What are the conditions for the Lotte Duty Free Shop Black Card?
The conditions for the Lotte Duty Free Shop Black Card mainly include the following points:
Applicants must be at least 18 years old , and have a valid passport and visa.
Applicants must have sufficient credit history and good repayment ability.
Applicants must have a consumption record of at least US$10,000 at Lotte Duty Free Shop, and have at least one consumption record in the past 12 months.
Applicants need to make at least 5 purchases at Lotte Duty Free Shop.
Applicants need to provide a personal income certificate to prove that they have sufficient repayment ability. The main requirements for the Lotte Duty Free Shop Black Card are as follows:
The cardholder must be an adult over 18 years old and have full capacity for civil conduct.
Cardholders need to meet Lotte Duty Free’s total annual personal consumption requirements, which is generally more than US$10,000.
Cardholders need to meet Lotte Duty Free’s requirements for personal consumption records. Generally, they can only apply if they have spent more than US$10,000 within the past two years or within 5 years of receiving the issued silver card.
Cardholders need to provide a valid passport and shopping receipt, and go to the counter of Lotte Duty Free Shop in South Korea to handle the process.
In addition to the above requirements, the Lotte Duty Free Shop Black Card also has some other benefits and services, such as enjoying more discounts and points, entering the VIP lounge of Lotte Duty Free Shop, etc. However, it should be noted that the Lotte Duty Free Black Card is not a credit card, but a shopping discount card, which cannot be used for overdraft or cash withdrawal.
To sum up, the conditions for Lotte Duty Free Black Card include age, credit record, consumption record and repayment ability. If the applicant meets these conditions, he or she can apply for a black card from Lotte Duty Free to enjoy more discounts and services.
Legal basis:
The "Korean Credit Information Act" and related regulations stipulate that applying for a Lotte Duty Free Black Card requires checking the applicant's credit record and evaluating his repayment ability. . If the applicant meets the conditions for the Lotte Duty Free Black Card, Lotte Duty Free will provide the black card service.