Internet bank Kakao Bank was followed by Toss Bank. Toss Bank is a toss new service operated by Viva Republica. I keep using it because of free shipping. This time, it is attracting a lot of attention as it challenges new banks.
One of the reasons why Toss Bank is receiving so much attention is its unconventional products and services. There are four main types of loans: deposits, credit loans, debit cards, and jeonse loans. 토스뱅크 마이너스통장
savings account 이베이스매뉴얼
You can open an account with an interest rate of 2% with no maturity or cap conditions. In today’s low interest rates, 2% interest rates seem high. (The maximum interest rate for K-Bank and Kakao Bank time deposits is 1.6%.)
In order to receive a 2% interest rate from other banks, several conditions must be met. In many cases, it is possible only in a tied savings account, not in a deposit and withdrawal account.
Toss Bank allows deposits and savings accounts to be made simultaneously in one passbook. This is really innovative.
Toss Bank Credit Loan
Recently, attention is focused on Toss Bank products in a situation where loans are regulated. In general, the credit loan limit is limited based on 100% of annual income, but Toss Bank plans to offer a maximum of 270 million won and a minimum interest rate of 2.76%.
Through the business plan, Toss Bank has set a target of 469.3 billion won in credit loans by the end of 2021. The proportion of medium- and low-credit users is 34.9%, or 163.7 billion won.
The capital is not high, so I think the loan will close soon.
toss check card
The check card to be launched by Toss Bank will provide up to 46,500 won cashback in convenience stores, cafes, fast food, taxis, and public transportation fields without any previous month’s performance.
All ATMs provide free deposit and withdrawal fees, and near field communication (NFC) makes payment and authentication more convenient.
Toss Bank Jeonse Loan
Non-face-to-face Jeonse loan loans are scheduled to begin in 2022. A negative bankbook with a limit of 150 million won and an emergency loan with a limit of 3 million won will also be released.
How to install toss bank
So far we have looked at the benefits. Everyone seems to want to open an account quickly. To join Toss Bank, you must apply in advance. The number of pre-orders exceeded 1.16 million.
I applied in advance last month. The current waiting number is 475,686. Currently, loan regulations are getting tighter, so if you need a loan, it would be better to hurry.
In order for Toss Bank to conduct loan business smoothly, it is necessary to secure sufficient capital. Currently, it is maintained at the level of 250 billion won and aims to reach 1 trillion won by 2025.
toss listing
Toss is scheduled to be listed as Viva Republica. No specific plans have been revealed yet. You can buy unlisted stocks in advance. We recommend that you use Securities Plus unlisted.
As Internet banks emerge one by one, they are showing different innovations from existing banks. I think the number of going to offline banks will decrease in the future.