LOTTE Finance launches credit cards with annual fee cashback for life

April 24, 2019 | 10:57
The credit card launch marks an important milestone for Lotte Finance in positioning its premium brand in the Vietnamese market, while demonstrating the company's commitment to become a trusted and beloved financial partner to Vietnamese people.
lotte finance launches credit cards with annual fee cashback for life
LOTTE Finance launches two new credit cards that come with abundant bonuses

On April 24, 2019, Lotte Finance Vietnam Co., Ltd. (Lotte Finance) has officially launched two new credit card products with attractive features and benefits such as annual fee cashback for life as well as discounts and bonus points at Lotte Group's service system, including its food chain, coffee shops, and cinemas.

Accordingly, the credit cards launched are Lotte Finance Visa and Lotte Finance Visa Platinum. As a financial company under the South Korean conglomerate Lotte Group, Lotte Finance provides various benefits to its credit card customers through attractive incentive schemes.

While enjoying the services of Lotte Group’s affiliates, customers will receive benefits like a 10 per cent discount and 1 per cent L.Point bonus for bills in Lotteria and Angel-In-Us (fast food chain and coffee shop under Lotte), 3-12 per cent Cinema point bonus and 1 per cent L.Point bonus for transactions at Lotte Cinema, 30 per cent discount for tickets of Lotte Center Hanoi Observation Deck, 0.2 per cent L.Point bonus in Lotte.vn, and 1 per cent in Lotte Department Store.

Furthermore, Lotte Finance Visa and Lotte Finance Visa Platinum are perfect choices for overseas travel, especially to the Republic of Korea (RoK). Cardholders will be awarded up to 3 per cent bonus points for all transactions at Lotte in Korea and from 0.7-1 per cent bonus points for all transactions at any other foreign country. Owning a Lotte Finance Visa Platinum with the credit limit of over VND100 million ($4,350) and having conducted transactions within the most recent three months, the cardholder will be exempt from providing financial proof when applying for an RoK tourist visa and will be offered free travel insurance worldwide with benefits of up to VND10.5 billion ($456,520).

lotte finance launches credit cards with annual fee cashback for life
Kim Jong Geuk, Lotte Finance's general director

Kim Jong Geuk, Lotte Finance's general director, said, “Our ultimate goal is to become a trusted and beloved financial partner to the Vietnamese people. To achieve that goal, we have been continuously challenging ourselves to bring better financial services and solutions which align with Vietnamese people's lifestyle. The launch of our credit card plays an important role in positioning our premium Lotte Finance brand in the market, while at the same time demonstrating the company's commitment and efforts for our customers’ wealth and values."

“Lotte Finance credit card is developed based on international-standard advanced technologies and will provide our customers with safety and convenience. I believe that it will also be very helpful in promoting the non-cash payment system and the development of consumer finance market,” he added.

Beside its superior features, Lotte Finance credit cards are extremely secure thanks to the application of the latest VISA-standard chip technology. In addition, with contactless payment technology applied, Lotte Finance credit cards allow customers to perform transactions without swiping. Payment, therefore, are very simple, convenient, and highly secured.

Lotte Finance applies contactless technology in both Lotte Finance Visa and Lotte Finance Visa Platinum in order to offer the optimal benefits and the greatest experiences to all of its credit card customer groups. To date, Lotte Finance credit card is one of the few products on the market possessing this superior feature.

Lotte Finance has been officially operating in Vietnam since December 2018, with the first product of unsecured consumer loans. Since then, Lotte Finance has been expanding and improving its operations, moving towards the goal of becoming one of the leading financial service providers in Vietnam.

In the next stages, Lotte Finance will continue affirming the brand's reputation by bringing about safe, friendly, and convenient financial services and solutions in order to help customers make their dreams come true and enhance their life quality.

By Nguyen Huong

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