SC Bank attracts travelers with new credit card
A model promotes Standard Chartered (SC) Bank Korea's Plus Mile credit card in this file photo. / Courtesy of SC Bank Korea
By Park Jae-hyuk
Standard Chartered (SC) Bank Korea's Plus Mile credit card has gained popularity with consumers who are interested in accumulating air miles and using the points, the London-based banking giant's local affiliate said Friday.
The credit card has been known for its various benefits to its users, since its March 29 release.
Its users can accumulate air miles through their purchases at affiliated stores in Korea and abroad.
The card also offers up to 3.5 bonus miles per 1,000 won ($0.90) spending on Asiana Airlines flights and 3 bonus miles per 1,000 won spending on Korean Air flights.
“Those who spend 2 million won each month for a half year can get more than 20,000 miles,” an SC Bank Korea official said. “With the regular spending, those who have already accumulated 20,000 miles will be able to have free round-trip tickets to most Southeast Asian countries from Korea.”
In addition, users of the credit card can exchange major currencies, such as U.S. dollars, Japanese yen, euros and Chinese yuan, at rates 70 percent more favorable than usual.
They can also use lounges at the Incheon, Gimpo and Gimhae international airports for free three times a year.
The Lounge Key service will be given to customers as well, so they can use lounges at 850 airports worldwide for free three times a year, even if they do not own priority pass cards.
“The credit card will be the must-have item for frequent travelers,” the company official said.
By the end of July this year, SC Bank Korea will give a gifticon for a tall-size Starbucks Americano to those who spent more than 30,000 won with the Plus Mile credit card.