Welcome Savings Bank: Your Premier Digital Banking Partner

Welcome Savings Bank leads the digital banking sector, boasting the highest cumulative app downloads and users among savings banks (data from App Annie, December 31, 2023). We offer a comprehensive suite of financial services, including deposits, cards, loans, credit management, and lifestyle benefits.

Exclusive Features and Benefits:

• Wellbang 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.
• Welcome My Data: Manage your assets and liabilities effectively. Our platform helps identify potential debt consolidation opportunities and participation in interest reduction programs (estimated nationwide savings: ₩8,334.98 million as of March 14, 2024). Monitor your credit health with our "credit weather" feature.
• Effortless Account Opening: Open an account anytime, anywhere, 24/7, without needing a public certificate—just a pattern or fingerprint, plus a 6-digit code. Special accounts and benefits are available for specific customer segments (payers, office workers, business owners).
• Wellbang Lounge Exclusive Rewards: Enjoy unique perks:
  • Wellbang Walking: Earn up to ₩100/day (₩3,000/month) in rewards for loan customers, and up to ₩40/day (₩1,240/month) for receiving customers.
  • Wellbang Lotto: Win prizes by guessing 6 numbers (0-9).
  • Wellbang Odd or Even: Weekly prize money opportunities.
• Convenient Financial Services: Seamless transfers (drag-and-drop functionality), comprehensive asset tracking, car price lookup (by license plate), automated bill payments, and free credit management (without impacting your credit score).
• Robust Security: We adhere to the Financial Supervisory Service's guidelines for electronic financial fraud prevention, employing PC designation, 2-channel authentication, and one-time authentication numbers.

Product Details:

• Wellbang Walking Savings:
  • Target: Individual customers.
  • Term: 12 months.
  • Minimum/Maximum Monthly Deposit: ₩10,000 - ₩200,000.
  • Interest Payment: Lump sum at maturity.
  • Interest Rate: 1.0% APR + preferential rate (up to 9.0% APR). Preferential rate conditions detailed below.
  • Preferential Rate Conditions:
    • Step Count Bonus: 1 million steps (1.0%p), 2 million (2.0%p), 3 million (3.0%p), 4 million+ (8.0%p).
    • Automatic Transfer Bonus (at least 6 times): 1.0%p.
• WELCOME First Transaction Savings:
  • Target: Individual customers.
  • Term: 12 months.
  • Minimum/Maximum Monthly Deposit: ₩10,000 - ₩200,000.
  • Subscription Condition: 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 detailed below.
  • Preferential Rate Conditions:
    • Automatic Transfer Bonus (at least 8 times): 1.8%p APR.
    • Average Balance Bonus (₩500,000 or more): 1.5%p APR.

Important Notes:

Deposits are protected up to ₩50 million per person (combined with other protected products) under the Depositor Protection Act. Interest rates are subject to change; please refer to our website or app for the latest rates.

Customer Service:

• Loans: 1661-0001 (Weekdays 8:30 AM - 6:00 PM)
• Deposits/Withdrawals: 1661-9400 (Weekdays 9:00 AM - 6:00 PM)
• General Inquiries: 1661-9300 (Weekdays 9:00 AM - 6:00 PM)
• Financial Fraud Reporting (Night Call Center): 02-397-8600/8800

App Permissions: See app for details on required and optional permissions.

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

This revised text maintains the original information while improving readability and flow. It also organizes the information more logically for easier comprehension.