A smaller and more precious emergency fund from my small and precious salary
I don’t know when to use it and I am worried about what to use for my emergency savings (parking) account as it is small and precious to be tied to a savings account.
This guy’s interest rate just goes down every day! I didn’t know it was going up! ugh!! 국민은행 마이핏통장
If you want a product with a high interest rate, if the number of subscribers increases a bit, reduce it without fail…
Or if the conditions are a bit more difficult…
Reorganization of existing accounts and recently new ones (as of 2020.06.27)
Personally, Kakao Bank is the most convenient, so I will continue to use it even if the Safebox interest decreases.
I recently made a T-benefit passbook, but it doesn’t seem like a very convenient app. 이베이스매뉴얼
First of all, I tried to put up to 2 million won in the T-benefit account and put anything over it in KB My Fit, but this is possible from August..
I’m trying to make a new one, so I made a T-benefit account and can’t sign up for a while.
I didn’t make anything for the cider bank at 2%, so it suddenly decreased to 1.7%.
Still, it’s an amount you don’t use often, so if deposit/withdrawal is convenient
T gain passbook or KB My Fit passbook > Cider Bank > CMA or Kakao Bank.
In terms of interest rates, the Naver bankbook, which is affiliated with Mirae Asset Securities, has the best interest rate at 3% until the end of August.
The fact that it will be used for two months until August and that the GOLD rating is likely to be difficult after that
And most importantly, I was a bit concerned about the lack of depositor protection, so I dared to pass.
Of course, if Mirae Asset Securities does not go bankrupt, the possibility of principal loss is small.
It’s not an investment, and an emergency fund doesn’t want to cause a loss, so…!
If anyone knows a good emergency fund parking passbook, please share it~~~
financial institution
Goods
Annual interest rate (before tax)
limit
Remarks (conditions)
Kakao Bank
safe box
0.50%
10 million won
K bank
Dual K deposit and withdrawal account
0.70%
100 million won
After setting the amount to be left, when maintaining it for 1 month
Woori Financial
CMA Note
0.90%
doesn’t exist
Days 1-7: 0.90%
8th to 29th : 0.90%
30~59 days: 0.90%
60 to 89 days: 0.90%
90 to 179 days: 0.90%
180-269 days: 0.90%
270 to 364 days: 0.95%
365 days: 1.10%
e-plus CMA
0.65%
doesn’t exist
Days 1 to 179: 0.65%
180 days – 364 days: 0.75%
365 days: 0.95%
KDB Industrial Bank
T profit passbook
2.0%
2 million won
When maintaining SKT subscription line
Mirae Asset Daewoo
Naver bankbook
(CMA-RF type)
3.0%
1 million won
Depositor not protected (principal loss possible)
Apply without conditions until August 31, 2020
Up to KRW 1 million: 3.0% per annum
Over 1 million won ~ 10 million won: 1.0% per year
Exceeding KRW 10 million: 0.35% per annum
From September 1, 2020, differential application according to purchase performance
GOLD rating: 3.0% per annum (more than 100,000 won in the previous month)
SILVER grade: 1.0% per year (less than 100,000 won in the previous month)
cider bank
deposit and withdrawal account
1.7%
doesn’t exist
Kookmin bank
KB My Fit Account
1.5%
2 million won
When converting an existing account, it can be used from August
In the product manual, it says that it will be changed to a Star*t bankbook.
I already have a Star*t bankbook, so regardless of my intentions… it was a pity that it was changed to a Myfit account ㅠㅠ
In the past, there was a time when my savings account was changed to a ONE account without my knowledge, so I was embarrassed… 🙁
Usually, it is my principle to properly research and use the account for a new account.
It went in an unexpected direction.
So today! Let’s think about how to make good use of the changed My Fit bankbook.
I downloaded the product manual from the Kookmin Bank website and studied it.
My Fit Account Introduction
1. The target audience is 18 to 38 years old. Unlike the Rockstar account, if you sign up for a new My Fit account during this period, your account will be maintained even if you get older! And it’s one account per person.
2. Deposits and withdrawals are free, and there are no restrictions on the subscription amount or period.
3. The interest settlement date is the second Friday of February, May, August, and November. After settlement is complete, interest is paid the next day!
4. The basic interest rate is 0.1%, and the emergency fund interest rate is 1.5%!
The emergency fund rate will be introduced again below.
5. Also, as you can see in most bankbooks, there is a fee waiver.
Kookmin Bank ATM overtime withdrawals, other bank ATM withdrawals, electronic financial transfers, and Kookmin Bank ATM transfer fees are exempted.
The period is from the 11th of the current month to the 10th of the next month, and the exemption benefits change on a monthly basis.
However, there are exemption conditions. ① In case of payment by Kookmin Card (credit, check, BC) during the previous month (including cash service) ② Deposit of KRW 500,000 or more per case that meets the conditions for emergency interest rate performance
* In my personal opinion, I rarely carry a bankbook these days… Other than the electronic financial transfer fee, it doesn’t really make much sense to me. Of course, there are many easy ways to get discounts on e-finance transfer fees, so I don’t think the fee waiver is the deciding factor for this product!
What is special about My Fit Bankbook?
The unique feature of My Fit Bankbook!
It can be divided into basic expenses / living expenses / emergency funds.
The amount can be moved freely within the three items, and if you do not want to use living expenses/emergency funds, you can set it to OFF!
① Basic fee: All deposits and withdrawals are freely traded
② Living expenses: Planned consumption management by setting aside money to be used with KB check card
– Payment of the approved amount by debit card is possible only within the balance of living expenses!
– Withdrawals such as automatic debit, including cash card function and deferred payment transportation card function, are withdrawn from basic expenses.
③ Emergency fund: Keep money for emergency (up to 2 million won)
– For the amount classified as an emergency fund, all withdrawals such as cash withdrawal, remittance, automatic transfer, and credit card payment are not allowed, and you can withdraw money only by moving the amount!
Now the most important interest!
Interest is applied differently to basic/living expenses and emergency funds!
First of all, basic and living expenses are paid 0.1% of the average 3 month balance for 3 months, just like any general bankbook. However, in the case of an emergency fund, an interest rate of 1.5% is applied based on the daily balance just like CMA!
(If, like me, you have created a MyFit bankbook through bankbook conversion, the emergency fund preferential rate will be applied from the day after the interest settlement date! I was converted on January 1st, so it will be applied from the second Saturday of February!)
Since the emergency fund interest rate is a preferential interest rate, there are separate requirements that must be met.
The mission is successful if you satisfy at least one of the two months in the three months as of the month before the interest payment month!
However, in the case of ① and ②, transfers from Kookmin Bank’s own account are not accepted!
① On the designated day of registration (possible one business day before or after), deposit of KRW 500,000 or more per deposit
* If the designated date is a holiday, the previous business day is the designated date
② Deposit of KRW 500,000 or more for each transaction that includes payroll text in the transaction details
* Salary, salaries, allowances, salaries, bonuses, bonuses, salaries, pensions, bonuses, bonuses. Deposit, salary, bonus, pay
③ Salary deposit of KRW 500,000 or more per case transferred through KB Kookmin Bank’s payroll transfer computer according to the payroll transfer contract (application)
How to use Kimshu’s bankbook
Actually, I don’t use Kookmin Card these days, so it doesn’t really mean much to divide it by living expenses.
So, rather than using it for the purpose suggested by My Fit Account,
I would like to create a purpose account for each item.
Before the conversion to My Fit account, the use of the Rockstar account was a congratulatory and condolence account.
I would like to use the basic expense item as a congratulatory and condolence account, living expenses as a purpose passbook (undecided) for clothing, health, or mission.. (Living expenses are determined by the clothing expenses account~)
In addition, the preferential rate applied to the emergency bankbook can be received from the interest settlement date in May.
From February 1st to April 30th, on a specific day of every month, 500,000 won will be transferred by automatic debit from another bank. The next day, it is returned to the original account again. Haha
I think it’s been a long time since I’ve posted an introduction to the bankbook.
I don’t know if it was delivered well.
If you have any questions, please feel free to ask in the comments!!
How do I sign up? Same questions are welcome.
Things to do before signing up for a product! Don’t forget to look at the product manual.