▲ Some banks have very high interest promotions for Hong Kong dollar fixed deposits. However, readers should be careful about the details of the terms and conditions Currently, there are two types of high interest rates on the market with an interest rate of 6%, and both have deposit limits.
The Hong Kong dollar time deposit market is booming. Although the general trend is to cut interest rates, some banks promote very high interest rates. However, readers should be careful about the details of the terms and conditions Currently, there are two types of high interest rates on the market with an interest rate of 6%, and both have deposit limits.
The chances of an interest rate cut in June are low, with major banks threatening to do soRisk of interest rate riseFed members should openly express that they are “open to raising interest rates”, and it is almost certain that the high interest rate environment will continue during the next three months.
Making short-term fixed deposits can not only protect against the risk of delayed interest rate cuts, but also maintain financial flexibility.
This article picks the best options that can easily collect $10,800 in interest in 3 months.
– The choice of a 3 month Hong Kong dollar time deposit with a high interest rate –
AGM Asia 6% interest rate $10,800
China Construction Bank Asia has launched a new annual interest rate of 6% to attract new “VIP Financial Management” customers The requirements for this financial management account are not high, as long as the average daily combined balance is in HK $ 1 million.
The 6% annual interest rate method is more complicated. % (the annual interest rate can change daily) ).
Calculated based on 1 million yuan, the first 100,000 yuan earns 6% interest of $1,500, and the subsequent 900,000 yuan earns 4.15% interest of about $9,300 The total interest rate for three months is around $10,800, which means the average annual interest rate is around 4.3%.
Remember that only new money can be opened in the branch, and the promotional period is temporary until May 31.
Fubon Bank 4.35%
The same interest rate is $10,800
If it is not a new customer discount, Fubon Bank’s 4.35% is the highest This discount does not include graduated interest The minimum deposit is 500,000 yuan, and the entire principal amount is 4.35%. the rate is $10,800.
In terms of existing funds, Fubon’s 4.25% is the highest, but the minimum deposit is 1 million yuan, which reflects that banks have recently focused on competing for large depositors.
Related reports: One million Hong Kong dollar fixed deposit｜1 million to 6% is really such a great number?
ICBC (Asia) 6%
There is also a deposit limit
Coincidentally, ICBC (Asia) 6% discount is also a new customer discount, but the gameplay is different from CCB Asia’s 6% discount. It only requires mobile banking, and you can deposit as little as 1,000 yuan The threshold is much lower than CCB Asia, but it also uses 100,000 yuan as the upper limit of 6%, so part of the interest actual of 6%. also 1,500 yuan.
- ICBC (Asia) personal new customers.
- Open via “e-time deposit” mobile banking
- The first NT$100,000 of a 3-month time deposit has an annual interest rate of 6%
- All time deposits must be NT$1,000 or higher
- Deposit 100,000 yuan and earn 1,500 yuan quickly in 3 months
- The promotion period has been extended to May 31st
Sosho Bank 5rin
The best choice for currency exchange
This month there is a new 3-month discount of 5%, but it can only be opened after converting a designated foreign currency into Hong Kong dollars, with a minimum deposit of HK $ 200,000.
Designated foreign currencies include many popular currencies, such as the United States, Canada, Australia, New Zealand, British Pound, and Japanese Yen If you happen to need to exchange, you may want to open this 5% fixed deposit, which is able to earn at least 2,500 yuan in interest per quarter.
4 month high of 4.35%
The annual interest rate for a 4-month deposit term has reached a new high again For OCBC Bank’s new financial management customers, if cash prizes are taken into account, the annual interest rate for a 128-day deposit term is 4.35%, but the minimum deposit is NT$1 million.
Nanyang Commercial Bank’s 4-month 4.3% discount is still available, but a deposit of at least NT$1 million is required, and it must be a selected financial customer; for general customers, it is 4.1% for NT $ 100,000.
Others, such as Tianxing, Ping An OneConnect and DBS, have reduced their deposit period from 4 months to less than 4% this week.
Low threshold 4.15%
If the minimum deposit is NT$10,000 or less, there are several low-threshold and high-interest options to choose from, with the highest being 4.15%:
- Public Bank 4.15% (minimum deposit of NT$10,000, new funds via mobile phone)
- East Asia Bank 4.05% (minimum deposit of NT$10,000, financial management customers)
- Chong Hing Bank 4.05% (minimum deposit NT$5,000, existing funds online)
- Fulong Bank 4% (minimum deposit of zero yuan, existing funds)
- ICBC (Asia) 4% (minimum deposit NT$50,000, existing funds online)
Mimoto max 5.2 rin
Regarding US dollar fixed deposits, due to the high interest rates in the United States, more than 10 banks have at least 5% for a three-month deposit term The following are some of those above 5.1%, up to 5.2%. , and 5.3% for a 98 day deposit term If you have US dollars, Finance may want to consider:
US dollar high interest fixed term (3 month deposit period)The bank’s maximum annual interest deposit: ICBC (Asia) 5.3%
(98 days) USD 500,000 branch Elite Club customers new funds Dah Sing Bank 5.2% 100,000 to HKD 500,000 matching new funds new VIP customers Fubon Bank 5.2% 30,000 USD mobile banking new funds CNCBI 5.2% 10,000 US dollars new customers CITIC Funds East Asia Bank mobile phone 5.15% equivalent to 2 million Hong Kong dollars New Private Supreme Financial Customers
Date this article was last updated: April 19, 2024
Editor in charge: Liao Yiran
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