NH Nonghyup Bank's "NH Modu Travel-y Installment Savings" Sells Out Early
10,000 Accounts Sold Out in Just 8 Days After Launch
Three-Month Free Installment Savings Plan
Maximum Annual Interest Rate of 7.3% Offered
NH Nonghyup Bank announced on August 7 that its travel-specialized product, "NH Modu Travel-y Installment Savings," which was launched at the end of last month in partnership with Modetour, a leading travel company in Korea, has sold out early, with all 10,000 limited accounts filled within just eight days of release.
The "NH Modu Travel-y Installment Savings" product offers a three-month free installment plan with a maximum annual interest rate of 7.3%. Every customer who signs up is awarded 30,000 Modetour mileage points, and the first 5,000 customers were eligible for an additional NH Point promotion. The strong early sell-out is attributed both to the demand for travel during the summer holiday season and to the unique benefits combining financial and travel services.
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An NH Nonghyup Bank official stated, "We will continue to introduce embedded finance products and services that add enjoyment and real value to the daily lives of our customers through ongoing collaborations with various companies."
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