[Asia Economy Reporter Buaeri] KB Kookmin Bank announced on the 16th that it will launch a savings product with a maximum annual interest rate of 4.5% in partnership with Hyundai Oilbank.
'KB Coupon Book Savings with Hyundai Oilbank' can be subscribed through KB Star Banking for the first 30,000 accounts on a first-come, first-served basis. The subscription period is 6 months, and deposits can be made freely from 1,000 KRW to 300,000 KRW per month.
The basic interest rate is 1.9% per year. Including a daily success preferential interest rate of up to 0.5% per year, a MyData preferential interest rate of 1.0% per year, a housing subscription savings preferential interest rate of 1.0% per year, and a KB Star Banking transfer preferential interest rate of 0.1% per year, the maximum interest rate offered is 4.5% per year.
Benefits also include Hyundai Oilbank fuel discounts worth up to 36,000 KRW. Upon account opening, a 7,000 KRW discount coupon usable for fuel payment at Hyundai Oilbank is provided, and for each business day of successful saving, three 3,000 KRW fuel discount coupons and two 10,000 KRW premium gasoline fuel discount coupons at Hyundai Oilbank are offered.
A KB Kookmin Bank official said, "We will continue to strive to provide customers with more innovative and practical benefits through partnerships with various industries and companies."
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