3% Discount on Essential Business Expenses... Samsung Card Launches 'Biz DID Platinum'
Samsung Card is launching a premium business card that offers discounts on essential business expenses such as the four major insurances and fuel.
On the 31st, Samsung Card announced the release of the business product 'Biz THE iD Platinum' under its new premium card lineup 'THE iD'.
This product is characterized by providing discounts on various essential business expenses. When the previous month's spending requirement is met, users can receive a 3% discount on areas including ▲the four major insurances ▲electricity bills ▲city gas bills ▲fuel ▲discount stores. Payments made at domestic and international merchants earn a 1.2% reward with no limit or previous month spending requirement. Additionally, it offers a 'VAT refund convenience support service' for business owners and a benefit of 250 free electronic tax invoices per month.
Other benefits include an annual gift once per year, six airport lounge visits per year (for the cardholder), and valet parking up to five times per month (at domestic luxury hotels and Incheon Airport). The gift can be chosen annually from one of the following categories worth approximately 150,000 to 160,000 KRW upon meeting application conditions: ▲hotel ▲golf ▲fashion ▲duty-free ▲gift certificates.
Users can also access the 'Dine with Mastercard' service provided in collaboration with Mastercard. When spending over 60,000 KRW at selected hotel restaurants, a 30,000 KRW discount is available, or when spending over 40,000 KRW at hotel bakeries, a 20,000 KRW discount applies. These benefits are provided once per month and up to three times per year upon meeting the previous month's spending requirement.
The card design is also customizable. For an additional fee of 50,000 KRW, users can select an InMetal card plate (a metal card with PVC coating). A notch can be added at the bottom of the card to distinguish the top and bottom directions.
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The annual fee for Biz THE iD Platinum is 240,000 KRW for the international version (Mastercard). Mastercard World services, which offer discounts on domestic hotels, golf courses, and airport pickups, are also included.
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