Standard Chartered Bank Korea runs special promotion

A model promotes Standard Chartered Bank Korea's special bank account. Courtesy of Standard Chartered Bank Korea

By Lee Min-hyung

Standard Chartered (SC) Bank Korea is running a special promotion by offering a gift certificate worth up to 2 million won ($1,600) for those who sign a new bank account and keep a certain amount of money deposited for three to six months, the lender said Thursday.

To join the event, customers need to sign up for the “SC Cheil My Zoom Account” no later than May 29, and have to maintain their deposits for at least three months.

Those who keep 50 million won on average for three months in their account will receive a mobile gift certificate worth 50,000 won. The more money in the account, the higher the reward they will receive from the lender.

If a customer maintains a 1 billion won balance in his or her account for six consecutive months, the lender will offer the maximum reward of a gift certificate worth 2 million won.

“We want customers not to lose the opportunity to sign up for the event through which they can enjoy high interest rates and receive gift certificates,” an official from the lender said.

The lender launched the “My Zoom Account” in 2017, and has since received a favorable response from customers. The bank offers an annual interest rate of 0.6 percent even for short-term deposits. The minimum deposit for the promotion is 1 million won.