KB Kookmin Card Launches 'KB Kookmin Wish Travel,' a Credit Card Specialized for Overseas Payments

100% Preferential Exchange Rate Applied for Overseas Use
Overseas Usage Fees Waived

KB Kookmin Card announced on the 8th that it has launched the 'KB Kookmin WE:SH Travel' credit card, which gathers only essential benefits specialized for overseas payments.

The KB Kookmin WE:SH Travel card is an overseas-specialized product in KB Kookmin Card's representative product lineup, the ‘WE:SH’ series. It offers preferential overseas usage services without any conditions or limits. It carefully includes various benefits available at both domestic and international merchants, such as discounts on everyday categories frequently used by customers not only abroad but also domestically.

As a credit card specialized for overseas payments, it provides ▲waiver of overseas usage fees without any previous month spending conditions or limits ▲100% preferential overseas exchange rate (based on USD) without any previous month spending conditions or limits ▲free access to airport lounges worldwide (twice a year, with a previous month domestic spending of over KRW 300,000).

Generally, when using a credit card overseas, international brand usage fees and overseas service fees are charged, and the exchange rate applied (telegraphic transfer selling rate) includes a certain foreign exchange fee, which is used to calculate the amount billed in Korean won. The KB Kookmin WE:SH Travel card allows card usage overseas without these fee burdens. Additionally, since the preferential exchange rate is applied only to the amount used overseas and billed on the payment date, there is no need to reconvert leftover foreign currency into Korean won after traveling abroad, reducing the hassle and fee burden of re-exchange procedures.

Also, as a MasterCard brand card compatible overseas, contactless payment is supported when issuing a physical card, enabling safe and convenient payments abroad.

Domestic benefits are also fully covered. Customers receive a 10% discount when paying with KB Pay in five frequently used everyday categories: ▲online shopping (11st, Gmarket, SSG.COM) ▲online fashion (Musinsa, W Concept, Zigzag, 29CM) ▲coffee (offline coffee shops and Starbucks Siren Order, Coffee Bean Purple Order, Mega Coffee Mega Order, etc.) ▲convenience stores (GS25, CU) ▲movie theaters (Lotte Cinema, CGV, Megabox). The monthly discount limit for domestic everyday category benefits is KRW 10,000 for previous month domestic spending over KRW 300,000, KRW 20,000 for over KRW 700,000, and KRW 30,000 for over KRW 1,200,000.

It also includes domestic travel discount benefits such as 5% off online airlines and online duty-free shops (when paying with KB Pay), 10% off KB Insurance Direct travel insurance (when paying with KB Pay), and 10% off rail and express bus fares. For domestic travel discounts, with previous month domestic spending over KRW 300,000, the monthly discount limits are KRW 20,000 (KRW 80,000 annually) for online airlines and duty-free shops, KRW 5,000 (KRW 20,000 annually) for travel insurance, and KRW 10,000 (KRW 60,000 annually) for rail and express bus discounts.

Even without traveling abroad, customers can receive discounts up to KRW 65,000 per month through benefits in domestic everyday categories and travel-related sectors.

The annual fee for the WE:SH Travel card is KRW 25,000. If issued as a mobile-only card registered on a smartphone without issuing a physical plastic card, the fee is KRW 19,000.

A KB Kookmin Card official said, “The newly launched WE:SH Travel card automatically applies fee waivers and preferential exchange rates without a separate currency exchange process,” adding, “It was developed with deep consideration of the consumption journey of overseas users along with various discounts for domestic travelers.”