Samsung Galaxy Z Fold 5 preorder deals: Get up to $1000 off and a free storage boost

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Samsung has officially announced the Galaxy Z Fold 5 during a launch event at its Seoul headquarters. You can preorder the new foldable right now ahead of the August 11 release date. We'll walk you through all the available Z Fold 5 preorder deals and add fresh ones below as they come in.

It will be hard to beat Samsung's offerings, though, as it's running trade-in deals to knock up to $1000 off the Fold 5 when you trade in your old phone. How much you get will, of course, depend on the model and condition of your phone, but it sure beats letting it sit around in a drawer as a very expensive backup.

• See all the Z Fold 5 preorders at Samsung.com
• Z Fold 5 with $100 gift card at Best Buy
• Z fold 5 with $200 gift card at Amazon

Samsung Galaxy Z Fold 5: Price and release date

You can preorder the Samsung Galaxy Z Fold 5 today for a starting price of $1,799.99 for the 256GB model, and for a limited time, Samsung is automatically upgrading those orders to 512GB for free. Devices will officially hit the streets on August 11. You'll have your choice of shade between Icy Blue, Phantom Black, and Cream at any retailer, and Samsung.com will exclusively carry the Z Fold 5 in Blue and Gray.

Samsung offers even more savings opportunities with up to $540 off if you purchase the new smartphone with one of the newest Galaxy Tab S9 tablets or Galaxy Watch 6 smartwatches, also announced today. If you're OK with relinquishing your old device, trade-in offers can fetch you up to $1,000 in credit toward the purchase. Bundling Samsung Care+ for added device protection and support? You can also save 30% on that for a limited time.

Samsung Galaxy Z Fold 5 preorder deals

Ok, it's fairly straightforward as far as options go on launch day. Samsung will offer you up to $1000 off the Z Fold 5 when you trade in your old phone, and you can save 30% on Samsung Care+ for a bit of extra peace of mind on your pricey investment. You're also getting the next size up in terms of storage for free - an offer being replicated at retailers, so make sure you avoid the base 256GB model as you can get the 512GB one for the same price.

Other retailers will be slow to start selling the Fold 5, but BestBuy is up and running, also offering up to $1000 off with a trade-in. To sweeten the pot further, it's also throwing in a $100 Best Buy gift card. So we'd check out which store is going to offer more for your old phone and pick one of those. Amazon and Walmart are not selling the phone at the current time of writing.

Amazon doesn't have a trade-in feature running on its Z Fold 5 preorders, but if that's not part of your plan to buy one, it arguably has the best preorder deal so far as you'll get a $200 Amazon gift card with your purchase. We're not sure how long this offer will run for, and the info is a little buried on the listing page. Just make sure it's selected just under the storage capacity selector as that's where we're seeing the option.

As for Verizon you can also save up to $1000 via trade-in, but you'll also have to upgrade your plan, so overall this could end up being more expensive in the long run.

• See all the Z Fold 5 preorders at Samsung.com
• Z Fold 5 with $100 gift card at Best Buy
• Z Fold 5 with $200 gift card at Amazon
• Up to $1000 off via trade-in at Verizon (upgrade required)

If you're thinking of buying the phone outright and want to save some serious cash on your monthly plan for data and minutes, then you really should check out the world of MVNOs with short-term rolling contracts and prices that make the likes of Verizon and T-Mobile look ridiculous. Mint and Visibile would be our top recommendations to consider. Check out the details in our guides to the best Minit Mobile deals and best deals on Visible phone plans.

What's new with the Z Fold 5?

A little bit awkward, as the Z Fold 5 is perhaps best described as a belt-tightening refinement on a maturing form factor. The Galaxy Z Fold 5 builds on last year's model with an upgraded processor in the Snapdragon 8 Gen 2, with Qualcomm suggesting 15-25% in CPU speed gains and graphics performance improvements up to 45%. The 7.6-inch Dynamic AMOLED Flex Display is brighter at 1,750 nits (a 30% improvement compared to the Z Fold 4).

One significant change in the Galaxy Z Fold 5's construction is the new Flex Hinge, which uses a "dual rail" structure that Samsung says offers better durability and protection from drops. It also brings upgraded wireless radios with WiFi 6E and Bluetooth 5.3. It also closes that awkward gap when the phone is closed.

Otherwise, the Galaxy Z Fold 5 feels familiar compared to the previous model. It has the same three-camera array with a 50-megapixel main wide-angle sensor and 12MP/10MP sensors for ultra-wide and telephoto needs. The front camera in clamshell mode remains a 10MP sensor, and you also get the same 4MP under-display camera in unfolded mode.

It's not an extensive list if you're considering upgrading from the Fold 4, but first-time buyers of the series or even upgraders from the Fold 3 or earlier will find a lot to love here.

Samsung Galaxy Z Fold 5: Specs