SC Korea offers a special interest rate of up to 2%

SC Bank Korea models promote the lender’s new special interest rates. (SC Bank Korea)

Standard Chartered Bank Korea has announced that it will offer a special interest rate of up to 2% per annum to new customers opening a checking account by May 31.

Launched in July last year, the SC My Signature account has been popular for its stable interest rate amid high market volatility.

For those with more than 100 million won ($79,140) in SC bank transactions, an interest rate of up to 1.7 percent will be applied to the amount on deposit for 31 days or more, the bank said.

For those making their first transactions at SC Korea, an additional 0.3 percentage points will be granted, bringing the annual interest rate to 2%.

The promotional rate will only apply to deposits up to 1 billion won in three months.

A raffle will also be held for customers with a bank balance of at least 100 million won by the end of next month.

Prizes include one electric massage chair, three air purifiers, six iPad Air tablets, 10 store vouchers, 50 sets of body washes and 100 Starbucks coupons.

“As interest rates rise, a growing number of customers are looking for slightly different products depending on how they plan to use their available cash and how long they’ve held it,” Bae said. Soon-chang, SC Korea’s Savings Product Manager. department.

More information can be found at, SC Korea’s mobile banking app and customer contact center at 1588-1599.

By Kim So-hyun ([email protected])

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