Shinhan Bank Launches Limited Sale of "Arcade Savings Account" Offering Interest Through Gaming
Limited to 300,000 Accounts Until November 9
Base Interest Rate of 2%... Up to 20% Per Annum
Shinhan Bank announced on November 3 that it will offer a limited-time sale of its new participatory savings product, the "Arcade Savings Account," which combines gaming elements with financial services, until November 9.
The "Arcade Savings Account," which is limited to a total of 300,000 accounts, is an 8-week maturity, flexible deposit product. Customers can deposit up to 100,000 KRW per week. The base interest rate is 2% per annum, and with preferential rates, customers can receive up to 20% per annum.
The preferential interest rate is provided based on performance in weekly mission games, such as matching identical pictures and catching falling 50,000 KRW bills, which are held from the 2nd to the 7th week after enrollment. The highest interest rate is applied to customers who rank within the top 3% in total game performance.
This product is characterized by expanding the enjoyment of saving into a financial experience, allowing customers to participate directly and feel a sense of achievement. The bank explained that it was designed to help Millennials & Gen Z naturally develop saving habits.
A Shinhan Bank representative stated, "We aim to provide a new experience that naturally integrates into our customers' daily lives," adding, "We will continue to expand a variety of customized services that resonate with all generations."
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Meanwhile, Shinhan Bank is continuously expanding participatory financial services such as the "Shinhan 20+ Run," a running challenge where the more you run, the greater the benefits; "Sol Baseball," which allows customers to earn points instantly by answering daily baseball-related quizzes; and the "Shinhan 50+ Walk," a walking challenge for senior customers.
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