"5.5% Interest Rate Offered" Woori Bank Launches High-Interest Savings Product

‘Woori First Regular Savings’ Launch
5.5% Annual Interest for Customers Without Woori Bank Deposits or Savings in the Past Year

Woori Bank (President Lee Won-duk) announced on the 17th that it will launch the ‘Woori First Installment Savings’ offering an annual interest rate of up to 5.5%.

The subscription period is one year, and customers can subscribe through Woori WON Banking with a maximum monthly deposit of 500,000 KRW. The basic interest rate is 2.5%, and customers who have not held any installment savings or deposit products at Woori Bank, excluding demand deposit products, in the past year will receive an additional preferential interest rate of 3.0 percentage points, providing a maximum interest rate of 5.5%.

With the launch of ‘Woori First Installment Savings,’ Woori Bank has established a lineup of deposit and installment savings products that offer benefits to customers without any Woori Bank deposit or installment savings products, alongside the ‘Woori First Transaction Preferential Time Deposit’ launched in April last year, which provides preferential interest rates to first-time customers.

Meanwhile, to commemorate the product launch, Woori Bank is running the event ‘I’ll Take You on the Savings Bus to Your Goal’ until June 30. Customers who subscribe to the product and participate in the event during the event period will be entered into a draw, where 10 winners will receive a maturity maintenance support fund of 1,000,000 KRW. Additionally, through the friend invitation event, 2,000 KRW will be paid per invited friend, up to a maximum of 1,000,000 KRW per person, to the first 20,000 participants.

For more details, please check through Woori WON Banking.

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