Jerome Powell made a remark in the United States the other day.It is said that the pace of the base rate hike could be adjusted in December, suggesting that the FOMC in December could reduce the pace of big steps for interest rates that had been raised for the fourth consecutive time.
South Korea has also continued to raise interest rates due to the continued U.S. rate hike, but there are not many opportunities to raise them again in the future.
Even financial authorities may not be able to find high-interest products for the time being as news spread one after another that commercial banks have put a brake on the increase in deposits or installment savings.For a while, high-interest deposits and installment savings products have been pouring in like a flood, but if they are subject to these restrictions, what will happen to their parking accounts?It is an article of interest rate comparison in parking accounts that I quickly check because I began to think that.
1. What is a parking account?
meaning of a parking account
A parking account refers to a bank account in which money can be parked in a bank account as if parking a car and withdrawn at any time, and the difference from a regular bank account is that it gives relatively high interest even if you leave it for one day.
advantages of a parking account
Compared to general deposits or installment savings accounts, parking accounts can be applied by a set interest rate if you put them in your parking account as much as you can without tying up your money.
2. Parking bankbook interest rate comparison
There are various types of parking accounts, and the list summarized through interest rate comparison in parking accounts is as follows.
The trap is that K-Bank and Kakao Bank Toss Bank, which are generally well known, seem relatively low compared to savings banks that offer high interest rates.However, products from savings banks have several preferential interest rate conditions that must be met in order to be fully recognized for the low maximum interest rate, so we looked at only a few on a high basis.
Welcome Savings Bank: Office Worker Love Ordinary Deposit
The basic interest rate for office workers’ love deposits is 2.3%.On top of that, you can receive a total of 3.8% interest rate by receiving a total of 1.5% at preferential interest rates, but most of you can see that you can receive 3.8% interest rate because preferential conditions are not strict.
1) If there is a record of salary transfer of more than 1 million won.
2) In the case where there is more than one CMS or automatic payment by consolidating this month’s deposit,
3) If you agree to use personal information collection and membership registration for the month,
Welcome Savings Bank: Welcome Plus Ordinary Deposit
Similarly, it is a deposit product of Welcome Savings Bank, and the basic interest rate is 2.3%, and up to 3.6%, if you receive preferential treatment.
The difference from the above office worker’s deposit is that it is not difficult to receive preferential treatment because you can use more than 100,000 won in check card usage instead of salary transfer conditions.
Hana Savings Bank: High Hana Ordinary Deposit
The limit of ordinary deposits is up to 50 million won, and the maximum interest that can be received is 3.8%.Of course, as above, the basic interest rate is 2.8%, and several preferential conditions must be met.
To receive preferential interest rates of up to 1%,
1) 0.3% of all agreements, including the collection and use of personal information.
2) 0.2~0.6% of the account according to the balance section at the end of each month
3) If you use an account without a paper bankbook, you need to meet 0.1%.
In other words, 3.8% of interest rates can be used if you agree to provide information, put more than 2 million won in your bank account at the end of each month, and use an account without a paper bankbook.
Acuon Savings Bank: Money Split
Money-breaking products from Acuon Savings Bank boast the highest interest rate among parking accounts announced in December.This is because they can receive an annual interest rate of 4 percent.
The difference from the bankbook introduced above at a relatively high interest rate is that the maximum limit is 20 million won, and the basic interest rate of 4% is unconditionally applied without a separate preferential interest rate.
Assuming that the maximum limit of 20 million won is put in for one year and you receive 4% interest, a total of 800,000 won will be charged, and you can receive 676,800 won after taxation.If it is not more than 20 million won, it seems to be quite a salty condition.
However, it is recommended to minimize risks by checking the BIS ratio before signing up for products through savings banks.Information related to this has been covered in detail in the above article, so it would be good to refer to it.
In any case, after a few years, “Oh, my God!At that time, I suddenly think that there may be a day when I say, “There were that much interest rate products!”I hope you can use it well when you have a chance.