Gyeongnam Bank Offers Up to 2.3% Annual Interest Savings Account, Limited to 1,000 Slots

[Asia Economy Reporter Minyoung Kim] BNK Gyeongnam Bank announced on the 6th that it has launched a new savings product offering preferential interest rates and Gyeongnam BC Card cashback to new customers.

The BNK First Step Preferential Savings is limited to the first 1,000 accounts sold. The basic interest rate for this product is 1.10% per annum (before tax), and preferential interest rates are provided based on various conditions: ▲0.60 percentage points for first-time new customers (marketing consent required) ▲0.20 percentage points for holding a Housing Subscription Savings account or having a time deposit of 1 million KRW or more opened via non-face-to-face channels ▲0.20 percentage points for having salary (pension) deposit records for more than 3 months ▲0.20 percentage points for spending 300,000 KRW or more with a Gyeongnam BC Card (credit or debit). When combined, the maximum interest rate can reach 2.30%.

Additionally, customers who subscribe to the BNK First Step Preferential Savings and either newly sign up for a Gyeongnam BC Card or have not used the Gyeongnam BC Card since July 1st and spend 100,000 KRW or more within 30 days after subscribing to the BNK First Step Preferential Savings will receive a 10,000 KRW cashback.

The subscription amount for this product ranges from 10,000 KRW to 200,000 KRW per month, and the subscription period is one year. The sales period lasts until December 6th.

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