"From Education Expense Specials to Airline Mileage"...Card Industry Launches New Cards

JYP Collaborates with Bureung to Create Specialized Card

[Asia Economy Reporter Ki Ha-young] As the new year begins, credit card companies are launching new cards one after another. The benefits range from airline mileage partnership cards to education-specialized cards.

According to the card industry on the 11th, KB Kookmin Card released the education-specialized product 'KB Kookmin Easy Study Titanium Card.' This card has an annual fee of 35,000 KRW and offers up to 70,000 KRW monthly discounts on academy and online lecture fees depending on the previous month's usage.

For academy sectors, if a payment of 100,000 KRW or more per transaction is made and the previous month's usage is ▲ 500,000 KRW or more, a 3% discount on the payment amount is provided up to 10,000 KRW monthly ▲ 1,000,000 KRW or more up to 20,000 KRW monthly ▲ 1,500,000 KRW or more up to 40,000 KRW monthly.

For 8 online lectures (Megastudy, Avalon, Digital Daesung, Youngdangi Gongdangi, Hackers Language Academy, Siwon School, Eduwill, Parkmungak), if the previous month's usage is ▲ 500,000 KRW or more, a 5% discount on the payment amount is provided up to 10,000 KRW monthly ▲ 1,000,000 KRW or more up to 20,000 KRW monthly ▲ 1,500,000 KRW or more up to 30,000 KRW monthly.

Shinhan Card introduced the 'Shinhan Card JYP Fan's EDM Check Card' (JYP Check Card) in partnership with JYP Entertainment. This card features a certain percentage of the payment amount at domestic and international merchants being accumulated as donations, and it is available in four types: Basic, GOT7, DAY6, and TWICE.

Donations are accumulated monthly without conditions on the previous month's usage or accumulation limits, and every quarter, they are donated to the Korean branch of the international nonprofit organization 'Make-A-Wish' in the name of JYP artists and fandom. These funds will be used for the EDM project that fulfills the dreams of children with incurable diseases.

Additional discounts are provided when booking concerts hosted by JYP with this card, and fan club membership fees are also discounted. Also, when booking domestic concerts and performances through Yes24, 5% cashback on the payment amount is given, and if joining a specific celebrity's fan club through this channel, 5% cashback on the fan club membership fee is provided (once a month, up to 5,000 KRW limit). The JYP Check Card has no annual fee and is issued as a Master Platinum card, an international brand.

Samsung Card launched the 'Boorung Samsung Card BIZ,' which allows payment of delivery fees by card at 'Boorung,' a logistics startup based on IT by Mesh Korea. Released exclusively in partnership with Boorung, this card enables payment of Boorung's delivery service fees by credit card instead of the existing cash payment.

Boorung Samsung Card BIZ offers 1-3% Big Point accumulation by industry regardless of the previous month's usage amount. When used at gas stations, discount stores, restaurants, online shopping malls, and academies, 1% accumulation on the payment amount is provided without limits. Additionally, services such as value-added tax refund convenience support and 250 free electronic tax invoice uses per month, essential for individual business owners, are provided in partnership with 'Nice DNR.' The annual fee for Boorung Samsung Card BIZ is 10,000 KRW for both domestic-only and international (Mastercard) versions.

Woori Card released the 'Card of Jeongseok Mileage Skypass,' a partnership card with Korean Air. This card specializes in accumulating Korean Air mileage, Skypass, awarding 1 mile per 1,000 KRW spent. For overseas lump-sum payments, an additional 1 mile is accumulated, allowing up to 2 miles per 1,000 KRW spent. However, the additional miles are capped at 2,000 miles per month.

If the previous month's usage is 500,000 KRW or more, users can also enjoy free access to airport lounges worldwide. This benefit is available through The Lounge Members app, limited to once per month and up to three times annually. The annual fee is 39,000 KRW for both domestic-only and international versions.

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