Leading banks continue to attract money with high interest rates. HSBC has joined in absorbing short-term new funds with a fixed deposit annual interest rate of up to 10%, reflecting the rising cost of funds before the end of the year.
HSBC refers to high-end Shangyu customers who open a one-week fixed deposit with foreign currency exchanged for Hong Kong dollars. If you make a fixed term through mobile wealth management, the annual interest rate is up to 10%, and 9.5% through branch or telephone wealth management. The minimum deposit amount is 10,000 yuan. If you open an account with 10,000 yuan, the annual interest rate is 10%, that is, the weekly interest rate is 191.8 yuan. If you open an account with 1 million yuan, you can earn regarding 1,918 yuan a week. The monthly interest rate is 4%, that is, you can deposit 1 million yuan Calculated, the interest earned in one month is regarding 3,333 yuan. For Premier Banking, HSBC One/other customers who use mobile banking, the highest one-week fixed deposit annual interest rate is 9.9% and 9.8% respectively, and the one-month annual interest rate is 3.9% and 3.8% respectively. Among the four major banks, HSBC is currently the highest, followed by Hang Seng Bank (011), which also has an annual interest rate of 6%.
Hang Seng 6-month fixed deposit annual interest rate 5%
In addition, it is reported that Hang Seng has also recently launched a discount for selected customers in December. If you open a 6-month Hong Kong dollar time deposit online with 10,000 yuan of new funds, the annual interest rate will be up to 5%, which is the highest in Hong Kong. If you use 100,000 yuan It is said that the interest of 2,500 yuan can be charged for half a year; the annual interest rate for opening a 3-month fixed deposit is also 4.8%, which is currently the second highest in Hong Kong. At present, among the four major banks, the annual interest rate of Hang Seng’s short-term and medium-term deposits is the most attractive. The 3-month, 6-month and 1-year interest rates are 4.29%, 4.39% and 4.3% respectively, while the annual interest rate of HSBC’s fixed deposit is 4.3%. .
The interbank interest rate in Hong Kong continued to rise. Among them, the one-month interbank interest rate rose for 17 days in a row. A new high since December 2000.
Originally published on AM730 https://www.am730.com.hk/Finance/Finance/HSBC launches 10% fixed deposit for 1 week-Million deposit quick earn-1918/351549?utm_source=yahoorss&utm_medium=referral