'Naver Hyundai Card' Released... "Up to 10% Points Accumulation on Naver Shopping"

Hyundai Card Launches PLCC with Naver
Annual Fee 10,000 KRW · Based on Naver Plus Membership Benefits

[Asia Economy Reporter Ki Ha-young] A card that allows up to 10% accumulation on Naver Shopping has been released.

Hyundai Card and Naver announced on the 26th that they have launched the 'Naver Hyundai Card,' a private label credit card (PLCC). This card is characterized by offering various benefits that cover all areas of Naver, including shopping, digital content, and easy payment, based on Naver Plus Membership benefits.

The most notable feature is the benefit of up to 10% accumulation when using Naver Shopping. Naver Plus Membership members using the Naver Hyundai Card receive 10% of their spending up to 200,000 KRW per month as Naver Pay points when purchasing products eligible for membership-exclusive accumulation. (Naver Plus Membership 5% + Naver Hyundai Card 5% accumulation) Additionally, at general merchants, users can accumulate 1% of the payment amount without any limit.

A Naver Plus Membership subscription is also provided free of charge every month. Naver Plus Membership is Naver's paid membership service that includes benefits such as up to 5% accumulation on Naver Pay when shopping, unlimited access to TVING broadcast VOD, digital content like Naver Webtoon Cookies, and additional accumulation benefits on Membership Day. The monthly subscription fee is 4,900 KRW.

The Naver Hyundai Card also features a three-tier system that offers data science-based customized coupon benefits and various lifestyle subscription services at reasonable prices. There are a total of six card plate designs.

Various events will be held to commemorate the card launch. On September 2, Minhyuk of the six-member idol group MONSTA X will showcase the unboxing of the Naver Hyundai Card live on Naver Now. Additionally, representative Naver Webtoon artists such as Kim Yong-ki of "Hell Is Other People," Lee Dong-geon of "Yumi's Cells," and Rangtto of "Gadam Hangseol" plan to introduce this card through their respective webtoons.

The annual fee is 10,000 KRW for both domestic-only and domestic/international (Visa) cards, and customers who issue the card and make a payment of 10,000 KRW or more by September 30 will receive a 100% cashback on the annual fee.

A Hyundai Card official said, "Since signing the partnership agreement, Hyundai Card and Naver have created a PLCC that provides optimized benefits to Naver users through various projects such as customer analysis and consumption trend research," adding, "The two companies plan to provide differentiated experiences to Naver users through continuous collaboration in marketing, branding, and more."

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