'MUSINSA Hyundai Card' Launch..."5% Charge Discount on Sold Out"

Musinsa Discount Coupons Can Be Used Together
1% of Payment Amount as 'Musinsa Points' at All Affiliate Stores

[Asia Economy Reporter Ki Ha-young] Hyundai Card and Korea's leading fashion platform Musinsa launched the 'Musinsa Hyundai Card' on the 12th.

The Musinsa Hyundai Card is a private label credit card (PLCC) that closely analyzes the consumption tendencies of the MZ generation, featuring simple discount benefits.

This card offers a 5% billing discount on payments made at Musinsa Store and Musinsa's limited edition market 'Soldout.' In particular, the Musinsa Store discount can be used in conjunction with discount coupons provided by Musinsa. Additionally, 1% of the amount paid at all other affiliated merchants is accumulated as 'Musinsa Points.' Musinsa Points can be used like cash at Musinsa.

The design also presents eight options that wittily reinterpret Musinsa's identity and fashion materials such as Musinsa Magazine, sneakers, and jeans. The annual fee is 10,000 KRW for both domestic-only and domestic/international (Mastercard) versions.

Hyundai Card is also conducting special events for Musinsa Hyundai Card customers. Until December 31 of this year, customers who spend more than 21,000 KRW at Musinsa Store will receive an immediate 20,000 KRW discount. Also, until the 25th of this month, customers who spend more than 50,000 KRW at Musinsa Store will be entered into a draw to win limited edition sneakers such as the 'Air Jordan 1 Retro High OG x Travis Scott' and 'Nike SB Dunk Low Pro Chicago,' with a total of eight winners. Both events are for customers who register the Musinsa Hyundai Card on Musinsa Pay and make payments.

Meanwhile, Musinsa is Korea's 10th unicorn company with 8 million members and over 5,700 affiliated brands. Notably, customers in their teens and twenties account for 70% of the total, showing absolute support from the MZ generation.

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