Mizuho revives tiered savings rates after 16-1/2 years, reaching 0.45%

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  • Mizuho Bank reintroduced savings deposits with six amount-based interest-rate tiers.
  • ¥3 million deposits receive 0.45% annually, while ordinary deposits pay 0.4%.
  • Mizuho will double each tier's rate through December this year for new accounts.
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