Shinhan Financial Investment Launches 'Shinhan Card The More Welcome Promotion'
[Asia Economy Reporter Minji Lee] Shinhan Financial Investment announced on the 9th that it will conduct the ‘Shinhan Card The More Shinhan Financial Investment Welcome Promotion’ until the 31st of next month.
Shinhan Card The More is a ‘One Shinhan’ product of Shinhan Financial Group created through collaboration between Shinhan Financial Investment and Shinhan Card.
This card automatically accumulates investment points for amounts under 1,000 KRW at all merchants, and for usage places frequently used by the MZ generation (Millennials + Generation Z), amounts under 1,000 KRW are accumulated at double the rate. Points accumulated from the 1st to the end of each month are deposited into a fractional overseas stock account on the 15th of the following month and are automatically converted into US dollars without foreign exchange fees so that they can be invested in overseas stocks.
This promotion targets customers who hold the card and connect an overseas stock fractional account for the first time, and benefits can be received if the total card usage amount during the period reaches 20,000 KRW. New customers who are first-time Shinhan Financial Investment customers and open a CMA account through a non-face-to-face channel will receive 20,000 KRW, while existing customers will receive 5,000 KRW credited to their overseas stock fractional account, automatically converted into US dollars without foreign exchange fees.
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Juyeon Lee, Head of Marketing at Shinhan Financial Investment, said, “We hope this will be an opportunity for customers to approach overseas stocks more easily by using their cards to invest, as interest in overseas stocks is increasing.”
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