Saturday, July 10, 2021

Digital Banking: Line Bank - KEB Hana Bank

I have opened new bank account on Line Bank last day of the last month. Previously, I have seen their cute debit card design from one of my friend’s IG story. Yet I have not been interested before.

One day, I did not remember why, I decided to register and opened the bank account. I appreciate their seamless process. The video call verification was in queue, but I was totally fine. I would like to say the user experience is quite genius for letting me know my queue number. I somewhat could monitor my progress. Besides, I thought that they have standard SLA for completing the process under 1 minute. Super fast.

The best part of it is I can open time deposit with “small” amount (IDR 1 billion), with a competitive 4.5% interest rate. I can easily manage It on my own. In addition, I somehow get motivated since I can set the time deposit like milestones. Everytime I get IDR 1 billion revenue from my side hustle, I put it on the time deposit. Like a series of bonds, I set a certain code convention—please don’t mind my consultant approach on some things in my life hahaha.

https://drive.google.com/uc?export=view&id=1evEMAAvZLx-daFoTreCo2rrYaD5TXQu1

P.S. I actually missed one of great promo they offer. It is to put minimum IDR 500.000 into the balance on the first 7 days of calendar after you open the account. Keep the balance there in order to get IDR 150.000 cashback. I am too eager to put the money on the time deposit. It’s okay, that’s not my piece of cake. Cheer up myself.

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