High interest rates are updated regularly every day, and one more room has 5% Hang Seng for 3 months to increase to 4% This week, 4 banks will temporarily raise interest rates – Hong Kong Economic Times – Money Management – Interest Rate Risers

Home » Business » High interest rates are updated regularly every day, and one more room has 5% Hang Seng for 3 months to increase to 4% This week, 4 banks will temporarily raise interest rates – Hong Kong Economic Times – Money Management – Interest Rate Risers

November 14, 2022
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This website updates the most real time deposit information for you every day. Since November, almost all banks have adjusted the annual interest rate of fixed deposits. At the beginning of this week, 4 banks immediately raised interest rates. AGM Asia joined the 5% mark, but the entry threshold is quite high; CNCBI raised the annual interest rate of some deposit periods by 0.2%, up to 4.8%, and the entry threshold is low; Public Bank has raised interest rates for two. consecutive weeks, increasing to a maximum of 4.6%; Hang Seng Bank has increased the Hong Kong dollar and the US dollar by 0.2% for three months, up to 4.05% In addition, there is another bank that has cut interest rates. a short-term adjustment, or is it expected that the rate increase will peak and take over? The details are as follows ︰

Banks that adjusted interest rates on fixed deposits in November (partial)

CCB is still up to the 5% level.

CCB Asia has a 12-month annual interest rate of 5%, which is also increased to 4.8% for 3 months, but the threshold is high, and it needs to be a “VIP Elite” and “VIP Wealth Management” customer ” new and open with new funds in Hong Kong dollars. Wealth management accounts require a minimum average daily balance of HKD 5 million and HKD 1 million. If you are an existing “VIP Elite” or “VIP Wealth Management” customer, you need at least RMB 5 million (opened in a branch) or RMB 8 million to get 4.9% for 12 months.

CNCB’s 4.8% threshold is low

CNCBI has increased the 12-month regular rate to 4.8%, and the 6-month and 3-month rates are also 4.7 and 4.6% respectively The entry threshold is low, and only 10,000 yuan of funds new required to open online.

East Asia 4.9% new customers need to deposit 500,000 yuan

The Bank of East Asia has launched a new promotion The 12-month fixed interest rate for the first 500,000 yuan of new customers “SuperiorGold” reaches 4.9%, earning 24,500 yuan a year. The 6 month and 3 month term also have an annual interest rate of 4.7% and 4.5% respectively.

China Merchants Wing Lung 4.7% need to deposit 5 million and 24 months

China Merchants Wing Lung raised the deposit interest to a maximum of 4.7%, but it needs to deposit at least 5 million yuan and 24 months, and the conditions are not low. The 12-month term will be increased to a maximum of 4.6%, and the initial deposit is also 5 million yuan. However, if the entry fee for the above deposit period is only 10,000 yuan or 500,000 yuan, it will be 4.4% to 4.6% respectively, which is not bad.

Chong Hing Big Hand raises interest rate to 4.6% for 6 months

Among the banks above, it is worth noting that Chong Hing raised the interest rate aggressively this month, raising it to 4.6% in 6 months, which is considered a relatively high level in the industry; in 3 months, it has increased from a level of more than 3% to 4.1%.

Furong virtual currency 6-month 4.28% is the highest

A series of moves by virtual banks, Furong Bank increased the six-month regular rate to 4.28%, and removed the deposit requirement of 500,000 yuan, and changed it to no minimum deposit. And 4.28% is the highest annual interest rate among 6 month fixed term virtual currency.

Virtual banks steal deposits, the more they grab, the longer they last. Following Huili, livi bank also launched a deposit period of 24 months with an annual interest rate of 4.5% of ten thousand yuan.

Ping An OneConnect Bank also launched a discount for new customers, up to 5.5%, which is the highest in the city for now. For details, please refer to 【Regular Bianjian ─ 5% article】

This week, many virtual banks have increased their deposit interest Except PAOB, livi, and Furong, Airstar Bank, which has less adjustments, has also increased their deposit interest, with a maximum of 4.2% for a deposit period of 12 month. After Tianxing also increased to above 4%, most banks are now at the level of 4 to 5%.

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