Shinhan Card Launches 'KakaoBank Shinhan Card'... "Cashback Every 10 Uses"

Cashback Benefits Increase Every 10 Monthly Uses Regardless of Previous Month's Performance
Additional Cashback When Using Delivery Apps, Kakao T, etc.

[Asia Economy Reporter Ki Ha-young] Shinhan Card announced on the 27th that it has partnered with the internet-only bank KakaoBank to launch the bank's first credit card, the 'KakaoBank Shinhan Card.'

This card features services implemented by utilizing Shinhan Card's big data infrastructure to analyze the consumption and lifestyle patterns of KakaoBank's main users, the digital native generation in their 20s and 30s. The main service is designed to remove the previous month's spending conditions and increase benefits as the number of uses increases.

Customers can receive cashback benefits based on the number of times they use the card at domestic merchants, regardless of the previous month's spending amount. From the 1st to the end of each month, the number of times the KakaoBank Shinhan Card is used for purchases over 5,000 KRW is counted, and the cashback amount increases in increments of 10 uses.

For example, using the card 10 times or more earns 2,000 KRW cashback, 20 times or more earns 5,000 KRW, 30 times or more earns 10,000 KRW, and using it 70 times or more can return up to 50,000 KRW. This structure adds an element of fun, similar to completing missions in a game to earn items.

Additionally, services are provided in daily life areas frequently used, such as delivery apps and Kakao T. When the KakaoBank Shinhan Card is registered on delivery apps like Baedal Minjok and Yogiyo and used for purchases over 5,000 KRW, a 3,000 KRW cashback benefit is given.

Furthermore, when using Kakao T services, registering the KakaoBank Shinhan Card and spending over 5,000 KRW provides a 3,000 KRW cashback benefit. Kakao T services include Kakao Taxi, Kakao Parking, Kakao Daeri (designated driver), and Kakao Bike. Cashback for delivery apps and Kakao T services is provided when the previous month's spending exceeds 400,000 KRW, with up to two times per month and a maximum cashback of 6,000 KRW each.

The annual fee for the KakaoBank Shinhan Card is 15,000 KRW for domestic use only and 18,000 KRW for international use (Visa, MasterCard).

This content was produced with the assistance of AI translation services.