Japan's megabanks expand lifestyle perks to compete for retail deposits

FinanceMizuho, SMBC, MUFG add benefits beyond interest with discounts and servicesDiscounts at restaurants are among the additional benefits banks are using to attract customers with sizeable assets. (Photo obtained by Nikkei)KAI ISHIZAKIAugust 20, 2026 04:23 JSTTOKYO -- Japan's biggest banks are increasingly aiming to attract retail customers with perks in addition to interest earnings, using strategies that aim for integration into the lifestyles of individuals with sizable financial assets.Read NextLatest on Finance