SC First Bank and Hyundai Card Launch Special Interest Rate Event for Mobile Preferential Savings Account

Limited to 500 Accounts
8% Interest Rate for Eligible Customers
M Point Accumulation or Discount Benefits Also Available

SC First Bank announced that, starting from October 20, it will be holding a special event in partnership with Hyundai Card, offering a special interest rate to customers who subscribe to the mobile preferential savings account. This event will run until the end of this year.

This event allows customers who subscribe to SC First Bank’s one-year maturity mobile preferential savings account with a monthly deposit of up to 200,000 won and meet the event conditions to receive an additional special interest rate of 5.05 percentage points at maturity, for a maximum annual interest rate of 8.0% (pre-tax) until the end of this year. However, the number of accounts eligible for the special interest rate is limited to 500 per month on a first-come, first-served basis for three months until year-end, and each customer may only open one account.

SC First Bank is conducting a special interest rate event for customers who subscribe to the mobile preferential savings account together with Hyundai Card. SC First Bank

To qualify for the special interest rate, customers must have had no payment history with any Hyundai Card for six months prior to subscribing to the mobile preferential savings account. To receive the special rate, customers must use the SC First Bank-Hyundai credit card for at least 100,000 won in a minimum of three transactions within 10 months after the month following the new subscription to the mobile preferential savings account. In addition to the special interest rate, customers can also enjoy benefits such as M Point accumulation or discounts offered by the SC First Bank-Hyundai credit card.

The mobile preferential savings account is a non-face-to-face product that can only be subscribed to via the SC First Bank mobile banking application (app), and it provides a base interest rate of 2.35%. If all detailed transaction conditions are met, customers can receive an additional preferential interest rate of up to 0.6 percentage points, for a maximum rate of 2.95%. These conditions include: 0.1 percentage point for a one-year subscription period, 0.1 percentage point for first-time transaction customers, 0.2 percentage point for using an SC First Bank credit (or check) card or SC First Bank-Hyundai credit card for at least 300,000 won in the past year, 0.1 percentage point for making at least five automatic transfers per month, and 0.1 percentage point for depositing at least 100,000 won in 10 separate transactions.

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