This is our first slang lesson at TalkToMeInKorean.com! We will introduce some useful slang expressions through this video series, so we hope you enjoy them!
카드깡 [ka-deu-kkang] describe the act of paying with your credit card or debit card when you don’t have enough cash on you when you are eating or drinking with others, and then receiving the rest of the money for the bill from others in cash. This way, you get more cash in your wallet without going to the ATM or even when you don’t have any balance in your savings account.
If you want to know more about this word, it originally meant the act of withdrawing money with credit card and lending the cash to people in need of quick cash, at very high interest rates. But in more casual situations where you just hang out with your friends, when you short on cash, you can save your commission fees by not going to the ATM.