Shinhan Bank Launches 'Shinhan Plus Point Savings' with Up to 4.5% Annual Interest Rate

[Asia Economy Reporter Bu Aeri] Shinhan Bank announced on the 21st that it has launched the 'Shinhan Plus Point Savings Account' with a maximum annual interest rate of 4.5%.

Shinhan Bank offers preferential interest rates when depositing My Shinhan Points on the group's integrated financial platform, Shinhan Plus.

The Shinhan Plus Point Savings Account can be opened on Shinhan Plus (one account per person) and is a 6-month flexible installment savings product allowing deposits up to 300,000 KRW per month (combined cash and points). It is launched with a limit of 100,000 accounts and offers a maximum annual interest rate of 4.5% by applying a preferential interest rate of 3% points.

The preferential interest rate conditions are ▲0.5% points annually (up to 2.5% points annually, applied for up to 5 months) for monthly deposits of 1,000 or more My Shinhan Points ▲0.5% points annually for customers who hold a Shinhan Card (credit card) and designate Shinhan Bank as their payment account.

When subscribing to the Shinhan Plus Point Savings Account with 50,000 KRW or more and applying for the membership booster, the Shinhan Plus Premier grade will be applied during the subscription period, and Starbucks coffee coupons will be provided monthly.

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