Hyundai Card "Pay Your Monthly Rent with Card Too"

'Real Estate Rent Credit Card Auto-Payment' Open
Some Partner Cards Excluded, Monthly Rent Also Included in Previous Month's Performance

[Asia Economy Reporter Ki Ha-young] Hyundai Card announced on the 12th that it will launch the 'Real Estate Rent Credit Card Automatic Payment' service, which allows monthly rent payments for apartments, officetels, and commercial properties using a credit card.

Designated as an innovative financial service by the Financial Services Commission in December last year, this service offers cash liquidity to tenants and stable monthly rent collection to landlords.

In particular, Hyundai Card enables customers to maximize benefits such as point accumulation or discounts by reflecting the monthly rent payment in the previous (or current) month's spending performance. (However, some affiliated cards are excluded.)

This service is available to both tenants and landlords, and the application process is very simple. After registering the lease contract details on the Real Estate Rent Credit Card Automatic Payment service page, users enter the payment card information, landlord's consent status, and the rent collection account. The payment fee is 1% of the monthly rent and must be borne by either the tenant or the landlord.

Once the document verification is complete after application, the service can be used immediately.

A service launch promotion is also underway. Hyundai Card will provide a 1% cashback on the total amount automatically paid for rent to customers who apply for the Real Estate Rent Credit Card Automatic Payment service within this year and make automatic rent payments for six consecutive months until June next year.

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