NH Nonghyup Bank launches ‘NH All-One TEENZ account/savings account’ for minor customers < Economy/Finance < Text of article

NH Nonghyup Bank (CEO Seok-yong Lee) announced on the 1st that it launched the ‘NH All-One TEENZ Account’ and ‘NH All-One TEENZ Savings Account’ exclusively for minors to help minor customers form proper financial habits.

‘NH All One TEENZ Account’ exempts electronic financial fees and automatic device withdrawal fees without conditions. The basic interest rate is 0.1%, and if each preferential interest rate condition is met, such as the first transaction with the bank and an average balance of KRW 300,000 or more, a maximum annual rate of 3.0% is provided up to a daily balance of KRW 3 million. Additionally, if you use the ‘Open My Child Account’ service at NH All One Bank, your legal representative can sign up without having to visit the branch.

The subscription period for ‘NH All One TEENZ Savings’ is 1 year, and you can freely save up to 500,000 won per month, or more than 100 won each time. In addition to the base interest rate of 2.85%, preferential interest rates are provided to customers who sign up in the month of their birthday and those who have a comprehensive housing subscription savings account, and receive a maximum interest rate of 4.35%.

To commemorate the product launch, the first 1,000 people who sign up for a bank account or savings account by November 30th will receive a Life Four Cut voucher (10,000 won voucher). Separately, 2,000 registered customers will be drawn to receive prizes such as Naver Pay 30,000 won coupons (200 people), Kyochon Chicken Set (400 people), Baskin Robbins pint ice cream (600 people), and Mom’s Touch Burger Set (800 people).

Source: www.nextdaily.co.kr