Naver said on the 26th that it will launch the "Naver Hyundai Card Edition 3" in partnership with Hyundai Card.
When using Naver Plus Store, 5% of the payment amount is earned as Npay points by default. Up to 15,000 points per month are provided. In addition, through the "Double Earning Promotion" running through July next year, users can earn up to 10%—twice the base rate—capped at 30,000 points per month.
Naver Plus Membership users, when adding the membership shopping benefit of up to 5% (5% on monthly cumulative purchases up to 200,000 won, 2% up to 3 million won), can receive a maximum 15% back in points on the payment amount—combining the card benefits (base 5% + promotion 5%)—capped at 96,000 points per month, depending on spending.
Since its debut in 2021, Naver Hyundai Card has surpassed a cumulative 1.2 million issued cards, maintaining steady popularity. The average monthly purchase amount of users who use both Naver Plus Membership and Naver Hyundai Card is 1.4 times higher than that of users who only use the membership. As the high earning benefits of the membership and card combine, it appears to be boosting users' shopping activity.
There are three designs in total, and applications open at 2 p.m. today. Detailed information, including issuance requirements and earning benefits, is available on the Naver and Hyundai Card apps and websites.