Written by 10:56 AM Economics

Woori Bank Launches “Npay Money Woori Account” with Up to 4% Annual Interest Rate

Woori Bank, in collaboration with Naver Pay (Npay), has launched the ‘Npay Money Woori Account’ offering an interest rate of up to 4.0% annually for a year, with a limit of 2 million won for the first 300,000 users. The newly introduced ‘Npay Money Woori Account’ is a dedicated account for storing Npay prepaid funds (Npay Money) and earning interest, optimized for digital financial services with easy account setup, high interest benefits, real-time payment integration, and points accumulation.

Accounts can be created by searching for ‘Npay Money Woori Account’ on Naver and following the sign-up link, or by clicking on the sign-up banner or money account icon in the Npay app.

To celebrate the launch, Woori Bank and Naver Pay are holding a joint event. New subscribers will receive Npay points worth 5,000 won, and an additional 5,000 points for payments over 50,000 won. The first 200,000 people also get the chance to join an Npay Woori savings plan with a 4.5% interest rate per annum, along with seven Starbucks Americano coupons for customers who continue the savings plan for six months.

Woori Bank is also organizing its own event, details of which can be accessed through the Woori WON Banking app under ‘Benefits ▷ Ongoing Events ▷ Too Good to Keep to Myself, Sharing Npay Woori Account.’

Park Yong-jin, Deputy General Manager of Woori Bank’s New Business Partnership Platform Department, stated that the Npay Money Woori Account integrates platform, payment, and savings functions into a digital-exclusive account, making financial services more convenient and beneficial in daily life. He further emphasized plans to enhance digital financial service competitiveness through ongoing platform collaborations.

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