4/ 10 Talk about credit card usage in Korea.

When you use your credit card in Korea, you can decide how to pay off each purchase later on.

* pay off: 지불하다, 결제하다

ex> It took me several years to pay off my student loans.

You can either choose immediate payment or an installment plan.

* immediate payment: 일시불 결제

ex> I prefer immediate payment to installments.

Of course, you have to pay interest if you decide to pay in installments.

* pay in installments: 할부로 결제하다

ex> I paid for the air-conditioner in installments.

Also, some credit cards offer minimum payment plans. Card holders can pay a small portion of their credit card bill and pay off the remaining portion the following month.

This helps customers make their payments without hurting their credit.

* make one’s payment: 결제하다

ex> You can make your payment anytime and anywhere through online banking.

Korean credit cards commonly have cash back services.

Users can get a small portion of their spending back in points.

* a small portion of: ~의 일부

ex> I donate a small portion of the money I make every month.

They can use those points to get discounts at various places.

@ I’m gonna take off now.  나 이제 갈게.

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1.      I have some debt to pay off.

2.      You can pay for the cell phone in installment.

3.      I usually make my payment online.

4.      I save up a small portion of my pay.

@ Related Topics>> Green Credit Card, Debit Cards, Credit Cards