10 Best HKD Time Deposit Rates in Hong Kong — June 2026

What is a HKD time deposit?

A HKD time deposit is a savings product where you lock a fixed amount of Hong Kong dollars in a bank account for a set period (the 'tenor') at a fixed interest rate. You agree not to withdraw the money until the term ends, and the bank pays you the advertised HKD time deposit rate as interest.

How much can I earn on a HKD 100,000 deposit?

The banks in this list offer a spread of roughly HKD 3,200 to HKD 4,500 in annual interest on a HKD 100,000 HKD time deposit, depending on the bank, the tenor and whether you meet any promotional conditions. Use the list above to compare the current headline rates side by side.

Which bank pays the best HKD time deposit rates in Hong Kong?

There is no single 'best' bank for everyone. Virtual banks often lead the table on headline HKD time deposit rates, while major incumbent banks may offer preferential rates to existing customers. The ranked list above reflects the best publicly available retail rate at the time of publication.

Are HKD time deposits safe?

Yes. HKD time deposits at banks licensed by the Hong Kong Monetary Authority (HKMA) are protected by the Deposit Protection Scheme up to HKD 800,000 per depositor per bank. Every bank in this list is HKMA-licensed.

What tenor should I choose?

Short tenors (1–3 months) give you flexibility if rates rise. Longer tenors (6–12 months) usually pay higher HKD time deposit rates but lock your money in. Pick the longest tenor you are comfortable leaving untouched.

*Don't see your bank in the top 10? Vote for the one you use and tell us in the comments which HKD time deposit rates you'd like to see next.*

## What is the minimum amount to open an HKD time deposit?

Most banks in this list accept a minimum of HKD 10,000, though a few virtual banks accept as little as HKD 1. Check the specific item above for that bank's published minimum.

## Can I withdraw my money early?

Yes, but you will usually lose some or all of the advertised interest. Penalty terms vary by bank and tenor — read the small print before you lock in.

## Are HKD time deposit rates guaranteed?

The rate is fixed for the tenor you choose. Rates on this page reflect the banks' publicly advertised offers for the month shown and can change without notice.

## Should I pick a virtual bank or a traditional bank?

Virtual banks (ZA Bank, Mox, WeLab, Fusion) typically publish higher headline rates and a fully app-based signup. Traditional banks (HSBC, Hang Seng, BOCHK, Standard Chartered, Citibank, DBS) offer in-branch service and easier access for joint or corporate accounts.

## How often should I re-check these rates?

HKD deposit rates move with the Hong Kong Monetary Authority's base rate and with bank funding needs. Re-check monthly if your deposit is rolling over.

## What is the best HKD time deposit rate in Hong Kong right now?

The highest advertised HKD time deposit rates in June 2026 are typically offered by virtual banks on short tenors (1–3 months). Promotional headline rates change weekly, so always confirm on the bank's official site before depositing.

## How much will a HKD 100,000 time deposit earn in a year?

Annualized interest depends on the stated rate and tenor. At 4.50% p.a., a HKD 100,000 deposit earns about HKD 4,500 in one year. At 3.20% p.a., the same deposit earns about HKD 3,200 — a gap of roughly HKD 1,300.

## Are virtual bank HKD time deposits safe?

Yes. HKMA-licensed virtual banks (ZA Bank, Mox, WeLab, Fusion, etc.) are subject to the same deposit protection rules as traditional banks in Hong Kong.

## What happens if I withdraw a time deposit early?

Most banks charge a penalty and pay little or no interest for the broken tenor. Check the penalty clause before you commit.

## How often are these rates updated?

Promotional rates usually refresh monthly. We update this list as banks publish new HKD time deposit offers.

## Frequently Asked Questions About HKD Time Deposits (June 2026)

What is a HKD time deposit? A HKD time deposit is a fixed-term savings account denominated in Hong Kong dollars where the interest rate is locked in for a set tenor (commonly 1, 3, 6, or 12 months) in exchange for funds being held until maturity.

How are the rates on this list compared? Rates on this list are compared on a like-for-like basis for a standard HKD deposit tenor range across the ten banks featured.

Do all banks on the list offer the same minimum deposit? No. Minimum deposit requirements vary by bank and product tier; check each bank's current terms before applying.

What happens if I withdraw early? Most banks apply a reduced or zero interest penalty for early withdrawal, plus any applicable fees described in the product terms.

Are promotional rates guaranteed? Promotional rates are typically time-limited and apply to new funds or specific customer segments—always read the fine print before committing.

A virtual bank's advertised top rate on this list is usually available on only one specific tenor — often three months — and frequently only for new money or during a limited promotional window. The rate on the same bank's other tenors is typically meaningfully lower. Before opening an account chasing a bank's headline number, check that the number actually applies to the tenor and deposit amount you plan to place.

The four virtual banks here — ZA Bank, Mox Bank, WeLab Bank, and Fusion Bank — all accept a HKD 10,000 minimum. The incumbent banks mostly require HKD 50,000 to unlock their promotional tiers (Standard Chartered is the exception, with standard, non-promotional placements available from HKD 10,000). If you're depositing a smaller sum, the virtual banks are often your only realistic route to the top rates in this list — the "best rate" is theoretical if you can't meet the minimum.