Modern people don’t own just one card, they have many different types of cards. There are as many card companies as there are types of cards.
Most credit card companies give points at the time of payment. If you use a lot of cards, it is cumbersome to check how many points are accumulated on which card, so it is often not possible to use points.
What are Card Points?
When I use the card in real life, points accumulate without my knowledge. This is to allow the card company to accrue points to the user for a certain percentage after payment. For those who don’t care, there are many people who don’t know that points expire after a certain period of time after they are accumulated. The point expiry period will expire when 60 months (5 years) have elapsed from the point accumulation month. If you withdraw from the card membership, the points do not disappear, so you can call the customer center and get cash back in cash.
How to check Nonghyup card points and cash back
If you use Nonghyup Card, you will be accumulated as NH Points. You can think of NH points as integrated points that can be freely used by Nonghyup, Livestock Cooperatives, and Nonghyup affiliates.
Points can be checked through internet banking or an app. However, the drawback is that it is cumbersome due to the installation of a security program when proceeding with Internet banking. Therefore, the most convenient way to inquire is to install NH Cock Bank or NH Banking on your smartphone.
In order to minimize the unfortunate case of not using points even after accumulating points, the Credit Finance Association provides a service that can proceed with integrated inquiry and cashing of card points.
Through this method, I received about 10,000 won in one minute. If you use the card frequently, I think you will be able to cash in a much larger amount because more points are hidden.
So, let’s find out how to integrate credit card points and convert cash.
As explained above, we will proceed by converting m points into h coins and converting h coins into cash.
Among them, Hyundai Card point cash conversion, which we will look at today, is a method of converting these m points to h coins through the Hyundai Card website and transferring the converted h coins back to your account.
When you click the conversion request button, a conversion completion message appears. With this, we have safely converted m-points into h-coins. The remaining step is to transfer these hcoins, which have the same value as cash, to your account.
First of all, m points and h coins do not have the same value. You should pay attention to this point. 1 mpoint is equal to 0.667 hcoins. In other words, 1 h coin equals 1.5 m points.
Then, h coin has the same value as cash. If you rearrange this, 1 m point = 0.776 h coin = 0.667 won in cash.
If you convert your points to cash, their value goes down a bit. If you do not use m-points, it would be beneficial to convert them to cash even if you suffer such a loss.
Most of the points accumulated in this way are consumed by purchasing items that are not greatly needed at the point mall of the credit card company before they disappear.