Saemaeul Geumgo Launches 'MG Gadeuk Regular Savings' with Preferential Interest Rates up to 4.5%

[Asia Economy Reporter Kim Min-young] Saemaeul Geumgo announced on the 17th that it will launch the ‘MG Gadeuk Regular Savings’ on the 20th.

MG Gadeuk Regular Savings is a fixed installment savings account available to individuals aged 19 and older with real names. The subscription period is 12 months, and the payment amount can be contracted in units of 10,000 KRW up to 300,000 KRW per month. This product is exclusively available for in-branch subscription.

Saemaeul Geumgo positioned this product as a new deposit product in collaboration with local communities and affiliated card companies. In addition to the basic interest rate applied by each Geumgo branch, customers can receive preferential interest benefits of up to 4.5% per annum. Setting up automatic transfer at maturity grants an additional 0.5% per annum preferential interest, and local preferential rates provide up to 1.5% per annum. Furthermore, based on the usage performance of affiliated credit cards, an additional preferential interest rate of up to 2.5% per annum is offered.

However, only one account per person is allowed across all Saemaeul Geumgo branches per affiliated card company (Samsung Card, Woori Card), and the product is limited to a total of 40,000 accounts, with 20,000 accounts per card company.

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