Saturday, November 7, 2026
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Finance · 3 sources combined

Child Allowance Account Launched
Up to 3.1% Annual Interest Rate

D-54 Deadline December 31 · Account opening and event enrollment by end of year
Photo: 연합뉴스

In short

KB Kookmin Bank has launched a savings account for customers receiving child allowance.

The base rate is low, but you can earn up to 3.1% annually if you meet conditions.

The preferential rate applies only to deposits up to 1 million won.

Visitor info

How to OpenOpen at KB Kookmin Bank branches or through KB Star Banking mobile app; existing transaction accounts can also be converted.
Preferential ConditionsChild allowance receipt 2.0%p, welcome bonus (no deposits for 6 months) 0.6%p, card payment linkage 0.4%p.
EventCustomers who open and enroll by December 31, 2026 receive 5,000 won in Coupang Eats vouchers or Naver Pay points.

Key facts

WhenKB Kookmin Bank launched the 'KB Child Allowance Account' on November 6, 2026.
WhoCustomers receiving child allowance are eligible to open this account.
WhatIt is a money market account with a base rate of 0.1% annually, offering up to 3.1% interest when conditions are met.
HowAdditional preferential rates are earned through child allowance deposits, welcome bonus conditions, and card payment linkage, applied up to 1 million won.

What it means for me

Families receiving child allowance can earn preferential interest rates on small deposits for a certain period.

Dual-income families with children can earn additional preferential rates through card payment linkage.