Gwangju Bank KJ Card Launches 'MeongiNyangi Card' for Pet Families

[Asia Economy Honam Reporting Headquarters Reporter Park Seon-gang] Gwangju Bank (President Song Jong-wook) announced on the 12th that it has launched the ‘Meongi Nyangi Card’ for the Pet-Fam group who treat their pets like family.

According to Statistics Korea, the size of the pet market in South Korea is expected to grow from around 2 trillion won in 2016 to about 6 trillion won this year, with one in four households considered part of the Pet-Fam group, totaling approximately 10 million people.

Accordingly, Gwangju Bank launched the ‘Meongi Nyangi Card’ offering various discount benefits to the Pet-Fam group, with President Song Jong-wook becoming the first cardholder.

The ‘Meongi Nyangi Card’ provides a 10% cashback at pet-related and veterinary hospital businesses (including supplies, food, grooming, etc.) to help save on the largest expenses related to pets such as food, snacks, and disease prevention and treatment costs.

It also offers cashback in various lifestyle sectors.

Customers can receive 5% cashback at large discount stores (E-mart, Lotte Mart, Homeplus), online shopping malls (Gmarket, Auction, 11st, Tmon, Coupang, Wemakeprice), coffee shops (Starbucks, Hollys, Twosome Place, Angel-in-us, Ediya, Tom N Toms, Caffe Bene, Coffee Bean, Droptop), department stores (Lotte, Shinsegae, Hyundai, Galleria, AK Plaza), and convenience stores (GS25, CU, 7-Eleven, Ministop, E-mart 24).

In particular, as a special service not found in other card companies, the card offers a photo card issuance service that allows customers to insert a photo of their own pet on the front of the card without any additional fees.

The card can be issued at Gwangju Bank branches nationwide and through the Gwangju Bank mobile website.

Kim Jae-joong, head of the card business division at Gwangju Bank, said, “We launched the ‘Meongi Nyangi Card’ not only to provide simple financial preferential interest rates but also to offer essential and diverse benefits in daily life, supporting the happy lives of our customers and their pets who have shown great support for the KJ Card.” He added, “We will continue to do our best to release specialized products reflecting various customer needs and provide customized services to our customers.”

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