KB Kookmin Bank and Samsung Financial Celebrate First Anniversary of "Monimo KB Account" with Account Opening Event

Open a New Account by June 30

Receive up to 30,000 Won in MoniMoney

KB Kookmin Bank and Samsung Financial Networks (Samsung Life, Fire & Marine Insurance, Securities, Card, and Asset Management) announced on May 7 that they will be holding a first-come, first-served account opening event to celebrate the first anniversary of the launch of the "Monimo KB Daily Interest Account" for customers of the integrated Samsung Financial platform, Monimo.

Managers in charge of the 'Monimo KB Daily Interest Account' project from KB Kookmin Bank and Samsung Financial Networks (Samsung Life Insurance, Fire & Marine Insurance, Securities, Card, and Asset Management) are seen having a meeting at the Samsung Card headquarters in Taepyeongno, Jung-gu, Seoul on March 28 last year. From the left: Hyunsoo Jung, Development Project Manager (PM); Kihoon Choi, Monimo Service Marketing Professional; Seungye Shin, Head of Monimo Service Development and Operations Team (all from Samsung Financial Networks); Dongyun Lee, Head of Embedded Sales Promotion Strategy Team; Jihee Lee, Deputy General Manager of Embedded Service Planning; Yohan Yoon, IT Development PM (all from KB Kookmin Bank). Samsung Financial Networks

The event will run through June 30 via the Monimo application. New subscribers to the Monimo KB Daily Interest Account will be eligible to receive rewards of up to 30,000 won.

The sign-up rewards will be distributed on the 15th of the month following enrollment. The first 5,000 customers will receive 30,000 won each; the next 10,000 will receive 20,000 won each; another 10,000 will receive 10,000 won each; and up to an additional 50,000 customers will receive 5,000 won each in MoniMoney.

The Monimo KB Daily Interest Account is a demand deposit account that can only be opened through the Monimo app, offering an annual interest rate of up to 4.0% on daily balances up to 2 million won.

Customers can convert MoniMoney, earned by completing various missions within Monimo, into cash and enjoy additional interest benefits.

KB Kookmin Bank reported a strong response to the product, with all 225,000 available accounts sold out within about two months of its launch in April last year. After receiving approval from financial authorities to offer an additional 800,000 accounts as an innovative financial service, sales resumed in October last year.

A representative from KB Kookmin Bank stated, "To mark the first anniversary of this product, we have prepared this event to offer customers both attractive interest rates and a fun experience. We will continue to introduce innovative services closely connected to our customers’ daily lives."

A representative from Samsung Financial Networks added, "We plan to continue working with KB Kookmin Bank to provide a variety of ongoing benefits to Monimo KB Daily Interest Account customers."

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