Cashback on Health and Lifestyle Sectors... Lotte Card Launches 'I'm Active Card'
Benefits for Wellness Seekers in Health and Lifestyle Industries
[Asia Economy Reporter Ki Ha-young] Lotte Card announced on the 26th that it has launched the ‘Lotte Card I’m Active,’ a card offering benefits in health and lifestyle sectors under the concept of ‘a healthy and active me.’
This card provides cashback benefits in health-related sectors. It offers 5% cashback in each category: ▲Medical (hospitals, pharmacies, veterinary clinics), ▲Fitness (exercise, leisure sports), and ▲Well-being (health supplements, organic shops, insurance premiums). If the usage amount last month was over 400,000, 800,000, or 1,200,000 KRW, cashback limits of 5,000, 10,000, and 15,000 KRW are provided respectively for each category.
Additionally, the card divides the most closely related lifestyle sectors into six groups and offers 5% cashback on the top three groups most used during the month. The groups are: Group 1 (gas stations), Group 2 (department stores, marts, supermarkets), Group 3 (overseas), Group 4 (accommodations), Group 5 (travel agencies, airlines, rental cars), and Group 6 (pet shops). If the usage amount last month was over 400,000, 800,000, or 1,200,000 KRW, an integrated cashback limit of 5,000, 10,000, and 15,000 KRW is provided. Once the cashback limit is fully used in the top one or top two groups, the next groups are excluded from benefits.
The amount used to receive cashback benefits with this card is also included in the usage amount of the previous month, and a monthly maximum cashback limit of 60,000 KRW is provided (up to 45,000 KRW for health sectors and up to 15,000 KRW for lifestyle sectors). Furthermore, if the cumulative usage amount exceeds 6,000,000 KRW in a year, an additional 10,000 KRW bonus cashback is given once annually. Card applications can be made through the Lotte Card Life app or website, and the annual fee is 15,000 KRW.
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A Lotte Card official stated, “We analyzed the latest lifestyle of wellness consumers who pursue a healthy and happy life and value exercise, nutrition, and rest, and included benefits specialized in health and lifestyle sectors to provide optimal services. We will continue to offer a variety of products and services that satisfy customers through ongoing customer experience and big data analysis.”
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