RetireJapan

OK it’s still a pittance but for those looking for a slightly better interest rate than usual on yen deposits, they are offering 1% for a fixed term of three months for new customers, as well as 0.3% for a year fixed term. Haven’t looked into it in great detail yet, so not sure if you could, for example, take advantage of the 3-month rate before putting it into the yearly one when that matures.

https://www.sbishinseibank.co.jp/lp/cam ... gDIELmzfiA

I'm already using their 2-week fixed term, just to get some perks and try to think that the money is, somehow, working a little bit, while still accessible at a moment notice. I'll see their other offerings, thanks for sharing that!

Thanks for sharing this information about the interest rates being offered by SB Ishinseibank for yen deposits. It's always good to know about options for better returns on our savings.

It's important to note that while the rates being offered are higher than the usual rates, they are still relatively low. Additionally, it's always a good idea to read the terms and conditions carefully before investing, to understand any restrictions or penalties for early withdrawals.

Regarding your question about taking advantage of the 3-month rate before putting it into the yearly one, it's best to confirm with the bank directly. They would be able to provide you with more specific details about their policies on deposit accounts and how you can maximize your returns.