Acuon Savings Bank Launches "Youth Plan Installment Savings" with Up to 7% Annual Interest

Exclusive Mobile Product for Ages 19 to 39
Save from 1,000 KRW to 500,000 KRW per Month

Acuon Savings Bank announced on July 16, 2025, that it has launched the "Youth Plan Installment Savings," offering a maximum annual interest rate of 7%.

Customers aged 19 to 39 are eligible to subscribe. The product was developed to reflect the diverse income patterns and fund management needs of this age group.

Subscribers can set their own savings goal and deposit between 1,000 KRW and 500,000 KRW each month. If the target amount is reached, they can immediately close the account and receive a preferential benefit for achieving their goal. The savings period can be selected in monthly increments, ranging from 6 to 12 months.

The base interest rate varies depending on the subscription period: 3.0% per annum for 6 to 11 months, and 3.5% per annum for 12 months. In addition, customers who reach their self-set savings goal receive an extra 2.5 percentage points, and those who use mobile banking at least three times a month receive an additional 1.0 percentage point. The maximum interest rate benefit is up to 7.0% per annum.

The Youth Plan Installment Savings can only be subscribed to via the Acuon Savings Bank mobile banking application.

To mark the launch, an event will be held until August 14. Through a lottery, 15 winners will receive 30,000 KRW in Naver Pay points, another 15 will receive a 20,000 KRW Starbucks e-card voucher, and 70 will receive a 10,000 KRW CU mobile gift certificate. To participate, customers need to subscribe to the Youth Plan Installment Savings during the event period and enter the event.

An official from Acuon Savings Bank stated, "We designed this product to help young people aged 19 to 39 accumulate substantial savings without burden, offering both a high interest rate and convenience," adding, "We will continue to develop differentiated financial products tailored to our customers' lifestyles."

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