DB Financial Investment Offers Up to 5% Annual CMA Event for New Customers
[Asia Economy Reporter Eunmo Koo] DB Financial Investment announced on the 13th that it will hold the event "Receive 2.5% annually and go double! Up to 5% annually" by the 15th of next month, offering new individual customers a maximum annual 5% CMA (RP type) yield and a cash prize equivalent to 30 shares of Samsung Electronics common stock through a lottery.
This event is for new customers who open an account with DB Financial Investment for the first time and trade stocks (including ETFs) worth more than 1 million KRW by the end of the month following the account opening, providing a CMA (RP type) yield of 2.5% annually.
Among them, the top 100 customers by transaction amount will receive an additional 2.5%, totaling 5% annually. The limit is 10 million KRW, applied for three months from the CMA (RP type) account opening date, and the amount exceeding the CMA (RP type) demand deposit yield (0.7% annually as of March 31, 2020) will be provided as cashback after three months.
Additionally, among the event participants, three customers with assets of 30 million KRW or more will be selected by lottery to receive cash equivalent to 30 shares of Samsung Electronics common stock (based on the closing price on May 15, 2020) in an additional event.
A DB Financial Investment official said, "This event is to help customers grow their assets even a little in the recent ultra-low interest rate environment," adding, "We will continue to provide differentiated financial products and trading systems so that customers who are new to investing can use them easily and conveniently."
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Account opening is available at DB Financial Investment nationwide branches and through the non-face-to-face account opening app. Detailed information about the event can be found on the DB Financial Investment website and customer center.
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