SC Financial institution Korea introduces a brand new financial savings account, dubbed Hello account. (SC Financial institution)
Customary Chartered Financial institution Korea stated Tuesday that it launched a brand new financial savings account providing eligible prospects a particular annual rate of interest of as much as 4 p.c.
The title of the product, Hello account, displays each a greeting to new prospects and the promise of a excessive rate of interest. The account provides a most of three.9 proportion factors to the bottom charge of 0.1 p.c.
For as much as one yr from the account opening, new SC Financial institution prospects can get a further rate of interest starting from 2.4 to three.4 proportion factors, relying on their each day stability. Till the top of this yr, SC Financial institution will assure an rate of interest of three.5 p.c to all first-time prospects no matter stability.
SC Financial institution affords prospects a bonus rate of interest of 0.1 proportion factors for opening an account by way of its affiliate channels and 0.2 proportion factors for agreeing to obtain promotional messages or acquiring Precedence or larger rank.
The Hello Account waives varied charges, comparable to on-line transfers and ATM withdrawals. Even when utilizing different banks’ ATM companies, its prospects can get pleasure from fee-free withdrawals and ten fee-free transfers a month.
“By introducing a brand new checking account, we are going to fulfill our prospects with the perfect rate of interest and charge exemption. This can be an unmatched choice for purchasers looking for a financial savings account,” stated a financial institution official.