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Drew345

Joined: 24 May 2005
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Posted: Sun Feb 14, 2010 3:14 pm Post subject: T-money on your bank card? |
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I just had my third T-money card go bad. This is over 6 years here, so the average of 2 years per card is not too bad. But it is so frustrating because you just loose all the money on the card (about 10,000 won). I used it to get on a bus, and 5 minutes later, getting off the bus, the card was dead, never to work again. The station agent told me I could get the issue price of 2500 won refunded from an LG store, but the money on the card is just lost.
Anyone use T-money with their bank card? Is that an ATM, debit or credit card? Do you have to charge it with T-money? or does it just charge (debit) your account every time you use it? Can you transfer with that system?
I am looking for something more reliable than those T-money credit card sized cards. I have debit and ATM cards (no Korean credit card).
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Forever

Joined: 12 Nov 2009
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Posted: Sun Feb 14, 2010 3:52 pm Post subject: Re: T-money on your bank card? |
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Drew345 wrote: |
I just had my third T-money card go bad.
The station agent told me I could get the issue price of 2500 won refunded from an LG store, but the money on the card is just lost.
I am looking for something more reliable than those T-money credit card sized cards. |
Those BIG T-money cards often go bad - and NO you cannot just walk into an LG store and get your 2500won back - they will tell you - that you have to go to the "LG Headquarters" - which is who knows where??
Just walk into a 7-eleven, family mart, etc and purchase one of these -
http://cfs10.tistory.com/image/19/tistory/2008/12/05/17/08/4938e177afef0
much smaller - just attach it to your cellphone - they rarely break - mine has been working fine for a long, long time.
http://upload.wikimedia.org/wikipedia/en/1/1a/Cellphone_accessory_T-money.JPG
Drew345 wrote: |
Anyone use T-money with their bank card? Is that an ATM, debit or credit card?
Do you have to charge it with T-money? or does it just charge (debit) your account every time you use it? Can you transfer with that system?
I have debit and ATM cards (no Korean credit card). |
Yes, I also have T-money on my Samsung credit-card - however I only use that for taxi's.
It just takes the taxi fare out of my credit card. I never use that on a bus or subway - why would I want to use my t-money-credit-card to pay 900won?
I know many, many Koreans do, but I have seen them drop their cards all over buses etc also, so its just silly using your credit card everytime you get on and off a bus, just purchase one of those small key-ring t-money things above and attach it to your cellphone.
If you are lucky enough to have a new KT (SHOW) cellphone - then your cellphone has t-money which just gets billed in your phone bill -
http://www.kimgiza.com:8888/files/attach/images/73/845/035/TSMS-01-1.jpg
Best choice is just purchase one of these small t-money key-chains and attach it to your cellphone.
http://cfs10.tistory.com/image/19/tistory/2008/12/05/17/08/4938e177afef0 |
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Slaps
Joined: 22 Jun 2007 Location: Sitting on top of the world
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Posted: Sun Feb 14, 2010 4:09 pm Post subject: |
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My wife uses her KEB debit card as her t-money card with no issues at all. I think it's great that it just comes straight out of your bank account, meaning that you never need to top it up like normal t-money cards.
I was told when I opened my KB account and given my debit card that the government will not allow foreigners to have bank cards that can be used as t-money. I hope someone will prove me wrong and the bank clerk was just spouting b.s. |
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Forever

Joined: 12 Nov 2009
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Posted: Sun Feb 14, 2010 4:15 pm Post subject: |
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Slaps wrote: |
I was told when I opened my KB account and given my debit card that the government will not allow foreigners to have bank cards that can be used as t-money. I hope someone will prove me wrong and the bank clerk was just spouting b.s. |
I know the clerk was spouting b.s. because I am a foreigner and when I applied for my samsung credit card, I was asked if I wanted t-money on it.
I said yes.
When my samsung credit card arrived it had t-money on it.
Also Hana bank just gave me a new DEBIT card (because my old was expired) and it is also a check-card and has BC, T-money etc on it - I didn't even ask for it - they just gave it to me as my new DEBIT keycard.
As I said, I only use that in a taxi - as I have seen to many Koreans drop their credit/debit cards in buses after using them as t-money. And we all know anyone could pick up that credit/debit card and use it to purchase something - because in korea you just swipe and sign - no need for a P.I.N. (kind of dangerous).
For buses and subway, I just use the key-chain thingy attached to my cellphone and usually top it up 10,000won each week at any subway station - takes only 40 seconds to top up at the new machines (once a week). |
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Drew345

Joined: 24 May 2005
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Posted: Sun Feb 14, 2010 4:37 pm Post subject: |
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Thanks for the good advice. I'll take a look at the cell phone attachment, but when I tried things like that in the past I just didn't like things hanging off my cell phone. But thanks and I'll take a look for sure.
When you use T-money on a debit card, can you transfer bus to subway? If you transfer, dies it deduct 100 won more from your bank account? Is there a service charge on top of that 100 won debit when you transfer.
I'll go check with my bank tomorrow if my debit card can be T-money enabled.
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crossmr

Joined: 22 Nov 2008 Location: Hwayangdong, Seoul
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Posted: Sun Feb 14, 2010 6:38 pm Post subject: |
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I've got an SK phone with T-Money on it. I've been using it for hmm.. almost 1.5 years. It hasn't failed, but every now and then it seems to "shut off" so I have to turn on the t-money app on the phone and it'll scan again.
I'm not really sure what that is all about. |
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vastrei4
Joined: 14 Dec 2009
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Posted: Thu Feb 18, 2010 12:05 am Post subject: |
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Does any foreigner have a DEBIT card with T-money, not a credit card?
Follow up question...does anyone have a credit card with woori? |
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Forever

Joined: 12 Nov 2009
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Posted: Thu Feb 18, 2010 2:33 am Post subject: |
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vastrei4 wrote: |
Does any foreigner have a DEBIT card with T-money, not a credit card? |
I'm a foreigner and I said I have T-money on a DEBIT card.
Forever wrote: |
Also Hana bank just gave me a new DEBIT card (because my old was expired) and it is also a check-card and has BC, T-money etc on it - I didn't even ask for it - they just gave it to me as my new DEBIT keycard. |
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pkang0202

Joined: 09 Mar 2007
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Posted: Thu Feb 18, 2010 4:00 am Post subject: |
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You can get a refund on the T-Money. You go to a convenience store and they'll give you an envelope where you write in your name/address/bank account info. They mail the card off to T-Money and you get your balance deposited into your bank after a few weeks.
Also, having a T-Money on your bank card is beneficial. Those purchases are tracked. At my school, a student stole someone else's T-Money card. It was a card tied to a debit card account. The school caught the culprit by seeing where the charges were coming from, going to the store and getting the CCTV footage.
So, if you get your wallet stolen, and someone is dumb enough to use your T-Money card on your credit card, chances are very good you can catch the thief. |
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toonchoon

Joined: 06 Feb 2009 Location: Gangnam
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Posted: Thu Feb 18, 2010 8:54 pm Post subject: |
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Slaps wrote: |
My wife uses her KEB debit card as her t-money card with no issues at all. I think it's great that it just comes straight out of your bank account, meaning that you never need to top it up like normal t-money cards.
I was told when I opened my KB account and given my debit card that the government will not allow foreigners to have bank cards that can be used as t-money. I hope someone will prove me wrong and the bank clerk was just spouting b.s. |
I am a foreigner and have the "transit" chip in my KEB Check card. The money adds up ever month, then gets deducted from my KEB account at the end of the month. Go to the KEB Itaewon branch, sit down with the clerk (don't go to the standing counter) and apply for the card. You'll get a new card within a week. |
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Ruthdes

Joined: 16 Oct 2008 Location: Seoul
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Posted: Thu Feb 18, 2010 9:32 pm Post subject: |
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I love my KEB credit card with T-money. It's so much more convenient than my old t-money card. It just sits at the back of my purse and scans through it. There is no chance of dropping the card because it doesn't come out of my purse. As said before, it adds up and is deducted from my account once a month. I never have to top it up.
The only downside was that I had to put down a 1 million won deposit to get the credit card, and my limit is only 900,000won. The owing amount is taken from my other account once a month, but I go online to pay more often because I spend more than that in a month.
I've never heard about T-Money on a debit card, but it sounds like it's worth checking out Hana Bank and asking for one. Maybe Forever can tell us which branch he/she uses. |
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jiyull

Joined: 21 Mar 2008 Location: Seoul
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Posted: Sat Jun 19, 2010 7:29 am Post subject: |
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You can get your money back that was on your "no longer working" t-money card.
It happened to me once, I went to a Seoul Metro employee and told him about my problem and he told me to go a GS25 and then when I got there, a clerk gave me a prepaid envelope form to fill out and was told to mail it along with the t-money card...
A week later, I received the money in my bank account that I filled out on the form. |
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Savant
Joined: 25 May 2007
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Posted: Sat Jun 19, 2010 8:23 am Post subject: |
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toonchoon wrote: |
Slaps wrote: |
My wife uses her KEB debit card as her t-money card with no issues at all. I think it's great that it just comes straight out of your bank account, meaning that you never need to top it up like normal t-money cards.
I was told when I opened my KB account and given my debit card that the government will not allow foreigners to have bank cards that can be used as t-money. I hope someone will prove me wrong and the bank clerk was just spouting b.s. |
I am a foreigner and have the "transit" chip in my KEB Check card. The money adds up ever month, then gets deducted from my KEB account at the end of the month. Go to the KEB Itaewon branch, sit down with the clerk (don't go to the standing counter) and apply for the card. You'll get a new card within a week. |
I realise that the previous poster dredged up this old thread but I wanted to add some extra information to the above.
For the KEB check card with the "transit" chip I was informed that when I got it I needed to maintain a minimum balance of 200,000 won in my checking account for it to always work. |
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crossmr

Joined: 22 Nov 2008 Location: Hwayangdong, Seoul
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Posted: Sat Jun 19, 2010 4:38 pm Post subject: |
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Savant wrote: |
toonchoon wrote: |
Slaps wrote: |
My wife uses her KEB debit card as her t-money card with no issues at all. I think it's great that it just comes straight out of your bank account, meaning that you never need to top it up like normal t-money cards.
I was told when I opened my KB account and given my debit card that the government will not allow foreigners to have bank cards that can be used as t-money. I hope someone will prove me wrong and the bank clerk was just spouting b.s. |
I am a foreigner and have the "transit" chip in my KEB Check card. The money adds up ever month, then gets deducted from my KEB account at the end of the month. Go to the KEB Itaewon branch, sit down with the clerk (don't go to the standing counter) and apply for the card. You'll get a new card within a week. |
I realise that the previous poster dredged up this old thread but I wanted to add some extra information to the above.
For the KEB check card with the "transit" chip I was informed that when I got it I needed to maintain a minimum balance of 200,000 won in my checking account for it to always work. |
Are you talking about the green "yes" card? It actually gives a 100W discount but you have to spend at least 200,000W a month to get the discount. |
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Savant
Joined: 25 May 2007
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Posted: Sun Jun 20, 2010 1:32 am Post subject: |
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crossmr wrote: |
Savant wrote: |
toonchoon wrote: |
Slaps wrote: |
My wife uses her KEB debit card as her t-money card with no issues at all. I think it's great that it just comes straight out of your bank account, meaning that you never need to top it up like normal t-money cards.
I was told when I opened my KB account and given my debit card that the government will not allow foreigners to have bank cards that can be used as t-money. I hope someone will prove me wrong and the bank clerk was just spouting b.s. |
I am a foreigner and have the "transit" chip in my KEB Check card. The money adds up ever month, then gets deducted from my KEB account at the end of the month. Go to the KEB Itaewon branch, sit down with the clerk (don't go to the standing counter) and apply for the card. You'll get a new card within a week. |
I realise that the previous poster dredged up this old thread but I wanted to add some extra information to the above.
For the KEB check card with the "transit" chip I was informed that when I got it I needed to maintain a minimum balance of 200,000 won in my checking account for it to always work. |
Are you talking about the green "yes" card? It actually gives a 100W discount but you have to spend at least 200,000W a month to get the discount. |
I have the purple Power Check [valid only in Korea] card with transit chip. It looks exactly the same as my old purple Power Check card which didn't have the transit chip. |
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