Toss Bank Launches 'Toss Bank Free Savings' with Up to 5% Annual Interest

When Automatically Transferring Monthly Payments for Over 12 Months

Toss Bank announced on the 9th that it will launch the ‘Toss Bank Free Savings’ which offers a preferential interest rate of up to 5% per annum when customers save money through automatic transfers every month.

The subscription period can be selected by the customer from a minimum of 3 months to a maximum of 36 months. The monthly deposit limit is up to 3 million KRW, and in addition to the automatic transfer set at the time of subscription, additional deposits can be freely made within the limit. The basic interest rate varies depending on the subscription period, and customers who subscribe for 12 months or more and make automatic transfers every month can receive the maximum interest rate benefit of 5% per annum.

Customers can also calculate the interest they will receive before subscribing to the savings. During the subscription process, if customers set their desired monthly deposit amount and subscription period, they can check the interest (before tax) they will receive at maturity. Additionally, those eligible for tax-exempt comprehensive savings can click ‘Apply Tax Exemption’ to enjoy tax-exempt benefits without submitting separate documents.

A Toss Bank representative said, “The ‘Toss Bank Free Savings’ allows customers to focus solely on saving without worrying about complicated preferential conditions,” and added, “We will continue to strive to make it easy and convenient for customers to enjoy great benefits.”

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