"No Conditions or Limits on Discounts"... KakaoBank Launches Samsung Card
Annual Fee 7,000 KRW
Ryan Character Sticker Set Gift
[Asia Economy Reporter Ki Ha-young] Samsung Card announced on the 28th that it has launched the 'KakaoBank Samsung Card' in collaboration with KakaoBank, offering discount benefits with an annual fee of 7,000 KRW without any previous month spending requirements or discount limits.
This card provides a 0.5% discount benefit at all domestic and international merchants without any discount limit regardless of the previous month's spending. In particular, essential daily life sectors such as discount stores, convenience stores, and supermarkets offer a 1% discount benefit without any discount limit regardless of the previous month's spending.
Samsung Card analyzed the consumption patterns of KakaoBank users and reflected trends in its product services. First, if the previous month's spending exceeds 500,000 KRW, a 3% discount benefit is provided up to a maximum of 5,000 KRW per month for payments made in online shopping malls, delivery apps, health & beauty, and fresh food delivery sectors.
Additionally, a 5% discount benefit up to 5,000 KRW per month is given for coffee shops and public transportation sectors. For streaming sectors such as Netflix, Wavve, and Melon, if the previous month's spending exceeds 500,000 KRW, a 20% discount benefit up to 5,000 KRW per month is provided for payments of 6,000 KRW or more per transaction. Furthermore, at movie theaters such as CGV and Lotte Cinema, a 5,000 KRW discount benefit is provided once a month for payments of 12,000 KRW or more. For payment amounts exceeding the discount limits in each sector, a basic 0.5% discount benefit is applied without limit.
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Samsung Card designed the card using Ryan, a popular character from Kakao Friends. The card uses Samsung Card’s brand color blue, symbolizing trust, and places the card number, expiration date, and international brand logo all on the back. Samsung Card provides customers who receive the card with a Ryan character sticker set along with the physical card.
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