KB Kookmin Card Launches 'Biz Prime Card' for High-Income Business Owners

Earn up to 600,000 Pointree Points per Month
Rewards for Pharmaceuticals, Medical Devices, Four Major Insurances, and Overseas Spending

KB Kookmin Card announced on June 8 that it has launched the 'KB Biz Prime Card,' which offers tailored benefits for high-income business owners.

This product is designed for high-income business owners with significant fixed expenses. It offers up to 600,000 Pointree points per month. In addition to basic rewards at domestic merchants, it provides differentiated benefits by including rewards for everyday spending, pharmaceuticals, medical devices, the four major insurances (health, pension, employment, industrial accident), and overseas usage.

First, customers can receive basic rewards when using the card at domestic merchants. For a monthly spending of 1 million won in the previous month, 0.2% (up to 200,000 points per month) is accumulated; for 2 million won, 0.3% (up to 300,000 points per month); and for 3 million won, 0.5% (up to 300,000 points per month).

When using the card at department stores, duty-free shops, gas stations, charging stations (excluding electric vehicles), golf courses, and golf practice ranges, customers can accumulate 0.4% (up to 200,000 points per month) for a previous month’s spending of 2 million won or more, and 1% (up to 300,000 points per month) for 3 million won or more.

For spending at pharmaceutical companies, pharmaceutical wholesalers, medical devices and supplies, pharmaceutical and other medical businesses, and health food stores, 0.4% (up to 400,000 points per month) is accumulated for a previous month’s spending of 2 million won or more, and 1% (up to 600,000 points per month) for 3 million won or more.

For the four major insurances, a 10% reward is provided. Based on the previous month’s spending, customers can accumulate up to 10,000 points per month for 1 million won or more, up to 20,000 points per month for 2 million won or more, and up to 30,000 points per month for 3 million won or more.

For basic rewards, everyday spending, pharmaceuticals and medical devices, and the four major insurances, a monthly integrated accumulation limit applies according to the previous month's spending tier. For 1 million won or more, up to 200,000 points per month can be accumulated; for 2 million won or more, up to 400,000 points; and for 3 million won or more, up to 600,000 points.

There are also benefits for overseas usage and premium services.

When using the KB Biz Prime Card at overseas merchants, customers receive a 1.4% reward. The previous month’s spending requirement is 1 million won or more, and there is no monthly accumulation limit.

If the KB Biz Prime Card is issued as an Amex brand, The Lounge service and Incheon Airport valet parking service are each provided once per day and three times per year, respectively. Domestic hotel valet parking service is available twice per month and eight times per year.

The annual fee is 120,000 won. Card applications can be made through the KB Pay application, the KB Kookmin Card website, the customer center, or at KB Kookmin Bank branches (starting in July).

A KB Kookmin Card representative stated, "The KB Biz Prime Card is packed with a variety of rewards, covering both everyday life and business areas for high-income business owners," adding, "We will provide even greater value by combining a monthly maximum of 600,000 points with unlimited overseas rewards."