"From Car Purchase to Management in One Go"…Shinhan Card Launches 'Shinhan Card MyCar'

Benefits Provided Regardless of Car Purchase Method When Buying a New Car
Up to 40,000 KRW Monthly Cashback for Purchases via Auto Financing Such as Installment Loans

[Asia Economy Reporter Ki Ha-young] Shinhan Card announced on the 8th that it has launched 'Shinhan Card MY CAR,' a car-exclusive product that offers various services related to automobiles.

When purchasing a car with this card, cashback benefits are provided regardless of the purchase method. If you buy a new car with a lump-sum payment or a short-term installment plan of less than 12 months, you will receive 0.2% cashback on the purchase amount, up to a maximum of 100,000 KRW.

In particular, if you use auto financing such as long-term installments of 12 months or more, installment financing, long-term rental, or leasing, you can receive up to 40,000 KRW cashback monthly depending on the vehicle purchase amount and the previous month's card usage amount.

The MY CAR card also offers various benefits for automobile-related industries. When refueling gasoline or charging LPG at all gas stations and charging stations, you can get a discount of 80 KRW per liter for gasoline (diesel is converted and applied as gasoline) and 40 KRW per liter for LPG. (Discounts are provided up to a maximum monthly refueling and charging amount of 150,000 KRW.) For electric vehicle charging, a 30% discount on the charging amount is offered (up to 10,000 KRW per month).

Additionally, when using vehicle maintenance services (Speedmate, Auto Oasis, Hyundai Bluehands, Kia AutoQ), you get a 20,000 KRW discount, and when using parking or KakaoT designated driver services, you get a 2,000 KRW discount. Using this card at coffee shops also provides a 500 KRW discount. (Vehicle maintenance discounts are available once per month and twice per year; parking and designated driver discounts are available once per day and twice per month; coffee discounts are available once per day and four times per month.)

If you issue and use a dedicated Hi-Pass card for the MY CAR card, you will also receive a 1,000 KRW discount once per month.

The annual fee for the MY CAR card is 27,000 KRW for domestic use only and 30,000 KRW for international use (MasterCard). You can also apply for and receive the Hi-Pass card simultaneously, with an annual fee of 2,000 KRW.

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