The government has decided to apply the credit card cashback (win-win consumption subsidy) policy from October consumption.
1st Vice Minister of Strategy and Finance Lee Won Lee said at a regular briefing for the emergency economy on the 26th, "We will diligently carry out preparatory work so that the win-win consumption subsidy can be applied from consumption in October."
Credit card cash back is a policy that refunds 10% of the increase in consumption as cash back in order to restore win-win growth in domestic consumption.
10% of monthly card usage, which has increased by more than 3% compared to the average monthly card usage in Q2, is refunded as cash back.