Woori Bank Launches 'Woori Together Savings' with Up to 6% Annual Interest

Preferred Interest Rate Up to 3% Based on Recruitment Numbers by Referral Code... 6-Month Maturity

Woori Bank announced on the 14th that it will launch the Woori Together Savings, an exclusive product for Woori WON Banking, offering an annual interest rate of up to 6%.

Woori Bank, Jung-gu, Seoul. Photo by Jinhyung Kang aymsdream@

The Woori Together Savings is a flexible installment savings product that allows deposits of up to 500,000 KRW per month, with a savings period of 6 months. Each individual can open only one account. This product offers a basic interest rate of 3%, plus a preferential interest rate of up to 3% depending on the number of recruits per recommendation code, making it a recruitment-type deposit product.

Any individual wishing to participate in this product can obtain a recommendation code through Woori WON Banking and share it with prospective subscribers. The same preferential interest rate applies to everyone who joins using the corresponding recommendation code. The preferential interest rates based on the number of recruits are as follows: 1.5% for 2?5 people, 2.0% for 6?14 people, 2.5% for 15?29 people, and 3.0% for 30 or more people.

The maximum number of recruits per recommendation code is 50, and the number of recruits per code can be checked in real time through the ‘Woori WON Banking Savings Management’ feature. Additionally, subscribers who receive a recommendation code can share it with others. However, the recommendation code is valid only for 14 days from the date of initial issuance.

A Woori Bank official stated, “Woori Together Savings is a shared product where everyone receives preferential interest rates by sharing recommendation codes,” adding, “We hope this opportunity allows people to enjoy sharing financial products through recommendation code sharing while also benefiting from preferential interest rates.”

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