K Bank Celebrates 5th Anniversary with Special Deposit Offer: 500 Billion KRW Limit at 2.5% Annual Interest

From the 17th until the limit is reached, CodeK fixed deposit interest rate raised by 0.4%p to 2.5% per annum
Customers who joined between the 3rd and 16th will have 2.5% per annum automatically applied through the interest rate guarantee service

[Asia Economy Reporter Sim Nayoung] K-Bank (CEO Seo Hoseong) announced on the 17th that it will hold a special fixed deposit event offering the highest annual interest rate of 2.5% to celebrate its 5th anniversary. During the event period, the interest rate for the 'CodeK Fixed Deposit' product with a term of 12 months or more but less than 24 months will be raised by 0.4 percentage points from 2.1% to 2.5% per annum.

According to the Bankers Association disclosure, considering that bank deposit interest rates generally remain in the low to mid 2% range even when all preferential conditions are met, K-Bank stated that this CodeK Fixed Deposit special offer provides the highest bank deposit interest rate benefits without any conditions.

The event will continue until the 500 billion KRW limit is exhausted, and there is no separate restriction on the subscription amount as long as it is 10,000 KRW or more. This event was prepared as a customer appreciation event to commemorate K-Bank's 5th anniversary. Any K-Bank customer who subscribes to the CodeK Fixed Deposit during the event period will automatically receive the special interest rate without complicated conditions such as card usage or salary transfer.

The benefits of the interest rate guarantee service, first introduced by K-Bank in the industry, are also guaranteed. The interest rate guarantee service applies the increased interest rate from the subscription date if the interest rate of the deposit product subscribed to by the user is raised within 14 days from the subscription date.

Accordingly, customers who subscribed to the CodeK Fixed Deposit for 12 months or more but less than 24 months between the 3rd and 16th of this month and agreed to the interest rate guarantee service will have the special interest rate of 2.5% per annum applied from the deposit subscription date.

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