Save Daily for a Month and Earn Up to 8% Annually... Kakao Bank Launches 'One-Month Savings'

From 100 Won to 30,000 Won Daily... Configurable Amount Settings Available

KakaoBank is launching a short-term savings product with a one-month term.

KakaoBank announced on the 24th that it will launch the ‘One-Month Savings’ product. The One-Month Savings is a savings product that allows customers to freely deposit from a minimum of 100 KRW up to 30,000 KRW once a day in 1 KRW increments for 31 days.

This product offers a basic interest rate of 2.5% per annum, with a preferential interest rate (0.1 percentage points) provided each time a daily deposit is made. Additionally, with up to six bonus preferential interest rates offered at the 5th, 10th, 15th, 20th, 25th, and 31st days, customers can enjoy an interest rate benefit of up to 8.0% per annum.

Customers can open up to three One-Month Savings accounts simultaneously. A KakaoBank representative said, “We expect to provide customers with a new savings habit by offering preferential interest rates each time a daily deposit is made.”

One-Month Savings is also characterized by helping customers experience savings maturity without failure. Not only can the deposit amount be set from a minimum of 100 KRW in 1 KRW increments, but customers can also change the set amount daily if they have limited extra funds or want to deposit more.

Moreover, each time a deposit is made, the character Chunsik climbs one floor of a 31-story building, with various floors opening up in different designs, adding fun to the savings process. On the first day of deposit, Chunsik appears on the 1st floor, and on the second day, on the 2nd floor, allowing customers to see various concept designs up to the 31st floor.

Especially, customers who successfully make deposits for all 31 days can meet Chunsik in the penthouse on the 31st floor, increasing their interest and anticipation for the savings maturity. KakaoBank also provides a deposit reminder service to help customers not forget their daily deposits.

To celebrate the launch of One-Month Savings, KakaoBank will hold an event starting on the 26th. Every week, 10,000 people will be selected by lottery to receive a savings start support fund of 3,100 KRW, and customers are automatically entered by simply signing up for the One-Month Savings without any separate event application. Additionally, among customers who share the One-Month Savings event page, 1,000 will receive Starbucks coffee coupons.

A KakaoBank representative said, “This product, which can be started with a minimum deposit of 100 KRW, allows anyone to experience successful savings maturity without burden,” adding, “We prepared it so that customers can enjoy the fun and pleasure of saving and managing money over the course of one month.”

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