SBI Sumishin Net Bank Launches Summer Special Interest Rate Campaign at 1.20% p.a. - Rebranding to 'docomo SMTB Net Bank' in August
Key facts
- SBI Sumishin Net Bank Launches Summer Special Interest Rate Campaign at 1.20% p.a. - Rebranding to 'docomo SMTB Net Bank' in August
- SBI Sumishin Net Bank will launch a 'Summer Special Interest Rate Campaign' for 1-year Yen time deposits starting June 3, 2026. The campaign offers a highly competitive rate of 1.20% p.a. (pre-tax) for individual customers until August 30. During the campaign, the bank is scheduled to change its name to 'docomo SMTB Net Bank' on August 3, signaling a strategic push ahead of the brand transition.
- Source: PR Times
- Date: June 2, 2026
Direct answer
SBI Sumishin Net Bank will launch a 'Summer Special Interest Rate Campaign' for 1-year Yen time deposits starting June 3, 2026. The campaign offers a highly competitive rate of 1.20% p.a. (pre-tax) for individual customers until August 30. During the campaign, the bank is scheduled to change its name to 'docomo SMTB Net Bank' on August 3, signaling a strategic push ahead of the brand transition.
- Citation
- SBI Sumishin Net Bank Launches Summer Special Interest Rate Campaign at 1.20% p.a. - Rebranding to 'docomo SMTB Net Bank' in August (June 2, 2026), PR Times
- Source
- PR Times
- Date
- June 2, 2026
SBI Sumishin Net Bank will launch a 'Summer Special Interest Rate Campaign' for 1-year Yen time deposits starting June 3, 2026. The campaign offers a highly competitive rate of 1.20% p.a. (pre-tax) for individual customers until August 30. During the campaign, the bank is scheduled to change its name to 'docomo SMTB Net Bank' on August 3, signaling a strategic push ahead of the brand transition.
📋 Article Processing Timeline
- 📰 Published: June 2, 2026 at 19:36
- 🔍 Collected: June 2, 2026 at 10:50
- 🤖 AI Analyzed: June 2, 2026 at 11:08 (17 min after Collected)
## SBI Sumishin Net Bank Announces 1.20% Interest Rate for Summer Campaign
SBI Sumishin Net Bank, Ltd. (Headquarters: Minato-ku, Tokyo; CEO: Noriaki Maruyama) has announced the commencement of its 'Summer Special Interest Rate Campaign' for Yen time deposits, starting Wednesday, June 3, 2026. In this campaign, the bank will offer a special interest rate of 1.20% p.a. (pre-tax) for 1-year Yen time deposits, providing a highly competitive option for individual investors in the current market environment.
### Campaign Details
- **Period**: From Wednesday, June 3, 2026, to Sunday, August 30, 2026 (for completed deposits).
- **Eligibility**: Individual customers with an account at the bank (Corporate customers are excluded).
- **Applicable Rate**: 1.20% p.a. pre-tax for 1-year Yen time deposits. The post-tax rate is approximately 0.95% p.a.
### Terms and Protection
Customers must specify a term of '1 year' at the time of deposit to qualify for the special rate. The bank noted that the campaign may end earlier than scheduled if the total deposit volume reaches a predetermined threshold. Deposits under this campaign are covered by the Deposit Insurance System, protecting the principal up to 10 million yen plus interest. Please note that in the case of early withdrawal before maturity, the special rate will not apply, and the bank's standard early withdrawal rate will be used instead.
### Rebranding to 'docomo SMTB Net Bank'
The bank is scheduled to change its corporate name to 'docomo SMTB Net Bank' on Monday, August 3, 2026, which falls within the campaign period. The bank confirmed that this rebranding will not affect the campaign. This high-interest offering is seen as a strategic move to accelerate fund acquisition and reward existing customers ahead of the transition to the new brand.
SBI Sumishin Net Bank continues to aim for the transformation of financial services through cutting-edge technology to make society more comfortable and convenient.
SBI Sumishin Net Bank, Ltd. (Headquarters: Minato-ku, Tokyo; CEO: Noriaki Maruyama) has announced the commencement of its 'Summer Special Interest Rate Campaign' for Yen time deposits, starting Wednesday, June 3, 2026. In this campaign, the bank will offer a special interest rate of 1.20% p.a. (pre-tax) for 1-year Yen time deposits, providing a highly competitive option for individual investors in the current market environment.
### Campaign Details
- **Period**: From Wednesday, June 3, 2026, to Sunday, August 30, 2026 (for completed deposits).
- **Eligibility**: Individual customers with an account at the bank (Corporate customers are excluded).
- **Applicable Rate**: 1.20% p.a. pre-tax for 1-year Yen time deposits. The post-tax rate is approximately 0.95% p.a.
### Terms and Protection
Customers must specify a term of '1 year' at the time of deposit to qualify for the special rate. The bank noted that the campaign may end earlier than scheduled if the total deposit volume reaches a predetermined threshold. Deposits under this campaign are covered by the Deposit Insurance System, protecting the principal up to 10 million yen plus interest. Please note that in the case of early withdrawal before maturity, the special rate will not apply, and the bank's standard early withdrawal rate will be used instead.
### Rebranding to 'docomo SMTB Net Bank'
The bank is scheduled to change its corporate name to 'docomo SMTB Net Bank' on Monday, August 3, 2026, which falls within the campaign period. The bank confirmed that this rebranding will not affect the campaign. This high-interest offering is seen as a strategic move to accelerate fund acquisition and reward existing customers ahead of the transition to the new brand.
SBI Sumishin Net Bank continues to aim for the transformation of financial services through cutting-edge technology to make society more comfortable and convenient.
FAQ
When does the SBI Sumishin Summer Campaign end?
It is valid for deposits made between June 3 and August 30, 2026. However, it may end earlier if the total deposit amount reaches a certain limit.
Will my account number change after the rebranding?
The announcement states the rebranding to 'docomo SMTB Net Bank' on August 3 will not affect this campaign. For account details, checking the official site is advised.
How much interest will I earn on a 1 million yen deposit?
With a 1.20% pre-tax rate (approx. 0.956% after-tax), you would earn about 9,560 yen in interest after one year.