There are points that naturally accumulate when you participate in events held by Shinhan Bank or Shinhan Card, or use Shinhan Card. This is My Shinhan Point. I mainly use the ‘Deep On’ card and receive 2% of the payment amount as MyShinhan Points. In addition to the card, I am steadily earning points by attending pedometer/mission events. I am accumulating a little over 20,000 won a month with these two methods. 마이신한포인트 현금 전환
What should I do after accumulating My Shinhan Points? I’m always switching to cash. There is no fee for MyShinhan Point because 1 point = 1 won. Therefore, it is not recommended to convert My Shinhan Points to points other than cash. Converting to cash is also very simple, so you can convert it to cash in 1-2 minutes by following the steps below.
Download Shinhan Play App 이베이스매뉴얼
An app is required to convert MyShinhan Points into cash. The ‘Shinhan SOL’ app or ‘Shinhan Play’ app must be installed. I will show you how to convert money with the ‘Shinhan Play’ app.
My Shinhan point inquiry and cash conversion
After running the app, select [Menu] in the upper right corner. Then it will switch to the screen showing the entire menu. If you scroll down, you can find the [Point Conversion] button as shown in the picture above.
Select ‘My Shinhan Point’ as the point to be used. After that, you need to select a conversion target, please select [Cash Back]. Finally, simply select the card linked to the account to be converted. When you select the card you are using, the account information linked to the card is automatically entered. Even if you do not select a card, you can directly enter the account number in your name.
If there are people who want to use MyShinhan Points other than cash conversion, you can select the method you want to use from [Billing Payment], [Annual Fee Payment], and [Amorepacific Beauty Points].
After that, just click the [Next] button and it will proceed smoothly. You can enter points to convert to cash, as shown in the middle photo. You can convert all of your points to cash, and only some points can be converted to cash, so you can freely enter them.
If you select [Apply] when asked if you would like to apply for conversion, the point conversion is completed. The great advantage of MyShinhan Point is that it is deposited into your account immediately upon application. As soon as I applied, I confirmed that 190 won was deposited into my account along with a text message for using points.
Points to note when converting MyShinhan Point to cash
There are a few things to keep in mind when converting MyShinhan Points to cash.
Hours of use
Shinhan Financial Group accounts and commercial banks such as Woori, Kookmin, and Nonghyup can use the cash conversion service 24 hours a day, 365 days a year. However, securities companies, some banks (Forest Cooperative, Deutsche Bank, etc.) and direct account entry are available from 08:00 to 23:00.
Non-Cancellable Cash Conversion
My Shinhan Point cannot be canceled after conversion to cash is completed.
Points are incidental income other than income, and I am saving MyShinhan Points as an emergency fund. Only when money is urgently needed, the MyShinhan Points accumulated so far are converted into cash and used. Since MyShinhan Points are the same as cash, do not accumulate points, but convert them into cash and use them effectively. For your reference, I have left an event where you can receive MyShinhan Point 10,000P as a link below. Participate in the event to earn points!
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