Today, let’s take a closer look at the application qualifications for the <Hatsalon Card> released on ‘21.10.27 and the benefits of the affiliated card company.
The Sunshine Loan Card is a product for low-credit cardholders who are excluded from benefits such as installments/points due to difficulties in issuing credit cards.
The lottery fund, etc., is supervised by the People’s Finance Agency, and it is being carried out through agreements with 7 domestic credit card companies. 햇살론카드 신청
As of 11/13/22, Lotte, Woori, Hyundai, Kookmin, Samsung, Shinhan, and Hana Card can issue issuance. At the bottom of the post, we will summarize the benefits of each card company.
Then, we will look at the application qualifications and the contracted credit card company in order. 이베이스매뉴얼
Source: Shinhan Card
Qualifications to apply
To be eligible to apply, you must satisfy all three conditions.
① Only those who are in the bottom 10% of KCB or NICE credit score, ② have an annual disposable income of 6 million won or more, and ③ have completed the Sunshine Loan Card mandatory education (1 course).
For reference, as of October 27, 21st, those with 655 points in KCB and 724 points in NICE are in the bottom 10% or less. You can connect.
>> Go to the Financial Education Portal of the People’s Financial Promotion Agency
In order to apply for a Sunshine Loan Card, you must go through the 2nd step of applying separately from the credit card company after applying for the guarantee.
You must first apply for a warranty. The relevant path is as follows.
– Financial Services Agency App > Application for Guarantee → Financial Education Portal > Complete Sunshine Loan Card Required Training → Sign a Guarantee Agreement
※ Financial Education Portal of the Financial Services Agency > Membership Registration > Online Education > Loan User Education > Sunshine Loan Card
In addition, you can apply separately at the card company of your choice among the 7 contracted credit card companies. The benefits are slightly different, so you need to choose the card company that is right for you.
However, unlike general credit cards, the use of the Sunshine Loan card is limited.
First of all, credit card loans (cash service, card loan, revolving), payment deferment and installment payments are not allowed. Use is restricted in product sales and some unauthorized payments. In addition, the issuance is limited to one card (company) per person, and the installment period can be up to 6 months.
Source: People’s Finance Agency
Sunshine Loan issuance application card company
If you are eligible to apply, it is now time to choose the card that is right for you.
The owner personally thinks Shinhan Card and Hana Card the best, but I think it would be good to judge them carefully as I will compare them from various angles. Each person has different uses and patterns.
For your reference, you can apply for a card between 6:00 and 22:00 on weekdays. For details such as items excluded from the previous month’s usage performance, events, etc., please contact the card company.
credit card company
annual fee
Benefits
Lotte
2,000 won
★ No requirements for previous month’s usage performance and monthly discount limit
– Online business: 1% discount
– Other industries: 0.5% discount
hyundai
10,000 won
– Living Convenience Area: 1% discount (public transportation, convenience stores, large discount stores)
– Other merchants: 0.5% discount
– 2 to 3 months interest-free installments at all affiliated stores
※ Benefits apply when the previous month’s usage is over 300,000 won, no discount limit
※ Specialized service: Costco use, Hyundai Card library admission
KB
10,000 won
– All affiliates: 0.5% earned
– Super/mart/convenience store type: 0.5% additional accumulation
※ Additional accrual benefits are applied when the previous month’s usage is 300,000 won or more.
※ Monthly accumulation limit of 20,000 points (basic accumulation + additional accumulation)
samsung
5,000 won
– Discount store, online shopping mall, health & beauty Daiso: 7%~15% discount
– Delivery app, convenience store, coffee, fresh food delivery: 7%~15% discount
– Hospitals, pharmacies, veterinary hospitals: 7%~15% discount
※ More than 300,000 won in usage in the previous month: 7% discount (limited to 3,000 won per month for each service)
※ Over 600,000 won in usage in the previous month: 15% discount (limited to 7,000 won per service per month)
– Streaming: 30% off
※ Combined monthly discount limit of 3,000 won if the previous month’s usage is 300,000 won or more
Shinhan
5,000 won
– Small and medium-sized daily distribution: 7% discount (supermarket, mart, department store, general store, etc.)
– Coffee, bakery: 10% discount (once a day, 3 times a month)
– Weekend complex shopping mall/mart: 10% discount (E-Mart, Lotte Mart, Homeplus, etc.)
★ Monthly discount limit of KRW 12,000 if the previous month’s usage is KRW 300,000 or more
※ Monthly discount limit of 20,000 won if the previous month’s usage is more than 600,000 won
we
10,000 won
– Mobile communication, public transportation, coffee, movies: 3%
– Department stores, discount stores, online shopping, petrol: 1% off
– Merchants eligible for accumulation other than the above affiliated stores: 0.8% accumulation
※ Monthly accumulation limit of 10,000 points if the previous month’s usage is 300,000 won or more
※ Monthly accumulation limit of 20,000 points when the previous month’s usage is more than 600,000 won
※ Monthly accumulation limit of 50,000 points if the previous month’s usage is over 1.2 million won
one
10,000 won
★ No requirements for previous month’s usage performance and monthly accumulation limit
– All affiliates: 0.7% accrual
– Digital payment: 1.0% accrual
All images captured by each card company focusing on benefits are also attached. Please refer to the image for details.
● Lotte Card
Source: Lotte Card
● Hyundai Card
Source: Hyundai Card
● Kookmin Card
Source: Kookmin Card
Source: Kookmin Card
● Samsung Card
Source: Samsung Card
● Shinhan Card
Source: Shinhan Card
Source: Shinhan Card
Source: Shinhan Card
Source: Shinhan Card
● Woori Card
Source: Woori Card
Source: Woori Card
Source: Woori Card
● Hana Card
Source: Hana Card
Above, we have summarized the qualifications for applying for the Sunshine Loan card and the affiliated card companies.
I hope it was helpful to those who were curious about the Sunshine Loan card information.
Lastly, among the government-supported loans for the low-income earners, there is the <Sunshine Loan>, a mid-interest rate product of around 6-9% for workers and the self-employed.
It is said that up to 15 million won for workers and up to 50 million won for self-employed people can be used as livelihood/operating funds.