Financial information for people living in Korea

Wednesday, May 6, 2020

Cider Bank PAYback check card

Cider Bank PAYback check card


As explained at previous post,
Here's a check card that's good to use together with a 2% deposit and withdrawal account (maximum interest rate) in Cider Bank.



What is cool about this Check Card?
(1) There is no requirement of last month's using amount or something.
   (This is charming condition. Not many card product provide this in Korea. Most of card products in Korea provide discount or any other benefits only when there was card usage of enough amount last month. For example, more than \300,000 WON use last month, or more than \600,0000 WON use last month.)

(2) No ATM fee at all ATM (including convenience stores)
   (This is condition with linked to "2% deposit and withdrawal account".)
   One of the best charms of this check card. It's very rare condition.

(3) Free annual fee
    (This is common condition among Korean card product these days.)

(4) Free issuance fee
    (This is common condition among Korean card product these days.)

(5) Basic discount 
   - 0.2% cashback discount at all stores in Korea
    (This is just so so condition among Korean card product these days.)

(6) Special discount
  - 2.0% cashback when paying for Naver Pay, Kakao Pay and Payco
    (This is good condition among Korean card product thesedays.)

  - 1.0% cashback when Online payment at 11th Street, Gmarket, Auction, Coupang, AK Mall, Lotte Mart Mall, SSG.COM
    (This is just so so condition among Korean card product these days.)


Red colored parts are charming and kinds of special conditions among Korean card product.
It's rare conditions in Korea.
Even though you already have other credit card in Korea, additional issuance of this card would be helpful for you. It would provide more discounts and benefits that your credit card can not provide.

Check this out!!


I will keep sharing some of the financial techniques that I'm using right now.
I am very picky to choose some financial products.
I invest enough time to search for the financial products.
So, I believe I can help you guys out to find best financial products in Korea.

Thank you.

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