In an era of countless financial options and a quest for user-friendly services, SBI Savings Bank emerges with its groundbreaking platform: “Cider Bank.” Since its launch in June 2019, this life-friendly financial approach has captured the attention of 1.6 million subscribers by February 2025. According to 매일경제, the platform offers a seamless, secure, and enjoyable banking experience via several strategic renewals.

An Innovative Approach to Deposits and Withdrawals

Cider Bank’s hallmark feature is the convenient deposit and withdrawal account, which permits users to enjoy an annual interest rate for amounts up to 100 million won. Customers can effortlessly transfer and withdraw funds without the usual banking conditions. This freedom allows higher interest benefits compared to standard commercial banks, making saving an attractive venture.

Blending Savings with Leisure: The Coffee Savings Product

Recognizing the joy of saving, Cider Bank introduced the ‘Cider Bank Coffee Savings’ product, which is tailored to daily enjoyments and savings. Subscribers paying at least 100,000 won monthly are rewarded not only with interest but also with two coffee coupons each month. The product’s design reflects a life-friendly ethos, adding a touch of delight to saving practices.

Expanding Accessibility and Convenience

SBI Savings Bank has distilled various credit loan products into five straightforward options to ease customer access. Among these products, the “SBI Credit Loan” combines offerings targeted at customers with middle and low credit, presenting promising loan opportunities. This refinement has significantly improved user experience, expanding channels from traditional websites to modern bank apps.

Cutting-edge Financial Safety Mechanisms

To safeguard its customers, Cider Bank has employed futuristic technologies to combat financial fraud. Innovative solutions such as the “FakeFinder” voice phishing app prevent fraudulent activities while secure self-identification services protect individual identities. These precautions are testament to Cider Bank’s commitment to providing a safe financial environment.

Inclusive Services: Lending a Hand to the Vulnerable

SBI Savings Bank’s compassion extends to the financially vulnerable sectors. By offering dedicated services like sign language counseling for customers with hearing or language disabilities, the bank has pioneered an inclusive approach to financial services, substantially enhancing client satisfaction and trust.

The advancements led by SBI Savings Bank through Cider Bank signify a leap in financial innovation, where saving is both practical and pleasurable. As interest rate adjustments and unique perks like the coffee coupons continue to attract new customers, Cider Bank stands as a beacon of modern banking excellence, offering convenience that aligns with everyday living.