Let’s take a look at 7 banks with high interest rates for installment savings. As a bank short-term installment savings product with a high interest rate for six months, we have collected and organized only installment savings products that are good for raising large amounts of money for a short period of time during a period of rising interest rates. Woori, Kookmin, NH Nonghyup, SH Suhyup, Kakao Bank, and Toss Bank are explained, so please take a look at the monthly payment amount and installment savings subscription period and proceed with short-term installment savings that suit your conditions.
7 bank products with high savings interest
Let’s look at high-interest banking products. 6 months is a short period of time, and it is a good product to collect a large amount of money by saving an unburdened amount. The highest interest varies from 10% to 4%, so please play interest with the installment savings that suits your conditions.
Write the title of the 7 banks with high interest on installment savings in a blue square
high interest savings bank
Woori Merchant Bank THE Dream Installment Deposit 3
Woori Bank’s THE Dream Regular Deposit 3 is a smart banking non-face-to-face exclusive installment savings product that allows you to receive a 10.55% annual pre-tax interest rate through preferential benefits. It is linked to the CMA Note account opened through a branch office or non-face-to-face service, so you can transfer conveniently.
(1) Savings information
Interest rate: maximum annual 10.55% (when applying the maximum preferential rate), basic 4.05%
Subscription period (maturity): 6 months, exclusive product for Woori Bank Smart Banking Badimyeon
Automatic cancellation on the maturity date (Preferential interest rate applies only when all conditions are met until normal maturity)
(2) Prime rate (+6.5% condition)
Preferential treatment for new customers: +1.5% for first-time customers
Preference for salary transfer: +1.0% for salary transfer to CMA Note account
+1.2% when maintaining an average balance of KRW 30 million for 6 months until maturity
Marketing opt-in +0.5%
Spend more than KRW 3,000,000 with a CMA debit card until maturity +0.8%
Friend recommendation preferential treatment: +1.5% when recommended customers sign up for the savings account
A photo of Woori Bank The Dream Recurring Deposit 3
Woori Bank The Dream Recurring Deposit 3
NH Nonghyup Bank NH1934 Monthly Welfare Installment Savings
Nonghyup Bank’s NH1934 monthly compound installment savings is a short-term installment savings product made for young people, and the basic interest rate is not low at 3%. The unusual thing is that if you have graduated from an agricultural school, you can apply for an additional 2% interest rate.
Photo of Nonghyup Bank NH1934 Monthly Welfare Installment Savings product information written
NH1934 Monthly compound interest installment
(1) Savings information
Interest Rate: Maximum annual rate of 6.60% (when maximum preferential interest rate is applied), basic rate of 3.00%
Target: 19 to 34 years old
Installment Savings Period: 6 to 24 months
If the preferential conditions are met, it is added to the current base interest rate of 3.00% and applied at the time of expiration
(2) Prime rate (+3.5% condition)
Salary record: +1.0% if there is a salary record according to the subscription period
Non-face-to-face channel transfer performance +0.3% for 2 or more transfers per month
Marketing agreement preferential treatment +0.2%
Agricultural high school and youth farmer academy graduates apply +2.0% once a year
NH Nonghyup Bank NH1418 Swing Installment Savings
Nonghyup Bank’s NH1418 Swing Savings Savings is an installment deposit that provides preferential interest rates for youth’s financial transaction experience and enables easy savings through the swing deposit service. If you do not have a history of Nonghyup term deposit or installment savings in your child’s name, you can receive an interest of 6.6%, which is advantageous.
(1) Savings information
Interest rate: maximum annual 6.60%, basic 3.00%
Target: 1 account per person aged 14 to 18
Duration: More than 6 months ~ less than 12 months
Interest payment method: Calculate interest every day, calculate it on the 4th Saturday of March, June, September, and December, and pay it the next day
(2) Prime rate (+3.5% condition)
NH1418 Preferential account and deposit service connection (maintained until cancellation) +0.5%
Monthly average approval performance of NH Chaeum check card over KRW 30,000 +0.7%
Nonghyup Bank non-face-to-face channel new subscription +0.3%
Customers who do not have deposits at Nonghyup Bank for one year immediately before signing up for the product +2.0%
KB Kookmin Bank KB Star Pay Installment Savings
This is a good installment savings product for those who frequently use simple payments linked to Kookmin Card. Although the amount that can be accumulated is somewhat limited, it is possible to sign up for a mortgage loan, tax-free comprehensive savings, and the Depositor Protection Act, which guarantees the principal, is also applied.
(1) Savings information
Interest rate: Maximum annual rate of 6.00% (when maximum preferential interest rate is applied), basic annual rate of 1.80%
Amount: Free installment deposit from 10,000 won to 300,000 won per month
Savings period: 6 months
(2) Prime rate (+4.2% condition)
KB Star Banking PAY attendance check preferential interest rate: up to 4.2% per annum
Application method: 0.1% per annum per day of the number of days paid with KB Star Banking PAY
Period: From the day you sign up for this installment savings account until 5 days before the maturity date
Payment method: KB PAY payment within the KB Star Banking app
Payments made with KB Kookmin Card, KB PAY app, Liiv KB PAY, etc. are excluded.
The preferential interest rate is applied during the contract period at the time of expiration if the conditions are met
For reference, you need to make 42 KB Pay payments during the 6-month installment savings period, and if you achieve all 42 times, you will receive an interest rate of up to 6%.
Photo of Kookmin Bank KB Star Pay Installment Savings product information written
KB Kookmin Bank Star Pay Installment Savings
SH Suhyup Bank Travel Installment Savings
There are not many travel installment savings in the banking sector, but it is an installment savings that allows you to receive interest and benefits related to Mode Tour at SH Suhyup Bank.
SH Suhyup Bank travel installment savings can benefit from all tours. After signing up for Travel Savings Savings, an authentication number is provided, with which you can receive a 3% discount on Mode Tour package products and 2% mileage.
(1) Savings information
Interest rate: Maximum of 6.00% per annum when applying the maximum preferential rate, basic annual rate of 3.00%
Accumulate a designated amount between KRW 10,000 and KRW 300,000 per month
Savings period: 6 months
When signing up, there are many travel-related service benefits
(2) Prime rate (condition +3.00%)
+2.5% when using a Suhyup credit card worth KRW 2,000,000 or more
Possession of Suhyup credit card and payment account designated as our bank +0.2%
+0.2% if the number of automatic transfer payments from Suhyup Bank’s bankbook to this installment savings account is two or more times
Agree to use marketing +0.1%
Kakao Bank 26 Week Installment Savings
It has the advantage of being able to deposit in small amounts from 1,000 won to 10,000 won. With a high interest rate of up to 7% per annum, it is good to collect a small amount of money in a short period of 26 weeks.
(1) Savings information
Interest Rate: Maximum annual rate of 7.00% (if all 26 weeks are successful), basic annual rate of 3.50% just starting
Automatically debited in increments equal to the initial subscription amount each week for 26 weeks
Subscription amount: Choose from 1,000 won, 2,000 won, 3,000 won, 5,000 won, or 10,000 won
Payment amount and day cannot be changed
(2) Prime rate
Add +1.00% to 3.50% base interest rate if 7 weeks succeed
+2.50% more if all 26 weeks are successful
Grow Toss Banking Installment Savings
If you successfully save a total of 26 weekly savings over 6 months, we offer the highest interest rate of 4% per annum. The amount can start from 1,000 won and can be changed during the saving period. You can save up to 1 million won per month and add more if you want to do more.
(1) Savings information
Interest Rate: Maximum annual rate of 4.00%, basic rate of 2.00% per annum when automatic transfer is successful 26 times a week
Mission-type installment savings challenging for a short period of time, you can receive 4% interest per year if you succeed in consecutive automatic transfers every week
You can withdraw a portion of the balance of your installment savings account by the day before the expiration date without canceling the product (up to 2 times within the contract period)
(2) Prime rate
Excluding the initial subscription amount, +2.0% for successful 25 consecutive savings each week
However, if the automatic transfer fails even once, payment will not be made.
Grow Toss Bank Installment Savings Product Information Created Photos
Grow Toss Bank Installment Savings
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So far, we have looked at 7 products with high savings interest rates. We mainly introduced short-term installment savings products that are good for saving money for a short period of time, and we hope you choose the financial product that gives you the most benefits.