#4
ICBC (Asia) HIBOR High-Rebate Mortgage Plan
H+1.30% (Cap 3.50%)(HK$3.5)
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ICBC (Asia) HIBOR High-Rebate Mortgage Plan (工銀亞洲 HIBOR 高現金回贈按揭計劃) by ICBC (Asia) pairs a H+1.30% HIBOR rate with a P - 2.00% (Large P benchmark) cap (~3.50% effective ceiling) and up to 1.15% cash rebate.
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View canonical entity profile (2 lists) →ICBC (Asia) HIBOR High-Rebate Mortgage Plan (工銀亞洲 HIBOR 高現金回贈按揭計劃) by ICBC (Asia) pairs a H+1.30% HIBOR rate with a P - 2.00% (Large P benchmark) cap (~3.50% effective ceiling) and up to 1.15% cash rebate.
Key Metrics
Lender
ICBC (Asia)
HIBOR Spread
H +: 1.30%
Prime Rate Cap
P - 2.00% (Large P benchmark)
Effective Cap Ceiling
3.50% p.a.
Bank Cash Rebate
Up to 1.15%
Lock-In Period
2 years
Deposit-Link Offset
Deposit-linked interest offset up to 50% of loan amount
Pros and Cons
Pros
- Among the highest direct bank
- broker combined cash rebates in Hong Kong (up to 1.15%–1.30% on qualifying new purchases)
Cons
- Longer manual underwriting turnaround (3–4 weeks) during peak primary launch periods
Eligibility
- Maximum 1.15% cash rebate applies from HK$5,000,000 loan size
- subject to HKMA LTV & debt-servicing underwriting and 2–3 year rebate & fee clawback window
Things to Watch Out For
- Longer manual underwriting turnaround (3–4 weeks) during peak primary launch periods
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