South Korean residents’ overseas card spending hit a record $22.91 billion in 2025, fueled by surging outbound travel and cross-border e-commerce, while non-residents’ domestic card use also reached an all-time high.
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Overseas Card Spending by Koreans Hits Record $22.91 Billion Last Year
South Korean residents’ overseas card spending hit a record $22.91 billion in 2025, fueled by surging outbound travel and cross-border e-commerce, while non-residents’ domestic card use also reached an all-time high.
South Korea’s Q3 card spending rose 6.7% year-on-year to 327.7 trillion won ($246.7 billion), driven by robust consumer sentiment and increased vehicle and online payments, with both personal and corporate card usage expanding amid government stimulus measures and improved market conditions.
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Card Spending Rises to 327.7 Trillion Won in Q3 as Vehicle and Online Payments Drive Consumption Growth
South Korea’s Q3 card spending rose 6.7% year-on-year to 327.7 trillion won ($246.7 billion), driven by robust consumer sentiment and increased vehicle and online payments, with both personal and corporate card usage expanding amid government stimulus measures and improved market conditions.
Samsung Card Co. reported a Q3 net profit of 161.7 billion won, down 4.2% year-on-year but beating market expectations, as card spending and loan receivables grew despite higher funding and credit loss costs.
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Samsung Card Posts Q3 Net Profit of 161.7 Billion Won, Down 4.2%—Beats Market Expectations
Samsung Card Co. reported a Q3 net profit of 161.7 billion won, down 4.2% year-on-year but beating market expectations, as card spending and loan receivables grew despite higher funding and credit loss costs.
South Korea’s Q2 card spending rose 3.7% year-on-year to 313 trillion won ($241.6 billion), driven by recovering consumer sentiment and robust online shopping, while corporate card use surged on improved business performance.
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Card Spending Rises 3.7% to 313 Trillion Won in Q2
South Korea’s Q2 card spending rose 3.7% year-on-year to 313 trillion won ($241.6 billion), driven by recovering consumer sentiment and robust online shopping, while corporate card use surged on improved business performance.
Card Spending Rises 2.9% in April to 103 Trillion Won
South Korea’s card spending rose 2.9% year-on-year in April to 103.7 trillion won ($75.6 billion), with credit card usage up and debit card spending down, according to the Credit Finance Association.
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