Industrial Bank of Korea

The Joy of Everyday Life (Check)

IBK, your financial partner
for a better future.
The Joy of Everyday Life (Check)
 
   
Product Overview

Great discounts every day and everywhere, the joy of this moment

Product Overview
Issued to : Individuals (Family card issuance possible)
Brand : master card union pay
Annual Fee : UnionPay: 0 / MASTER: 0
Card Benefits
Transportation/Communication
  • 100 won discount for each bus and subway use
    • Only for post-paid transportation cards
    • Up to 1,000 won discount per month based on the date of receipt of sales statement
    • Except for transfer uses
Shopping/Beauty
  • 5% discount at GS25, CU, and 7-Eleven
    • Combined with Olive Young, once a day, twice a month, and one-time use amount limit of 10,000 won
  • 10% discount at Coupang, Ticket Monster, Wemakeprice
    • Combined once a day, twice a month, and one-time use amount limit of 10,000 won
  • 5% discount at Olive Young
    • Combined with convenience stores (GS25, CU, 7-Eleven), once a day, twice a month, one-time use amount limit of 10,000 won
Performance/Culture
  • 4,000 won off at CGV, Lotte Cinema, Megabox
    • For on-site or online purchases
    • Combined once a month, 12 times a year, with purchase of more than 10,000 won each
    • Discount excluded for purchases through booking agency sites
Cafe/Dining
  • 10% discount at major coffee shops
    • Starbucks, Coffee Bean, Café Bene, Tom N Toms, Angelinus, Twosome Place, Hollys, dal.Komm.
    • Combined once a day, twice a month, one-time use amount limit of 10,000 won
    • Except for locations in department stores and discount (outlet) stores
Finance
  • Financial Preference Service
    • IBK electronic finance transfer fee exemption Financial preference service is provided when IBK deposit and withdrawal account is used as the payment account.
    • Other bank ATM withdrawal fee exemption (10 times a month) IBK ATM / CD machine transfer fee exemption Financial preference service is provided when IBK deposit and withdrawal account is used as the payment account.
    • 70% preferential exchange rate for exchange (cash, T / C) (target currency USD, JPY, EUR) Financial preference service is provided when IBK deposit and withdrawal account is used as the payment account.
Leisure/Sports
  • Joyful IBK[Amusement Park]
    • Free admission or discount on entrance fee/tickets to major amusement parks (once a month, twice a year)
  • On-site Discount
    On-site Discount
    Division Offer Summary
    Everland (Yongin), Lotte World (Seoul), Korean Folk Village (Yongin), E-world (Daegu) 50% discount on personal pass
    Seoul Land (Gwacheon), Tongdo Fantasia (Busan) Free admission for self or 50% discount on personal pass
    Gyeongju World (Gyeongju) Select 1 of free admission for self or 50% discount on personal pass or 30% discount at California Beach
    Jeonju City Zoo Free admission for self
  • Billing Discount
    Billing Discount
    Division Offer Summary
    Family Land (Gwangju) 6,000 won billing discount on admission fee
    Major amusement park discount service is not provided for the card issue month
Other Notice
Combined Discount Limit
  • Monthly combined discount limit of 5,000 won with previous month usage record of 300,000 won or more
  • Monthly combined discount limit of 10,000 won with previous month usage record of 500,000 won or more The combined discount limit excludes financial preference service and amusement park service.
    Combined Discount Limit
    Previous Month Usage Record Over 300,000 Won Over 500,000 Won
    Monthly Combined Discount Limit 5,000 Won 10,000 Won
Service Offer Conditions
  • Discount service is provided when the amount of domestic affiliated store usage from the 1st to the last of the month before the time of card usage is over 300,000 won. However, tax and public utilities’ charge (national tax/local tax/city gas/social insurance/public fee, etc.), APT management fee, university tuition, gift certificate (includes prepaid cards) purchase and recharge, and transportation fee are excluded in calculating the previous month's usage record.
  • No discount service is provided for purchases and recharges of gift certificates (including prepaid cards)
  • Combined discount limit of 5,000 won is provided regardless of the card usage amount from the date of card registration until the end of the next month.
  • Each discount service is offered at the time of approval of the discounted sales.
  • When calculating the usage amount of the previous month, the approval cancellation amount is deducted from the usage amount of the month of the canceled sales statement receipt. If you cancel a discounted purchase, the discounted amount will be returned (claimed).
  • Monthly combined discount limits are generated on the first of each month and end on the last day of the month, and remaining combined discount limits do not roll over.
  • In the case of family cards, usage records are not included as your own and service is provided by checking the usage record for each card.
  • Financial preference service will be provided regardless of the usage record of the card from the date of card registration until the end of the next month.
  • All affiliated stores provide discounts based on the affiliate store industry registered with BC card.
  • Discount service may not be available if payment is made through various convenient payment methods.
Overseas Usage Guide
Annual Fee Return Information
  • If the card is terminated before the expiration date, the annual fee will be restored by calculating the number of days of the remaining period within 10 business days of the card cancellation date.
  • However, if the card is canceled within one year after the card is issued, the cost of issuing the card, including printing the card, shipping, etc. will be excluded from the return amount.
Law-abiding monitor review passed
  • 2019-0692(2019.02.19)
  • Expiration Date: 2019.02.19 - 2020.02.19
Notice
  • For more information on individual products, please contact a bank branch or the IBK Customer Center (1588-2566).
  • Additional services such as points and discount benefits offered when using the card will be maintained without reduction or abolishment for 5 years after a new card is released.
  • Notwithstanding the foregoing, the card company may change the additional services if any of the following occurs:
    • ① Temporary shutdown, bankruptcy, business crisis, natural disaster, a sudden change in the financial environment or other similar reasons experienced by the card company or additional service- related affiliate companies.
    • ② If the affiliate company unilaterally gives notification of the change in the additional services despite the endeavors of the card company (except when a similar service of the same kind can be provided by another affiliate company)
    • ③ If it has been more than 5 years since the new card was released, and it is difficult to maintain the profitability of the card.
  • If the card company changes the additional service, the reason for the change of the additional service and the contents of the change are posted on the homepage and you will be notified individually as soon as the issue occurs. In particular, if the change in the additional service is due to the difficulty in maintaining the profitability of the card, and it has been over 5 years since the new card was released, you will be notified monthly from six months prior.
    * Individual notification method: Either card bill, postal mail, e-mail, or mobile text message.
  • Information on cardholders with more than two cards is shared between credit card companies through the Korea Credit Information Services and may affect your credit rating.
  • In the event of any disputes relating to banking transactions, you can request resolution at the dispute settlement organization of IBK or apply for dispute mediation through the Financial Disputes Mediation Committee, etc.
    (Financial Supervisory Service: 1332 without area code, IBK: 080-800-0119)
  • IBK does not accept money, valuables or entertainment. Please report any violation of ethical management or improvement that is needed.(☎02-729-7490, e-mail : ibkethics@ibk.co.kr)
  • Overdue interest rate: contracted interest rate by member and product used + maximum 3% (within 24% of court maximum rate) However, if there is no contracted interest rate at the time of overdue occurrence, the following applies.
    • For lump-sum payment transaction overdue: interest with an installment interest rate of a minimum period (2 months) from the time of transaction
    • Non-interest installment transaction overdue: interest with an installment interest rate for the same installment contract period at the time of transaction
    • In other cases: The higher interest rate between the commercial legal interest rate by commercial law and the mutual finance household loan interest rate* is applied as the contracted interest rate.
      * The most recent non-bank financial institution weighted average loan rate announced monthly by the Bank of Korea (based on new loans)
  • When applying for a card, please check the product handbook and the terms and conditions.
  • Your credit rating may decline when using credit finance products.
  • Credit card abuse poses a threat to the household economy.
  • Excess debt is the beginning of suffering.