With the Launch of Galaxy S22... Card Industry Actively Runs Discount Promotions

[Asia Economy Reporter Yu Je-hoon] The card industry is responding with various promotions in line with the launch of Samsung Electronics' new smartphone, the 'Galaxy S22' series. As the new Galaxy S22 series is expected to achieve the highest pre-order volume ever and shows signs of success, there is an active response to secure customers.

According to industry sources on the 20th, Samsung Card is offering a 10% payment day discount and 2-6 months or 24 months interest-free installment benefits to customers who pre-purchase the Galaxy S22 on Samsung.com using Samsung Card until the 21st. Additionally, using the Digital Plaza Benefit Samsung Card or Samsung Mobile Plus Card provides an extra 2% payment day discount benefit.

Lotte Card offers about a 15% discount through a 2% immediate discount and a 13% discount when pre-ordering the Galaxy S22 series until the 21st via the Lotte Card DigiRoca app and Lotte Hi-Mart online mall. Interest-free installment plans for 12 or 24 months are also available. On Coupang, there is a 13% discount and up to 22 months interest-free installments, and when paying with Naver Pay on Naver, up to 13% is accumulated as Naver Pay points. Additionally, Market Kurly and 11st (when paying with SK Pay) offer 13% discount coupons and up to 13% discount benefits, respectively.

Shinhan Card, the industry leader, is partnering with LG Uplus and KT to launch cashback events. From the 22nd to the 15th of next month, customers who purchase the Galaxy S22 series from LG Uplus and use the 'LG Uplus Smart Plan Plus Shinhan Card' for device installment services of 50,000 KRW or more will be entered into a draw where 2,222 winners will receive 30,000 KRW cashback.

At KT, from the 22nd to the 28th, customers who purchase the Galaxy S22 series and use the 'KT Super Installment Plus Shinhan Card' for device installment services of 500,000 KRW or more, or set up automatic payment for KT telecom fees, or meet the condition of using credit sales of 300,000 KRW or more during March will receive up to 80,000 KRW cashback, limited to the first 1,500 customers.