Card Firms Expand Inclusive Finance Amid High Prices and Oil Costs

As high prices and elevated oil costs continue in the wake of the Middle East situation, Korean card companies are moving to offer tailored inclusive-finance products and support aimed at easing daily expenses. Samsung Card launched a card that provides a 10% discount when customers refuel at affiliated oil companies. BC Card removed the annual fee from its transit-focused card, described as a generous option for public transportation users, strengthening benefits for commuters. Shinhan Card is supporting welfare for military service members, including library projects. In a high-price, high-oil-cost environment, card-company benefits are expanding across fuel, transit and welfare areas. Source: mk.co.kr