Shinhan Card Launches "The Best-XO" After Adding Benefits Based on Customer Feedback
Gift Options, Gas Station Point Accumulation,
Point Accumulation Platforms, and Available Lounges
Shinhan Card announced on October 1 that it will relaunch "The Best-XO," an upgraded version of "The Best-X" card, which was first introduced in February, with additional services.
The company explained that it decided to relaunch the product after analyzing the usage patterns of existing customers and adding new services accordingly.
Customers can choose between two types: the "My Shinhan Point Type," which accumulates points for domestic and overseas transactions, and the "SKYPASS Type," which accumulates Korean Air mileage.
A key feature is the flexibility in gift options, which now include department stores, hotel dining, travel and airline vouchers, and mileage, allowing customers to use them freely.
An additional service has been added to the existing gift options, allowing customers to accumulate 200,000 My Shinhan Points.
The My Shinhan Point Type accumulates 1% of domestic and overseas spending as points. If customers spend more than 3 million won in the previous month, an additional 0.5% is accumulated.
The SKYPASS Type accumulates 1 mile for every 1,500 won spent domestically or overseas. If customers spend more than 3 million won in the previous month, they can earn an additional 1 mile for every 3,000 won spent, up to a maximum of 5,000 miles per month.
For both types, if payment is made through Shinhan SOL Pay in Korea, an additional 0.5% of the transaction amount is accumulated as points, up to a monthly maximum of 30,000 points. In addition, simple payment platforms such as Naver Pay and Coupay have been added as eligible platforms for point accumulation.
For overseas payments, an additional 1% of the lump-sum transaction amount is provided as extra points.
A new service has also been added, providing an additional 3% of all gas station spending as points, up to a monthly maximum of 20,000 points.
Depending on the annual spending amount, customers can receive up to 170,000 won in cashback. For annual cumulative spending of 30 million won, 70,000 won in cashback is provided; for 60 million won, 100,000 won in cashback is offered.
Customers can also enjoy a 2,000 won discount at coffee chains (Starbucks, The Coffee Bean, Twosome Place) and a 7% discount on taxi fares as part of the daily life discount service.
The "The Lounge" service, which allows free access to airport lounges worldwide via the application, has also been upgraded. Customers can use it up to 10 times per year. Access to the Matina Gold Lounge is also included, with each visit deducting two uses from the annual limit.
The Best-XO features a silver card plate with a metallic pattern and a dedicated package design, similar to The Best-X. A metal plate version is planned for future release.
Existing The Best-X customers can receive The Best-XO benefits without changing their card.
The annual fee for the My Shinhan Point Type is 297,000 won for domestic use only and 300,000 won for international use (Mastercard).
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The SKYPASS Type is 317,000 won for domestic use only and 320,000 won for international use (Mastercard).
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