Hana Bank Launches "Dream Piggy Bank" Savings Account for Minors... Up to 4% Annual Interest

Hana Bank announced on the 17th that it has launched a savings account exclusively for minors, called "Dream Piggy Bank."

The "Dream Piggy Bank" is a product designed to let children experience the value of saving in a meaningful way, evoking memories of childhood piggy banks. The interest rate is up to 4.0% per annum, including preferential rates, with a base rate of 2.0% per annum.

The monthly deposit amount ranges from a minimum of 10,000 won to a maximum of 500,000 won. The contract period is set at one year, and after-tax principal and interest are automatically rolled over each year until the child becomes an adult.

Preferential interest rates are offered as follows: 0.8% per annum for registering or holding a securities-linked account with Hana Securities, 0.8 percentage points per annum for newly opening or holding a comprehensive housing subscription savings account, and 0.2 percentage points per annum for setting up an automatic transfer via a Hana Bank deposit account. Additionally, if the child is newly enrolled or the account is rolled over in the year of birth or when entering elementary, middle, or high school, a special "Happy Year" rate of 0.2 percentage points per annum is added for that year.

A Hana Bank representative stated, "As a financial partner for future generations, we will continue to provide attention and support so that small saving habits can lead to a brighter future for children."

Further details can be found through the Hana Bank mobile app "Hana One Q" or at Hana Bank branches nationwide.

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