Shinhan Card launches debit card for integrated bank-securities account with up to 1.1% rewards

Shinhan Card has unveiled a debit card that bundles banking, securities and card benefits into a single product. Designed exclusively for Shinhan Financial Group's integrated bank-securities account, the card earns up to 1.1% in points when customers pay at domestic merchants using Shinhan Super SOL.

Shinhan Card announced Thursday the launch of the SOL LINK Shinhan Card Point Plan debit card, tied to the SOL LINK account — Shinhan Financial Group's integrated bank-securities account.

Shinhan Financial Group had previously introduced Super SOL, its integrated financial app, followed by the SOL LINK integrated bank-securities account. The new debit card extends that ecosystem by linking card payment benefits to the existing banking and securities offerings.

The card earns up to 1% in My Shinhan Points at domestic merchants, with the rate determined by the amount spent per transaction. Payments made through Super SOL earn an additional 0.1%, bringing the maximum rewards rate to 1.1%.

The base rewards rate at domestic merchants rises with the transaction amount: 0.2% for purchases under 20,000 won ($15), 0.4% for 20,000 won to under 100,000 won, 0.8% for 100,000 won to under 500,000 won, and 1% for 500,000 won or more.

The card also offers lifestyle benefits covering food delivery and convenience stores. Customers who spend 20,000 won or more per transaction on online food delivery apps on weekends earn 1,000 points per purchase. Spending at major convenience stores — CU, GS25 and Seven-Eleven — earns 5% back, up to a maximum of 3,000 points.

Overseas purchases earn 1% regardless of the transaction amount. Cardholders can accumulate up to 20,000 points per month, depending on the previous month's spending.

A launch promotion runs from Friday through Nov. 30. Customers who open a new SOL LINK account and receive the debit card will earn 10,000 My Shinhan Points each month they spend at least 30,000 won, up to a maximum of 20,000 points per customer.

Cardholders may apply for a postpaid transit card at the time of issuance, and the internationally accepted Visa version supports contactless payments. However, supplementary family cards are not available.