ASEAN KEY DESTINATIONS
“KTB” and “KTC” launch the second batch of KTB Forever Smile
with interest rates as high as 8.50% per year.
“KTB” or Krungthai Bank and “KTC” or Krungthai Card Public Company Limited revolutionize the savings business once again with KTB Forever Smile 3-month fixed deposit product that offers interest rates as high as 8.50% per year through the use of Forever Rewards points, with savings amount as high as ten times the points used, from now until February 14th, 2014.
Mr. Chainarong Eursithichat, Executive Vice President – Network and Retail Banking Products Strategy, Krungthai Bank, said that the bank has been working with companies within the group on the development of various products and services that correspond with the needs of clients. The fixed deposit product KTB Forever Smile with “KTC” or Krungthai Card Public Company Limited last year was very well received as it offered high interest rates with the use of Forever Rewards points. Krungthai Bank is offering the same 3-month fixed deposit product once again with even higher interest rates now of up to 8.50% per year. KTC credit card members and KTC CASH Revolve personal loans members are eligible for the program.
“KTC credit card holders can deposit cash for the amount equal to ten times the points used, simply by spending 10,000 Baht or withdrawing 10,000 Baht cash with the credit card in the billing cycle when the points are used. KTB – KTC Precious Plus Visa Infinite credit card holders, KTB Precious Plus customers and those who deposit 10 Million Baht will be entitled to the interest rate of 8.50% per year when completing the transaction via KTB Netbank or 8% per year when completing the transaction at a branch. Holders of all other KTC credit card and instant loan card members are entitled to the interest rate of 7.50% per year when completing the transaction via KTB Netbank or 7% per year when completing the transaction at a branch. We expect the product to be as well received as before because of the exceptionally high interest rates.”
Mrs. Pittaya Vorapanyasakul, Executive Vice President - Credit Card Business, “KTC” or Krungthai Card Public Company Limited, said “Our previous collaboration with Krungthai Bank on the Forever Smile fixed deposit product last year was a great success with KTC members, especially those with generous amount of Forever Rewards points. This financial product is a part of our loyalty program and a unique savings opportunity for 2.2 million KTC accounts despite this being the downtrend moment of interest rates.”
“KTC members who wish to use their Forever Rewards points to open a KTB Forever Smile fixed deposit account can contact KTC Call Center at 0-2665-5000 in order to obtain the eligibility code by SMS. This code can be used to open a fixed deposit account on the next day. The name of fixed deposit account must be the same as the credit card holder. Members must use a minimum of 1,000 points to open an account from now until February 14th, 2014.”
Corporate Branding & Communication Department Tel. 0-2208-4174-7
Public and Corporate Affairs Department “KTC” or Krungthai Card Public Company Limited
Tel. 0-2828-5047-9, 5401-2, 5404 and 5732 Fax. 0-2828-5046 E-mail: email@example.com
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