Tiered Interest Rates by Account Balance
"Optimized for Managing Large Sums"
Acuon Savings Bank announced on June 4 that it has launched the "3000 Plus Account," a demand deposit product offering a maximum annual interest rate of 3.0%.
The bank developed this product to allow customers to manage large sums of money efficiently while retaining the flexibility to withdraw funds freely when needed.
The key feature of this product is its tiered interest rates based on account balance. An annual interest rate of 3.0% applies to balances up to 30 million KRW, 2.5% for balances over 30 million KRW and up to 100 million KRW, and 1.0% for balances exceeding 100 million KRW.
Customers can only open this account through the Acuon Savings Bank mobile banking app. Each individual is limited to one account. There are no restrictions on the deposit amount or the account period.
To commemorate the product launch, a special event will be held until June 30. During the event period, 100 customers who open the account and maintain a deposit balance of 500,000 KRW will be selected by lottery to receive prizes.
A representative from Acuon Savings Bank stated, "This is a customized product for customers who want to maintain liquidity in case of urgent financial needs, while also not missing out on returns for their large deposits," adding, "We will continue to develop financial products that are helpful in everyday life."
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