Welcome Savings Bank: Your Digital Banking Solution
Welcome Savings Bank leads the digital banking sector, boasting the highest cumulative app downloads and user base among savings banks (as of December 31, 2023, per App Annie). We offer a comprehensive suite of financial services, designed for ease of use and maximum convenience.
Key Features:
- Well-Bang Walking Savings: Earn interest (up to 10% APR) simply by walking! Interest rates are tiered based on your step count during the subscription period.
- WELCOME First Transaction Bonus: New customers enjoy a preferential interest rate (up to 7% APR) for 30 days on their initial deposit.
- Smart Asset Management: Utilize Welcome My Data to track debts, explore loan consolidation options, and monitor your credit health ("Credit Weather"). Our interest reduction project has already saved customers a total of KRW 8,334.98 million (as of March 14, 2024).
- Effortless Account Opening: Open an account anytime, anywhere, 24/7, without needing a public certificate—just your fingerprint or pattern and a 6-digit code. Tailored accounts are available for specific professions (payers, office workers, business owners) with exclusive benefits.
- Well-Bang Lounge Rewards: Exclusive benefits for Well-Bang users include daily and monthly rewards for walking, a lottery game ("Well Bang Lotto"), and a weekly odds-based game ("Well Bang Odd or Even"). Loan customers receive higher rewards.
- Streamlined Financial Services: Intuitive fund transfers, consolidated asset views, car price lookup by license plate, automatic bill payments, and free credit score checks are all readily available.
- Robust Security: We employ advanced security measures, including PC designation, 2-channel authentication, and one-time authentication numbers, aligned with the Financial Supervisory Service's guidelines.
Product Details:
- Well-Bang Walking Savings:
- Target: Individual customers
- Term: 12 months
- Deposit Amount: KRW 10,000 - 200,000 per month
- Interest Payment: Lump sum at maturity
- Interest Rate: 1.0% APR + preferential rate (up to 9.0% APR) based on step count (8.0% at 4 million+ steps) and automatic transfers (1.0% for 6+ transfers).
- WELCOME First Transaction Savings:
- Target: Individual customers
- Term: 12 months
- Deposit Amount: KRW 10,000 - 200,000 per month
- 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) based on automatic transfers (1.8% for 8+ transfers) and average balance (1.5% for KRW 500,000+).
Important Notes:
- Deposits are protected up to KRW 50 million per person (combined with other protected products) under the Depositor Protection Act.
- Interest rates are subject to change. Check the website or app for the most current rates.
Customer Service:
- Loan inquiries: 1661-0001 (Weekdays 8:30 AM - 6:00 PM)
- Deposit/Withdrawal inquiries: 1661-9400 (Weekdays 9:00 AM - 6:00 PM)
- General inquiries: 1661-9300 (Weekdays 9:00 AM - 6:00 PM)
- Financial fraud reporting: 02-397-8600/8800
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.
Company Information:
Welcome Savings Bank Co., Ltd. CEO: Daewoong Kim Business Registration Number: 120-87-93876
Version 3.4.9 (October 22, 2024): App performance improvements and stability enhancements.
