KB Kookmin Card launches card for overseas payments

The new card offers no-fee currency exchange, a 10% discount on domestic purchases, and free access to lounges worldwide

KB Kookmin Card launches card for overseas payments
Mi-Hyun Jo 1
2024-04-08 17:09:42 mwise@hankyung.com
Banking & Finance

KB Kookmin Card, a credit card unit of KB Financial Group, announced on Monday that it launched the WE:SH Travel credit card that offers benefits specialized for overseas payments.

The card waives foreign transaction fees, subject to the previous month's performance and without limits. 

It offers a 100% preferred foreign exchange rate in US dollars. 

Complimentary access to airport lounges worldwide. (Twice a year, after spending at least 300,000 won in domestic spending in the previous month)

It also includes domestic travel discount benefits.

One can enjoy a 5% discount on online flights and online duty-free shops (when paying with KB Pay), a 10% discount on KB Insurance Direct (when paying with KB Pay), and a 10% discount on travel-related purchases such as railways and express buses.

Write to Mi-Hyun Jo at mwise@hankyung.com

Kookmin Card acquires Cambodian leasing firm at $5.2 mn

Kookmin Card acquires Cambodian leasing firm at $5.2 mn

KB Kookmin Card, a credit card unit of KB Financial Group, and its Cambodian local subsidiary KB Daehan Specialized Bank, acquired the Southeast Asian nation's local leasing company I-Finance Leasing (IFL), the company said on Thursday.KB Kookmin and KB Daehan paid 6.45 billion won ($5.2 milli

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