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Hyundai Card Issue Crisis with Annual Fee of KRW 1 Million (JPG)

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(1)Issuance of ‘Hyunaple’ card with annual fee of 1 million won
(2)Chaotic. It’sad
(3)Reporter Ryu So-yeon, enter 2023470302
(4)BizTalk
(5)Hyundai Amex Platinum Card Aka Hyunaple Hyundai Card Home Page
(6)Hyundai Card Amex Platinum, the highest level among domestic credit cards with an annual fee of 1 million won, has been suffering from a “issue crisis” since March As applications for issuance flocked, Hyundai Card recently announced on its website, “It takes two weeks to make a card because there are many applications.”
(7)The card, short for “Hyunaple,” is known to be applicable only when the annual income is more than 160 million won So there weren’t many applications for card issuance However, since March, there have been rumors that the issuance standard has been lowered to 80 million won in annual income, and applications for issuance have been flooded

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(1)It’s true that the standards for issuing current applications have been eased
(2)An official from the Da card industry said, “Hyundai Card has been loosely reviewing the current application, which was issued tightly between January and February this year.” This card offers airport and affiliated hotel valet services such as free airport lounge access, hotel free breakfast, late check-out, room upgrade if possible, popular as a kind of luxury among the younger generation who enjoy overseas trips or hotel vacations
(3)This card is not as easy to maintain as it is to be issued We need to make 36 million won a year You have to pay more than 3 million won a month with your credit card That’s why it’s being shared online how to overfill the performance to keep this card going into the next year It’s called fan spinning The initial consonants of the gift certificate and the fan are the same, so the phrase was coined to secretly call for gift certificate transactions
(4)It’s a way to get cash by paying with a card and selling it again The commission is 4 to 7 of the face value of the gift certificate If you run a fan for 1 million won per month, you’ll pay 480,000 won to 840,000 won per year to maintain your credit card performance Critics say it’s a skit that uses the right method to maintain a premium card while not meeting the level of consumption
(5)Many of the applicants for the current app are trying to write “because it looks cool.” The marketing of credit card companies, which stimulated consumers’ vanity by packaging them with luxury goods, may have been successful, but it doesn’t feel good to see customers who use the expedient of gift certificates

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