"Walk and Earn Higher Interest" ... Toss and Hana Bank Launch Season 2 of Step Counter Savings Account

Toss announced on the 28th that it has launched Season 2 of the "Hana Step Counter Installment Savings" product in partnership with Hana Bank.

The "Hana Step Counter Installment Savings" is a deposit product from Hana Bank that combines Hana Bank’s financial product with the Toss step counter service. Season 2, following the launch of Season 1 on July 15, has doubled the subscription limit from the original 10,000 accounts to 20,000 accounts.

Any individual or sole proprietor who is a Korean national aged 19 or older can open one account per person. The savings account can be set up with an initial deposit of 0 won. The subscription period is 100 days, and you can make flexible deposits ranging from 1,000 won to a maximum of 30,000 won per day.

The base interest rate is 1.0% per annum, with an additional preferential rate of up to 3.5% per annum, making the maximum annual interest rate 4.5% before tax. The key feature is the preferential interest rate based on the number of steps walked. For 61 days from the account opening date until the 60th day, if the cumulative number of steps counted by the Toss step counter is at least 15,000 steps, a 1.0% preferential rate is applied; at least 300,000 steps, a 1.5% preferential rate is applied; and at least 600,000 steps, a 2.0% preferential rate is applied. In other words, the more you walk, the higher the interest rate.

Additionally, customers who open an installment or deposit account with Hana Bank for the first time and have not held such an account in the past year (excluding home subscription savings products) receive an extra 1.0% preferential rate, and customers who agree to all Hana Bank product and service marketing terms receive an additional 0.5% preferential rate.

A Toss representative commented, "'Hana Step Counter Installment Savings' provides an experience where the habit of daily walking leads to savings benefits, and received a great response by selling out in just 13 days after its launch. We hope that with Season 2, more users can connect their daily steps to interest rate benefits."

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