Shinhan Card Partners with Singapore Airlines... Launches Korea's First Card Linked with Foreign Airline

'Singapore Airlines KrisFlyer The Best Shinhan Card' Launch
Mileage Accumulation Benefits Provided on Payment

Shinhan Card is partnering with Singapore Airlines to launch a strategic co-branded card product. This is the first time a foreign airline and a card company have jointly released a linked product.

Shinhan Card announced on the 7th that it has launched the "Singapore Airlines KrisFlyer The Best Shinhan Card" (hereinafter referred to as the Singapore Airlines Shinhan Card).

This product is based on Singapore Airlines' loyalty program, KrisFlyer Membership, and awards 2 KrisFlyer miles for every 1,500 KRW spent. Additional miles of up to 3.5 miles per 1,500 KRW can be earned at overseas, duty-free shops, golf courses, and Singapore Airlines-related spending. By using the "Booster Miles" service and paying 1% of the Singapore Airlines Shinhan Card usage amount as a fee, an additional 1 mile per 1,500 KRW is credited.

Additionally, an annual benefit of 15,000 miles is provided, with extra mileage benefits based on spending performance. If you spend over 10 million KRW annually, you receive a coupon that offers a 5,000-mile discount when purchasing mileage tickets. Spending over 20 million KRW grants a bonus of 2,000 miles.

Singapore Airlines is the national carrier of Singapore, operating in 121 cities across 38 countries worldwide. The "KrisFlyer miles" program includes not only Singapore Airlines but also Asiana Airlines, United Airlines, Lufthansa, and others. It can be used with Star Alliance airlines, which serve over 1,000 destinations in more than 170 countries, as well as Scoot Airlines, Singapore Airlines' low-cost carrier (LCC).

The annual fee for the "Singapore Airlines Shinhan Card" is 250,000 KRW for MasterWorld and 247,000 KRW for domestic-only cards. When selecting the Mastercard brand, additional services such as worldwide ticket issuance through the official Singapore Airlines website and overseas shopping benefits are available. For more details, please check Shinhan Play or the Shinhan Card website.

Shinhan Card plans to lead with this first co-branded product and pursue various joint marketing initiatives linked to business trips, food and beverage, and shopping businesses with Singapore Airlines in the future.

Moon Dong-kwon, CEO of Shinhan Card, stated, "We will continue to discover innovative marketing and various partnership projects by integrating Shinhan Card's domestic and international businesses with our global network."

Moon Dong-kwon, President of Shinhan Card (far left), attended the launch ceremony of the membership partnership linked card 'Singapore Airlines KrisFlyer The Best Shinhan Card' on the 4th at Marina Bay Sands Hotel in Singapore, posing for a commemorative photo with Joan Tan, Senior Vice President of Marketing Planning at Singapore Airlines (center), and Ari Sarker, Mastercard Asia-Pacific Regional Head. (Photo by Shinhan Card)

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