Yonhap News TV

Collect scattered card points in one place and withdraw cash

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Credit cards, debit cards, points that accumulate when you use them, and you forget to write and write, and you often lose them.

In the future, I think this will give you some.

This is because, starting today (5th), you can check the points of multiple cards at once and collect them in one place for cash.

This is reporter Lee Dong-hoon.

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Points accumulated when using a credit or debit card.

The accumulation of only last year alone amounts to 3.4 trillion.

However, there are many cases where consumers disappear without knowing how to use it.

<황서현 / 서울 서대문구> “I do earn, but I don’t think I’ve ever been guided or actually used how to use it.”

Card points disappear if you do not use them for 5 years after they are generated, but the disappearance of these points over the past 5 years has exceeded 100 billion points every year and reached 117 billion points last year alone.

As a solution to this, financial authorities and 11 credit card companies have released smartphone apps that allow you to check points and convert them into cash.

It eliminates the hassle of applying for each credit card company and converting it into cash.

In this app, you can search the points of the cards you use at once and enter the desired account.

There is also an app that allows you to cancel or change the automatic payment of communication charges at once at the KFTC without going through a credit card company, but the scope of application continues to expand.

<심재광 / 금융결제원 어카운트인포 팀장> “We plan to expand the automatic card payment change and cancellation service to electricity bills, school banking, 4 major insurance, and administrative expenses by the end of this year.”

The card point account deposit service is available only once a day for each card company, and you can deposit card points in your name only to your account.

This is Yonhap News TV Lee Dong-hoon.

Yonhap News TV article inquiries and reports: katok/line jebo23

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