What is Par/King/Tong/Jang/Lee/?
● Refers to a frequent deposit and withdrawal account.
These days, many people are interested in recommending a parking passbook. In life, there may be situations in which you have to break the deposit, because if you use the parking passbook, you can freely deposit and withdraw money and receive interest every day.
Good products boast interest rates between 1-2% per annum, so there are many advantages. Today, let’s compare Toss and Cider Bank products.
Toss Bank parking passbook?
2% per annum up to 100 million 사이다뱅크 파킹통장
Up to 100 million won is available up to 2% per annum before tax, and it is characterized by free deposits and withdrawals and no maturity conditions. In particular, for free ATM withdrawals anywhere, the rate is 0.1% per year for amounts exceeding 100 million won.
Features of Toss Bank parking passbook
●Completely free of all fees. 이베이스매뉴얼
There are no fees for wire transfers or certificate ATM deposits and withdrawals. In addition, you can easily transfer money without an OTP device as long as you have a Toss Bank card.
-There are no deposit, transfer, or withdrawal fees at our bank or other bank automatic transfer fees, convenience stores, and all bank ATMs.
There is no dedicated check card for parking-bankbook, but only a linked TOSS BANK card is available.
Toss Bank parking passbook subscription target
●Available for individuals 17 years of age or older.
It is an ordinary deposit and there is no limit on the amount of savings or period. It is impossible to transfer or provide collateral, and tax-free comprehensive savings is also not possible.
It’s good because it pays all interest even if you wake up in the middle.
What is the Toss Bank parking passbook interest rate?
2% per annum before tax for less than 100 million won
In the case of the base rate, it is currently 2% based on 100 million won or less, but it may change depending on market conditions in the future, and the Fed and the Bank of Korea are also showing interest rate hikes, so it may rise further in the future.
If possible, it is recommended to put less than 100 million won and freely use it as a deposit and withdrawal method. In the case of interest payment, the settlement is based on the third Friday of every month and interest is paid on Saturday.
Because the settlement date is that day, the interest calculated by calculating the final balance of the day corresponding to the ‘amount period’ * the applied interest rate for each amount period / 365 is not the interest for the period, but the interest is paid.
What is the Cider Bank parking passbook?
●Annual 1.2% deposit and withdrawal from bankbook
Unlike the TOSS Bank mentioned earlier, the interest rate of 1.2% per annum before tax is limited to 100 million won, which is rather low. The advantage is that it is free for all fees with no conditions.
Only Koreans aged 17 years or older who have a resident registration card or driver’s license are eligible to join.
What are the characteristics of the cider bank parking passbook?
●Available 24 hours a day.
The fact that the fee is free is an advantage, but you can issue certificates, open an account, and transfer money without visiting a sales office.
It is available 24 hours a day, 365 days a year, and because it has an ‘Account Hide’ function, it cannot be viewed even in the consolidated account of the Korea Financial Telecommunications & Clearings Institute.
Cider bank account is used by many people after opening as a living expenses and consumption account.
What is the Cider Bank parking passbook interest rate?
1.2% per annum for less than 100 million won
0.2% per annum for over 100 million won. It is important to note that each day’s final deposit balance varies depending on the interval.
In terms of interest rate, it is lower than TOSS, but if the amount exceeds 100 million, TOSS is 0.1%, so cider bank is more advantageous.
check card?
● Utilize Cider Bank PAY Bag Check Card 2.
The interest rate may be lower than TOSS, but the benefit of a check card that can receive a cashback discount without performance conditions is even better.
As a basic discount, you can receive a basic 0.2% cash back discount at all affiliated stores, and you can receive up to 1.0% cash back when paying with Naver Pay, Kakao Pay, or Payco.
Nationwide CD and ATM withdrawal fees are free, and you can use Samsung Pay or QR code conveniently.
How to build your own portfolio
So far, we have learned about the parking-bankbook.
However, rather than subscribing to one of these financial products,
What’s more important is that you have your own financial plan.
Do you know everything?
Make a basic job, Pla
In the plan, pensions, funds, stocks, ETFs, savings accounts, etc.
Plan according to the required time and target rate of return
I recommend that you try weaving.
① First, set a target fund.
(Marriage funds, housing acquisition funds, start-up funds, retirement preparations, etc.)
② Decide when to use the necessary funds.
③ The expected profit will vary depending on the required time.
④ Diversify investment in financial products according to expected returns.
⑤ Consider short-term, medium-term and long-term.
⑥ Save tax with non-taxation, income deduction, and tax credit.
⑦ Spending by splitting the bankbook and increasing savings.
⑧ Reduce unnecessary expenses through insurance policy analysis.
⑨ We carry out asset allocation rebalancing every year.
go through this process
Build your own financial portfolio.
This may take some time. (Portfolio Optimization)
Until when simply deposits, deposits, etc.
You can’t repeat signing up and canceling.
If you find it difficult to do it yourself
The first step is to seek professional help.
I think that’s a good way.
In <Korea Financial Management Center>
For the purpose of word-of-mouth marketing, “Free Financial Consultation Event”
is in progress.
Get a free consultation only
Your own optimized financial portfolio
You can receive it.
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