Special Compensation from Shinhan Card, Preferential Interest Rates at Post Office Applied
Enrollment Available Until November... Monthly Payment Up to 300,000 KRW
Shinhan Card is partnering with the Korea Post to launch a high-interest savings product offering an annual interest rate of over 10%.
On the 1st, Shinhan Card announced that it will hold a subscription event for the 'Korea Post Shinhan Ujeong Savings' jointly with the Korea Post Headquarters, offering an interest rate of up to 10.15% per year.
The 'Korea Post Shinhan Ujeong Savings' has a deposit period of 12 months, with a monthly deposit limit of up to 300,000 KRW. If the savings are maintained until maturity, customers receive a basic interest rate of 2.7%, plus an additional Korea Post preferential interest rate of 0.45% when conditions such as automatic transfer payments through the 'Korea Post Shinhan Ujeong Savings' are met. Additionally, if the Shinhan Card usage conditions are fulfilled, a special reward of 7% provided by Shinhan Card is applied, allowing customers to earn a maximum interest rate of 10.15%.
Shinhan Card’s special reward applies to customers who newly issue an eligible credit card through Shinhan Card’s online channels (event page, Shinhan Card website/app) or those who have had no Shinhan Card (credit) usage in the past six months. Customers who meet these conditions must apply for the event and use at least 150,000 KRW in the month following the subscription month and at least 150,000 KRW in the subsequent month to receive the special reward. For example, a customer who subscribes to the savings this month must use a total of 150,000 KRW or more in August and September and 150,000 KRW or more in October.
The 'Korea Post Shinhan Ujeong Savings' can be subscribed to at local post office counters or through Korea Post’s online channels until November 30. For more details, search for 'Korea Post Shinhan Card Ujeong Savings' and check the event page.
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