DB Savings Bank Raises 'Dream Big' Deposit Rate to 3.2%

DB Savings Bank announced on September 12 that it is raising the interest rate for its 'Dream Big' savings account to 3.2% per year.

The new rate applies to deposits of up to 70 million won. The 'Dream Big' account allows for unlimited deposits and withdrawals without restrictions on the amount or duration. Individuals aged 19 and older can open one account through the mobile app or at a branch.

There are no special conditions for preferential rates, such as salary transfers or card usage. The increased rate will apply equally to both new and existing customers.

The interest rates are tiered based on the deposit amount. For amounts up to 70 million won, the rate is 3.2%. For amounts exceeding 70 million won and up to 1 billion won, the rate is 1.5%. For amounts over 1 billion won, the rate is 0.5%.

A representative from DB Savings Bank stated, “We decided to raise the interest rate to allow customers to manage their funds more flexibly and efficiently in response to recent changes in the financial market. We will continue to offer competitive financial products and services that customers can truly benefit from.”