"10% Cashback on All Shopping Categories"... Shinhan Card Launches 'Unboxing Card'

Up to 70,000 KRW Monthly Benefits with One Use
Nation's First Digital Process for Separate Shipping Fees Established... Shipping Fee Discounts

[Asia Economy Reporter Ki Ha-young] Shinhan Card announced on the 27th that it has launched the 'Shinhan Card Unboxing,' a card specialized for shopping that offers 10% cashback and shipping fee discounts.

This card provides a 10% cashback service on shopping with no per-transaction limit, up to 50,000 KRW per month based on the previous month's spending. If the cardholder spends more than 200,000 KRW overseas in the previous month, an additional 20,000 KRW limit is added, allowing up to 70,000 KRW cashback per month.

The card covers almost all areas of shopping both online and offline, including major online shopping malls (Coupang, 11st, Gmarket, SSG.COM, LotteON), SOHO online malls (Compuzone, 10x10, 29CM, Gangajidaetongryeong, Goyangidaetongryeong, Golping, Londonnori, Timemeca, Vivaruby, Berrycloset, Baon, etc.), department stores (Lotte, Hyundai, Shinsegae), large discount stores (Emart, Homeplus, Lotte Mart), warehouse-type marts (Traders, IKEA), premium outlets (Lotte, Hyundai, Shinsegae), home shopping (GS, Lotte, Hyundai, CJ), convenience stores (CU, GS25, 7-Eleven, Emart24), and Shinhan Card All That Shopping.

Particularly noteworthy is the shipping fee discount service. Shinhan Card has established the first domestic system that distinguishes actual shipping fees from purchase details to provide discounts. This service offers benefits for small payments under 30,000 KRW, which is expected to be a practical help for customers who hesitated to purchase products due to shipping costs.

The service integrates shipping fees from SOHO online mall Trend Shop, Malltail overseas direct purchase shipping fees, Courier Finder shipping fees, Naver Plus Membership, Coupang Rocket Wow, and LotteON Lotte Owners membership monthly fees, providing up to six discounts per month with 2,500 KRW off per transaction.

The shopping cashback and shipping fee discount services are available for customers with a previous month's spending of 400,000 KRW or more.

Meanwhile, if issued under the Amex brand, the card comes with Amex Platinum status, allowing free use of platinum services such as two visits per year to the Incheon Airport lounge and three valet parking services per month at Incheon Airport and major domestic hotels upon meeting a previous month’s spending of 300,000 KRW. Additionally, from October, Shinhan Card customers will have access to an Amex overseas shopping site. When paying with the Unboxing card on this site, an additional 5-10% cashback on top of the basic benefits is provided.

The annual fee for the Unboxing card is 32,000 KRW for domestic-only use and 35,000 KRW for overseas use (Amex). It can also be issued as a mobile-only card, allowing customers who want online shopping benefits to use it immediately upon issuance.

Furthermore, customers who have no prior experience with Shinhan Card can apply through D-Club, the industry's first 100% digital platform membership program, enjoying benefits such as digital security services and D-Club exclusive reward programs.

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