Shinhan Card Launches "Mercedes-Benz Premium PLCC"

On April 13, Shinhan Card announced the launch of the "Mercedes-Benz Shinhan Card," a premium PLCC (Private Label Credit Card) developed in partnership with Mercedes-Benz Korea.

The two companies explained that the card was designed to not only provide benefits related to Mercedes-Benz but also to strengthen practical services that are useful in daily life.

The Mercedes-Benz Shinhan Card is available in three types based on card benefits: Manufaktur, Exclusive, and Avantgarde. All three variants offer annual gift services, as well as either a spending discount or mileage accumulation, fuel and charging discounts, discounts on Mercedes-Benz products, airport lounge access, and more.

With the Manufaktur Mercedes-Benz Shinhan Card, cardholders can choose one annual gift: a discount-type 550,000 MyShinhan Points, 30,000 Korean Air Skypass miles, a 550,000 won Shinsegae gift certificate, a 600,000 won hotel voucher, or a 650,000 won dining voucher.

The Exclusive Mercedes-Benz Shinhan Card offers an annual gift of either a discount-type 120,000 MyShinhan Points, 6,000 Korean Air Skypass miles, a 120,000 won Shinsegae gift certificate, or a 150,000 won dining voucher.

The Avantgarde Mercedes-Benz Shinhan Card provides 50,000 MyShinhan Points as an annual gift. Depending on the previous month’s spending, cardholders can receive up to a 1.2% discount on domestic spending and up to 2% off overseas spending on the payment date. There is no limit on the amount that can be discounted.

The annual fee for the Manufaktur Mercedes-Benz Shinhan Card is 697,000 won for domestic use and 700,000 won for international use (Mastercard). The Exclusive Mercedes-Benz Shinhan Card costs 197,000 won and 200,000 won, respectively, while the Avantgarde Mercedes-Benz Shinhan Card is priced at 77,000 won and 80,000 won, respectively.

Applications for the Mercedes-Benz Shinhan Card can be made via a dedicated link sent by Mercedes-Benz at the time of new vehicle purchase. However, the Avantgarde Mercedes-Benz Shinhan Card is available for application on the Shinhan Card website and app, regardless of vehicle purchase.

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