Emergency Disaster Relief Fund Applications Accepted from 7 AM on the 11th via Card Company Websites

Available for application on each credit card company's homepage, etc.

[Asia Economy Reporter Ki Ha-young] From 7 a.m. on the 11th, emergency disaster relief funds can be applied for on the websites of each credit card company.

The Korea Federation of Credit Card Associations announced on the 10th that from 7 a.m. on the 11th, government emergency disaster relief funds can be applied for through credit and check cards on the websites of each credit card company.

The emergency disaster relief funds can be applied for after identity verification through the internet homepage, mobile web, or application (app) of the credit or check card issuing institution held by the head of the household. Identity verification can be done using one of the methods provided by the card company: public certificate, mobile phone, or card authentication.

The emergency disaster relief funds can be used within 1 to 2 days after application, and confirmation of the application and the date when the funds can be used will be notified via mobile phone text messages.

To ensure stable application and reception, a day-of-the-week system similar to the mask 5-day rotation will be applied during the first week of applications from the 11th to the 15th. People whose birth year ends with 1 or 6 can apply on Monday, 2 or 7 on Tuesday, 3 or 8 on Wednesday, 4 or 9 on Thursday, and 5 or 0 on Friday. From the weekend of the 16th, applications can be made 24 hours a day without the day-of-the-week restriction.

The emergency disaster relief funds can be used at credit card affiliated stores located in the special/metropolitan cities and provinces where the head of the household resides until August 31. The funds can be used at all credit card affiliated stores except for some industries. However, to stimulate the local economy, they cannot be used at department stores, large discount stores, large electronics retailers, online shopping malls, etc. Also, in the case of franchise stores directly operated by headquarters such as famous coffee specialty stores, usage is only possible in the region where the headquarters is located. Additionally, usage is restricted at entertainment and luxury industry affiliated stores.

After using the card, it is necessary to check whether it was used correctly through mobile phone text messages or the card company’s app. This is because the industry inferred from the store name and the actual registered industry may differ, which could unintentionally prevent the use of the emergency disaster relief funds.

If you hold multiple cards from the applied card company, in principle, the emergency disaster relief funds can be used with all personal cards (credit and check cards). However, in some card companies, usage may be limited to credit cards only, and cards issued for specific purposes such as Hi-Pass cards or freight vehicle fuel subsidy cards may not be usable. Therefore, you should check the guidance from the applied card company (via mobile phone text messages, website notices, etc.).

Also, when applying for the emergency disaster relief funds on the card company’s website, you can donate the amount you wish. Donations can be made in units of 10,000 won, from 10,000 won up to the full amount of the emergency disaster relief funds, and the remaining amount after the donation can be used.

Furthermore, any unused balance of the emergency disaster relief funds after August 31 will be forfeited and reclaimed by the national treasury, so refunds are not possible. Additionally, to prevent online fraud such as smishing and pharming, card companies do not send internet address (URL) links in mobile phone text messages or emails. Therefore, if you receive a message containing a URL, do not touch or click it and delete it immediately.

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