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Prize Event Celebrating Launch with Freitag Bags, AirPods Pro, and More
[Asia Economy Reporter Ki Ha-young] Shinhan Card announced on the 12th that it has launched the 'Shinhan Card Hey Young (Hey Young) Check' for the younger generation.
The Hey Young check card is designed considering the characteristics of young customers in their 20s who freely use services both online and offline. There are two types of plate designs: a standard design and a Minions design featuring Minions characters.
First, it offers 5% cashback on public transportation usage. The monthly maximum limit is up to 3,000 KRW. There is also a cashback benefit for automatic mobile phone bill payments. When automatic payment exceeds 50,000 KRW, a monthly limit of 2,000 KRW is provided once per month.
Additionally, a 1,000 KRW cashback is offered for payments of 10,000 KRW or more per transaction at GS25 convenience stores. This is available once per day, up to 5 times per month. When using Coupang, a 1,000 KRW cashback is provided for transactions of 20,000 KRW or more per transaction, once per day, up to 5 times per month.
The 1,000 KRW cashback at Starbucks includes on-site payments as well as Siren Order and Shinhan Payfan Starbucks Order, provided once daily and up to 5 times per month. The 5,000 KRW cashback for CGV movie reservations is available once per month and applies not only to CGV website or app usage but also to on-site payments.
1% cashback is also available when using simple payments (Pay) at domestic merchants. This is provided when paying with Shinhan Payfan and Samsung Pay, with a monthly maximum of 5,000 KRW.
The Hey Young check service applies an integrated cashback limit: for previous month spending between 200,000 KRW and less than 500,000 KRW, the cashback limit is 5,000 KRW; for 500,000 KRW to less than 800,000 KRW, 10,000 KRW; for 800,000 KRW to less than 1,000,000 KRW, 20,000 KRW; and for 1,000,000 KRW or more, up to 30,000 KRW. There is no annual fee.
Shinhan Card also prepared a launch event. The first 100,000 customers who receive the Hey Young check card will be given Minions stickers as a welcome gift. Additionally, customers who apply for the card and spend more than 10,000 KRW by August 11 and enter the event will be entered into a draw to win prizes: 1st prize Freitag bag (5 winners), 2nd prize Maison Margiela card wallet (10 winners), 3rd prize AirPods Pro (15 winners), and 4th prize Starbucks Americano coupon (1,000 winners).
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