Hyundai Motor Securities Launches 'Triple Director Challenge' Event

Hyundai Motor Securities announced on the 10th that it is holding an event for opening a brokerage-type Individual Savings Account (ISA) for domestic stock deposits, investment product purchases, and brokerage, and at the same time, it is conducting a 'Triple ISA Challenge' event that offers additional benefits to customers who participate in all three events.

The first ISA mission, the domestic stock deposit event, targets customers who deposit more than 1 million KRW worth of domestic stocks (including ETFs) into a Hyundai Motor Securities brokerage account or deposit more than 1 million KRW into a brokerage-type ISA account during the event period.

The second ISA mission, the investment product purchase event, targets customers who purchase domestic stocks (including ETFs), funds, or bonds through a Hyundai Motor Securities brokerage account or a brokerage-type ISA account. Depending on the purchase amount, customers who purchase between 2.4 million KRW and less than 10 million KRW will receive a 5,000 KRW Shinsegae Department Store gift certificate, and for every additional 10 million KRW, they will receive a 10,000 KRW Shinsegae Department Store gift certificate.

The third ISA mission, the brokerage-type ISA account opening event, targets customers who open a Hyundai Motor Securities brokerage-type ISA account for the first time or complete the transfer of a brokerage-type ISA account from another company. All eligible participants will receive a 10,000 KRW Shinsegae Department Store gift certificate.

Customers who complete all three missions will receive double the reward of the second mission, the investment product purchase event, as an additional benefit. However, this does not apply to customers who purchased between 2.4 million KRW and less than 10 million KRW.

An ISA account allows management of various financial products within a single account while enjoying tax benefits. It enables investment in various products such as domestic listed stocks, funds, and bonds within one account, managing them according to investment strategies. The profits and losses from interest and dividend income generated within the account are aggregated, with tax exemption up to 2 million KRW (4 million KRW for the low-income type), and amounts exceeding this are subject to a separate tax rate of 9.9%.

For more details regarding this event, inquiries can be made through the Hyundai Motor Securities website, Smart Finance Center, nearby branches, or the Digital PB Center.