Shinhan Bank Holds 'Housing Subscription Festival Application' Event

Anyone aged 20 or older who signs up for a housing subscription at Shinhan Bank
will receive a 10,000 KRW cashback and a coffee coupon
and be entered into a draw to win a top prize of 10 million KRW

[Asia Economy Reporter Sim Nayoung] Shinhan Bank (President Jin Ok-dong) announced on the 23rd that it will hold the ‘Housing Subscription Festival Application Application’ event, which provides cashback and coffee coupons to anyone aged 20 or older (born before December 31, 2003) who signs up.

Shinhan Bank previously held the ‘High School Student Subscription Festival,’ which received great responses from high school students. Building on this success, the bank expanded the target audience and is conducting the ‘Housing Subscription Festival Application Application’ event as part of the ‘Application Application’ campaign until May 31.

Anyone aged 20 or older who subscribes to a housing subscription account at Shinhan Bank during the event will receive a 10,000 KRW cashback and a Starbucks Americano coupon. To encourage nationwide subscription preparation, customers who register an automatic transfer of at least 100,000 KRW monthly for over one year and maintain the account until June 30 will be entered into a drawing to win prizes of 10 million KRW (1 winner) and 1 million KRW (10 winners).

A Shinhan Bank official stated, “The Housing Subscription Comprehensive Savings is an essential product for those preparing to purchase a newly built apartment, but nearly half of the entire population has yet to subscribe. Following the High School Student Subscription Festival, we expanded the event target to encourage nationwide subscription, and we plan to prepare various opportunities such as events for non-homeowners in the future.”

Meanwhile, the housing subscription product grants subscription rights starting at age 19, allowing applicants to apply for apartments for sale or rent by accumulating various points. Among the points, the subscription product subscription period points and non-homeowner period points accumulate from the time of subscription, making early subscription crucial. Additionally, the payment amount may be eligible for income deduction depending on conditions, which also helps with tax savings.

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