I do not want to wait weeks to get a new iPhone in China? A local bank has the solution.
Ping An Bank, a unit of Ping An Insurance financial conglomerate, is offering the new iPhone 6 and iPhone 6 Plus as a form of prepaid interest for customers who invest in product management Wealth of the lender, an alternative higher yield on bank savings.
The products of wealth management are tailored to meet madness of Chinese consumers for smartphones Apple simultaneously in order to help increase the deposit base of the lender as Beijing moves to inject more competition in the banking sector.
Investors deposited 37,000 yuan ($ 5,968) in a wealth management product of three years or 23,500 yuan a product of five years can get the iPhone 6 with 16 GB of storage, according to a flyer announcing the promotion of a Ping An Bank branch in Beijing. Fans of the big screen iPhone 6 Plus can get the gadget if you invest 45,300 yuan in wealth management product of three years or 28,500 yuan a product of five years.
"The products are guaranteed principal, like bank deposits. But customers can get their interest before the products mature," said Wang Lushuai, client manager with Ping An Bank in Beijing. In this case, the latest version of the iPhone is the interest.
Ping An Bank headquarters said the promotion is only available on some media in Beijing.
Buyers on the continent now have to wait seven to 10 days to get the iPhone 6 through booking on the official Apple website and three to four weeks for the iPhone 6 Plus.
There is great demand in China for new Apple iPhones, which only reach the mainland market about a month after they were released in the US and elsewhere, making the device difficult to achieve. Tight supplies have created lucrative arbitrage opportunities for speculators peddle products in Hong Kong, who was among the first group of markets for new iPhones.
But investors in product management Wealth Ping An Bank can get the new iPhone as soon as the day after you invest your money in the products of wealth management. Visits by China Real various means of Ping An Bank in Beijing time found that the amount of money required to deposit to get a new iPhone differs slightly from one branch to another, and each can have its own strategy marketing.
"I think it's a good deal because you can receive interest before maturity the product and get the latest iPhone immediately," said He Xiuli, a consumer 28 years of age in Beijing that has an iPhone 6 Plus with 128GB storage after 38,000 yuan to invest in the product of Ping An.
Management Products richness Ping An are similar to savings banks, since their yields are equivalent to the benchmark interest rates of bank deposits of the same maturity.
Official reference rate of interest in China for three years deposits currently stands at 4.25%, which means a deposit required amount of 37,000 yuan to get the iPhone 6 can generate about 4717.50 yuan in interest after maturing in three years. That seems like a good deal considering the smartphone is priced at 5,288 yuan in the official Apple stores in mainland China.
"The wealth management products are popular with customers, as it is still difficult to get a new iPhone right away on the mainland," Wang, client manager with Ping An Bank said. "Our output has sold approximately 20 plans iPhones a day since it was launched last Monday."
