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SBI Shinsei Bank to add crypto-linked rewards to deposit interest this autumn

SBI Shinsei Bank to add crypto-linked rewards to deposit interest this autumn

Japan's SBI Shinsei Bank is starting a three-month campaign offering vouchers worth 20% of deposit interest redeemable for Bitcoin, Ether or XRP, before targeting a broader permanent rollout in autumn.

BTC
XRP

Fact Check
Both the CoinPost article (citing Nikkei as the primary source) and crypto.news independently confirm the core claim: a three-month campaign offering vouchers worth 20% of deposit interest redeemable for Bitcoin, Ether, or XRP, with a permanent rollout planned for autumn 2026. Details on dates, percentages, and the SBI VC Trade integration match across both sources.
    Reference: 12
Summary

SBI Shinsei Bank is launching a three-month promotional program beginning Wednesday that adds crypto-linked rewards to ordinary deposit interest, ahead of a broader autumn rollout. Customers will continue to receive standard yen-denominated interest while also getting vouchers worth 20% of the interest earned that can be redeemed for Bitcoin, Ether or XRP through SBIVC Trade. The program applies to about 4.33 million eligible deposit accounts and is structured as an added reward tied to interest payments rather than a conversion of deposits themselves.

Terms & Concepts
  • XRP: A digital asset used on the XRP Ledger.
  • yen-denominated interest: Interest paid in Japanese yen.
  • vouchers: Redeemable certificates that can be exchanged for specified assets.