Woori Bank Launches 'Woori Magic Savings by Woori Card' with Up to 6.0% Annual Interest
[Asia Economy Reporter Kim Hyo-jin] Woori Bank announced on the 3rd that it will launch the ‘Woori Magic Savings by Woori Card,’ which offers a high interest rate of up to 6.0% per annum when meeting Woori Bank transaction performance and Woori Card usage performance, on the 4th. This product is a follow-up to the ‘Woori Magic6 Savings,’ which sold out within about two months after its launch last year.
The subscription period is one year, and the monthly deposit limit is up to 500,000 KRW. The interest rate is a maximum of 6.0% per annum, consisting of a basic interest rate of 1.0% per annum, a preferential interest rate of up to 1.0% per annum, and a special preferential interest rate of up to 4.0% per annum.
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The preferential interest rate of up to 1.0% per annum is provided when subscribing to the Woori Open Banking service, agreeing to marketing of Woori Bank products and services, and transferring salary (or pension) to a Woori Bank account. The special preferential interest rate of up to 4.0% per annum is provided when meeting Woori Card usage performance and automatic transfer conditions.
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