K Bank "1.5% Annual Fixed Deposit with No Conditions"
[Asia Economy Reporter Kiho Sung] K Bank announced on the 23rd that it will start an event offering a special interest rate of 1.50% per annum, which is 0.3 percentage points higher than the current rate (1.20% per annum), to customers who subscribe to a 1-year fixed deposit.
This event applies to customers who subscribe to the CodeK fixed deposit with a 1-year maturity starting from the 23rd. The event may end early depending on the exhaustion of internal limits.
The CodeK fixed deposit is K Bank's representative deposit product that offers the highest interest rate to anyone without special preferential rate conditions. Deposits of 10,000 KRW or more can be made in any amount without limit, and up to two partial withdrawals (subject to a separate early termination interest rate) are allowed during the subscription period.
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Kim Ki-deok, Head of Marketing at K Bank, said, "Since the CodeK fixed deposit is K Bank's flagship product that offers the highest interest rate simply by subscribing without complicated conditions, we have prepared a sensational interest rate benefit event to celebrate surpassing 6 million customers. We will continue to do our best to provide differentiated benefits not only in our own products such as savings and loans but also in partnership services with other companies."
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