Gwangju Bank Raises Parking Account Interest Rate... Up to 5.10% Annual Benefit

Additional Preferential Interest Rate Offered on Balances Up to 300,000 Won

Gwangju Bank is increasing the base interest rate of its 'Maeil Ija Wa Parking Account,' which offers a high annual interest rate of up to 5.10% even for a single-day deposit, with daily interest payments, and will launch an additional preferential interest rate event.

Gwangju Bank will raise the base interest rate for the 'Daily Interest Wa Parking Account,' which offers a high interest rate of up to 5.10% per annum even for a one-day deposit and pays interest daily, and will conduct an additional preferential interest rate event. [Provided by Gwangju Bank]

On June 17, Gwangju Bank announced that it would raise the base interest rate of the 'Maeil Ija Wa Parking Account,' a demand deposit product that allows customers to earn interest even for a one-day deposit, and would hold an additional preferential interest rate event.

This event will run until November 30 and is available to customers who sign up for the 'Maeil Ija Wa Parking Account.' For two months from the date of account opening, an additional preferential interest rate of 2.60 percentage points per annum will be offered on daily closing balances of up to 300,000 won.

In addition, the base interest rate will be increased to 2.50% per annum. With the preferential rate event, customers can enjoy a maximum annual interest rate of 5.10% on balances of up to 300,000 won.

The 'Maeil Ija Wa Parking Account' is designed to maximize interest benefits for short-term fund management, while allowing customers to freely deposit and withdraw surplus funds.

Interest is paid regularly on the fourth Saturday of March, June, September, and December each year. Notably, customers may opt to receive daily interest payments by applying for the 'Daily Interest Payout' feature, which allows them to receive the interest accrued each day immediately.

Eligible applicants are individual customers with real-name verification who have not held a demand deposit account at Gwangju Bank in the month prior to the account opening date. Each person may open only one account. There is no limit on the deposit amount, and applications can be made at a nearby branch, through smart banking, or via mobile web banking.

Park Daeha, Vice President of Gwangju Bank, stated, "By increasing the base interest rate and offering the preferential interest rate event for the 'Maeil Ija Wa Parking Account,' we have enhanced benefits to help customers manage their surplus funds more efficiently," adding, "We will continue to strengthen our customer-centric product competitiveness to deliver substantial financial benefits."

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