Kakao Pay Credit Card, Up to 3% Rewards Without Performance or Limit Conditions

[Asia Economy Reporter Seong Giho] Kakao Pay announced on the 4th that it will expand the service of the ‘Kakao Pay Credit Card.’ Users of the ‘Kakao Pay Credit Card’ can accumulate up to 3% of their payment amount as ‘Kakao Pay Points’ and enjoy greater benefits.

The Kakao Pay Credit Card is a private label credit card (PLCC) jointly planned by Kakao Pay and Samsung Card, specialized in accumulating Kakao Pay Points that can be used like cash when paying with Kakao Pay.

Kakao Pay will end the seasonal accumulation promotion service that has been conducted so far and provide a fixed product service without restrictions on the period or previous month’s performance. By registering the Kakao Pay Credit Card with Kakao Pay and making payments through ‘KakaoTalk Gift,’ users can receive 3% of the payment amount back as Kakao Pay Points.

Compared to the existing promotion where using certain Kakao services earned 2.5% of the payment amount as points, the benefit has increased by 0.5%. The service also provides 2% accumulation as Kakao Pay Points at Kakao Pay payment merchants and 1% accumulation at domestic and overseas stores for general payments even if not paid with Kakao Pay.

In addition to the existing three types, a new card design has been added. For users who prefer a lower character plate preference, a simple design black plate card reflecting Kakao Pay’s brand identity will be released. The ‘Numberless Plate’ (a design without card numbers), which enhances personal information security, will continue.

Kakao Pay and Samsung Card have planned various events to coincide with this service expansion. Detailed information can be confirmed through Kakao Pay. The annual fee for the ‘Kakao Pay Credit Card’ is 10,000 KRW for both domestic and international use. For international use, Visa Platinum and Young Premium services are provided, offering various discounts on hotels, travel, dining, and more.

Kakao Pay stated, “To provide greater benefits to financial consumers without restrictions, we have ended the promotion and switched to a fixed product service,” and added, “We hope many consumers enjoy various event benefits while also utilizing the more versatile Kakao Pay Points.”

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