Maximize Your Savings: Property Tax Payment Benefits from Top Card Companies

Discover the benefits provided by Shinhan, Woori, NH Nonghyup, Hana, and BC cashback on property tax payments

As September approaches, the month for paying property taxes on land and houses, interest in property tax payment benefits is increasing among land and house owners. Various card companies such as Shinhan Card, Woori Card, NH Nonghyup Card, Hana Card, and BC Card are offering cashback benefits related to property tax payments.

According to the credit card platform Card Gorilla, land subject to property tax is land excluding land attached to a house, and the second housing unit is housing including apartments, townhouses, multi-family houses, multi-family houses, and single-family houses. Anyone who owns land and a house as of June 1, the tax base date, is liable to pay taxes.

It is recommended to take advantage of property tax events held by card companies, as there is no fee for paying property taxes by card. Additionally, be aware that missing the payment deadline may result in an additional 3% surcharge.

Card Company Benefits

• Shinhan Card: Offers a 0.1% cashback on the amount paid when paying local taxes with a Shinhan personal check card. The cashback is scheduled to be paid on the 8th of next month, and the benefit period is until the 30th.
• Woori Card: Offers a partial interest-free installment benefit (10 months or 12 months) when paying property taxes. The benefit period is the same as Shinhan Card.
• NH Nonghyup Card: Provides interest-free (up to 4 months) and partial interest-free (up to 10 months) benefits when paying national and local taxes of 50,000 won or more in installments. The period is until December 31st.
• Hana Card: Offers a partial interest-free installment benefit when paying national and local taxes of 50,000 won or more in installments.
• BC Baro Card: Accumulates Eco Money Points when paying national and local taxes with BC Green Card after My Tag. Points are scheduled to be accumulated on the 31st of next month.

By taking advantage of these benefits, land and house owners can maximize their savings on property tax payments.