Shinhan Card Point Plan Card Annual Fee Analysis (10 Types)
1. Shinhan Card Point Plan Card Annual Fee Types:
Domestic only: 20,000 won/year
Overseas use: 23,000 won/year
Check card: None
2. Annual fee benefits:
Domestic/international payment accumulation rate +0.1%: Additional accumulation in addition to the basic accumulation rate
Shinhan Card membership benefits: Discounts on cultural activities such as movies, performances, exhibitions, etc.
Customized benefits for each membership level: More special benefits provided to VIP level customers
3. Tips for taking advantage of annual fee benefits: 신한카드 포인트 플랜 카드
Check membership benefits within the My Shinhan app: Check the types of benefits and discount rates provided
Actively utilize cultural life benefits that interest you: Apply discounts when purchasing tickets for movies, performances, exhibitions, etc.
Efforts to upgrade membership level: provide more special benefits 이베이스매뉴얼
4. Annual fee offset strategy:
Achieving the goal of average monthly card usage amount: applying a high accumulation rate and providing additional benefits
Take advantage of weekend dining out/automatic payment benefits for regular payments: Consistently accumulate points through fixed spending
Payment of essential living expenses: High savings when paying essential living expenses such as convenience stores, supermarkets, department stores, etc.
Shinhan SOL Pay/App Payment: Accumulate additional points and provide various benefits
Take advantage of membership benefits: Discounts on cultural activities such as movies, performances, exhibitions, etc.
5. Example of annual fee offset calculation:
Average monthly card usage amount: 1 million won
Domestic-only card annual fee: 20,000 won
Average monthly benefit amount: 25,000 won (point accumulation, membership discount, etc.)
Annual fee offset: 25,000 – 20,000 = 5,000 (offset by 5,000 won per month)
6. Reduce annual fee burden:
Select a card that suits the purpose of card use: Select a card for both domestic and international use depending on the frequency of overseas payments
Take advantage of annual fee discount events: Take advantage of seasonal discount events such as new sign-ups, card changes, etc.
Issuing a family card with family/friends: Save annual fees and add points
7. Precautions:
Annual fee charged annually: automatically charged unless cancelled.
Disadvantages occur if you do not utilize the annual fee benefit: Annual fee cannot be offset
Possibility of increased annual fee burden when card usage patterns change: It is important to choose a card that suits the purpose of card use
8. Conclusion:
The annual fee for the Shinhan Card Point Plan card is 20,000 won or 23,000 won.
You can offset the annual fee by actively taking advantage of the annual fee benefit and increasing the amount you use your card.
It is important to reduce the burden of annual fees by choosing a card that suits your spending patterns and purpose of card use.