Hana Bank Launches 'Hana Manbogi Savings Account' with Up to 4.5% Interest Rate Based on Steps Walked
Translated from Korean, summarized and contextualized by DistantNews.
At a glance
- Hana Bank launched the 'Hana Manbogi Savings Account' offering preferential interest rates based on steps taken.
- Customers can earn up to a 4.5% annual interest rate if they walk more than 600,000 steps within 100 days.
- New customers who haven't held Hana Bank savings or deposits in the past year can also receive up to 5,000 Toss Points.
Hana Bank has introduced the 'Hana Manbogi Savings Account,' a new product designed to reward customers for their physical activity. This short-term, flexible savings account matures in 100 days, allowing daily deposits of up to 30,000 won.
The account offers a tiered interest rate system, with a base rate of 1.0% and preferential rates reaching up to 3.5%. To achieve the maximum annual interest rate of 4.5%, customers must meet specific conditions. These include agreeing to marketing promotions (0.5%), being a first-time customer for savings or deposits with Hana Bank in the past year (1.0%), and crucially, walking over 600,000 steps within the 100-day period (2.0%).
Meeting the step goal is designed to be achievable, requiring an average of about 6,000 steps per day over the 100 days. The bank is integrating this feature with the Toss app's step-tracking service, allowing users to monitor their progress. Additionally, new customers who have not held any savings or deposit products with Hana Bank in the last year are eligible for up to 5,000 Toss Points upon their first deposit.
Originally published by Dong-A Ilbo in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.