Automatic interest optimization
With a one-time registration, the system automatically converts idle funds into a suitable interest-earning mode, with no manual action required.
Introduction
Maximize Account is a smart solution that automatically optimizes the idle funds in your eligible Shinhan Demand Account (*) to earn higher returns, while keeping your money available for everyday banking transactions.
With a one-time registration, the system automatically optimizes the portion of your balance exceeding your registered threshold.
On the due date of your loan and/or credit card payment, if the balance in your Demand Account is insufficient, the system will automatically transfer the required amount from your Maximize Account to support the repayment. This allows you to earn more from your idle funds while staying on track with your payment obligations.
(*) Eligible Demand Account types that are not registered for an Overdraft Loan are listed below:
NO | PRODUCT NAME |
1 | Demand Deposit |
2 | U-Dream Demand Deposit |
3 | Payroll Account |
4 | PWM Account |
5 | 4E Student Account |
6 | S-Payroll Account |
7 | Online Demand Deposit Account |
8 | SOHO MMDA Account |
Eligible customers
Eligible customers include Vietnamese and Foreign Individuals, Household Businesses, and Private Enterprises that open a new or maintain an existing eligible Shinhan demand account.
How it works
Step 1: Select Your Registered Threshold
Customers select one of the following registered balance thresholds for their Demand Account: VND 10 million/30 million/50 million/100 million.
Step 2: Automatic Daily Processing
On Regular Business Days
- 08:30: The system automatically transfers the portion of the Demand Account balance exceeding the registered threshold to the Maximize Account to earn interest.
16:00: The system automatically transfers funds back to the Demand Account (if necessary) to maintain the registered balance threshold.
- Funds in the Maximize Account remain available for withdrawals, transfers, and payments at any time.
- Interest is recorded based on the actual number of days maintained within the monthly cycle
On Loan and/or Credit Card Repayment Due Dates
- 08:30: The system does not transfer any excess balance from your Demand Account to your Maximize Account. This helps retain funds in the Demand Account for the scheduled payment.
-16:00: If the balance in your Demand Account is insufficient to cover the loan and/or credit card payment due, the system will automatically transfer the required amount from the Maximize Account to the Demand Account to support the payment.
Note: The automatic payment support function is performed only once during the 16:00 processing window on the repayment due date. After this processing window, the system will not perform any additional checks or automatically transfer further funds from the Maximize Account to the Demand Account.
A. Interest rates & Registration Thresholds (*)
Term | Registration Threshold (VND) | Interest Rate |
1 month | 10 million | 4.1% p.a |
30 million | 4.2% p.a | |
50 million | 4.3% p.a | |
100 million | 4.5% p.a |
(*) Interest rates are annualized on a 365-day basis and may be adjusted according to the Bank's prevailing policies.
B. Maximum Optimized Balance (**)
Registration Threshold (VND) | Maximum Optimized Amount (VND) |
10 million | 100 million |
30 million | 200 million |
50 million | 300 million |
100 million | 500 million |
(**) Information may be adjusted according to the Bank’s prevailing policies.
Key Benefits
User guide
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Terms and Conditions apply
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