LINE Bank has significantly increased the deposit limit for its popular "Pocket Account" product to TWD 30 million, maintaining an annual interest rate of 1.5%.
The move by the Taiwan-based digital lender aims to provide investors with a high-yield, liquid parking option amid recent turbulence in global equity markets.
The 1.5% yield remains competitive for a demand-deposit instrument in the current monetary environment.
The "Pocket Account" is the bank's flagship savings product, distinguished by its lack of lock-in periods and the ability for users to deposit and withdraw funds at will.
By raising the cap, LINE Bank is targeting retail investors who are seeking to preserve capital while waiting for clearer entry points in riskier asset classes.
The 1.5% yield remains competitive for a demand-deposit instrument in the current monetary environment.
This adjustment reflects a broader trend of digital banks in Asia competing for retail deposits by offering higher rates on flexible accounts.