Kakao Bank City Card Offers 50% Discount at Starbucks Worldwide
Seoul City Ddareungi Also Offers 50% Billing Discount
[Asia Economy Reporter Kim Min-young] The KakaoBank Citi Card, which offers various billing discount benefits for an annual fee of only 7,000 KRW, is gaining popularity.
According to Citibank Korea on the 2nd, the KakaoBank Citi Card, launched last April, is receiving high attention due to its benefits tailored to the untact (contactless) consumption trend and billing discounts for everyday life-related sectors.
This card offers a 50% billing discount at Starbucks worldwide within a maximum integrated discount limit of 20,000 KRW per month based on the previous month's spending. It also provides a 50% billing discount when using shared bicycle services such as Seoul's Ddareungi and KakaoT Bike. For streaming service payments like YouTube Premium, Netflix, and Melon, a 25% billing discount benefit is offered. Everyday life-related sectors such as buses, subways, telecommunications fees, delivery applications (apps), and convenience stores also receive a 5% billing discount benefit.
Regardless of the previous month's spending, a bonus discount of up to 5,000 KRW is provided based on the number of days used per month, and all overseas service fees (0.25%) are fully waived for all overseas payments, including online transactions. Customers who receive a Citi Card for the first time will have their annual fee refunded as cashback.
Card applications can be made through the KakaoBank app, and as a launch commemorative event, customers who issue the card by the end of the year will receive limited edition Kakao Little Friends character stickers.
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