NH Nonghyup Bank Launches "NH Purple Account" in Partnership with Kurly Pay

Up to 2.5% Annual Interest Rate
on Balances up to 3 Million Won

NH Nonghyup Bank announced on the 17th that it has launched the "NH Purple Account," offering a variety of benefits in partnership with Kurly Pay, the easy payment service of the e-commerce platform Kurly.

This account is a demand deposit account with free withdrawals and deposits. By linking the account to Kurly Pay and using the service, customers can receive an interest rate of up to 2.5% per annum (before tax) on balances up to 3 million won, depending on their usage. In addition, if customers make at least three payments per month on Kurly using the "NH Purple Account," they will receive a 10,000 won Kurly coupon pack each month. This benefit will be available until June next year.

To commemorate the launch of the product, the two companies will also jointly hold various events. The first 20,000 customers to register the "NH Purple Account" with Kurly Pay will receive up to 10,000 won in Kurly reward points. Additionally, customers who make payments with Kurly Pay using the "NH Purple Account" will be entered into a drawing, and 10,000 winners will receive a 10,000 won Kurly gift certificate.

A representative from Nonghyup Bank stated, "The NH Purple Account is a core product that connects customers' everyday spending with Nonghyup Bank's financial services through its partnership with Kurly Pay," adding, "We will continue to expand embedded finance through collaborations with platform companies and strengthen lifestyle-focused financial services that provide benefits in customers' daily lives."