Gwangju Bank Launches 'Lotte Hi-Mart Heart Love Card' Co-branded Card View original image


[Asia Economy Honam Reporting Headquarters Reporter Park Seon-gang] Gwangju Bank (President Song Jong-wook) announced on the 16th that it has partnered with Lotte Hi-Mart Co., Ltd. and launched the co-branded card ‘Lotte Hi-Mart Heart Love Card,’ which is now on sale.


The ‘Lotte Hi-Mart Heart Love Card’ is the second co-branded card for the home appliance sales sector, following the ‘LG Electronics Best Care Card’ launched by Gwangju Bank in July last year.


The ‘Lotte Hi-Mart Heart Love Card’ offers long-term installment plans of 24 or 36 months to reduce the payment burden when purchasing high-priced home appliances.


The long-term installment service is available at a low annual interest rate of 5.5% for usage amounts over 400,000 KRW, and the card also provides cashback of up to 13,000 KRW per month for monthly spending of 300,000 KRW or more, 17,000 KRW for 700,000 KRW or more, and 23,000 KRW for 1,200,000 KRW or more in the previous month’s spending.


Additionally, to commemorate the launch of the ‘Lotte Hi-Mart Heart Love Card,’ an event offering interest-free installments and additional cashback services will be held until the end of the year.


At Lotte Hi-Mart, customers who make purchases of 400,000 KRW or more using 24- or 36-month long-term installments will receive full interest-free installment service, and during the installment period, if the previous month’s spending is 300,000 KRW or more, the cashback amount, which was previously 13,000 KRW, will be increased to 17,000 KRW.



Kim Jae-joong, head of the card business division at Gwangju Bank, said, “Gwangju Bank’s ‘Lotte Hi-Mart Heart Love Card’ is a very practical card that significantly reduces the burden on customers when preparing for weddings or replacing home appliances, while offering many benefits. We will do our best to develop excellent products and services so that it becomes a Gwangju card that customers keep close and use frequently in their daily lives.”


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

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