Hana Card Begins Second Round of Applications for High Oil Price Relief Fund

Hana Card announced on May 18 that it has begun accepting applications for the second round of the "2026 High Oil Price Relief Fund."

This second round is aimed at approximately 32.56 million citizens in the bottom 70% income bracket, as well as vulnerable groups who missed the first application period. The application window is open from today until July 3.

During the first week of applications, from May 18 to 22, a birth year-based system will be implemented to ensure smooth processing.

The relief fund will be distributed based on the recipient's address and income level, with amounts ranging from a minimum of 100,000 won to a maximum of 600,000 won as of March 30, 2026. Recipients must use the funds by August 31, 2026, or any unused balance will automatically expire.

The funds will be provided in the form of credit and debit card points, which can be used at offline merchants with annual sales of less than 3 billion won. Key spending locations include traditional markets, neighborhood marts, restaurants, beauty salons, and optical shops. However, usage is restricted at certain establishments, such as large supermarkets, department stores, and franchise outlets.

Applicants using Hana Card can access their funds immediately without waiting, and the funds can be utilized across all Hana Card credit and debit cards. The amount spent from the relief fund will also count towards the card's usage record, allowing recipients to maintain existing card benefits and additional services.

The Hana Pay app features a function to help users find merchants that accept the relief fund. Users can search by region and store name to locate eligible vendors.

Applications can be submitted through the Hana Card website, mobile web, Hana Pay app, dedicated ARS, customer service center, and branches of Hana Bank nationwide. Customers without a Hana Card can obtain a debit card at Hana Bank branches to apply.