2023-04-20 15:32:08
Banks are scrambling for U.S. dollar funds. Recently, interest rates have been raised mainly in U.S. dollar deposits, and some banks have also increased Hong Kong dollar deposits. For example, CNCBI raised the 6-month deposit interest to 3.6% today, and China Construction Bank Asia raised the 3-month deposit interest to 3.4% Percentage, the 7 banks that increase deposit interest are listed below:
Recently increased savings bank
OCBC Wing Hang’s 4% deposit interest is the most eye-catching. The deposit period is 6 months, and the annual interest rate is as high as 4.18%.
This promotion is limited to “OCBC Wing Hang Premier Wealth Management”, and the new capital must be 1 million yuan or more. The basic annual interest rate for the 6-month deposit period is 3.58%, and there is an extra cash reward of 3,000 yuan, which is equivalent to an additional preferential annual interest rate of 0.6%. , the total is 4.18%.It should be noted that the extra 0.6% is issued in the form of rewards.It will be deposited into the Hong Kong dollar deposit account of eligible customers on or before December 31, 2023. That is, if it is opened now, 3.58% will be paid when it expires in mid-October, and an additional 0.6% will be credited before the end of December.
Standard Chartered NCB Reduces Deposit Interest
Although the above-mentioned banks have increased deposit interest, there have been many reductions. For example, Standard Chartered Bank reduced the 12-month deposit period to 3.4% and the 6-month deposit period to 3.2% this week, both of which are on par with HSBC and Bank of China Hong Kong. . It should be noted that although the maximum annual interest rate of the three major note-issuing banks is the same, the 3.4% of HSBC must be issued by Jade or Premier Banking customers, and the 3.4% of Standard Chartered and Bank of China can be issued by ordinary customers.
Nanyang Commercial Bank reduced the 12-month deposit period to a maximum of 3.6%. The previous 3.8% was the highest in the city, but the current 12-month deposit period has been changed to Fubon’s 3.7%.
[Weekly Featured Deposit Interest]Fixed deposit earns 21 sets of Japanese air tickets as interest
Great ratio of new and old funds
Banks are scrambling for new funds, and the gap between old and new funds is getting farther and farther. For example, with a 6-month deposit period, the new fund has a maximum of 4.18%, and the existing fund has a maximum of 3.6%. 3.6 per cent. The following is the comparison of old and new funds with different deposit periods in Hong Kong dollars.
HKD New Fund Offer
HKD Existing Fund Offer
Date this article was last updated: April 20, 2023
Written by: Liao Yiran
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