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"Up to 11% Annual Interest": Savings Account for Military Personnel to Help Build a Nest Egg

"Up to 11% Annual Interest": Savings Account for Military Personnel to Help Build a Nest Egg

Korea Post Launches 'Military Personnel Tomorrow Preparation Savings' and 'Mami Deundeun Savings'

Korea Post will run an enrollment event from September 1 through the end of October for 'Korea Post Military Personnel Tomorrow Preparation Savings' and 'Korea Post Mami Deundeun Savings'. /Photo=Korea Post
Korea Post will run an enrollment event from September 1 through the end of October for 'Korea Post Military Personnel Tomorrow Preparation Savings' and 'Korea Post Mami Deundeun Savings'. /Photo=Korea Post

Korea Post is introducing savings accounts designed to help military personnel, working women, and multi-child, single-parent, and multicultural families build a nest egg.

On the 31st, Korea Post announced that from the 1st through the end of October, new subscribers to 'Korea Post Military Personnel Tomorrow Preparation Savings' or 'Korea Post Mami Deundeun Savings' who agree to automatic transfers from their Korea Post accounts will receive a 10,000 won discount coupon for Korea Post Shopping.

The 'Korea Post Military Personnel Tomorrow Preparation Savings' is a product designed to support military personnel in building a nest egg. Eligible applicants include active-duty soldiers (Army, Navy, Air Force, and Marine Corps), permanent reserve forces, mandatory police officers, and social service personnel. An interest rate of up to 11.0% annually will be applied by adding a preferential rate to the base rate.

During the promotional period, new subscribers to the Military Personnel Tomorrow Preparation Savings who agree to automatic transfers of at least 30,000 won per month from Korea Post's flexible deposit account will receive a 10,000 won discount coupon for Korea Post Shopping. A 'Military Personnel Exclusive Zone' has also been set up on Korea Post Shopping.

The 'Korea Post Mami Deundeun Savings' is a product that offers preferential treatment to working women and multi-child, single-parent, and multicultural families. It applies an annual interest rate of up to 4.5% (based on a 12-month term). During the promotional period, new subscribers to the Mami Deundeun Savings who agree to automatic transfers of at least 300,000 won per month from their Korea Post flexible deposit account will receive a 10,000 won discount coupon for Korea Post Shopping.

Park In-hwan (Head) stated, "We aim to expand tangible benefits that citizens can experience by linking Korea Post's financial and lifestyle services."

"Please note that this article has been automatically translated by AI, and minor discrepancies from the original text may occur due to machine translation limits."