Money is being driven to the bank due to the recession at high interest rates. There must be a lot of people who leave money to be used temporarily in a parking account and receive interest.
Today, we will look at K Bank Plus Box product information and interest calculation, the representative of the 1st financial sector parking account. 케이뱅크 플러스박스 후기
K-Bank Parking Bankbook Parking Bankbook Product Information
A parking account is a type of account for occasional deposit and withdrawal, and is characterized by a higher interest rate than a basic occasional deposit and withdrawal account. You can deposit up to KRW 300 million with a 2.7% annual interest on the K-Bank Plus Box parking account. 이베이스매뉴얼
✔️ Eligibility: Individuals and private businesses (up to 10 accounts per person) ✔️ Amount of subscription: up to 300 million won
✔️ Subscription Period: Unlimited
✔️ Interest rate information: 2.7% per year
According to the Depositor Protection Act, the K-Bank Plus Parking account can be protected up to 50 million won, including the principal and interest.
K Bank Plus Box Parking Account Interest
The parking account basically calculates the applied interest rate on a daily basis and pays it on the monthly interest payment date. The more money you deposit for a longer period of time, the more interest you will receive.
✔️ How to calculate interest
: Daily interest sum per period
New: From the first deposit date to the day before the next interest payment date
Existing: The last interest payment date ~ the day before the next interest payment date
The accumulated interest is paid on the fourth Saturday of each month.
Although the calculation method may be slightly different from the term deposit, the 2.7% interest on 10 million won is approximately 19,000 won. I can eat about one chicken once a month.
For cash to be used in the short term, it is good to receive interest by using a parking account. This is because, in the case of time deposits or periodic deposits, money is tied up for a certain period of time, and in case of early termination, you receive a very small interest rate compared to the contracted interest rate.
In addition, the parking passbook can enjoy a small compound interest effect. The amount of interest received in the previous month is added and additionally accumulated as interest in the following month.
K-Bank recently raised the interest rate for fixed deposits to 5% and the interest rate for parking accounts to 2.7%. In addition, we are still running a gift box event.
🎁 Go get the 100,000 won prize
I haven’t received the 100,000 won prize yet, but many people have signed up as referrals, so the cumulative prize seems to be 100,000 won. If you would like to sign up for a K-bank parking account, please also receive a gift box and the luck of winning 100,000 won.
Above, we looked at K-bank parking account product information and interest calculation. I hope it has been helpful in your life.