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vitald
Joined: 08 Jun 2009 Location: Seoul
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Posted: Mon Feb 15, 2010 12:03 am Post subject: Which Korean credit/debit cards have the best perks |
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I went snowboarding this weekend and found out that having certain credit/debit cards will yield some pretty good discounts on lift passes and equipment rentals. I've been here for 5 months now and have a KB debit card. For those of you that have 'em, which cards do you recommend? What kind of perks do you get? I want to get a Korean credit card for times when I can't use my KB debit card (which isn't working right now at ATMs. wtf KB. people need money during the holidays). |
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crossmr

Joined: 22 Nov 2008 Location: Hwayangdong, Seoul
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Posted: Mon Feb 15, 2010 12:41 am Post subject: |
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keep in mind that most foreigners can't just get a random Korean credit card. Not without difficulty. There is one..uhm..the shinhan card I think.. or is it samsung? that specifically targets foreigners. They'll send out an english speaker to get you signed up, etc. If you search you'll find it.
That said, one of my friends has the "yes" card. It gives a transit discount, depending on how much transit you take it could save you a little. |
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victorology
Joined: 10 Sep 2007
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Posted: Mon Feb 15, 2010 12:53 am Post subject: |
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It really depends on your spending habits. I have a KB card that gives me 30 to 60 free phone minutes per month. It also gives me discounts at various coffee shops and movie theaters. There are other discounts but I almost never use those. I have a separate card that gives me discounts on gasoline.
If you go to the bank, they can provide a chart listing all of the cards and what discounts they provide. Try to go with a Korean friend or find a teller that can speak English. |
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naturegirl321

Joined: 18 Jul 2006 Location: Home sweet home
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Posted: Wed Feb 17, 2010 4:59 pm Post subject: |
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crossmr wrote: |
keep in mind that most foreigners can't just get a random Korean credit card. Not without difficulty. There is one..uhm..the shinhan card I think.. or is it samsung? that specifically targets foreigners. They'll send out an english speaker to get you signed up, etc. If you search you'll find it.
That said, one of my friends has the "yes" card. It gives a transit discount, depending on how much transit you take it could save you a little. |
What's the usual limit on the credit card and can you get it with any resident visa? |
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crossmr

Joined: 22 Nov 2008 Location: Hwayangdong, Seoul
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Posted: Wed Feb 17, 2010 5:08 pm Post subject: |
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naturegirl321 wrote: |
crossmr wrote: |
keep in mind that most foreigners can't just get a random Korean credit card. Not without difficulty. There is one..uhm..the shinhan card I think.. or is it samsung? that specifically targets foreigners. They'll send out an english speaker to get you signed up, etc. If you search you'll find it.
That said, one of my friends has the "yes" card. It gives a transit discount, depending on how much transit you take it could save you a little. |
What's the usual limit on the credit card and can you get it with any resident visa? |
From what I remember people writing about it it was usually for teachers. You'd have to use the search to find it. It was at least a few months ago the last time I saw someone mentioning getting it. |
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naturegirl321

Joined: 18 Jul 2006 Location: Home sweet home
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Posted: Wed Feb 17, 2010 5:27 pm Post subject: |
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Thanks. It-s something I-ll have to look into, since my US credit cards have pushed my limit down to 1/10 of what it was before since I only used it once a year to buy flights. |
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crossmr

Joined: 22 Nov 2008 Location: Hwayangdong, Seoul
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Posted: Wed Feb 17, 2010 5:37 pm Post subject: |
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naturegirl321 wrote: |
Thanks. It-s something I-ll have to look into, since my US credit cards have pushed my limit down to 1/10 of what it was before since I only used it once a year to buy flights. |
Its unlikely you're going to get a huge limit. I think you might get $1000-$2000 at most. |
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scorpiocandy
Joined: 27 Feb 2008
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Posted: Wed Feb 17, 2010 6:19 pm Post subject: |
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naturegirl321 wrote: |
crossmr wrote: |
keep in mind that most foreigners can't just get a random Korean credit card. Not without difficulty. There is one..uhm..the shinhan card I think.. or is it samsung? that specifically targets foreigners. They'll send out an english speaker to get you signed up, etc. If you search you'll find it.
That said, one of my friends has the "yes" card. It gives a transit discount, depending on how much transit you take it could save you a little. |
What's the usual limit on the credit card and can you get it with any resident visa? |
I got a Samsung card last year and I had 3 options for my limit. 3 mill, 5 mill or 10 mill. Apparently you can get it increased after 6 months if you need to.
I chose 3, so I'm not sure if you automatically would get 5 or 10 if you chose it.
And since you will be working at a university you would be able to apply for one |
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vitald
Joined: 08 Jun 2009 Location: Seoul
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Posted: Fri Feb 19, 2010 9:03 pm Post subject: |
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scorpiocandy wrote: |
naturegirl321 wrote: |
crossmr wrote: |
keep in mind that most foreigners can't just get a random Korean credit card. Not without difficulty. There is one..uhm..the shinhan card I think.. or is it samsung? that specifically targets foreigners. They'll send out an english speaker to get you signed up, etc. If you search you'll find it.
That said, one of my friends has the "yes" card. It gives a transit discount, depending on how much transit you take it could save you a little. |
What's the usual limit on the credit card and can you get it with any resident visa? |
I got a Samsung card last year and I had 3 options for my limit. 3 mill, 5 mill or 10 mill. Apparently you can get it increased after 6 months if you need to.
I chose 3, so I'm not sure if you automatically would get 5 or 10 if you chose it.
And since you will be working at a university you would be able to apply for one |
So where can I apply for a Samsung card? I don't think I've seen any "Samsung" banks. |
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atwood
Joined: 26 Dec 2009
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Posted: Sat Feb 20, 2010 3:10 am Post subject: |
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vitald wrote: |
scorpiocandy wrote: |
naturegirl321 wrote: |
crossmr wrote: |
keep in mind that most foreigners can't just get a random Korean credit card. Not without difficulty. There is one..uhm..the shinhan card I think.. or is it samsung? that specifically targets foreigners. They'll send out an english speaker to get you signed up, etc. If you search you'll find it.
That said, one of my friends has the "yes" card. It gives a transit discount, depending on how much transit you take it could save you a little. |
What's the usual limit on the credit card and can you get it with any resident visa? |
I got a Samsung card last year and I had 3 options for my limit. 3 mill, 5 mill or 10 mill. Apparently you can get it increased after 6 months if you need to.
I chose 3, so I'm not sure if you automatically would get 5 or 10 if you chose it.
And since you will be working at a university you would be able to apply for one |
So where can I apply for a Samsung card? I don't think I've seen any "Samsung" banks. |
They send women salespersons around to sign people up. If you're in your office when they make their rounds, you're in luck.
Or you could go to Costco or Homeplus etc. where there's always someone "selling" credit cards.
Don't sign up for the Samsung Amex card they offer. There's a 60,000won yearly fee. |
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SeoulMan6
Joined: 27 Jul 2005 Location: Gangwon-do
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Posted: Sat Feb 20, 2010 11:57 am Post subject: |
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Samsung Credit Card Office in English
02-2000-8438 |
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deadhead
Joined: 25 Jul 2007 Location: Rhode Island, USA
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Posted: Mon Feb 22, 2010 6:34 pm Post subject: |
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Where/how is the best way to get a debit card? I am trying to get a debit card that I can use for purchases as well as T Money.
I have an account at KB. This morning I went there with my Korean girlfriend and tried to get a KB debit card. I filled out the forms, then the teller/clerk made a phone call and asked if foreigners could get debit cards. I was then told that foreigners can't get debit cards.
If anyone has advice on a bank that issues debit cards I would appreciate it. Between today and the atms being down last weekend, I think I am done with KB
Thanks! |
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scorpiocandy
Joined: 27 Feb 2008
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Posted: Mon Feb 22, 2010 6:58 pm Post subject: |
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deadhead wrote: |
Where/how is the best way to get a debit card? I am trying to get a debit card that I can use for purchases as well as T Money.
I have an account at KB. This morning I went there with my Korean girlfriend and tried to get a KB debit card. I filled out the forms, then the teller/clerk made a phone call and asked if foreigners could get debit cards. I was then told that foreigners can't get debit cards.
If anyone has advice on a bank that issues debit cards I would appreciate it. Between today and the atms being down last weekend, I think I am done with KB
Thanks! |
I have an Woori Debit Card. Haven't had problems with it so far.
I asked for an International card and I had to have it activated for this purpose. The English speaking custome rep is very helpful.
I haven't actually tried to use it at an ATM abroad yet but I have been able to use it for International paypal transactions (US site).
As for just regular use within Korea it's perfectly fine. I don't know if my card has a T money function but there was a thread maybe last week about the variousl T money options. |
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SeoulnPepe
Joined: 13 Sep 2006 Location: Seoul
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Posted: Mon Feb 22, 2010 7:14 pm Post subject: |
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I've got a KEB card...it gives us discounts on gasoline, restaurants, starbucks, amusement parks and a few other perks. I got mine from the branch near Hannam-dong. They only give them if your school/job is recognized by the government (e.g. Uni, International/Foreign, and Public schools, International Corporations etc.); they also look at how long you've been with the school/company and how long you've been in the country also comes into play.
You'll need a tax document from your employer, your contract, a pay slip, your passport, and a few other documents to prove you're legit. Not a bad credit card...certainly more perks than the one I have from home. |
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djsmnc

Joined: 20 Jan 2003 Location: Dave's ESL Cafe
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Posted: Mon Feb 22, 2010 7:20 pm Post subject: |
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The Samsung card with its lovely 25% APR. No thanks! |
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