Suhyup Bank, Hyundai Card Partnership Mobile Savings... Up to 6.4% Interest Rate Benefits
[Asia Economy Reporter Kim Min-young] Sh Suhyup Bank announced on the 27th that it has launched the mobile-exclusive partnership savings product "Oh! The Dream Savings" in collaboration with Hyundai Card, offering interest benefits of up to 6.4% per annum.
The basic interest rate of this savings product is 1.0% per annum, with an additional 0.1 percentage point preferential rate granted upon agreeing to Suhyup Bank's marketing, and a further 0.8 percentage point preferential rate upon meeting additional conditions such as automatic transfers. Furthermore, upon fulfilling Hyundai Card usage conditions, a special maturity reward with a preferential interest rate of up to 4.5% is additionally provided.
The product has a maturity of one year and allows flexible monthly deposits of up to KRW 300,000. Only one account per person can be opened until the sales limit is exhausted after launch, and subscribers who use the eligible Hyundai Card for more than KRW 50,000 by the 15th of the following month after subscription will receive a 'Starbucks Coffee 10-Cup Coupon.'
Subscribers can apply through the dedicated event page that appears by searching "Suhyup Hyundai Card Savings" or "Suhyup The Dream Savings" on Hyundai Card's website or Naver, and sign up via Suhyup Bank's mobile application (app) "Hey Bank."
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A representative of Suhyup Bank said, "We designed this to provide refreshing benefits suitable for the hot summer days to our customers."
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