ZA Bank enables users to earn 8% p.a. Savings rate by walking daily

Users must complete fitness challenges in August.

Hong Kong’s ZA Bank has rolled out a ‘Walk to Earn’ programme, offering up to 8% per annum savings rate by completing daily step targets by 18 August.

Until 31 August, users can enjoy up to 6% p.a. Savings rate– including a bonus savings rate of 1% p.a. From fitness challenges– when they complete “High-Rate Pot challenges” during the month.

To compete, users must register at the campaign page and make a “High-rate Savings Pot”. Users who create a pot for the first time can enjoy an additional 2% p.a. Reward savings rate for the next 15 days after registration, enabling them to unlock the maximum 8% p.a. rate.

Users who start the challenges on 1 August can earn over HK$300 extra interest during the campaign period. Maximum savings balance is HK$500,000.

Users can register until 12 August in the ‘Walk to Earn’ campaign page. 

Users can also participate in a walkathon mini game under its ZA Sports Festival campaign, where they can convert their actual steps into activity steps for a daily cap of 20,000 steps. Users have the chance to win round-trip tickets for 2 to Paris, Apple Watch Ultra 2, and a Samsonite suitcase, amongst others.

Recently, Asian Banking & Finance spoke with ZA Bank's alternate chief executive Devon Sin to learn more about the bank's Web3 ambitions.