Thursday, February 14, 2008

What $400.00 Looks Like In Korean Won

Currently in South Korea, the largest denomination is the 10,000 won which is roughly $10.00 US. Usually, I don't walk around with 400,000 won in my purse but I went to the ATM machine and got cash, and Curt (hubby) did the same thing. His wallet won't handle more than 100,000 won, it's makes it too bulky. One time at a restaurant, he went to take out his wallet and a bunch of won went flying all over the floor. Especially when they are newly minted, they are slippery little devils, so you have to be careful.

Most Koreans use a debit card to pay instead of cash. A really big thing in South Korea is point cards. My Korean girlfriends have 20-30 of them. I have one for my Home Plus but I never figured out what to do with the points and they zeroed out with the beginning of the new year. At some places, a point card will give you a discount along with accumulating points. Even the American restaurants have point cards like Dunkin' Donuts, OutBack Steakhouse, and TGI Friday's. Whenever you are paying a cashier just about anywhere, they will ask you for your point card. It's a must if you truly want to be Korean.


CreekHiker said...

And just what are you going to do with all that cash???

So what happens with the points...are they for free goods.

I hate all the grocery cards we have to carry. I'm so glad they are now attached to our phone numbers. I feel like, you should just have a sale; don't make people join a club and carry a card to get a discount...

Becky said...

Holly: You know me,I'm going to spend it!!!! The points accumulate towards coupons.

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