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KB Kookmin Bank and Shinhan Card launch Starbucks partnership products
economy6 h ago
coda.news AI summary
- KB Kookmin Bank launched the 'KB Byeolbyeol Account 2' on August 1 with a sales limit of 300,000 accounts, which is 50% higher than the 200,000 limit of the previous version.
- The new account offers an annual interest rate of up to 2.0% on balances under 3 million KRW for the first year and allows users to earn up to 15 Starbucks stars per month through simple payments of 3,000 KRW or more.
- Shinhan Card began selling its 'Starbucks Shinhan Card' this month, offering up to 30 stars per month for customers with previous month spending of 500,000 KRW or more, compared to a maximum of 4 stars for those spending between 200,000 and 500,000 KRW.
- Starbucks credit and check card payment estimates rose for two consecutive months to 116.12 billion KRW in August, but this figure remains 15.9% lower than the same period last year.
- Monthly active users of the Starbucks app increased to 7.144 million in July, an 11.4% month-on-month rise, though still 6.8% below the level recorded in July of the previous year.
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