NH Nonghyup Card Expands Postpaid Transportation Check Card Issuance to Minors
Automatic Discount for Children and Youth Fares on Public Transportation
Mobile Coupon and Cashback Benefits Event for Postpaid Transportation Amounts Over 10,000 Won
[Asia Economy Reporter Ki Ha-young] NH Nonghyup Card announced on the 24th that it will expand the issuance of check cards equipped with postpaid transportation card functions to children and adolescents aged 12 and older.
Postpaid transportation check cards were originally available only to those aged 18 and older, but with the revision of the Enforcement Decree of the Specialized Credit Finance Business Act to resolve the inconvenience of prepaid charging, issuance has been changed to allow children aged 12 and older to apply.
Youth aged 12 to 17 can apply by having their legal guardian visit a branch to submit the application form, legal guardian consent form, and legal guardian verification documents.
The usage method is the same as the existing postpaid transportation card, and age-based discounts are automatically applied at public transportation payment terminals. Age 12 receives child fares, and ages 13 to 18 receive youth fares.
The usage limit for the postpaid transportation function is KRW 50,000 per month for ages 12 to 17 and KRW 150,000 per month for age 18. It can be issued as an NH Nonghyup personal check card (excluding non-face-to-face cards, corporate cards, and BC cards). Recommended products include the Ryan Cheese Check Card, Apeach Sweet Check Card, BAZIC Check Card, and Correct POINT Check Card.
Additionally, from the 24th to June 30, an event called "Youth Postpaid Transportation Check Card Used Without Charging" offering mobile coupons and cashback will be held. The event targets children and adolescents aged 12 to 17 who apply for the postpaid transportation check card issuance by May 29. If they use postpaid transportation fares of KRW 10,000 or more by June 30, they will receive a banana milk mobile coupon.
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If they use KRW 10,000 or more on postpaid transportation fares and spend a total of KRW 200,000 or more at all merchants, an additional KRW 5,000 cashback benefit will be provided. Coupon and cashback benefits can be received simultaneously, and participants must apply for the event in advance via the NH Nonghyup Card application (app) or website to receive the benefits.
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