"6% Annual Savings Launched"... Woori Bank Releases 'Magic 6 Savings'

[Asia Economy Reporter Kim Hyo-jin] Woori Bank announced on the 15th that it will launch a fixed-term installment savings product called ‘Woori Magic 6 Savings,’ which offers a high interest rate of up to 6.0% per annum based on Woori Bank transaction performance and Woori Card usage.

The subscription period for this savings product is one year, with a monthly deposit limit of up to 500,000 KRW. The interest rate consists of a basic rate of 1.5% per annum, a preferential rate of up to 1.0% per annum, and a special preferential rate of up to 3.5% per annum, totaling a maximum of 6.0% per annum.

The preferential rate of up to 1.0% per annum is provided when subscribing to the Woori Open Banking service, agreeing to marketing for Woori Bank products and services, or transferring salary (or pension) to a Woori Bank account. The special preferential rate of up to 3.5% per annum is offered when meeting Woori Card usage and automatic transfer conditions.

A Woori Bank official stated, “While market interest rates continue to decline, we have launched a high-interest product through group company collaboration,” adding, “We plan to continue releasing customer-centered products and services in the future.”

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