"Earn 2.5% Rewards When Paying with KakaoPay"…Samsung Card Launches KakaoPay Card

Annual Fee 10,000 KRW with Kakao Pay Points Accumulation Benefits
Additional Benefits Through Promotion Until the End of This Year
First 200,000 Card Issuance Customers Receive 'Niniz Stickers' on a First-Come, First-Served Basis

[Asia Economy Reporter Ki Ha-young] Samsung Card announced on the 31st that it has launched the 'KakaoPay Credit Card,' a private label credit card (PLCC) that offers KakaoPay Point accumulation benefits in collaboration with KakaoPay.

The card's biggest feature is providing highly versatile KakaoPay Point accumulation benefits. KakaoPay Points can be used like cash at various online merchants. First, regardless of the previous month's spending, users receive 1% KakaoPay Points on all overseas merchant payments with no accumulation limit. Additionally, depending on the previous month's usage amount, up to 3,000 KakaoPay Points are provided for automatic payment of telecommunication bills, and 10% KakaoPay Points are accumulated for subscription payments to streaming services such as Netflix, Wavve, TVING, and Watcha.

The KakaoPay Credit Card offers additional benefits through a promotion running from June 1st until the end of the year. The promotion benefits have no previous month spending requirements or accumulation limits, and provide greater benefits when using Kakao services.

First, when paying at domestic merchants with the KakaoPay Credit Card, 1% KakaoPay Points are accumulated, and when paying through KakaoPay, 2% KakaoPay Points?double the regular payment rate?are accumulated. Especially, when using Kakao's major merchants through KakaoPay, 2.5% KakaoPay Points are accumulated based on the payment amount. Eligible merchants include Melon, KakaoT (excluding train ticket reservations), KakaoTalk Gift, KakaoTalk Order, KakaoTalk Shopping, Kakao Friends Shop (excluding department stores, malls, and airport stores), Kakao Hair Shop, Kakao Makers, Kakao Page, Kakao Golf Reservation, Kakao Friends Golf, Kakao Emoticon Shop, MY Subscription (Emoticon Plus, Talk Drawer Plus), KakaoTalk Channel subscription products (rental, regular delivery, etc.), Daum Games, and more, allowing users to earn substantial accumulation benefits through KakaoPay purchases at various merchants.

Also, until the end of June, a coupon promotion is underway where users receive a 10,000 KRW discount coupon when paying 10,100 KRW or more via KakaoPay. This promotion is offered twice in total, allowing for a maximum coupon discount benefit of 20,000 KRW. Additionally, Samsung Card will provide Niniseu stickers on a first-come, first-served basis to 200,000 card issuance customers.

The KakaoPay Credit Card design features popular characters from Kakao Niniseu, including Jordi, Scappy, and Angmond. It also applies a numberless plate, the first among PLCCs, removing card numbers and other details to highlight the character design and minimize unnecessary card information exposure. A simple metal plate design will be introduced later.

The annual fee is 10,000 KRW for both domestic-only and international (Visa) versions. The international version offers Visa Platinum and Young Premium services, providing various discounts on hotels, travel, dining, and more.

A Samsung Card official stated, "'KakaoPay Credit Card' is a product that offers abundant KakaoPay Point accumulation benefits with a reasonable annual fee of 10,000 KRW," adding, "We plan to continue discovering and providing useful benefits to customers in collaboration with KakaoPay."

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