SBI Hyper Deposit Surpasses 300 Billion Yen in Just One Month

SBI Shinsei Bank, headquartered in Chuo-ku, Tokyo, has announced a significant milestone for its new service, SBI Hyper Deposit. As of October 23, 2025, the deposit balance of SBI Hyper Deposit has officially exceeded 300 billion yen within just one month of its launch on September 23, 2025.

This impressive figure is attributed to the attractive interest rate offered by SBI Hyper Deposit, which stands at an annual rate of 0.42%, double that of standard yen deposits. After tax, the effective annual interest rate is approximately 0.3346%. This competitive offering, along with various appealing promotions, has captured the attention of consumers and investors alike, leading to rapid growth in the deposit balances.

The launch of the SBI Hyper Deposit service has not only facilitated increased deposits but has also resulted in a remarkable surge in the number of new bank accounts opened. Reports indicate that new account openings have nearly doubled compared to previous periods, showcasing a growing interest in this innovative banking solution. The resurgence of the Nikkei stock index—approaching the 50,000 mark—has also contributed to a vibrant stock market, fostering momentum for investment and thus propelling more customers to seek out SBI’s services.

In addition to attractive interest rates, the seamless integration with SBI Securities is a significant factor in the service’s appeal. Customers benefit from easy access to investment opportunities and can participate in a welcome program that offers incentives worth up to 22,000 yen, further encouraging engagement with the bank's services.

As of now, SBI Shinsei Bank is continuously rolling out compelling campaigns and promotions to cater to customer needs. The bank remains committed to its customer-centric philosophy, working closely with various SBI Group companies to enhance the convenience and usefulness of their product offerings.

SBI Shinsei Bank's dedication to integrating innovative banking solutions with customer demands highlights its position as a leader in the financial industry. Going forward, the bank plans to persist in its efforts to tap into new initiatives and provide services that prioritize customer convenience.

It's important to note that the interest rates for SBI Hyper Deposit are subject to daily review and may change. Customers are advised to check the product information available on the SBI Shinsei Bank website or at their branches.

For detailed information about SBI Hyper Deposit and ongoing promotional campaigns, customers can visit the appropriate web pages or contact the bank directly.

Overall, the early success of SBI Hyper Deposit indicates a promising future for SBI Shinsei Bank as it continues to innovate and redefine deposit banking in Japan.