Preferential Interest Rates for Renewal... Busan Bank Launches 'The Level Up Time Deposit'

BNK Busan Bank recently launched a specialized product for fixed deposit reinvestment called ‘The Level Up Fixed Deposit’.

‘The Level Up Fixed Deposit’ is an exclusive product for Busan Bank mobile banking subscribers that offers preferential interest rates when reinvesting an amount equal to or greater than the matured non-face-to-face fixed deposit (including interest).

The subscription period can be chosen between 6 months and 12 months, and anyone can subscribe with a minimum of 1 million KRW.

It offers a maximum annual interest rate of 4.00%, which includes a base interest rate of 3.60%, a reinvestment preferential rate of 0.3%p, and an additional 0.1%p preferential rate for agreeing to receive financial information and benefit notifications via mobile banking.

Even if it is not a reinvestment, customers can receive up to 0.4%p preferential interest based on bank transaction performance, such as 0.1%p for credit card usage and 0.1%p for salary deposits.

Busan Bank is also running the ‘Because It’s Autumn, We Give More!’ event until the 18th.

This event targets the first 600 customers who subscribe to either ‘The Level Up Fixed Deposit’ or ‘The Special Fixed Deposit’ for 6 months with a minimum of 10 million KRW.

Eligible customers will be randomly selected in real-time to receive prizes such as ▲CGV movie tickets for 300 people (2 tickets per person) and ▲Starbucks coffee for 300 people (2 cups per person).

Detailed information about the product and event can be found on the Busan Bank mobile banking app.

No Junseop, Head of Customer Support at Busan Bank, said, “We launched ‘The Level Up Fixed Deposit’ to express our gratitude to customers who have loved Busan Bank’s fixed deposits,” and added, “Busan Bank will continue to prioritize customer satisfaction and offer practical products and services.”

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