Gwangju Bank, Jeonnam Youth Culture Welfare Card Launch Event Celebration

[Asia Economy Honam Reporting Headquarters Reporter Park Jin-hyung] Gwangju Bank is holding a commemorative event for the launch of the Jeonnam Youth Culture Welfare Card until September 30.

Gwangju Bank signed a business agreement with Jeonnam Province to efficiently promote the Jeonnam Youth Culture Welfare Card support project, which provides transportation and cultural expenses to local youth, and launched the ‘1st-Y Jeonnam Youth Culture Welfare Card’.

This card offers ▲a basic cashback of 0.2% on usage amount, and tailored to the lifestyle and consumption habits of young customers, ▲an additional 0.2% cashback when used for simple payments, online shopping, convenience stores, travel, movies, and transportation industries. Additionally, ▲a special 5% cashback is provided when used at hot trend merchants (Melon, YouTube, Netflix, Wavve), coffee shops, fast food, delivery apps, beauty salons, and cosmetics industries.

To commemorate the launch of the ‘1st-Y Jeonnam Youth Culture Welfare Card’ and maximize the synergy effect of the Jeonnam Youth Culture Welfare Card project, an event is being held where customers who use an additional 100,000 KRW beyond the voucher support amount (200,000 KRW) will be entered into a draw to receive prizes.

One first-place winner will receive a Samsung Galaxy Book, three second-place winners will receive an iPad Pro, and 500 third-place winners will receive Starbucks beverage coupons.

The draw is scheduled for October 7, and detailed information about the event can be found on the Gwangju Bank website or through the KJ Card Help Center.

The Jeonnam Youth Culture Welfare Card supports 200,000 KRW annually per person for youth aged 21 to 28 who have continuously resided in Jeonnam Province for more than two years (since January 1, 2020). The support funds can be used within Jeonnam Province for enjoying cultural activities and self-development such as attending performances, taking academy courses, purchasing books, and transportation expenses.

Jeonnam Province received applications from local governments and banks for two months starting in April, conducted screenings, and finalized the list of support recipients. Youths who have been notified of their eligibility can obtain the card at any Gwangju Bank branch nationwide or through the Gwangju Bank Smart Banking app (APP).

Kim Jae-jung, Deputy General Manager of Gwangju Bank, said, “It is meaningful to participate as Jeonnam and Gwangju’s representative bank in a project that supports the dreams of local youth through the launch of the ‘1st-Y Jeonnam Youth Culture Welfare Card.’ We hope this will help improve the quality of life for youth and address Jeonnam’s vulnerable demographic structure. We will continue to do our best to develop customized products and provide financial services for youth customers.”

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