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Dongbaekjeon Cashback Limit to Be Increased to KRW 500,000 Starting in November Cashback rate expanded to 13% to further boost local consumption

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Busan Metropolitan City announced that, starting in November, the monthly cashback limit for the local currency Dongbaekjeon will be raised from the current KRW 300,000 to KRW 500,000 for two months (November–December) to promote local spending and support small business owners.

The City will also implement a temporary increase in the cashback rate to up to 18% and apply an additional KRW 500,000 limit during the nationwide discount event, Korea Grand Festival (October 29–November 9).

While the cashback rate for November–December will remain at the current maximum of 13%, the City will temporarily apply the higher rate of up to 18% and an additional KRW 500,000 spending limit during the Korea Grand Festival period (October 29–November 9). Accordingly, users can receive up to KRW 90,000 cashback on purchases of KRW 500,000 during the festival.

As a result, in November alone, users can receive up to KRW 155,000 cashback when spending a total of KRW 1,000,000. This marks the highest cashback benefit level since Dongbaekjeon was launched in December 2019.

Dongbaekjeon Cashback Limits and Rates by Period (from October onward)

Dongbaekjeon Cashback Limits and Rates by Period (from October onward)

Period	Cashback Limit	Merchant Annual Sales ≤ KRW 1 billion	Merchant Annual Sales KRW 1–3 billion	Maximum Cashback
Korea Grand Festival (Oct. 29–Nov. 9, 2025)	KRW 500,000	18%	16%	KRW 90,000
Nov. 10–30, 2025	KRW 500,000	13%	11%	KRW 65,000
Dec. 1–31, 2025	KRW 500,000	13%	11%	KRW 65,000

• ●Merchants with annual sales exceeding KRW 3 billion are not eligible for cashback.

• ●The additional 5% cashback benefit during the Korea Grand Festival period will not be provided once the budget is exhausted.

In addition, the same level of cashback benefits will be applied to the Busan small business delivery app Ttaenggyeoyo, the public taxi-hailing app Dongbaek Taxi, and the online local product mall Dongbaek Mall.

Meanwhile, to stimulate local consumption in the second half of the year, the City has already expanded the Dongbaekjeon cashback rate to a maximum of 13% since September.

As a result, Dongbaekjeon’s total issuance reached KRW 1.2 trillion from January to September this year, an increase of approximately 21.6% compared to the same period last year, demonstrating positive effects on revitalizing local consumption and economic recovery.

Mayor Park Heong-joon stated, “This expansion of the Dongbaekjeon monthly limit and cashback rate builds upon the program’s past success and is linked with the Korea Grand Festival to further enhance citizen participation and boost local spending. I hope that the record-high cashback benefits will encourage many citizens to use Dongbaekjeon, thereby supporting small business owners and contributing to the recovery of the local economy.”