'1.5% Cashback on Car Purchases with Card' Shinhan Card Cashback Event
1.5% Cashback for New Car Buyers Paying Over 20 Million KRW by Credit Card
Additional 0.2% Cashback Available for Shinhan Card MyCar Card Users
[Asia Economy Reporter Yu Je-hoon] Shinhan Card announced on the 11th that it will hold a car card payment event for customers considering purchasing a new car by the end of this month.
Through this event, Shinhan Card offers up to 1.5% cashback benefits for lump-sum payments on all models of domestic and imported new cars. Customers who apply in advance before purchasing a car and pay over 20 million KRW with a credit card will receive 1.5% cashback, and those who pay over 5 million KRW will receive 1.0% cashback. Customers who pay with a check card can receive 0.5% cashback when paying over 5 million KRW.
Services are also prepared for customers who wish to use installment payments instead of lump-sum payments. Customers who pay over 20 million KRW with a credit card and use a 6-month installment plan will be offered interest-free installment benefits instead of cashback.
An additional event offers 0.2% cashback (up to 100,000 KRW) to customers who pay the car price with the Shinhan Card MyCar card. Eligible customers are those who have paid over 5 million KRW for car purchases with this card and have used at least 1 million KRW cumulatively (excluding the car purchase amount) within 3 months from the month of purchase.
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Shinhan Card will also hold an event until the end of next month, providing 1% of the loan amount up to a maximum of 200,000 points in My Shinhan Points when purchasing certified used cars registered in MyCar with Shinhan Card’s used car financial products.
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