In Japan, Suruga Bank’s ANA Branch revised the number of bonus miles and the interest rate for its time deposit with miles on September 1.
The number of ANA Mileage Club miles awarded is now 210 miles per 100,000 yen, 3.5 times the previous 60 miles. The interest rate was lowered from 0.35% per annum to 0.05% per annum, regardless of the deposit amount.
Contracts maturing on or after September 1 will be automatically renewed under the new conditions. Those wishing to cancel at maturity must complete the procedure from three months before the maturity date until two business days prior.
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