Welcome Savings Bank, Special Baseball-Linked Savings Account... Up to 6% Interest Rate

[Asia Economy Reporter Kim Min-young] Welcome Savings Bank is launching a special sales product linked to professional baseball.

Welcome Savings Bank announced on the 7th that it will offer the Welbang Top Ranking (Baseball) installment savings product, which provides an interest rate of up to 6% per annum, in limited sales starting from the 11th.

This installment savings product is connected to the Welbang Top Ranking game event, which began with the opening of the professional baseball season. It is a product worth noting for baseball fans as it allows them to save money while having fun. Additionally, a game event with a prize of 10 million KRW is being held.

The base interest rate for this product is 1.5% per annum. If participants join the Welbang Top Ranking game event, which selects the best-performing pitcher and batter each month, more than 70 times, they receive a preferential interest rate of 2.5 percentage points. Furthermore, if there are more than five automatic transfer payments through a deposit and withdrawal account during the installment contract period, an additional 1.0 percentage point is granted, and first-time customers of Welcome Savings Bank receive an extra 1.0 percentage point preferential rate.

Payments can be made monthly from a minimum of 10,000 KRW up to 200,000 KRW. The maturity period is 7 months. The principal and interest can be received after the end of this year's professional baseball season.

The product will be sold in a limited quantity of 20,000 accounts through the Welcome Digital Bank (Welbang) application starting from the 11th. From the 11th to the 17th, 10,000 accounts will be sold, and the remaining 10,000 accounts will be sold from the 18th to the 24th.

A representative from Welcome Savings Bank said, “Baseball fans can enjoy both fun and practicality by saving money while participating in an entertaining game event.”

This content was produced with the assistance of AI translation services.