Hana Bank said on Tuesday it has launched the Run Hana savings product, which is linked to running records.
The product offers a maximum annual interest rate of 6.0 percent before tax, including preferential rates. Customers can pay in 10,000 won to 300,000 won per month, and the contract term is 1 year.
Cumulative running distance is measured through the Hana OneQ MyData health asset management service, and interest is added based on records from 1.5 percent to a maximum of 2.5 percent per year. The top preferential rate of 2.5 percent per year applies when customers reach a cumulative 500 km or more.
Additional preferential rates are also available, including up to 1.0 percent per year depending on the issuance of a National Fitness 100 fitness certificate or the number of subscribers based on an invitation code, and 0.7 percent per year for customers who did not hold Hana Bank deposits or savings products in the year before the subscription date.
A Hana Bank official said, "Under the slogan 'Sports is Hana,' we plan to continue expanding a range of sports-linked products."