Samsung Securities Launches 'Tickle Piggy Bank Service' for Managing Spare Change

Change under 1000 won automatically saved to CMA account
Investment product service launching after consumption habit analysis besides auto-saving service

[Asia Economy Reporter Song Hwajeong] Samsung Securities announced on the 28th that it has launched the 'Tickle Piggy Bank Service,' which automatically accumulates change under 1,000 won into a CMA account, through a business partnership with the startup Tickle.

Through this Tickle Piggy Bank Service, the change generated from card payments linked to customers' mobile app 'Tickle' can be automatically saved into Samsung Securities' CMA or invested in financial products.

For example, if a customer pays 9,500 won with 10,000 won, the remaining 500 won is automatically saved into the Samsung Securities CMA account. In particular, the CMA opened through the Tickle Piggy Bank Service offers a pre-tax annual yield of up to 2.95% when conditions are met, and allows flexible deposits and withdrawals as needed, making it an attractive financial tool for office workers in their 20s and 30s.

To use this service, customers can download the Tickle app from the mobile app store, enter the card information to be linked with the service, and then click the 'Create a Piggy Bank that Earns Interest Every Day' button on the Tickle app screen to conveniently open a Samsung Securities CMA account.

Additionally, Samsung Securities and Tickle are preparing a service that not only automatically saves change into the CMA account but also analyzes individual consumption habits and investment tendencies to provide investment products tailored to personal preferences.

Kwon Yongsoo, Head of Digital Channel Division at Samsung Securities, said, "We hope that the millennial generation will develop a steady saving habit through the CMA account with this service and that their interest will extend to sound financial management through the investment solution service to be provided later."

Tickle was a finalist team in the 'Samsung Financial Open Collaboration' co-hosted by Samsung financial affiliates in 2019, and the two companies plan to continue cooperating to build new business models in the future.

This content was produced with the assistance of AI translation services.