Shinhan Investment Corp. Launches 'Alpha Plus Card' for Stock Investment Using Credit Card Points

Shinhan Investment Corp. announced on the 8th that it has launched the 'Alpha Plus Card,' a credit card dedicated to stock investment.

This card allows users to accumulate credit card usage points into their Shinhan Investment Corp. account and invest not only in domestic and overseas stocks but also in financial products such as bonds and funds. The Alpha Plus Card, introduced through a partnership between Shinhan Investment Corp. and Shinhan Card, features an impressive accumulation rate. Users earn 5% back on spending at convenience stores, telecommunications fees, and coffee shops, and 3% back at large supermarkets, department stores, and gas stations. The maximum monthly accumulation is 40,000 KRW (480,000 KRW annually).

By linking card points to a micro-investment service, monthly installment investments are also possible. For example, if a user sets a purchase of Apple stock worth 5,000 KRW, every time 5,000 KRW in points accumulate, 0.02 shares of Apple stock (assuming Apple’s stock price is under 250,000 KRW) are automatically purchased, allowing users to gradually build Apple stock monthly as if saving. The concept is that customers just use the card, and stocks accumulate automatically.

Additionally, customers can receive consulting from investment experts. The digital private banker (PB) consulting service, currently provided to high-net-worth clients of Shinhan Investment Corp., is now available to cardholders. Regardless of the investment amount, a dedicated PB is matched after card issuance to provide investment consultations on stocks, bonds, pensions, and more. Furthermore, the paid investment information service 'Investment Plus' is offered free for two weeks.

To celebrate the card launch, Shinhan Investment Corp. is holding a customer event until the 31st of next month. Customers who issue the Alpha Plus Card and spend more than 20,000 KRW will receive a 20,000 KRW overseas stock gift certificate.

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