Swipe to the Top: Hyundai Takes the Lead in Overseas Credit Card Usage, Hana Dominates Check Cards
Thanks to Hyundai Card’s ‘Apple Pay’ and Hana Card’s ‘Travellog’
Shinhan Card has the largest number of credit and check cards
It was found that Hyundai Card had the largest amount of credit card overseas spending (excluding national and local taxes, etc.) by individual customers this year. Hana Card had the highest amount of check card usage.
▲ Hana Card, ‘Travellog’ free currency exchange for 58 currencies extended until the end of 2025. [하나카드 제공]
According to the Credit Finance Association on the 30th, Shinhan Card’s total credit and check card usage from January to September this year was 3.086 trillion won, compared to eight domestic credit card companies (Lotte, BC, Samsung, Shinhan, Woori, Hana, Hyundai, and KB Kookmin). ) was the most numerous. Overseas credit card spending was 1.8083 trillion won, and check card spending was 1.2002 trillion won.
An official from the credit card industry said, “Shinhan Card is number one in the credit card industry, so it is not surprising that it has the highest amount of overseas spending.”
However, it was different by field. Hyundai Card had the largest amount of overseas credit card usage at 2.591 trillion won. Hana Card (KRW 1.8354 trillion) had the largest amount of check card usage.
‘Apple Pay’ is cited as the reason for Hyundai Card’s success overseas. An official from the card industry said, “Apple Pay is more active overseas than in Korea,” and added, “Thanks to this, we have recorded high sales mainly from customers who use Apple Pay credit cards.”
A Hana Card official emphasized that the reason for the check card ranking as number one was “by far, thanks to Travellog.”
Travellog, an overseas travel service platform under Hana Financial Group, is gaining popularity, surpassing 6 million subscribers by offering free currency exchange.
Thanks to this, Hana Card’s check cards, such as the ‘Hana Travelogue Check Card’, are also popular overseas. The cumulative overseas check card market share in the third quarter reached 47.5%.
Mr. A, an office worker in his 20s, used the Hana Travelogue check card on a recent overseas trip. The card contains benefits such as △automatic recharge at the target exchange rate △automatic recharge function based on balance △100% preferential exchange rate △free overseas usage fee △free overseas ATM fee.
Mr. A said, “When I travel abroad, I use the Travellock check card because it has the best benefits,” and added, “People around me often tell me to get a Travellock check card first before going on an overseas trip.” .
Mr. B, an office worker in his 40s, uses the Shinhan Card, which he usually uses domestically, only when he runs out of money he had previously exchanged when traveling abroad.
Mr. B said, “I often travel abroad without a specific plan, so I do not issue a separate card with overseas travel benefits in advance.” He added, “When I don’t have enough money to exchange money in advance, I use Shinhan Master Card.”
KPI News / Reporter Ha Yu-jin bbibbi@kpinews.kr
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