웰컴디지털뱅크(웰컴저축은행)

Welcome Savings Bank: Your Digital Banking Solution

Welcome Savings Bank is the #1 digital banking savings bank in South Korea, boasting the highest cumulative app downloads and users in the sector (as of December 31, 2023, based on App Annie data). We offer a comprehensive suite of financial services, including deposits, cards, loans, and credit management tools, all designed for your convenience.

Unique Features & Benefits:

• Well-Bang Walking Savings: Earn interest (up to 10% APR) simply by walking! Interest rates are tiered based on your step count within the subscription period.
• WELCOME First Transaction Incentive: Enjoy a preferential interest rate (up to 7% APR) on your first transaction for 30 days after account opening.
• Welcome My Data: Manage your assets and liabilities effectively. Our platform helps identify potential debt consolidation opportunities and participation in interest reduction programs (total estimated savings from nationwide interest reduction project: KRW 8,334.98 million as of March 14, 2024). We also provide credit score monitoring ("Credit Weather") for better financial health.
• Easy Account Opening: Open an account anytime, anywhere, 24/7, without needing a public certificate. Simply use pattern or fingerprint authentication and a 6-digit code. Dedicated account options are available for payers, office workers, and business owners with special benefits.
• Well-Bang Lounge Exclusive Rewards: Enjoy daily and monthly rewards for walking, as well as lottery and odds/even games.
• Convenient Financial Services: Streamlined funds transfers, comprehensive asset tracking, car price checks via license plate number, automated bill payments, and free credit management.
• Robust Fraud Prevention: We employ industry-leading security measures, including PC designation, 2-channel authentication, and one-time authentication numbers, adhering to Financial Supervisory Service guidelines.

Product Details:

• Well-Bang Working Savings:
  • Target: Individual customers
  • Term: 12 months
  • Minimum Monthly Deposit: KRW 10,000; Maximum: KRW 200,000
  • Interest Payment: Lump sum at maturity
  • Interest Rate: 1.0% APR + preferential rate (up to 9.0% APR)
  • Preferential Rate Conditions: Achieve step goals (8.0% APR potential) or make at least 6 automatic transfers (1.0% APR).
• WELCOME First Transaction Preferential Term Savings:
  • Target: Individual customers
  • Term: 12 months
  • Minimum Monthly Deposit: KRW 10,000; Maximum: KRW 200,000
  • Subscription Conditions: Within 30 days of account opening
  • Interest Payment: Lump sum at maturity
  • Interest Rate: 3.7% APR + preferential rate (up to 3.3% APR)
  • Preferential Rate Conditions: At least 8 automatic transfers (1.8% APR potential) or maintain an average balance of KRW 500,000 or more (1.5% APR potential).

Important Information:

• Deposits are protected up to KRW 50 million per person under the Depositor Protection Act.
• Interest rates are subject to change. Please check our website or app for the latest rates.
• For customer service, please contact us at the numbers provided.

App Permissions:

The app requires access to storage, phone, and app activity for security and functionality. Optional permissions include contacts, camera, photos/videos, and notifications.

Version 3.4.9 (October 22, 2024): App performance improvements and stability enhancements.

Welcome Savings Bank Co., Ltd. CEO: Daewoong Kim Business Registration Number: 120-87-93876