[DigitalToday reporter Lee Ji-young (이지영)] KB Kookmin Bank introduced a savings product that offers an interest rate of up to 12.0 percent a year if customers meet conditions tied to KB Kookmin Card usage and bank transactions.

KB Kookmin Bank said on Aug. 21 it launched 'KB Card Sseudam Savings' with KB Kookmin Card.

KB Card Sseudam Savings is a six-month product that links card usage and saving. Customers can deposit freely each month from 10,000 won to 300,000 won. It will sell 100,000 accounts on a first-come, first-served basis.

The base interest rate is 2.0 percent a year before tax as of Aug. 21. If customers meet all preferential-rate conditions, the rate can be applied up to 12.0 percent a year.

The preferential rate totals up to 10.0 percentage points, including 6.0 percentage points a year for meeting credit card usage requirements, 2.0 percentage points a year for meeting an average account balance condition and 2.0 percentage points a year for meeting a first salary-transaction condition.

A KB Kookmin Bank official said, "As it is sold on a first-come, first-served basis limited to a total of 100,000 accounts, we ask for many customers' interest and sign-ups."