KB Kookmin Card has introduced a fuel-specialized credit card that offers discounts of up to 17% on fuel costs.
On November 6, KB Kookmin Card announced the launch of the 'KB NEED Oil Card.' This card features a base fuel discount, additional savings when fuel prices rise, and special discounts on specific days.
Customers can choose one of the four major oil companies—SK Energy, GS Caltex, HD Hyundai Oilbank, or S-Oil—to receive a 10% discount on fuel purchases at that station.
Additionally, the card provides extra discounts that respond to fluctuations in international oil prices and domestic fuel costs. If the average fuel price announced by the Korea National Oil Corporation's Opinet rises compared to the previous week, cardholders will receive an additional 2% discount on their fuel purchases for the following week.
Depending on the previous month's spending, customers can receive combined discounts of up to 10,000 won, 20,000 won, or 30,000 won, based on spending thresholds of 400,000 won, 800,000 won, or 1.6 million won, respectively.
On the 5th of each month, an 'Oil Day' discount is also available. Customers who fuel up for 50,000 won or more on this day will receive an additional 5% discount. Customers who spent over 800,000 won the previous month can receive up to 2,500 won, while those who spent over 1.6 million won can receive up to 5,000 won. If all three discount conditions are met, a maximum fuel discount of 17% can be applied.
The card also includes benefits related to vehicle maintenance, offering a 10% discount on parking, car washes, and Kakao T chauffeur services, up to a maximum of 5,000 won per month. Customers who pay 300,000 won or more for auto insurance can receive a 10% discount, with a maximum annual discount of 30,000 won.
The annual fee for the primary card is 20,000 won, while the mobile-only card costs 14,000 won. A separate annual fee of 7,000 won applies for family cards.
A representative from KB Kookmin Card stated, "We focused on reducing customers' fuel cost burdens by adding additional discounts for rising fuel prices and monthly discounts on the 5th. We will continue to expand products and services that provide practical help in customers' daily lives."
* This article has been translated by AI.
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