Shinhan Bank's 'HeyYoung Special Interest Rate' 3rd Event... Selling Savings with Up to 5.5% Annual Interest

[Asia Economy Reporter Kwangho Lee] Shinhan Bank announced on the 8th that it will hold the third HeyYoung special interest rate event, offering a special interest rate of 5.5% per annum on the 'Shinhan My Home Savings' to customers aged 29 or younger who have not subscribed to the Housing Subscription Savings.

The third HeyYoung special interest rate event applies a maximum special interest rate of 5.5% per annum by adding an event preferential interest rate of 3.3% per annum to the existing maximum of 2.2% per annum when HeyYoung customers (born after 1991) who have not subscribed to the Housing Subscription Savings newly subscribe to the Shinhan My Home Savings.

The event runs until December 31 and is offered on a first-come, first-served basis, limited to 40,000 accounts per person.

The Shinhan My Home Savings is a one-year product with a basic interest rate of 1.2% per annum, available only on the day of new subscription to the Housing Subscription Savings, and allows flexible monthly deposits up to 200,000 KRW.

If the newly subscribed Housing Subscription Savings is held until the maturity of the Shinhan My Home Savings, an additional preferential interest rate of 1.0% per annum is added, making the maximum interest rate 2.2% per annum. Furthermore, by adding the special interest rate of 3.3% through this event, customers can receive a maximum interest rate of 5.5% per annum.

In particular, to commemorate the third HeyYoung special interest rate event, Shinhan Bank provides all subscribers who receive the special interest rate with a Starbucks Americano mobile coupon immediately upon subscription. Shinhan My Home Savings plans to sell a total of 100,000 accounts through the first, second, and third events.

A Shinhan Bank official said, "The HeyYoung special interest rate event has become the third one after receiving great love from customers from the end of last year to the first half of this year," adding, "Since we have prepared an event that simultaneously supports home ownership and lump-sum savings for customers in their 20s and minors, we will continue to provide various benefits and events to help the younger generation achieve a successful financial life."

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