Simplification of Preferential Interest Rate Conditions Such as Salary Transfer
Features Reflecting the Latest Travel Trends
[Asia Economy Reporter Jin-ho Kim] Woori Bank's 'Woori Travel Dream Savings' is gaining popularity among consumers.
'Woori Travel Dream Savings' is a product that offers an interest rate of up to 1.7% per annum and customized additional services for domestic travel.
'Woori Travel Dream Savings' is a fixed-term savings account that allows customers to choose between fixed installment savings and flexible installment savings. The subscription period ranges from 6 months to 36 months, with a maximum monthly deposit limit of 3 million KRW.
The interest rate for fixed installment savings with a 1-year subscription period is a basic annual rate of 1.4%, plus a preferential interest rate of 0.2 percentage points, totaling up to 1.6% per annum.
A key feature of 'Woori Travel Dream Savings' is the simplified preferential interest rate conditions. Customers can receive a preferential interest rate of 0.2 percentage points by fulfilling just one of the following: salary (or pension) transfer, automatic payment of telecommunications bills (or utility bills), or automatic payment of apartment management fees.
Additional benefits related to domestic travel are also provided. Subscribers receive additional services such as a one-night stay voucher at condos, resorts, or pensions, or a one-night stay and one-day rental car use voucher at hotels and resorts in Jeju Island.
With the recent increase in domestic travel demand due to restrictions on overseas travel, this product is evaluated as offering optimal benefits reflecting current travel trends.
A Woori Bank representative stated, "This product is the result of fully reflecting the needs of Woori Bank customers. We will continue to strive to provide better interest rates and services through customized products for our customers."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
