Naver Bank Account to Launch at the End of This Month... Up to 3% Annual Yield

Earn Up to 3% Points on Payment Amount When Using Naver Pay

[Asia Economy Reporter Jin-gyu Lee] Naver Financial will launch the 'Naver Tongjang' at the end of this month.

On the 15th, Naver Financial revealed the benefits of the Naver Tongjang, which will be introduced in collaboration with Mirae Asset Daewoo. The Naver Tongjang is a new concept CMA account that provides both earnings and point accumulation, and is scheduled to be launched at the end of this month.

The Naver Tongjang is a non-face-to-face financial product that offers not only earnings based on deposits but also point accumulation when using Naver Pay linked to the account. Based on this, Naver Financial plans to enhance user benefits and strengthen its tech-fin competitiveness through a new service experience that connects commerce and finance.

Subscribers to the Naver Tongjang can earn up to an annual interest rate of 3% (pre-tax, within 1 million KRW) based on their Naver Pay payment performance from the previous month. If the previous month's Naver Pay payment amount is 100,000 KRW or more, a 3% annual interest rate applies; if less than 100,000 KRW, a 1% annual interest rate applies.

In particular, integration with Naver Pay has been strengthened. After charging Pay Points to the Naver Tongjang, users can accumulate points up to 3% of the payment amount when using Naver Pay at various payment destinations, including Naver Shopping, reservations, and digital content purchases. This is 0.5% higher than the existing accumulation rate, allowing frequent Naver Pay users to enjoy both a 3% annual interest rate and 3% point accumulation simultaneously through the Naver Tongjang. Additionally, interbank transfer services can be used free of charge without any limit on the number of transactions.

Choi In-hyuk, CEO of Naver Financial, said, "Starting with the Naver Tongjang, which enhances user benefits, we plan to introduce various financial products such as investment products, insurance, and savings deposits in the second half of the year. We will combine the high-quality data competitiveness and technology possessed by Naver Financial with financial products to become a differentiated financial platform that provides customized services for each customer in the future."

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