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SBI Sumishin Net Bank Launches Summer Special Interest Rate Campaign at 1.20% p.a. - Rebranding to 'docomo SMTB Net Bank' in August

NQ Score 87/100
N1 Content Completeness 9

AI Summary (NQ-processed)

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.

AI Analysis

Frequently Asked Questions

Q: When does the SBI Sumishin Summer Campaign end?
A: 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.
Q: Will my account number change after the rebranding?
A: 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.
Q: How much interest will I earn on a 1 million yen deposit?
A: With a 1.20% pre-tax rate (approx. 0.956% after-tax), you would earn about 9,560 yen in interest after one year.