Seoul, South Korea – Korea Post, the nation's postal service, has introduced a new savings account, "Lucky BC Direct Savings," offering an attractive annual interest rate of up to 3.3% (before tax) and exclusive rewards of 7%. This limited-time offer is available to the first 60,000 subscribers.
The new product, a joint venture with BC Card, builds on Korea Post's regular savings account's base interest rate of 3.0% by adding an additional 0.3% bonus rate. To qualify for the bonus interest, customers must meet certain criteria, such as being a first-time Korea Post savings account holder, setting up automatic transfers, and using a BC Card for bill payments.
The special 7% reward is offered by BC Card and is tied to the usage of their BC Card. The specific benefits depend on the customer's card usage and monthly spending.
Individuals are limited to one account per person. The savings account can be opened at any post office or online, with a monthly deposit limit of 300,000 won. Korea Post assures customers that all deposits are fully guaranteed by the government.
To celebrate the launch, Korea Post is hosting a "Lucky BC Direct Savings" event, offering various prizes. Customers who sign up for the new savings account through the "Itda Banking" app by January of the following year will have a chance to win Naver Pay points, Baemin gift certificates, or Korea Post Shopping gift certificates. Customers who open an account at a post office or online can win prizes such as a Coway Birex massage chair, a Dyson Airwrap Multi-Styler, Korea Post Shopping gift certificates, or coffee coupons.
"The Lucky BC Direct Savings account offers customers significant benefits through our partnership with a credit card company," said Korea Post CEO Jo Hae-geun. "We will continue to introduce various products that provide attractive benefits to our savings customers."
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