to make sure you’ll be able to repay the loan before approving you.

Credit score

Your credit score is one of the most important factors in determining if you’ll qualify. TD Bank typically looks for a credit score of at least 700 to approve a loan for a new Samsung device.


The higher your score, the better your chances. If your score is on the lower end of the range, you may still be approved but with a higher APR.


TD Bank will evaluate your income to ensure you earn enough to repay the loan. As a general rule, your monthly income should be at least $1,500-$2,000 after taxes. They may ask for recent pay stubs, tax returns or bank statements as proof of income.

Payment history

Your payment history, especially on other loans and credit cards, demonstrates how reliably you can repay debt. Late or missed payments in the past can hurt your chances of qualifying. If you have limited credit history, you may need a co-signer.

Loan amount

The total cost of your Samsung device, including any accessories or service contracts, must fall within TD Bank’s maximum loan amounts, typically up to $1,500. The specific amount you can qualify for depends on your creditworthiness and income. You’ll have the option to choose a 12, 18 or 24-month repayment term.

Additional details

Be prepared to provide personal information like your address, Social Security number, and employment details. You’ll also need details about the specific Samsung device you want to finance like the model number, storage amount, and carrier details.

If approved, TD Bank will provide you an instant credit decision and your new Samsung device can be on its way.

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Applying for Samsung Financing With TD Bank

Applying for financing through TD Bank and Samsung is an easy process to get the latest Galaxy device in your hands.

Once you’ve selected the Samsung phone, tablet, or watch you want, here are the steps to apply for financing:

1. Check Your Eligibility

First, you’ll need to see if you qualify for Samsung Financing provided by TD Bank. As long as you’re of legal age in your state and have a steady income, you’re likely eligible.

TD Bank will review your credit score and credit history to determine your financing options. Don’t worry if you have little or no credit history. TD Bank also considers other factors like your income to make a decision.

2. Apply Online or In-Store

You can apply for Samsung Financing on Samsung’s website, at a Samsung Experience Store, or participating retailers like Best Buy.

Applying online only takes a few minutes. You’ll need some personal information like your address, Social Security number, and annual income to get started. In-store, a sales associate can help you fill out the application using a tablet.

3. Sign Your Installment Loan Agreement

If approved, you’ll receive your installment loan agreement outlining your financing terms like the loan amount, APR, and monthly payment.

Review and electronically sign the agreement to finalize your application. Your new Samsung device can then be shipped to you or picked up in-store, depending on how you chose to apply.

4. Set Up Automatic Payments (Optional)

For convenience, you can set up automatic payments to pay off your installment loan. TD Bank will automatically deduct your monthly payment from a checking or savings account so you never miss a payment. You’re still free to pay the full balance early with no prepayment penalty.


Financing your new Samsung device through TD Bank is the easy, affordable way to get the tech you want now and pay over time.

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