The Apple Pay rewards card is the company’s first product introduced since Apple Pay launched in 2023. It offers 10% cashback on purchases made via Apple Pay at merchants in South Korea and overseas. As a check card, it can also be issued to teenagers who want to use Apple Pay.
Apple Pay can be used not only on iPhones but also on Apple Watch, Mac and iPad. T-money registered in Apple Pay can also be topped up using a Hyundai Card.
The points option earns unlimited M Points worth 0.5% of spending at all merchants in South Korea and abroad. The earn rate rises to 5% at frequently used categories such as dining, delivery, convenience stores and public transportation, including restaurants, delivery apps such as Baedal Minjok, Coupang Eats and Yogiyo; convenience store chains including CU, GS25, 7-Eleven and Emart24; and city buses and subways.
The cashback option provides unlimited cashback of 0.3% of spending, and 3% cashback in the same dining, delivery, convenience store and public transportation categories.
Hyundai Card also introduced three “Hyundai Card Hybrid Card” products — points, cashback and Apple Pay rewards — combining check and credit functions. The card works like a check card, but automatically switches to credit when the linked account balance runs out. Annual fees and benefits are the same as the check cards.
* This article has been translated by AI.
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