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Shinhan Card Launches Premium Card in 300,000 KRW Range After 6 Years... Strengthening Sales to Valued Customers

'The Best X': Choose Between Points or Mileage Accumulation
Earn an Additional 1 Mileage per 3,000 KRW Based on Previous Month's Spending
Get an Extra 0.5% Points When Paying Domestically with Shinhan Sol Pay

Shinhan Card is strengthening its premium customer business by launching a premium card for the first time in six years. This product expands customer choices by diversifying mileage and gift options with a card priced in the 300,000 KRW range.


Shinhan Card Launches Premium Card in 300,000 KRW Range After 6 Years... Strengthening Sales to Valued Customers The Best X Package & Plate. Provided by Shinhan Card

Shinhan Card announced on the 10th that it has launched the 'The Best X' card. This product offers reward benefits and gift options, marking the introduction of a premium card for the first time in six years since the launch of 'The Best Plus' card in February 2019.


First, it provides reward benefits such as up to 2% points on usage or mileage accumulation with Korean Air. There are also various gift options including department store gift certificates, hotel dining vouchers, airline and travel vouchers, and mileage.


Customers can choose between the 'My Shinhan Points' type, which accumulates points for domestic and international merchant usage, and the 'Skypass' type, which accumulates Korean Air mileage.


The gift options have been diversified to include department stores, hotel dining, travel and airline vouchers, and mileage.


Customers can select one gift option from Shinsegae Department Store 200,000 KRW mobile voucher, Platinum hotel dining 230,000 KRW voucher, MyRealTrip 230,000 KRW voucher, Air Premia airline 250,000 KRW voucher, or 10,000 Korean Air mileage. The Air Premia voucher is only available for the My Shinhan Points type, and the 10,000 Korean Air mileage is only available for the Skypass type.


The My Shinhan Points type accumulates 1% of domestic and international usage amounts. An additional 0.5% is accumulated when spending exceeds 3 million KRW in the previous month. The Skypass type accumulates 1 mileage per 1,500 KRW spent domestically and internationally. When spending exceeds 3 million KRW in the previous month, an additional 1 mileage per 3,000 KRW is accumulated, up to a maximum of 5,000 mileage per month.


Both the My Shinhan Points and Skypass types provide an additional 0.5% points accumulation up to 30,000 points per month when paying with Shinhan Sol Pay domestically. For overseas payments, a 1% additional point is provided on lump-sum usage amounts.


Cashbacks of up to 170,000 KRW are provided based on annual usage (January to December). A cashback of 70,000 KRW is given for cumulative annual spending of 30 million KRW, and 100,000 KRW for 60 million KRW cumulative spending.


Everyday discount services include 2,000 KRW off at coffee shops (Starbucks, Coffee Bean, Twosome Place) and 7% off taxi fares.


The 'The Lounge' service, which allows free access to airport lounges worldwide through the app, is provided 10 times annually. The Master brand offers valet parking services at Incheon Airport and luxury hotels.


The annual fee for the My Shinhan Points type is 297,000 KRW for domestic use only and 300,000 KRW for overseas use (MasterCard). For the Skypass type, the annual fee is 317,000 KRW for domestic use only and 320,000 KRW for overseas use (MasterCard).


For more details, please visit the Shinhan Card website and Shinhan Sol Pay.


© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

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