Is Overseas Travel Becoming a Trend? Hana Card's 'Travelog' Surpasses 2 Million Subscribers

18 Types of Currency Exchange Preferential Rates Effective
Benefit Period Extended Until Year-End

Hanacard's overseas travel service platform, Travelog, has surpassed 2 million subscribers. Various benefits, including preferential foreign exchange fees, are also increasing the market share of overseas check cards.

Hanacard announced on the 23rd that the number of Travelog service subscribers exceeded 2 million just over a year after its launch. This doubled in just three months since reaching 1 million subscribers in May. This is attributed to the effect of revamping the Hanamoney application (app) centered on Travelog for the vacation season. The cumulative foreign exchange amount also exceeded 550 billion KRW.

To commemorate this, Hanacard is extending the period of free foreign exchange fees for 18 currencies until the end of this year, the first of its kind in Korea. The currencies of ▲United States (USD) ▲Japan (JPY) ▲Europe (EUR) ▲United Kingdom (GBP) are subject to a permanent 100% preferential exchange rate benefit, while ▲Canada (CAD) ▲Australia (AUD) ▲Singapore (SGD) ▲China (CNY) ▲Vietnam (VND) ▲Hong Kong (HKD) ▲Thailand (THB) ▲Philippines (PHP) ▲Indonesia (IDR) ▲Sweden (SEK) ▲New Zealand (NZD) ▲Hungary (HUF) ▲Switzerland (CHF) ▲Czech (CZK) have free foreign exchange fees until the end of the year. In addition, events including duty-free shop & communication benefits are planned from next month.

Thanks to Travelog, Hanacard's overseas check card market share has also increased. According to Hanacard, the market share in the first half of this year was 29.33%, up 10.25 percentage points compared to the first half of last year. In the past month, when overseas travel became full-scale, it rose to 33.4%.

Meanwhile, Hanacard also announced the results of analyzing data from Travelog members. Analyzing Travelog (credit & check) overseas offline performance from May to July, the most visited Asian cities by members were Tokyo (Japan), Osaka (Japan), Fukuoka (Japan), Da Nang (Vietnam), Singapore (Singapore), Bangkok (Thailand), and Hong Kong (Hong Kong) in order. In Europe, the order was Paris (France), London (United Kingdom), Rome (Italy), Barcelona (Spain), Milan (Italy), Vienna (Austria), and Interlaken (Switzerland). In North America, New York (United States), Los Angeles (United States), Hawaii (United States), San Francisco (United States), Las Vegas (United States), Toronto (Canada), and Vancouver (Canada) ranked high.

The cities with the highest payment amounts were Tokyo, Osaka, and Fukuoka in Japan. The average travel days by country were Japan (3.4 days), Vietnam (2.8 days), United States (5.9 days), France (4.5 days), United Kingdom (5.6 days), and Spain (5.6 days). The longest average stay was in New Zealand at 7.3 days.

Lee Seok, Head of Hanacard Digital Finance Group, said, "Travelog has strengthened its design lineup by launching the Blue Edition (carrier sticker type) and plans to add eight more currency types in the second half of the year." He added, "We will launch 'Travelog Traveler's Insurance' in collaboration with Hana Insurance and introduce various hyper-personalized services."