Shinhan Savings Bank is offering a recent regular savings account with a potential annual interest rate of up to 7%, contingent upon specific conditions. The offer is specifically targeted at customers who have not held a Shinhan Bank regular savings or fixed deposit account for the preceding six months.
The six-month restriction applies to the period from six months prior to the account opening date to the month before the opening date. This stipulation aims to attract new customers and incentivize those who have not recently utilized Shinhan Bank’s savings products.
Among the available options, the “Shinhan Ssolmate Savings” account is currently highlighted for its high interest rate. This account offers a base rate of 1.50% (as of January 12, 2023) for a 12-month term, with the potential to increase to a maximum of 7% through various incentives. The account is a free deposit type, allowing for flexible contributions and withdrawals, and is available to individual customers with a minimum deposit of 1,000 won and a maximum of 300,000 won per month.
Other savings options include the “Shinhan Ssolmanhae Savings” account, offering up to 5.5% interest, and the “Shinhan Hello, Nice to Meet You Savings” account, with a rate of 5.2%. These accounts likewise feature flexible contribution options and are designed for easy access.
Shinhan Bank, a leading domestic commercial bank, provides a range of financial products, including both won-denominated and foreign currency options. As of November 2025, the basic interest rate for Shinhan Bank’s regular fixed deposits was approximately 3% annually, potentially rising to 3.5-4% with the fulfillment of certain conditions. Foreign currency deposits, specifically USD-denominated 12-month deposits, offered interest rates exceeding 3.8% annually, presenting a potentially advantageous option for those considering dollar investments.
Customers interested in foreign currency options can also explore the “Foreign Exchange Change-Up Deposit,” which allows conversions across 21 different currencies. The bank emphasizes the convenience of its digital banking services, enabling 24/7 access to deposits and account management through the Shinhan SOL app.
Shinhan Savings Bank advises customers to verify the latest interest rates and terms directly with the bank at the time of account opening, as rates are subject to change. The bank also recommends using the most up-to-date web browsers for secure online banking, as support for Internet Explorer 11 has been discontinued due to security vulnerabilities.
