Can High Oil Price Relief Funds Be Used at Olive Young? | From Eligibility and Usage Locations to How to Apply

Everyone is feeling the increased burden of living expenses these days due to rising prices, right? 😭

So, I imagine you are very interested in the oil price relief funds announced this time.

 

I was wondering if I could use the high oil price relief funds at Olive Young.

I've run out of toner and lotion lately, and it's a bit of a burden...

 

today

✔ Eligibility for High Oil Price Damage Relief Fund
✔ How to Apply for High Oil Price Relief Funds
✔ Where to use high oil price relief funds
✔ Availability at Olive Young

 

I'll sort out even the confusing parts for you all at once!

 

✅ High Oil Price Relief Funds at a Glance (Conclusion)

💌 Eligibility: Bottom 70% income + vulnerable groups

💌 Support Amount: 100,000 KRW ~ Max 600,000 KRW

💌 Application Period: Divided into 1st and 2nd rounds

💌 Expiration Date: Until August 31, 2026

I will tell you in detail below whether or not I use Olive Young!

 

 

 

✅ Eligibility for High Oil Price Damage Relief Fund

The eligibility for high oil price relief funds is broadly divided into three categories.

 

💌 1st Winner

- Basic livelihood recipients

- Near-poverty

- Single-parent family

 

💌 2nd Winner

- People in the bottom 70% income bracket

- Selected based on health insurance premiums

💌 Eligibility Criteria for High Oil Price Relief Funds (Income Criteria)

Household members	Based on monthly income (pre-tax)
single-person households	Approximately 3.85 million won or less
2-person household	Approximately 6.3 million won or less
3-person household	Approximately 8.1 million won or less
4-person household	Approximately 9.9 million won or less

 

 

 

✅ Application Schedule for 1st and 2nd Rounds of High Oil Price Relief Funds

1st round of high oil price relief funds

✔️ Period: 4/27 ~ 5/8

✔️ Target: Vulnerable groups

✔️ Amount: Up to 550,000 to 600,000 won

 

2nd round of high oil price relief funds

✔️ Period: 5/18 ~ 7/3

✔️ Target: 70% of the general public

✔️ Price: 100,000 to 250,000 won

 

However, if you receive the first payment, you cannot receive the second payment simultaneously.

 

✅ How to Apply for High Oil Price Relief Funds

There are two main ways to apply for the high oil price relief fund.

 

💌 Online application

- Card company app/website

- Toss, Naver Pay, Kakao Pay

- Local Love Gift Certificate App

 

It's a quick and easy method!

 

💌 Offline application

- Visit to the Community Center

- Banking operations

 

Recommended for seniors or those who have difficulty applying in person

 

They say that if you apply, it is usually topped up the very next day 💗

 

✅ Where to use high oil price relief funds

division	Availability	example
neighborhood store	✔ Available	Neighborhood grocery store, restaurant, cafe
Living services	✔ Available	Hair salon, academy
medical treatment	✔ Available	Hospitals, pharmacies
Amenities	✔ Available	convenience store
Large distribution	❌ Not possible	Department stores, hypermarkets
online	❌ Not possible	Online shopping mall, delivery app payment
Entertainment/Gambling	❌ Not possible	Entertainment establishments, casinos
franchise	❌ (Company-operated store)	Large corporation directly managed stores

 

Only at small business stores with annual sales of 3 billion won or less

It is available!

 

 

✅ Can High Oil Price Relief Funds Be Used at Olive Young?

To start with the conclusion

mostly ❌ Unavailable

 

Olive Young is a large retail store affiliated with CJ.

It is difficult to use because they are often classified as large franchises or company-owned stores.

 

💌 How to check if you can use the High Oil Price Relief Fund

- Check the “Local Love Gift Certificates Accepted” sticker at the store

- Check merchant status for card payments

 

 

🚨 Important Precautions You Must Know

✔ Links sent via text message = Almost always a scam
✔ The government does not send text messages containing URLs
✔ Cannot be changed after selection

 

 

✅ Key Summary (Really Important Parts)

💌 Eligibility for High Oil Price Relief Fund → Bottom 70% of Income Earners
💌 How to apply for High Fuel Price Relief Funds → Credit Card Companies / Apps / Community Centers
💌 Where to use high oil price relief funds → Focus on small business owners
💌 High Oil Price Relief Funds at Olive Young → Mostly Unusable

 

 

It's tough these days because prices have risen so much.

I really hope you receive the high oil price relief funds!

However, unfortunately, you can't pay at places like Olive Young 🥹

However, it might be possible for smaller stores, so I recommend checking the store information!

 

 

 

 

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