▲ The current maximum interest rate for Hong Kong dollar time deposits is 5% (with a deposit term of 3 months or more), and the maximum interest rate for existing funds is 4.9%.
The U.S. is not raising interest rates, and the Hong Kong dollar fixed deposit level of 5% seems to have peaked. Recently, banks have removed the high interest rate of 5%. However, there are still at least three deposit terms reaching 5%, and many options have higher interest rates than green bonds. . Please see the picture below for details:
▼Click on the image to enlarge
[Time Deposit 2023]Another 5% fixed deposit is off the shelves Expert: Play with high interest fixed deposit for 3 more months
Recently, there have been many regular promotions of high interest rates, but readers who inquire about them often return disappointed because these offers either require new customers or new funds. For example, Fubon’s 5% requires a minimum deposit of NT$500,000, while Chong Hing’s 5%, Citigroup’s 5% or East Asia’s 4.95% require new customers.
The following is an introduction to you with the highest interest ratesFixed deposit of existing fundsthe current annual interest rate for existing customers and existing funds is not inferior to that of new funds, with a maximum of 4.9% for Hong Kong dollars:
Hong Kong dollar existing funding discount
There are high and low thresholds for existing funds of 4.9%
Currently, the highest available funds are 4.9%, with both high and low thresholds. In terms of low threshold, WeLab Bank offers 4.9% for 12 months, which can be opened for only 10 yuan, and there is no limit on new or old funds. It is not only the highest interest rate among WeLab Bank, but also the highest long-term interest rate among existing funds. .
Fubon Bank’s 12-month deposit period is also 4.9%, but the deposit threshold is much higher, requiring 1 million yuan in funds, and it can be opened through mobile banking. However, in addition to the 12-month deposit period, the bank’s existing funds with 6-month and 3-month deposit periods are 4.9%. If it is new funds, it will be 5% more.
The one with a lower threshold is Chong Hing Bank’s “Cloud Interest Rate” discount, which needs to be opened online or through mobile banking. The minimum deposit is NT$500,000, and the three-month deposit period is as high as 4.8%. If the minimum deposit is 5,000 yuan, there is still 4.65%.
The threshold of 4.7% of existing funds is not high
Low-threshold virtual banks. In addition to Huili, Ping An OneConnect Bank currently offers 12-month, 6-month and 4-month deposit terms of 4.7%, with deposits starting from only 100 yuan and no new funds required; Fulong Bank The 12-month and 6-month deposit terms are both 4.7%. There is no minimum deposit amount and no new funds are required.
DBS Bank and Bank of Communications Hong Kong both offer a low threshold of 4.6%, both with a 6-month deposit period. The minimum deposit amount for DBS is NT$50,000 and that of Bank of Communications Hong Kong is NT$20,000.
Three 5% new funds choose high interest rates over green bonds
As for new funds, Chong Hing and Citigroup’s 5% discount for new customers will be extended again in November; Fubon Bank’s new mobile funds are available at 5% for different deposit terms. In addition, Bank of East Asia and Bank of Communications Hong Kong both have a maximum of 4.95%. Details of the new funding are as follows:
Hong Kong Dollar New Fund Offer
If you want to doNew Funding Offerand due to limited funds, consider“How to Make Your Own New Funds”see details:Earn the magic weapon of high-interest fixed deposit to make your own new funds. You must know it.
The last update date of this article: November 8, 2023
More high-interest deposits:
[Hong Kong dollar time deposit]HSBC’s 13% is the highest in the city, grab short-term funds (with four major banks’ annual interest rates for Hong Kong dollars, US dollars, and RMB)
[USD time deposit]5.7% for 3 months, 5% for different deposit periods, and 5.1% for long-term interest.
Are high-interest time deposits good?A lazy person can watch the sun
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Bianjian Bank has the highest interest rate, what are the restrictions?immediatelyDownload the “Hong Kong Economic Daily” App for freeinstant feed
2023-11-08 23:49:39
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