This time, we will learn about the main benefits of Suhyup Bank’s travel savings account.
These days, it’s as difficult as picking a star in the sky to find a product with a high interest rate. The interest rate on travel savings is higher than I thought.
It seems to be a popular product because it offers preferential interest rates and discounts on travel.
Suhyup Bank travel savings
▷ Subscription target: Real-name individuals (one account per person)
▷ Contract period: 6 months
▷ Accumulated amount: Accumulated amount specified between KRW 10,000 and KRW 300,000 per month
<Interest Rate>
Base interest rate + preferential interest rate = maximum 4.50%
Base interest rate: 1.50% per year
Preferential interest rate: 3.00% per year
The preferential interest rate is quite high. Let’s take a look at what the interest rate conditions are.
– Preferential interest rate conditions
Maximum 3.0% p per annum: Applies during the contract period only in case of termination at maturity
① Marketing consent: If you consent to marketing use (consent to collection and use of personal (credit) information)
0.1%p per year
② Payment by automatic transfer: When payments have been made by automatic transfer from the Suhyup Bank deposit and withdrawal account to this savings account more than 2 times.
0.2%p per year
③ Holding a credit card and designating the payment account as Bank Bank: When holding a Suhyup credit card and designating the payment account as Bank Bank as of the expiration date
0.2%p per year
④ Use of Suhyup credit card: If more than 2 million won of Suhyup credit card was used from the date of subscription to the day before the expiration date.
※ This only applies to domestic credit card usage (based on sales approval) in the ‘depositor’s personal name’.
>> Prerequisites
* Hold Suhyup Credit Card until savings maturity
* Designate the Suhyup Credit Card payment account as our bank
2.5% p.a.
<Additional benefits>
▶ 3% constant discount on Modetour package products and 2% accumulation of Modetour mileage
After registering as a Modetour member, it is applied when purchasing a travel product at a Modetour best partner agency or a webpage dedicated to travel savings customers.
>> Regular discounts and mileage accumulation are available until December 31, 2020
※ Limited to package products. Discounts are not available for individual products such as airline tickets or admission tickets.
※ To receive a 3% discount and accumulate mileage, you must present the authentication number provided when signing up for a savings account.
※ The 3% discount and mileage accumulation may not be applied in conjunction with other Modetour affiliated discount services.
You can only receive the 3% preferential interest rate if you meet all 4 conditions. There is no free interest rate in the world.
Please check the website for more details.