"Summer Vacation Season, Cards Needed for 'Travel Discounts and Overseas Payment' Benefits"

Card Gorilla Survey

A survey conducted ahead of the summer vacation season revealed that consumers want credit cards offering travel discounts and overseas payment benefits.

On the 13th, Korea's largest credit card platform, Card Gorilla, announced that it conducted a consumer survey on ‘Card Benefits Needed for This Summer Vacation’ and obtained these results. The survey was conducted over about two weeks from the 19th of last month to the 1st of this month, targeting visitors to the Card Gorilla website. A total of 1,348 participants took part.

The most desired discount benefit was for travel products such as airline tickets and packages, accounting for 31.3% (422 votes), ranking first. This was followed by overseas payment discounts (16.2%, 219 votes) and hotel and accommodation discounts (15.7%, 212 votes). This appears to reflect the increased demand for overseas travel as the COVID-19 situation has eased. According to the Tourism Knowledge Information System of the Korea Culture and Tourism Institute, the number of domestic travelers departing abroad increased by about 55.2%, from 3,208,000 in the fourth quarter of last year to 4,979,000 in the first quarter of this year.

Other preferences were ▲fuel discounts (13.3%, 179 votes) ▲transportation discounts such as express buses and railways (10.2%, 138 votes) ▲shopping discounts at department stores, duty-free shops, and online (7.5%, 101 votes) ▲leisure discounts at water parks and amusement parks (5.7%, 77 votes), in that order.

Go Seung-hoon, CEO of Card Gorilla, said, "With the increase in travel demand and the high exchange rate period, the demand for discounts on essential travel expenses such as airline tickets, accommodations, and packages seems to have increased. In the case of overseas payments, many card products now offer local discounts, waive currency exchange fees, and overseas usage fees, so it is advisable to check these before traveling."

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