Aeon Bank interest rate changes arrive on March 1, 2026, when the bank ends Aeon Bank My Stage perks and sets the ordinary deposit rate at 0.30% for everyone. For households in Japan comparing Japan deposit rates, the choice now is clear: keep cash liquid at 0.30% or seek 1‑year time deposit Japan offers around 0.40 to 0.45%. We break down the math, trade‑offs, and what this shift means for funding costs and your savings plan.

What changes on March 1 at Aeon Bank

From March 1, 2026, Aeon Bank’s ordinary deposit will pay 0.30% per year for all customers. The bank is abolishing the former Aeon Bank My Stage tier perks, so there is no status-linked boost anymore. This simplifies choices for savers and sets one clear reference for Japan deposit rates. The change and new rate were outlined by industry trackers here source.

The shift likely reflects a market where savers compare headline rates across banks in real time and move quickly. A single Aeon Bank interest rate reduces complexity, cuts admin costs, and makes pricing easier to update if conditions change. For customers, it removes uncertainty and puts the focus on whether liquidity at 0.30% beats locking funds in time deposit Japan offers.

How 0.30% stacks up against time deposits

Many banks now show 1‑year time deposits at about 0.40 to 0.45%. On ¥1,000,000, 0.30% earns ¥3,000 before tax. At 0.40% it is ¥4,000, and at 0.45% it is ¥4,500. After 20.315% tax, nets are about ¥2,391, ¥3,187, and ¥3,586. The gap vs 0.30% is roughly ¥800 to ¥1,200 per year. See saver behavior discussed here source.

Ordinary deposits offer instant access at 0.30%. Time deposits usually restrict withdrawals until maturity. If early withdrawal is allowed, the interest may drop to an early‑break rate. Choose terms that match cash needs: emergency funds belong in ordinary deposits, while planned expenses in 3 to 12 months can suit term deposits where the extra yield is clearer.

What the shift means for banks and markets in Japan

As more savers compare Japan deposit rates, banks face pressure to keep ordinary rates fair while running targeted time‑deposit campaigns. Raising rates lifts funding costs, but it can defend balances. Expect more limited‑time offers, seasonal campaigns, and rate ladders to manage inflows. A clear Aeon Bank interest rate acts as a benchmark other lenders will watch when pricing retail deposits.

Japan households hold a high share of cash, and higher term rates can keep money in deposits rather than moving to risk assets. Stable 0.30% on ordinary accounts anchors liquidity, while 0.40 to 0.45% on 1‑year terms tempts savers with modest extra income. This split may slow shifts into equities or funds, especially for retirees seeking simple, capital‑stable returns.

How savers can respond today

Start by mapping cash needs. Keep one to six months of expenses at the 0.30% Aeon Bank interest rate for easy access. For the next layer, compare 3, 6, and 12‑month time deposit Japan offers and consider a ladder so funds mature regularly. Recheck promotions monthly, set maturity reminders, and review auto‑renew rules to avoid rolling into less competitive rates.

Interest on deposits is generally taxed at 20.315% at source in Japan. Standard deposits are protected by the Deposit Insurance System up to ¥10 million in principal and interest per person per bank. Spread large balances if needed. Confirm early‑break terms, minimums, and partial withdrawals on time deposits. Keep emergency cash flexible, then seek higher rates only with funds you can lock.

Final Thoughts

Aeon Bank’s decision to end My Stage and set the ordinary rate at 0.30% creates a simple yardstick for everyday savings. For cash you must access at any time, that rate is now the reference. For money you can lock, 1‑year time deposit Japan rates around 0.40 to 0.45% can add roughly ¥800 to ¥1,200 net per ¥1,000,000 per year. Build a ladder to balance access and yield, spread large balances to respect deposit insurance limits, and track promotions monthly. In short, match term to purpose: keep your emergency fund liquid at 0.30%, and move planned‑use cash to the best fixed‑term offers you can find today.

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The content shared by Meyka AI PTY LTD is solely for research and informational purposes.  Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.