If You Save Weekly, Get a Coffee Coupon... K-Bank Launches '30-Day Savings Challenge'

Up to 5 million KRW subscription available
4.0% annual interest with Starbucks coupon giveaway

[Asia Economy Reporter Minwoo Lee] K-Bank is holding an event where customers who successfully save money for 30 days will receive prizes such as coffee.

K-Bank announced on the 25th that it will conduct the "30-Day Savings Challenge" event in collaboration with the automatic lump-sum saving service "Challenge Box."

The event sets a target period of 30 days, and if the target amount is saved, participants will receive a Starbucks Americano coffee coupon. The event period is from the 25th to the 31st, and up to 10,000 participants will be accepted on a first-come, first-served basis. The amount that can be set ranges from 100,000 to 5,000,000 KRW. Only one account per person can join, and rejoining after early termination is not allowed.

"Challenge Box" is an automatic lump-sum saving service where, once the target days and target amount are set, the amount to be saved weekly is automatically calculated. The weekly deposit amount plus interest payments make up the target amount. The minimum subscription period is 30 days, and the maximum subscription amount is 5,000,000 KRW. The interest rate is up to 4.0% per annum. The basic interest rate is 1.5% per annum, with an additional preferential interest rate of 2.5 percentage points added upon final success.

For example, if the goal is set to "save 1,000,000 KRW in 30 days" in this event, successfully saving 199,719 KRW weekly for 5 weeks will earn interest of 1,405 KRW and a coffee coupon worth approximately 4,500 KRW. The coffee coupons are scheduled to be distributed in early December.

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