Interest rates on returned regular savings accounts: 2% under certain conditions, competitive offer

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Interest rates on returned regular savings accounts: 2% under certain conditions, competitive offer

Interest has returned to regular bank deposits. Following the Bank of Japan's additional interest rate hike in January, the three megabanks and Japan Post Bank will raise interest rates to 0.2%, double the current rate, from March. PayPay Bank will offer a 2% interest rate when both yen and dollars are deposited, while SBI Shinsei Bank will set a higher interest rate than usual for elderly and young people. Banks are competing to offer preferent…