Shinhan Card Launches National Happiness Card Supporting Pregnancy, Childbirth, and Childcare

Discounts for Everyday Businesses, Specialized Services for Millennial Consumers

[Asia Economy Reporter Ki Ha-young] Shinhan Card announced on the 15th that it will launch the 'Shinhan National Happiness Card,' which can be used for pregnancy and childbirth expenses, childcare fees, early childhood education fees, and various social service vouchers.

This card is a newly launched card that integrates the existing National Happiness Card, which provides electronic vouchers for social services such as pregnancy and childbirth medical expenses, with the 'Child Happiness Card' service, an authentication card supporting childcare fees and early childhood education fees. From April 1, government-supported vouchers for pregnancy, childbirth, and childcare can be used with a single card. However, childcare fees and early childhood education support vouchers can be used immediately upon card issuance even in March.

The Shinhan National Happiness Card credit card offers a 5% discount on amounts used at hospitals including dental clinics and Korean medicine clinics, pharmacies, and postpartum care centers, and a 10% discount at daycare centers and kindergartens for parental contributions, academies, and online bookstores (YES24, Aladin, Kyobo Bookstore). Discounts apply twice a month with a limit of 5,000 KRW per transaction.

Additionally, it provides a 50% discount once a month up to 5,000 KRW per transaction on major online video services (OTT) such as Netflix and YouTube Premium, and a 10% discount on food delivery apps like Baedal Minjok and Yogiyo (twice a month, up to 5,000 KRW per transaction). A 5% discount is also available when using services like Coupang, SSG.com, and 11st.

The Shinhan National Happiness Card credit card discount service offers a maximum integrated monthly discount of 40,000 KRW depending on the previous month's spending. (10,000 KRW discount for 300,000?600,000 KRW, 20,000 KRW for 600,000?1,000,000 KRW, and 40,000 KRW for over 1,000,000 KRW)

The Shinhan National Happiness Card check card offers a discount of up to 3,000 KRW once a month at hospitals, pharmacies, and online malls, and a 5% discount up to 3,000 KRW per transaction once a month on education sectors excluding academies and food delivery app usage. (Up to 15,000 KRW integrated discount limit applies depending on the previous month's spending)

Furthermore, differentiated financial services utilizing the Shinhan Financial Group network are provided, such as exemption from Shinhan Bank electronic financial transfer fees and CD/ATM withdrawal fees, exemption from service fees when linked with Shinhan Financial Investment CMA settlement accounts, and a 5% discount when subscribing to Shinhan Life children's insurance.

To commemorate the card launch, an event is also being held. Until April, if there is a voucher payment history using this card for daycare childcare vouchers, pregnancy and childbirth medical expenses, or child care vouchers, you can choose one of the following: 10,000 My Shinhan Points, a Starbucks Mango Passion Fruit drink, or a Tayo NeoShield yellow dust mask.

The annual fee for the Shinhan Card National Happiness Card is free for both credit and check cards, and applications can be made through the Shinhan Card website, Shinhan Bank branches, the government welfare website, or local community centers.

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