Saemaul Geumgo and Hana Card to Launch Sixth PLCC Mid-August, Focused on Subscription Payments

According to Yonhap Infomax, Saemaul Geumgo and Hana Card will launch their sixth co-branded proprietary credit card (PLCC) in mid-August 2026. The new "MG+" series card will offer discounts on subscription services including Netflix and KakaoTalk, as well as home appliance rentals. The partnership aims to expand non-interest revenue as Saemaul Geumgo faces constraints on household lending growth. Cardholders must maintain a Saemaul Geumgo deposit account. Previous PLCC launches, including the 2025 "MG+ S" card, generated significant new account openings and membership growth for the credit union.
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