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LGU+ and Shinhan Financial Group Launch Korea's Highest-Rate Financial Offerings

Google 우선 소스Published2018.04.18 10:33
Introducing a savings insurance product combining telecommunications and finance with preferential treatment.

LG U+ announced that it will join hands with Shinhan Financial Group to offer the highest level of preferential savings/insurance/loan products combining telecommunications and finance exclusively for LG U+ customers.

Last August, LG Uplus and Shinhan Financial Group signed a business agreement, attended by Shinhan Bank CEO Wi Seong-ho and LG Uplus Vice Chairman Kwon Young-soo. They agreed to strategically collaborate on jointly pursuing digital financial services and discovering new future businesses based on the two companies' core competencies in telecommunications and finance. As a result, they launched savings, insurance, and loan products that offer the best financial benefits to both companies' customers.

First, we're introducing the "Shinhan U + Together Savings" product, which offers top-tier interest benefits exclusively for LG U+ customers. LG U+ mobile customers who sign up for the "Shinhan U + Together Savings" plan will receive a base interest rate of 1.5% per annum, a 1% preferential rate, and an additional 1.6% per annum for customers who have used LG U+ mobile for at least one year. This means a maximum interest rate of 4.1% per annum.

'Shinhan U + Together Savings', which offers the highest interest rate among domestic telecommunications/finance combination products, can be applied for and signed up for by any LG U+ mobile customer through the Shinhan SOL app and Shinhan Tong website.

Additionally, you can pay for sports and leisure insurance premiums with U + membership points. LG U+ customers can sign up for Shinhan Life Insurance's '(Non-life) Shinhan Sports & Leisure Insurance' and pay the premium once with approximately 10,000 membership points to receive coverage of up to 5 million won for injuries occurring during exercise, travel, and daily life for one year.

Anyone between the ages of 19 and 60 can sign up, and premiums vary by gender and age. Insurance can be purchased through the LG U+ website and the Shinhan Life Insurance website, which is available exclusively for LG U+ customers and is accessible through the LG U+ Customer Center app. For more information, please visit the LG U+ website or call the Shinhan Life Insurance Customer Center (1899-3820).

LG U+ customers can also enjoy a loan product. All LG U+ customers can enjoy a 0.2% preferential interest rate* on the "Shinhan My Car Loan," which allows them to transfer auto financing from new and used cars, as well as those from other financial institutions (excluding banks ) .

In addition to future telecommunications and financial convergence products and services, the two companies plan to explore additional digital finance-related projects leveraging big data, AI, and biometric authentication technologies.

Park Jong-wook, managing director of LG U+ Mobile Service Division, said, “The financial preferential product we are introducing together with Shinhan Financial Group is strong in that anyone can easily sign up and enjoy the best benefits simply by being an LG U+ customer,” adding, “We will continue to think together about the benefits we can provide to customers by combining our telecommunications and financial capabilities.”
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