If you were planning to get your hands on Samsung's flagship smartphone for 2014 now would be the perfect moment to do it, as the Samsung Galaxy S5 price has been cut off on Amazon. The online retailer is currently running a sweet deal for the Verizon variant of the Samsung Galaxy S5.

The Samsung Galaxy S5 price has been cut off to only $79.99 courtesy of the latest Amazon deal. As mentioned above, the price is only available after you sign a two-year contract with Verizon. Big Red is selling the 16 GB Galaxy S5 on their website at a price of $199, so if you go ahead and buy it from Amazon you will be able to save $120. Of course, the price of the smartphone may vary with service agreement.

In case you don't want to sign a two-year agreement with Verizon, you can also purchase a contract-free Verizon Galaxy S5 at a price of $599.99.

The Verizon Samsung Galaxy S5 is currently listed as "in stock" at the online retailer giant and your order will be shipped and fulfilled by Amazon.com. Amazon is selling both the Black and White variants of the smartphone.

As a refresher, the Samsung Galaxy S5 arrives with a 5.1-inch Super AMOLED display with Full HD (1920 x 1080) resolution, quad-core 2.5 GHz Snapdragon 801 processor, 2 GB of RAM, microSD support (up to 128 GB), 16 MP rear-facing cam with phase detection autofocus and 4K video recording support, 2 MP user-facing shooter, 2,800 mAh battery, and Android 4.4.2 out of the box with ToucWiz UI on top of it.

Because there's no way to tell for how long the Galaxy S5 Amazon deal will be live or how big the retailer's stocks are, we are advising you to take advantage of the S5 price discount right away. Feel free to order the Galaxy S5 with Verizon contract using the links below:

Verizon Samsung Galaxy S5 16 GB, Black - $79.99;

Verizon Samsung Galaxy S5 16 GB, White - $79.99.

corner-left-up dots-three-vertical