Shinhan Bank

Introduction

Maximize Account is an automated solution that optimizes high monthly returns on idle cash flow within SOHO MMDA demand accounts, without interrupting day by day transaction needs.

With just one activation, the system will automatically identify the balance amount exceeding your registered threshold and convert it into an optimized mode to earn interest, so your money works more efficiently while remaining readily available whenever you need it.

Eligible customers

Merchants, Households and Private enterprises open new/has SOHO MMDA demand account

How it works

Step 1: Select Your Registered Threshold
Customers select one of the following threshold levels: VND 10 million/30 million/50 million/100 million.

Step 2: Automated Daily Processing

- 06:00: Automatically converts the portion of your balance exceeding the threshold into the optimized mode to earn interest.

- 14:00: Automatically tops up the balance to maintain the registered threshold

- The optimized funds 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.

Interest rates & Registration Thresholds (*)

Registration Threshold (VND)	Interest Rate
10 million	2,6% p.a
30 million	2,7% p.a
50 million	2,8% p.a
100 million	3,0% p.a

(*) Interest rates rate annualized on a 365-day basis and may be adjusted according to the Bank’s prevailing policies

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.

Benefits

Automatic conversion – Idle funds are always optimized: One-time registration enables daily automated operation, ensuring idle funds are optimized at the right time without manual actions

Seamless transactions – Flexible access whenever needed: Customers can use their entire available balance at any time, even while the account is in optimized mode

Smart withdrawals – Maximize interest efficiency: When withdrawals are needed, the system prioritizes the most recent optimized amounts first, allowing longer-held amounts to continue earning interest

Centralized management – Easy to monitor and control: All optimized amounts are consolidated into a single balance within the Smart Conversion Account, providing a clear interface for easy tracking and management

User guide

Please click here to find out more.

Terms and Conditions apply