K Bank Offers 0.3% Bonus Interest on Parking Account

K Bank announced on June 11 that it will offer a bonus interest coupon for customers using its parking account product, Plus Box. This initiative comes as demand for parking accounts has increased due to a rise in idle investment funds, indicating a strategy to attract short-term depositors.

The Plus Box, launched by K Bank, is a deposit and withdrawal account that accrues interest even if funds are held for just one day. Currently, an interest rate of 1.7% per annum applies to balances up to 50 million won, while amounts exceeding 50 million won earn 2.2%. Customers can open up to 10 accounts and benefit from a daily interest payout service called 'Immediate Interest Payment.'

Through this event, customers can receive an additional 0.3 percentage points in bonus interest on top of the existing rates. The bonus interest is tiered based on the balance in each customer's Plus Box as of June 10.

For instance, customers with balances between 10 million and 30 million won will receive the bonus interest for amounts exceeding 30 million up to 60 million won. As a result, some customers may benefit from a maximum annual interest rate of 2.5%.

Customers who do not currently hold a Plus Box or have a zero balance can also receive the bonus interest for amounts up to 10 million won upon opening a new account.

The bonus interest coupon can be obtained from the event page and must be used within seven days of issuance. The bonus interest will be available for 30 days from the application date.

A K Bank representative stated, "We organized this event to provide tangible interest benefits to customers using parking accounts. We plan to continue expanding services tailored to the financial management needs of our deposit customers."