SBI Shinsei Bank Announces Interest Rate Hike for Yen Time Deposits for New Account Holders

SBI Shinsei Bank (Head Office: Chuo-ku, Tokyo; Representative Director and President: Katsuya Kawashima; hereinafter "the Bank") will raise the interest rate for its 1-year "Startup Yen Time Deposit," exclusively for new account holders, from 0.85% per annum (0.6773% after tax) to 1.30% per annum (1.0359% after tax), effective May 1, 2026 (Friday).

Domestic market interest rates have been on an upward trend in recent years due to rising prices and gradual interest rate hikes by the Bank of Japan. To ensure that new bank account holders also benefit from this trend, the Bank will raise the 1-year interest rate for its "Yen Time Deposit" exclusively for new bank account holders to 1.30% per annum (1.0359% after tax).

Startup Yen Time Deposit for New Account Holders, 1-Year Term, Deposit Interest Rate

Term | After Change (from May 1, 2026) | Before Change ---|---|--- 1 Year | 1.30% per annum (1.0359% after tax) | 0.85% per annum (0.6773% after tax)

*The Startup Yen Time Deposit is a yen time deposit exclusively for customers who have newly opened a bank account (Internet: from 300,000 yen / Branch: from 5,000,000 yen). The application period is until the end of the third month, including the month of account opening.

Startup Yen Time Deposit for New Account Holders, 3-Month Term, Campaign Underway The Bank is currently running the "Startup Yen Time Deposit Special Interest Rate Campaign" (April 20 to June 30, 2026; Inquiry No.: 2609) targeting the 3-month Startup Yen Time Deposit.

By meeting the conditions of opening a new SBI Hyper Deposit*1 and making an entry, customers will receive a cash bonus equivalent to an additional interest rate of 1.0% per annum (0.7968% after tax) in addition to the regular interest rate of 1.0% per annum (0.7968% after tax) for the 3-month term (the maximum additional interest rate application is up to 5 million yen per person). This allows for deposits under favorable conditions equivalent to a total of 2.0%*2 per annum (Please check the details of the conditions at branches or on the website).

New account holders can flexibly utilize both the stable favorable interest rate of the 1-year term and the short-term favorable interest rate from the 3-month campaign, depending on their life plan (it is possible to apply for both).

SBI Shinsei Bank, with its listing on the Prime Market of the Tokyo Stock Exchange as a new starting point, will strive to further enhance corporate value and continue to provide innovative and attractive services to customers in collaboration with other SBI Group companies.

*1 SBI Hyper Deposit is covered by deposit insurance. The interest rate is a variable rate reviewed daily and may change. Please be sure to check the product description available at SBI Shinsei Bank branches or on its website before using this deposit.

*2 The maximum additional interest rate application is up to 5 million yen per person (including cases where multiple accounts are set up). The additional interest will be credited to the customer's PowerFlex Yen Ordinary Deposit account by the end of November 2026, separately from regular interest. This does not mean that the applicable interest rate for the Startup Yen Time Deposit (3-month term) will be 2.0% per annum (before tax). Also, the interest rates are as of April 20, 2026, and interest rate levels and campaign periods may change due to market conditions, etc.

◇ Check details of "SBI Hyper Deposit"

◇ Check details of "Startup Yen Time Deposit"

◇ Check details of "Startup Yen Time Deposit Special Interest Rate Campaign"

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