There are various sites for comparing interest rates on term deposits.
Among them, there are three sites that I think are good for comparing interest rates at a glance.
MONETA
Financial Supervisory Service Integrated Comparison Disclosure of Financial Products
Value Champion
Among the various sites, we looked at each of the top 3 sites that provide the most reliable data for time deposit rates. Of course, there are those who think that a bank with a high interest rate or a savings bank will be the same no matter where you search. But it’s different. This is because each site updates interest rate data at different times, and the scope and product types of banks and savings banks are all different. So if you only look at one place, you may lose your chance to get a higher interest rate. We took the time to collect various materials so that you can choose by considering all the various products. Please read this post to the end and find the product that suits you best. 정기예금 금리비교
There are many sites that compare interest rates on term deposits, such as MONETA, My Bank, Value Champion, Financial Supervisory Service, and the Consumer Portal of the Federation of Banks. All are good sites to compare interest rates and find products, but among them, I will summarize three sites that I think are easy and quick to find a place with a high interest rate. 좋은뉴스
index
Financial Supervisory Service Integrated Comparison Disclosure of Financial Products
MONETA
Value Champion
Financal Supervisory Service Integrated Comparison Disclosure of Financial Products
Financial Supervisory Service-Financial product comparison announcement-Bank-Term deposit-Conditions
Financial Supervisory Service Integrated Financial Product Comparison Disclosure Conditions for Comparison of Interest Rates on Term Deposit
First, let’s look at the Financial Supervisory Service’s consolidated financial product comparison announcement. Since it is a data directly announced by the Financial Supervisory Service and posted on the website, it can be considered to have the most public credibility. In fact, it is not an exaggeration to say that there are many cases where materials uploaded to this site from other sites are organized and taken. You can easily compare interest rates for both real term deposits and savings accounts with just a few clicks. You can also receive it as an organized Excel file. It is also the first site I go to and check when comparing interest rates on loans, just like the interest rates on credit loans. The time deposits for each bank, as guided by the Financial Supervisory Service’s Financial Product Integration Comparison Disclosure, which provides credible data, are as follows.
Financial Supervisory Service-Financial product integrated comparison disclosure-Bank-Term deposit-Interest rate comparison
Financial Supervisory Service consolidated financial product comparison announcement Comparison of preferential interest rates for time deposits at banks
I tried to sort them in order of the highest preferential rate. The bank that offers the highest preferential interest rate is Busan Bank. The product name is SUM Term Deposit. The actual pre-tax interest rate is only 0.8%, but the preferential rate is a whopping 1.5%. So, let’s take a closer look at what the preferential interest rate conditions are.
Busan Bank SUM Term Deposit
Financial Company Last Offer Date: 2021-04-20
preferential conditions
-10 million won or more new: 0.20%
-Send something 3 or more times: 0.10%
-More than 3 thumb withdrawals: 0.10%
-Some Bank Lotte Card payment amount of 3 million won or more: 0.10%
-More than 1 foreign currency exchange with Thumbbank: 0.10%
– Accounts with automatic renewal of deposit maturity: 0.10%
Subscription target
real name individual
(over 19 years old)
How to join
Smartphone
interest rate after maturity
– Within 1 year after maturity: General term deposit interest rate by subscription period x 50%,
– More than 1 year after maturity: General term deposit interest rate by subscription period x 20%
Other notes
1. Subscription limit: 100 million won or less
2. Subscription channel: You can sign up through our Some Bank (mobile)
There are many preferential conditions. For those who are unable to meet many of these preferential conditions, there is a workaround. It is about choosing the product that gives the highest interest rate without applying a preferential interest rate. In the case of Suhyup Bank’s Hey Term Deposit, the interest rate after tax is 1.02%.
Financial Supervisory Service – Financial Product Comparison Disclosure – Bank – Term Deposit – After-tax interest rate comparison
Financial Supervisory Service Integrated Comparison Disclosure of Financial Products Comparison of After-Tax Interest Rates for Bank Time Deposits
Suhyup Bank Hey Term Deposit
Financial Company Last Offer Date: 2021-04-29
preferential conditions
doesn’t exist
Subscription target
real name individual
How to join
Internet, smartphone
interest rate after maturity
* Within 1 year after expiration
– At the time of maturity, general term deposits (based on monthly interest payment) base interest rate for each contract period 1/2
* More than 1 year after expiration
– Basic interest rate of ordinary deposit at the time of maturity
Other notes
– Multiple accounts available per person.
However, the combined amount is not more than KRW 200 million
– Minimum of 100,000 won or more
The number one financial portal MONETA
Next, let’s compare the interest rates on time deposits at savings banks. Savings banks are popular these days because of their relatively low stability but good interest rates. There are so many different products that a lot of people are looking for. Of course, it is better to choose a product with a high interest rate. In MONETA, the number one financial portal, you can find the highest interest rates by savings bank product.
MONETA-Mutual Savings Bank-Term Deposit-Interest Rate Comparison
MONETA Mutual Savings Bank Term Deposit Interest Rate Comparison
The bank that offers the highest interest rate is Daea Savings Bank in Gyeongbuk. The product is a term deposit product with a pre-tax interest rate of 2.50%. If you deposit 10 million won as a deposit for one year, you will receive 10,211,500 won after tax. Please see the terms and conditions of the product below. If you have difficulty using Daea Savings Bank in Gyeongsangbuk-do, you can use Seoul Shinan Savings Bank, which offers the next highest interest rate before tax. Since internet banking is possible, I think that you can use it anywhere. However, the interest rate is slightly lower at 2.22%. Similarly, detailed product subscription conditions are written below.
Daea Savings Bank Term Deposit
There is no limit to the number of people who join. Purpose of membership.
Membership period 1 month to 1 year No special interest rate
Subscription amount over 10,000 won
Interest payment method Fixed rate/maturity interest payment Monthly interest payment method
Tax-saving benefits Tax-free subsistence type possible
Product Features ◈ Subscription Target: No limit
◈ Subscription limit: 100,000 won or more per case
◈ Deposit period: 1 month to 3 years
◈ Features
>Can join as a tax-free comprehensive savings
>Can pay monthly or compound interest
>If you cancel before the maturity date, it is advantageous to deposit until maturity because the early termination rate lower than the contract interest rate is applied.
>You can get a loan within 90% of your regular deposit balance with a term deposit as collateral
◈ Depositor Protection
※ This deposit is protected by the Korea Deposit Insurance Corporation in accordance with the Depositor Protection Act, but the limit of protection is “maximum KRW 50 million” per person, including the principal and predetermined interest of all financial products subject to deposit protection in this savings bank. The remaining amount in excess of this is not protected.
Seoul Shinan Savings Bank (Internet Banking) Term Deposit
There is no limit to the number of people who join. Purpose of membership.
Subscription period 1 month to 3 years No special interest rate
Subscription amount over 10,000 won
Interest payment method Fixed rate/maturity interest payment Monthly interest payment method
Tax-saving benefits Tax-free living type possible
Product Features ◈ Subscription Target: No limit
◈ Subscription period: 1-36 months (monthly)
◈ Subscription limit: 100,000 won or more
◈ Special Note: This is a product that you sign up for by going to the window directly.
◈ Interest payment method
>Monthly interest payment (single interest), maturity payment (compound interest)
>However, even if you signed up for the maturity payment method, if necessary, you can switch to the monthly interest payment method and receive monthly interest. (In case of conversion to the monthly interest payment method, the interest for the elapsed period is calculated as the monthly interest payment method (single interest).)
◈ Others
> Mid-term cancellation and change reports, deposit-backed loans are not allowed except for the person himself/herself.
> Deposits made at the window can only be processed by visiting a bank window. Deposits registered through internet banking cannot be automatically canceled, so the customer must process them directly through the internet.
※ This deposit is protected by the Korea Deposit Insurance Corporation in accordance with the Depositor Protection Act, but the protection limit is “maximum KRW 50 million” per person, including the principal and predetermined interest of all your financial products subject to deposit protection in this mutual savings bank, 5 The remaining amount in excess of 10 million won is not protected.
Value Champion
Finally, let’s take the data provided by Value Champion and compare them. Value Champion has a feature that various financial information, from card arrangement to bank interest rates, is organized in an easy-to-use manner for consumers. This is the site I mainly use when choosing a card and comparing interest rates at a glance. There is also an article comparing interest rates for term deposits in 2021. 1 It is divided into financial sector, short-term interest rate, long-term interest rate, and variable interest rate. Let’s take a look at the one-year short-term deposit interest rate we discussed earlier. If you want to find out more details, long-term interest rates, variable interest rates, etc. Let’s take a look at banks and savings banks in that order.
Value Champion-Bank-Term Deposit-Interest Rate Comparison
Value Champion Bank Term Deposit Rate Comparison
Value Champion – Savings Bank – Term Deposit – Interest Rate Comparison
Value Champion Savings Bank Term Deposit Rate Comparison
The data of Value Champion is clearly marked as a graph, so it has the advantage of being easy to recognize at a glance.
We looked at the comparison of term deposit interest rates on all three sites. In general, the top 3 places with high interest rates can be summarized as Busan Bank, Daea Savings Bank, and Welcome Savings Bank. When signing up for a product, I think it would be good to visit the official website of the bank and organize more detailed information. It is also a good way to consult directly. I hope you can use various methods to sign up for a no-loss deposit!