Standard Chartered Bank Korea said it will give out gifts to those who make a new My Plus bank account and deposit more than 1 million won ($845) by the end of May.
The British banking group’s Korean unit said it will offer mobile coupons for Starbucks to the first 1,000 customers who subscribe to the savings account as part of the first anniversary celebration of the launch of My Plus.
Models promote the “My Plus” bank account. (SC Bank Korea)
The bank launched My Plus account in May last year and the accumulated total balance had reached 2.2 trillion won as of Monday, the bank said.
In an era of low interest rates and uncertain market conditions, My Plus has drawn keen attention from customers due to its relatively high interest rates, bank officials said.
As long as the account balance does not decline compared to the previous month, My Plus account offers 1.5 percent annual interest to those who deposit 10 million won or more. For those who deposit 3 to 10 million won, it offers 1.1 percent interest rate, according to the bank.
By Kim Yoon-mi (yoonmi@heraldcorp.com)