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# Shinhan Bank Expands '1982 Legendary Savings Account' Offering Amid Soaring Demand
Shinhan Bank unveiled plans on October 21 to launch an additional 100,000 accounts for its widely popular '1982 Legendary Savings Account.' This move coincides with the government's introduction of the “Livelihood Recovery Consumer Coupons” and is strategically designed to empower consumers by boosting their spending capacity.
Initially launched to commemorate Shinhan Bank's 43rd anniversary, the '1982 Legendary Savings Account' has quickly become a sensation in the financial market. This one-year term deposit product features a competitive base annual interest rate of 3.0%. Customers can also unlock preferential rates of up to 4.7 percentage points by meeting certain criteria, such as Shinhan Card usage or engagement with the bank’s innovative digital baseball platform, 'SOL Baseball.' Together, these benefits allow participants to secure a maximum annual interest rate of a remarkable 7.7%.
In keeping with its commitment to customer engagement and unique experiences, Shinhan Bank has bundled this savings account with special perks tied to its KBO League partnership. Account holders can participate in the “Korean Series Championship Prediction” contest, where accurate guesses of the championship-winning team will lead to an equal share in a KRW 178.2 million prize pool. Additionally, 1,000 lucky participants will be randomly chosen to win 20,000 MyShinhan Points as a bonus reward.
Commenting on the decision to release additional accounts, a Shinhan Bank representative shared, “The overwhelming demand for the '1982 Legendary Savings Account' inspired us to extend this promotion. Our goal is not only to express gratitude for the enthusiastic support of our customers but also to contribute to the revival of household financial stability. Shinhan Bank remains steadfast in developing cutting-edge financial products and services tailored to our clients' ever-changing needs.”
Shinhan Bank’s efforts to innovate through customer-centric financial solutions align closely with its broader objectives of fostering community strength and supporting household recovery during challenging economic periods. With competitive interest rates, added perks, and unique engagement opportunities, the '1982 Legendary Savings Account' continues to solidify its position as a standout offering in South Korea’s banking landscape.
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