Lotte Card Launches 'Roca Money' Card... "Pay Financial Interest with Points"

Earn up to 2% 'RocaCoin' with no limit at all franchise stores
Pay financial service interest and card bills with RocaCoin

[Asia Economy Reporter Ki Ha-young] Lotte Card announced on the 1st that it has launched a new concept card, 'Roca Money,' which allows users to pay financial interest with points.

This card features unlimited accumulation of up to 2% in exclusive points called 'Roca Coin' every time it is used, and the accumulated Roca Coins can be used to pay interest or payment amounts incurred from short-term card loans (cash services) and long-term card loans (card loans).

Even if there is no performance last month, 1% of the usage amount is accumulated as a basic reward, and if the average monthly balance of short-term card loans (cash services) and long-term card loans (card loans) last month is 3 million KRW or more, a special 2% accumulation is provided.

The annual fee is 20,000 KRW for both domestic and international use. Roca Coins are converted and used at 1 point per 1 KRW when paying interest on short-term card loans (cash services) and long-term card loans (card loans), and at 1 point per 0.5 KRW when paying payment amounts.

Lotte Card also launched the 'Roca Money Business' card, which adds tax support services to the benefits of the Roca Money card for individual business customers. This card provides value-added tax refund support service, free electronic tax invoice issuance service, designation of nearby tax accountants, and free consultation services regardless of performance.

A Lotte Card official said, "Roca Money is a card for customers who frequently use or plan to use financial services," adding, "It was prepared to reduce the burden of financial interest incurred every month."

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