IBK Bank, Launches 'I-Travel' Check Card Specializing in Overseas Travel

[Financial News] IBK Bank announced on the 27th that it has launched a new product, the 'I-Travel' check card, specializing in overseas payments for overseas travel customers.
The 'I-Travel' check card allows withdrawals in amounts where the preferential exchange rate (base rate) is applied from a won account when used overseas, and there is no annual fee. Additionally, regardless of the previous month's performance, international brand fees and overseas usage fees are waived, and overseas ATM withdrawal fees are waived up to three times a month.
Moreover, for the first time in a check card specializing in overseas travel, if the previous month's performance exceeds 500,000 won, 1 Korean Air mile is accumulated for every 3,000 won spent on transactions over 30,000 won at domestic and overseas merchants.
Meanwhile, to commemorate the launch of the new product, IBK Bank will hold an event from June 1st, where 500 customers who complete an event application in the IBK card app after spending over 200,000 won with the 'I-Travel' check card will be selected to receive 2,000 Korean Air miles.
Detailed information about the product and event can be found on the IBK Bank website or through the IBK card app.
An IBK Bank representative stated, "We have developed a card that can meet the steadily increasing demand for overseas travel," and added, "We will continue to develop card products that reflect customer needs by listening to customer feedback."  

sjmary@fnnews.com Seo Hyejin Reporter