IBK Industrial Bank, 'SPOTV Now Jeokgeum' 10,000 Accounts Sold Out... Sales Period Extended

Sales Period Extended Until the End of Next Month
Complete Sell-Out Commemoration 'Prize Event' Held

[Asia Economy Reporter Jin-ho Kim] IBK Industrial Bank announced on the 27th that it will extend the sales period until the end of next month to celebrate the early sell-out of 10,000 accounts of the ‘IBK SPOTV Now Savings Account’.

This savings product was launched in partnership with SPOTV, a sports online video streaming service (OTT) platform, offering a maximum annual interest rate of 5%.

The base interest rate is 0.5% per year, with preferential interest rates of 2.5 percentage points per year for customers who make three or more payments for SPOTV’s ‘SPOTV Now’ subscription using an IBK BC Card, and 1.0 percentage point per year for those who set up three or more automatic transfers from an IBK deposit and withdrawal account to this product. Additionally, all subscribers receive an extra 1.0 percentage point event interest rate.

The product is available to individual customers with a maximum subscription period of six months. The maximum monthly deposit is 200,000 KRW, and subscriptions can be made through the smart banking application ‘i-ONE Bank’ and the mobile-only branch ‘IBK Cube’.

IBK Industrial Bank is also holding a prize event to commemorate the sell-out. Customers who subscribe to the product by the end of next month will be entered into a draw to win one of 20 prizes: 10 England Premier League jerseys from Tottenham, Manchester United, and Manchester City, and 10 Starbucks gifticons.

An IBK Industrial Bank official stated, “Although the 10,000 accounts sold out early, many customers are still seeking the product, so we extended the sales period. We will continue to provide competitive integrated products and services through partnerships with highly preferred services in the non-face-to-face era.”

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