Kakao Pay Securities said on the 13th that it will run a "stock transfer-in event" from this month through June 30.
The event is for users who move stocks held at another brokerage to Kakao Pay Securities. Eligible transfer-ins are tallied without distinction between domestic and overseas stocks, and exchange-traded funds (ETF) that can be traded at Kakao Pay Securities are also included.
Once the stock transfer-in is completed, users can receive a cash reward of up to 10 million won through a random drawing regardless of the transfer-in amount.
Additional benefits are offered based on post-transfer transaction performance. Users who transact a combined 3 million won or more in domestic and overseas stocks within 60 days from the transfer-in date will receive an additional cash reward by transfer-in amount tier.
Tiered rewards are ▲ 1 won or more: 100 won ▲ 1 million won or more: 1,000 won ▲ 5 million won or more: 5,000 won ▲ 10 million won or more: 10,000 won ▲ 20 million won or more: 20,000 won. Transactions through Stock Saving, Gifting, or rewards are excluded from the transaction amount performance.
Kakao Pay Securities said, "The hallmark of this event is that we lowered the bar to participate so users can receive cash benefits simply by transferring in stocks, without any maintenance period or amount conditions," adding, "We will continue to offer a variety of benefits so users can start a new investing experience at Kakao Pay Securities."