This website updates the most real time deposit information for you every day. Close to the end of the year, banks are scrambling for short term funds to prepare for the end of the year, DBS Bank is pushing10% per weekThe high interest rate discount applies to Hong Kong dollar and US dollar time deposits, and the minimum deposit is 500,000 Hong Kong dollars. But to make this quick money, there are three main conditions:
- The offer only applies to the DBS Treasures account, the threshold for this account is a deposit of HK$1 million in the bank;
- Need to complete eligible investment transactions, such as subscribing to equity-linked products, etc.;
- The above investment transactions need to be completed at the branch.
At the end of the month, banks are careful, and only 3 banks will increase deposit interest this week. Dah Sing Bank has also increased the Hong Kong dollar time deposit to more than 5%, and Nanshang has increased it to a maximum of 4.85% Citibank has recently increased the annual interest rate of time deposits for private customers / new customers of Citigold from 4.5 % to 4.6%. However, the bank has also significantly reduced the annual interest rate for existing customers, as shown in the figure below.
Banks that adjusted interest rates on fixed deposits in November (partial)
Dah Sing Bank’s fixed deposit annual interest rate varies daily. The latest increase is 5.1% for Hong Kong dollars, and the minimum deposit is 200,000 yuan, which is also 5%. And the bank’s USD time deposit is higher at 5.3%.
Citibank has recently increased the 3 month Hong Kong dollar and US dollar time deposits for new private banking/Citigold customers to 4.6%, but at the same time they must hold designated product balances. On the other hand, the bank has significantly reduced the fixed annual interest rate of Hong Kong dollars given to existing customers, for example, the 12-month annual interest rate has been reduced to 2.8%, and the 6 month annual interest rate has been reduced to 2.56%, which is quite similar to other banks at the moment at 4-5%.
ALL 5.5% ends early
Earlier, Ping An OneConnect Bank (PAOB) launched a discount for new customers On the basis of 12 4.5%, new customers will have an additional 1%, which is a maximum of 5.5%. This offer was originally due to end at the end of this month, but the bank’s website today shows that the quota is full, meaning it has ended early. PAOB changed to a Hong Kong dollar term of 9 months with a maximum of 4.6%, and added a deposit period of 5 months and 3 months, with an annual interest rate of 4.5% and 4.2% respectively.
The end of the year is approaching, the bank will increase the deposit interest for 2-3 months
The end of the year is approaching, and big banks need more reserves. CCB Asia increases the annual interest rate for the deposit period from 3 months to 5%, which is the highest in the city for this deposit period, but the conditions are not low It is necessary to open “VIP Elite ” and “VIP Financial ” open accounts for new customers and use new funds. The 3-month deposit interest for existing customers will also be raised to a maximum of 4.7%, depending on the amount of the initial deposit.
Hang Seng Bank also increased the annual interest rate for the 3-month deposit period from 3.95% to 4.05%, and the 6-month deposit period also increased to 4.15%. If it is a selected customer, Hang Seng will provide an annual interest rate of 4.5% for 6 months until the end of this month, which is the highest among the four major banks.
At the same time, more and more banks have recently launched regular discounts with a deposit period of 2 months, which is believed to be a preparation for the end of the year. NCB has recently launched the “Short Term Flash Time Deposit”, with an annual interest rate of 4% for a 2 month deposit period and 3.4% for a 1 month deposit period. If you deposit 100,000 yuan, you can earn 667 yuan in interest in 2 months.
As shown in the picture above, Public Bank, Bank of China Hong Kong, Chong Hing and ICBC (Asia) also offer 2-month deposits with an annual interest rate of 3% or more.
Chong Hing overtook the 5% level.
After Chong Hing Bank increased the annual interest rate of the deposit period from 3 months last week, this week it will increase the deposit period from 12 months to a maximum of 5.05%. The condition is 500,000 yuan. Open online . If the new funds are opened in a branch, the 12 month deposit period is 5%, and the 6 month and 3 month deposit periods also increase to 4.8% and 4.7% respectively.
On the other hand, CCB Asia has increased the new fund discounts for new “VIP Elite” and “VIP Wealth Management” customers from a maximum of 5% to 5.1% per annum. The deposit period is 12 months, and 3 months is also increased to 4.8%. If you are an existing “VIP Elite” and “VIP Wealth Management” customer, you need at least 3 million yuan to get 5% for 12 months.
WeLab Bank raises interest rates up to 5%
Virtual banks have made a series of moves this month WeLab Bank has added a deposit period of 15 months with an annual interest rate of 5%. The bank’s time deposit entry fee is only 10 yuan, which is the lowest threshold among the current 5 % levels.
Furong Bank increased the annual interest rate for 12-month and 6-month deposit periods to 4.5%, and there is no minimum deposit requirement.
Livi Bank raised the annual interest rate for 3-month, 4-month and 6-month deposits, increasing it to a maximum of 4.6% for 6 months, which is the highest among virtual banks. Based on the initial deposit of 200,000 yuan. , the interest is earned half a year 4600 yuan. 3 month and 4 month annual interest rates also increase to 4% and 4.4% respectively. Livi Bank also launched a deposit period of 24 months earlier, with an annual interest rate of 4.5%, and a minimum deposit of 200,000 yuan. Based on this amount, the total interest earned in two years is 18,000 yuan.
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.
Bank of China’s 4.8% Bank of Communications threshold is low
Hong Kong Bank of Communications in 12 months 4.8%, the minimum deposit is 20,000 yuan, and individual customers can open through electronic channels. The bank’s highest annual interest rate is 4.85% for six months, but it needs to be 1 million yuan of new online funds from wealth management customers.
CNCBI has increased the 12-month regular rate to 4.8%, and the 6-month and 3-month rates are also 4.7 and 4.4% respectively The entry threshold is low, and only 10,000 yuan of funds new required to open online.
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[Rhagolygon wythnos Shi Syr a newidiadau stoc]Chunli Medical, Chief Gene, Kingdee International
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