SC First Bank Launches Samsung Card Partnership Credit Card with Enhanced Benefits for Non-Face-to-Face Transactions

[Asia Economy Reporter Kim Hyo-jin] SC First Bank announced on the 20th that it has launched the ‘SC First Bank Digital Samsung Card,’ specialized for non-face-to-face regular payments, and the ‘SC First Bank Drive Samsung Card,’ focused on benefits for fuel, delivery apps, and convenience stores.

The two new products are characterized by offering more benefits to customers who frequently use their cards at specific merchants. SC First Bank explained that it lowered the subscription burden with a reasonable annual fee of 9,900 KRW, catering to consumers who prioritize cost-effectiveness. Applications can be made through SC First Bank’s digital channels (internet banking/mobile banking).

The SC First Bank Digital Samsung Card provides a monthly discount benefit of up to 35,000 KRW for customers who mainly use non-face-to-face and regular subscription payments. If the previous month’s card usage amount is 900,000 KRW or more, it offers a 7% billing discount within a monthly integrated discount limit of 30,000 KRW, with up to 12,000 KRW per month at major online shopping malls, coffee shops, convenience stores, and mobile communication fee affiliated merchants.

Additionally, for OTT and streaming services such as Netflix, Wavve, TVING, Watcha, Melon, and FLO, as well as regular payments for the online shopping mall Coupang Rocket Wow Membership, a 25% discount benefit is provided within a monthly integrated limit of up to 5,000 KRW if the previous month’s usage is at least 300,000 KRW.

Furthermore, for overseas card usage (overseas merchants and overseas direct purchases), a 1% billing discount benefit is given without any previous month usage conditions or limit restrictions.

The SC First Bank Drive Samsung Card focuses on fuel discounts and benefits for delivery apps and convenience stores. If the previous month’s card usage amount is 900,000 KRW or more and at least one automatic payment registration is made for apartment management fees, communication fees, or rental fees, a billing discount of 120 KRW per liter is provided when refueling.

For delivery apps and convenience stores, a 10% billing discount benefit is given within a monthly limit of 5,000 KRW when the previous month’s usage amount is 300,000 KRW or more. For online shopping mall usage and overseas card usage, a 1% billing discount benefit is also provided without any previous month usage conditions or limit restrictions.

Including these new products, customers holding SC First Bank Samsung Cards are also offered additional banking transaction benefits such as ▲70% discount on foreign currency exchange fees when exchanging foreign cash at SC First Bank branches ▲0.2% point interest rate discount when applying for a new SC First Bank credit loan ▲up to 3.4% savings cashback when subscribing together to the ‘Wealth-Building Savings Set.’