KB Kookmin Bank Launches 'Win-Win Financial Package' for Seniors

KB Kookmin Bank announced on the 30th that it will launch the ‘KB Win-Win Finance Package’ for senior customers.

The KB Win-Win Finance Package consists of the new product ‘On Gukmin Health Savings-Golden Life’ and KB Live Mobile’s ‘Golden Life LTE Plan.’ It also includes support measures to enhance convenience and financial accessibility for senior customers, such as waiving the issuance fee for cash IC cards for customers aged 60 and over and expanding the operation of senior lounges.

'On Gukmin Health Savings-Golden Life' accounts can be opened through KB Star Banking and branch visits, allowing customers to freely save up to 200,000 KRW per month during the 6-month contract period. It is a win-win financial product that offers special additional preferential interest rates to low-income customers. The basic interest rate is 2.0% per annum, and by fulfilling preferential conditions such as enjoyable walking and step counting, customers can receive an interest rate of up to 10.0% per annum. KB Kookmin Bank plans to donate up to 100 million KRW, contributing 10,000 KRW per new customer subscription to ‘On Gukmin Health Savings-Golden Life,’ to support knee replacement surgeries for low-income elderly individuals.

The ‘Golden Life LTE Plan’ is available to anyone aged 65 and older and provides unlimited data, voice, and text services. Additionally, subscribers to the Golden Life LTE Plan can use phishing insurance free of charge to prevent voice phishing. From September to November, including the activation month, KB Live Mobile will offer a promotion providing the basic fee free of charge for two months. The ‘Golden Life LTE Plan’ will also raise donations of up to 100 million KRW, contributing 50,000 KRW per activated line, to support winter living supplies for low-income seniors living alone.

KB Kookmin Bank included additional support measures in the package beyond the win-win products. To facilitate smooth non-face-to-face transactions for financially vulnerable senior customers, the issuance fee for cash IC (MyQ) cards will be fully waived for customers aged 60 and over. The bank also plans to expand the operation of the ‘KB Senior Lounge,’ a specialized branch model for seniors. The ‘KB Senior Lounge’ is a specialized branch operated to support elderly customers who are socially marginalized due to the development of digital finance.

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