Toss Bank Attracts 500,000 Applicants in Just Three Days of Pre-Registration

[Asia Economy Reporter Kiho Sung] The number of applicants for the pre-service launched before the official launch of Toss Bank, the third internet-only bank, has exceeded 500,000.

According to Toss Bank on the 13th, ahead of the official launch early next month, pre-applications have been accepted since the 10th, and as of the morning of the same day, the number of applicants surpassed 500,000. This means about 7,000 applications per hour.

A Toss Bank official said, "There was a strong response over the weekend, with photos of completed pre-applications and friend-sharing certifications being posted on online SNS," adding, "Many expressed surprise at the Toss Bank account offering an unconditional annual interest rate of 2% despite being a demand deposit account."

The Toss Bank card also received great attention. The Toss Bank card is a check card that provides benefits according to customers' spending habits each season without any monthly spending requirements.

A Toss Bank official stated, "By observing the rapid pre-application rate, we were able to confirm consumers' demand for new banking services," and added, "We will continue Toss Bank's direction of embracing more customers into the primary financial sector and providing the most convenient and best services to customers without discrimination."

Meanwhile, pre-application for Toss Bank services is available to any Toss user aged 17 or older through the home screen banner or the ‘Toss Bank Pre-Application’ page in the All tab of the Toss app. The opening of accounts and check card applications for pre-applicants will be carried out sequentially from late this month via notifications in the Toss app. Sharing the pre-application page with friends will speed up one's service start order. Loan service applications will also be disclosed first to pre-applicants before the official launch of Toss Bank next month.

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