트래블월렛 카드 사용법(발급, 장점, 출금) How to use the Travel Wallet card (issuance, advantages, withdrawal)

What is a Travel Wallet Card?

What is a Travel Wallet Card? The Travel Wallet Card is a card that allows overseas payments without any fees. Using the Travel Pay app, you can recharge foreign currencies from 38 countries to your card at the real-time exchange rate at any time you want. It is a rechargeable check card that allows you to pay with the foreign currency you have loaded.

트래블월렛 카드

트래블월렛 카드
Category Travel Wallet Card
No annual fee
Availability of overseas ATMs
Not available for domestic use
Foreign payment fee 0%
Travel Pay Card Benefits
Travel Pay Card Benefits
Travel Pay Card Benefits 2
Travel Pay Card Benefits 2
Travel Wallet Card Issuance Conditions

Let’s learn about the travel wallet card issuance conditions. Any foreigner aged 17 or older can apply for the Travel Wallet Card if they have three types of identification: a mobile phone in their name, a domestic bank account, and identification (resident registration card, driver’s license, or alien registration card). Since the Travel Wallet Card is a rechargeable check card, minors over 17 years of age can also receive it.

Travel Wallet Card Benefits

Let’s learn about the benefits of the Travel Wallet Card. The Travel Wallet Card is a card that allows you to recharge and use foreign currencies from various countries in real time. You can withdraw foreign currency from an ATM locally, and for overseas payments, the payment fee is 0% for both online and offline. The TAT to Pay contactless payment function is supported, and there are additional benefits exclusive to Travel Wallet members.

Travel Pay Card Benefits 3
Travel Pay Card Benefits 3
[Travel Wallet Card ATM withdrawal]

Withdrawals can be made at any overseas ATM with the VISA logo (ATMs without the VISA mark cannot be withdrawn). Limited to $400 per time / $1,000 per day / $2,000 per month. If you withdraw less than $500 per month, the card company withdrawal fee is free, and if you withdraw more than $500 per month, a 2% fee is charged. Depending on the country and ATM device, additional local ATM service fees may apply. The monthly withdrawal limit is from the 1st to the last day of each month. Overseas ATM deposits are not possible, only withdrawals are possible. Withdrawal is possible only if the withdrawal currency matches the local currency.

[Amount that can be charged to travel card]
You can recharge from a minimum amount equivalent to $10, and the maximum limit is the equivalent of KRW 1.8 million, including card balance. There is no limit to the number of recharges and payment limits, and the maximum recharge amount per year is USD 100,000. You can check the card recharge limit in the Travel Wallet app → ‘My’ in the bottom right → Usage limit.

Types of foreign currencies that can be charged to the Travel Wallet Card
There are 38 types of foreign currencies that can be recharged with the Travel Wallet Card. In detail, the US/Hong Kong/Singapore/Australia/Canada/Taiwan (dollar), Europe (euro), UK (pound), Japan (yen), China (yuan), Thailand (baht), Vietnam (dong), Philippines (peso) ), Indonesia (Lupita), Malaysia (Ringgit), Switzerland (Franc), Qatar (Rial), Czech Republic (Koruna), Norway (Krone), Sweden (Krone), Denmark (Krone), Poland (Zloty), Hungary (Forint), United Arab Emirates (UAE dirham), Mongolia (Tugrik), Croatia (Kuna), Iceland (Krona), Brazil (Real), Peru (Nuevo Sol), New Zealand (dollar), Mexico (peso), There are Turkye (lira), Egypt (pound), Cambodia (riel), India (rupee), Laos (kip), South Africa (rand), and Kenya (shilling). You can instantly recharge your desired currency at the real-time exchange rate.
[Exchange rate applied when charging]

– Dollar, Yen, Euro: 0% foreign currency recharge fee

– Other currencies: Foreign currency recharge fee of 0.5~2.5%

– Detailed information can be found in the Travel Wallet app → ‘My’ in the bottom right → Exchange rate information.

 

Travel Wallet Card Pros and Cons
Let’s take a look at the pros and cons of the Travel Wallet Card.

[Advantages]
1. 0% overseas payment fee
2. Only the required amount can be charged and used in real time
3. Remaining balance can be refunded
4. Overseas ATM withdrawal possible
5. Contactless overseas public transportation payment possible
6. Card ON/OFF function (if the card is lost, the card can be turned off through the app)

[disadvantage]
1. Foreign currencies other than dollar, yen, and euro incur a recharge fee.
2. Local ATM fees may apply so check required
3. Exchange loss occurs when refunding the remaining balance

Go to Create a Travel Wallet Card

We learned about the Travel Wallet Card. When I travel abroad, I worry a lot about how much money I should exchange. We recommend that you exchange a small amount of money and bring a travel wallet card as a subcard. There are many advantages in many ways, as the burden of fees is low, you can recharge and use only the amount you need when you run out of money, and the remaining change can be refunded. I think I can cut down on my spending by stealing the remaining foreign currency at the airport.