BNK Busan Bank Launches New 'Busan Small Business Owners 3No Hope Connection Card'

Monthly Limit of 5 Million Won, Usable for Up to 4 Years for Business Operations
Annual Fee Exemption, Guarantee Fee Waiver, Interest-Free Installments, and Cashback Benefits

BNK Busan Bank (President Bang Seongbin), in collaboration with the Busan Metropolitan Government and the Busan Credit Guarantee Foundation, is launching the 'Busan Small Business Owners 3No Hope Connection Card' to support small business owners and self-employed individuals struggling due to the economic downturn.

'Busan Small Business Owners 3No Hope Connection Card' Launched.

This card is a corporate credit card primarily intended to provide operating funds to small business owners. It is issued with a credit guarantee certificate from the Busan Credit Guarantee Foundation, which determines the credit limit.

The card offers several benefits: exemption from annual fees, exemption from guarantee fees, and up to six months of interest-free installment payments. In addition, 3% of the payment amount is returned as Dongbaekjeon support funds, up to 100,000 won per year, for a maximum of four years.

The card can be used exclusively for business-related purchases, with a monthly limit of 5 million won, for up to four years (renewable annually). Eligibility is limited to individual business owners who have operated a business in Busan for at least six months and are able to obtain a credit guarantee certificate from the Busan Credit Guarantee Foundation.

Lee Juhyung, Head of Digital Finance Group at Busan Bank, stated, "We launched this product to help stabilize the management of Busan's small business owners and alleviate their financial burdens," adding, "We will continue to develop practical support measures to be a reliable partner for local small business owners."