Sumitomo Mitsui Card launched its “Korea Marutoku Plan” on September 17.
Eligible holders of Visa-branded cards can earn up to 5% back in V Points when making in-store payments in South Korean won at participating affiliated merchants in South Korea. Members who apply for an eligible card on or after September 17 can receive 15% back on in-store purchases in South Korea, for a maximum of 20% when combined with the rewards offered by participating affiliated merchants. The points cap is 1,000 points per person for each benefit.
Participating affiliated merchants include stores in the beauty and cosmetics, department store and shopping, café, fashion, convenience store, and cultural experience categories, including Hyundai Department Store, AmorePacific, OLIVE YOUNG, Lotte Mart, CU, and MEGA COFFEE. Some affiliated merchants offer discounts or gifts in addition to point rewards.
Registration is required to use the points benefit, and payments must be made in South Korean won at physical stores in South Korea. Online payments and payments in currencies other than South Korean won, including Japanese yen, are not eligible.
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