2 Miles Earned per 1,000 KRW Spent
Hyundai Card Product Up 148%
NH Nonghyup Card Product Up 250%
BankSalad, a company specializing in MyData services, announced on July 8 that the 'Samsung Card & Mileage' was the most issued mileage accumulation card in the second quarter.
The Samsung Card & Mileage is a card specialized in airline mileage. It accumulates up to 2 miles per 1,000 KRW spent. The card also offers two free annual visits to the Matina Lounge at Incheon Airport and complimentary valet parking at Incheon Airport.
The number of cards issued related to travel keywords also increased. In the second quarter, the issuance of 'Hyundai Card MM' and 'NH Nonghyup Card zgm.Ilbonyohaengjung' grew by approximately 148% and 250%, respectively, compared to the same period last year.
Hyundai Card MM provides two free annual visits to airport lounges (Matina and SkyHub) at Incheon Airport, as well as valet parking services at Incheon Airport. When making overseas online or offline payments, 10% of the transaction amount is accumulated as M Points. Users can also earn 10% back when paying at online shopping malls and general restaurants.
With NH Nonghyup Card zgm.Ilbonyohaengjung, users can accumulate 10% NH Points when making payments at offline stores in Japan. The card waives overseas service fees for all international transactions. When booking accommodations through Expedia, users receive a 9% discount on room rates. Additionally, the card offers 1.5% accumulation at overseas merchants, and 1% accumulation on payments for airline tickets, duty-free shops, online shopping, department stores, and large supermarkets.
The NH Nonghyup Card zgm.Hyugajung card expands airport lounge benefits worldwide. Cardholders can access airport lounges around the world for free twice a year. When using Hotels.com, they receive an instant 20% discount on the amount spent. Complimentary travel insurance enrollment is also available.
BankSalad recently launched the 'Card Benefits Received This Month' service, further strengthening its card benefits offerings. When travel-related transactions such as airline tickets or accommodation payments are detected, the service analyzes the user's owned cards to identify those with travel-related benefits and provides guidance on how to use them. It also recommends cards that offer additional benefits.
A card benefit filtering feature is also provided. Among mileage accumulation cards, users can filter to view only those that include vacation or travel-related benefits such as free airport lounge access, hotel and accommodation, travel and airline, duty-free shopping, and overseas payments. Through the 'Find a Card That Matches Your Spending Habits' service, users can analyze their spending patterns and receive recommendations for credit and debit cards with benefits calculated down to the last KRW. As of this month, the proportion of users selecting travel-related filters such as mileage and airline in the BankSalad card filter has more than doubled compared to the same period last year.
A BankSalad representative stated, "An increasing number of users are making smarter card choices by receiving recommendations and checking their utilization based on MyData," adding, "Even when using travel benefit cards during the vacation season, users can maximize their card benefits through the BankSalad card benefit filtering service."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.


