K-Bank Significantly Raises Interest Rate of Parking Account 'Plus Box' by 0.8%p to 2.1% per Year

[Asia Economy Reporter Sim Nayoung] K-Bank's parking account 'Plus Box,' which allows free deposits and withdrawals, will raise its annual interest rate from 1.3% to 2.1%, an increase of 0.8 percentage points (p), starting from the 15th. Even if you deposit for just one day, an annual interest rate of 2.1% applies, and interest accumulated on the fourth Saturday of each month can be received, with a maximum applicable amount of up to 300 million KRW.

You can split accounts by purpose, such as 'allowance account' or 'emergency fund account,' and create up to 10 accounts. It is a useful product for temporarily storing money during a period of rising interest rates, allowing you to withdraw anytime for use in savings, deposits, investments, and more.

You can choose between the regular Plus Box or the Mood Account types. The 'Mood Account' allows you to set 'emotion emoji + message + savings amount' differently each day according to your mood. The limit is also the same, up to 300 million KRW.

A K-Bank official explained, "Following the proactive increase of up to 0.6 percentage points in the interest rates of two types of installment savings in early July, we are raising the interest rate of Plus Box to diversify customer choices during the interest rate hike period," adding, "We have prepared industry-leading interest rates and limits to enhance customer benefits."

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