Shinhyup, COVID-19 Coexistence National Support Fund Applications Open from the 6th

Implementation of a 5-Day Rotation System Based on the Last Digit of Birth Year from the 6th to the 10th

[Asia Economy Reporter Kwangho Lee] The National Credit Union Federation of Korea announced on the 1st that from the 6th, applications for the COVID-19 Coexistence National Support Fund can be made using the Credit Union check card.

Applications can be made online starting from the 6th, and from the 13th, applications can also be submitted at branch counters until the 29th of next month.

Eligible applicants are individuals who fall within the bottom 80% of household income based on the June health insurance premium standards this year (special criteria applied for single-person households and dual-income households). The support amount is 250,000 KRW per person. Unlike last year, this emergency disaster support fund is provided on an individual basis rather than to the head of the household, and applications are also made individually.

The Credit Union check card National Support Fund can be easily applied for online through the Credit Union website, and from the 13th, applications can also be made at branch counters. When applying at the branch, applicants must bring their ID and Credit Union check card in person.

If you do not have a Credit Union check card, you can issue a card on-site and apply immediately. If issuing a card at the branch is difficult, you can issue a card through the Credit Union OnBank mobile application and then apply. Eligibility can be checked immediately on the National Support Fund application page.

When using the National Support Fund with the Credit Union check card, the deducted amount and remaining balance are sent via text message in real time. Additionally, cashback benefits based on usage and previous month's performance are also available.

The National Support Fund is deducted from the charged points and is paid by card regardless of the account balance. The National Support Fund in the applicant's name can be used at local love gift certificate affiliated stores registered in the applicant's resident registration area.

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