Understanding Gmarket's Smile Cash, Smile Point, Gcash, Coupon and Gstamp

For Gmarket users, you would be familiar with the various payment supplements or benefits that Gmarket has. Log in to your Gaccount and you will be greeted with a overview of your points, gcash, coupon and gstamps. With so many different types of benefits, I wished they would streamline some of them or expand them to make staying loyal with Gmarket more worthwhile.

I will describe the uses of each benefit in order of their value i.e. from most valuable to least valuable.

Smile Cash
This is cash. Your refund, compensation or shipping fee differences will be returned to you via smile cash. Another way of getting smile cash is through converting your smile points (I will touch on this later).

Gcash
This is similar to Smile Cash in the sense that they are both cash. However, you can only receive Gcash through events by Gmarkets. Another difference is that while you can withdraw Smile Cash to your bank account, you can't do that for Gcash.

Smile Points
Once you reached 10,000 smile points, you can convert it to Smile Cash. They have an expiry date of two years from when you first received the points. You can receive smile points through the daily lucky draw or applying for it when you clocked certain days of attendance.

Coupons
In most instances, you will only encounter coupons during your purchase. You can either exchange for it using Gstamps (refer below), through daily lucky draw or the basic monthly coupons.

Here's where you can download your monthly coupons:

You can check the conditions, expiry date and amount of your coupon in your Gaccount:

The coupons can be applied to your purchased product either on the product page or in your cart.

Gstamps

Basically kind of useless. You can only use it to draw or exchange for coupons. Like I mentioned earlier, in most cases there will not be lack of coupons, so I seldom have to use Gstamps. They are also one of the easiest to obtain - from daily lucky day to writing product reviews.