Shinhan Card Defers Billing and Offers Installment Repayment for Gyeongnam Heavy Rain Victims

30% Service Fee Reduction on Card Loans Used After the Date of Damage

Shinhan Card announced on August 18, 2026, that it will defer card payment billing and provide installment repayment support for customers in the Gyeongnam region and their immediate family members who have suffered damage from heavy rainfall.

Shinhan Card Headquarters, Jung-gu, Seoul. Shinhan Card

Amounts due on credit cards and other bills can be deferred for one to six months, and after that, customers will be allowed to repay in installments over a maximum period of six months.

This policy will also apply to delinquent customers; if customers undergoing debt deferment have insufficient credit limits, the company will temporarily increase their limits.

For card loans made after the heavy rainfall—both short-term cash advances and long-term Card Loan products—the company will provide a 30% reduction in service fees.

To receive financial support, customers are required to submit proof of damage issued by the administrative office of the affected area or another official body. Applications must be submitted within three months of the event.

A Shinhan Card representative stated, "We will continue to prepare a variety of support measures for customers who experience unexpected disasters."

This content was produced with the assistance of AI translation services.