Nexen Tire, Hyundai Card launch co-branded card for tire rental service

Nexen Tire has partnered with Hyundai Card to launch a co-branded credit card for customers of its tire subscription rental service Nextlevel, the company announced Tuesday.

The card is designed to make premium tires more affordable by dramatically lowering the cost of using the Nextlevel rental service. Cardholders receive monthly billing discounts based on the previous month's spending: 8,000 won for spending of 400,000 won ($291) or more, 12,000 won for 800,000 won or more, and 16,000 won for 1.2 million won or more. The annual card fee is 20,000 won.

To mark the launch, Nexen Tire is also running a special promotion to reduce rental costs further. Customers who have not used a Hyundai Card in the past six months and sign up for automatic rental fee transfers with the Nexen Tire Hyundai Card can receive an additional discount of up to 15,000 won per month for up to 36 months, depending on their previous month's spending.

Combined with the standard discount, the total benefit can reach up to 27,000 won per month.

As more consumers seek to use premium tires without a heavy upfront cost, the number of new Nextlevel customers in 2025 more than doubled compared with 2020. Cumulative rental sales have also more than doubled since surpassing 1 million units in 2021.

Nextlevel is offered in two products tailored to customer needs: the Budget Care rental and the Peace-of-Mind Care rental. Budget Care covers installation, inspection and one tire rotation, while Peace-of-Mind Care adds one wheel alignment and a free early-wear warranty. Both products include free replacement in the event of tire damage caused by user error during the contract period and are available at more than 800 affiliated rental stores nationwide.

"This card launch is meaningful in that it presents a concrete solution for customers to use premium tires more affordably," a Nexen Tire official said. "We will continue to actively develop a variety of partnership benefits and promotions to enhance customer convenience and satisfaction."

Meanwhile, Nexen Tire is expanding its customer touchpoints through a range of marketing activities, including co-hosting the third round of the Nexen Tire Speedway Motor Festival with Everland Speedway.