Hana Financial, "Earn 5% Annual Interest on Hana Members"
[Asia Economy Reporter Kim Min-young] Hana Financial Group announced on the 5th that it will launch the 'Hana Money Growing' service, which allows users to automatically increase their Hana Money within the integrated membership service, Hana Members.
Hana Money Growing can be accessed through Hana Savings Bank's 'Double Savings' and Hana Financial Investment's 'Coffee Money Growing' events.
Hana Savings Bank's Double Savings is a product that offers double the basic interest rate when preferential interest rate conditions are met, such as depositing all monthly payments except for new monthly payments in Hana Money. For a 12-month subscription period, it provides up to 4.0% per annum (pre-tax), which is double the basic interest rate of 2.0%, and for 24 months, up to 5.0% per annum, double the basic interest rate of 2.5%.
The subscription amount ranges from 100,000 KRW to 300,000 KRW per month, and it is sold through Hana Members on a first-come, first-served basis to 5,000 people, limited to one account per person.
Hana Financial Investment's Coffee Money Growing is a service that automatically invests a portion of the Hana Money held every week into a special sale repurchase agreement (RP) product offering a 5.0% annual return, according to the customer's investment preference settings. Without having to manage it manually, up to 20,000 Hana Money can be automatically invested weekly to grow Hana Money.
Subscription is limited to the first 10,000 people, and the special RP yield benefit applies for one year from the date of service subscription.
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Han Jun-sung, Vice President and Head of Digital Division at Hana Financial Group, said, “We hope customers will experience the fun of automatically growing their Hana Money easily and simply through the Hana Money Growing service of Hana Members,” adding, “We will continue to do our best to ensure Hana Members brings joy to all customers as Korea’s representative lifestyle finance platform.”
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