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Hana Card Co. announced Friday that it has joined hands with South Korea¡¯s online-only Toss Bank to launch its first private label credit card (PLCC). The card, PLCC, offers a 2 percent billing discount to customers who spend more than 400,000 won at all domestic and overseas merchants in the previous month. A basic 1 percent discount is offered to those that do not satisfy the required spending amount. For the month following the card¡¯s issuance, customers will get a 2 percent billing discount at all domestic and foreign merchants regardless of their spending in the previous month. The card can be issued via Toss Bank app.
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