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Best HKD Time Deposit Interest Rates and Offers in Hong Kong [August 2025]

06 August 2025

Time deposits represent a cornerstone of conservative investment strategies, offering a blend of safety, predictability, and relatively attractive returns in an often-volatile financial landscape. These financial instruments are particularly appealing to individuals seeking to preserve capital while earning a steady income.

StashAway offers you an in-depth comparison of the latest HKD fixed deposit rates for 2025 across traditional banks and virtual banks in Hong Kong. This comprehensive guide covers various tenors, including 1 month, 3 months, 6 months, and 12 months. It lists each bank's highest HKD fixed deposit interest rate, minimum deposit requirements, and popular promotions, helping you find the best rate available. The article also explains the key benefits and risks of fixed deposits, important factors to consider when comparing deposit plans, and provides wealth management tips to help you maximize your returns.

Summary:

The best 12-month HKD time deposit rate for a traditional bank was Fubon Bank at 2.10%, with a minimum deposit requirement of HKD 500,000.
The best 6-month HKD time deposit rate for a traditional bank was Fubon Bank at 1.90%, with a minimum deposit requirement of HKD 500,000.
The best 3-month HKD time deposit rate for a traditional bank was Fubon Bank at 1.40%, with a minimum deposit requirement of HKD 500,000.
The best 1-month HKD time deposit rates for a traditional bank were Fubon Bank at 0.60%, with a minimum deposit requirement of HKD 500,000.
The best 12-month HKD time deposit rate for a virtual bank was Fusion Bank at 2.30%, with no minimum deposit requirement.
The best 6-month HKD time deposit rate for a virtual bank was Fusion Bank at 1.75%, with no minimum deposit requirement.
The best 3-month HKD time deposit rate for a virtual bank was Livi Bank at 1.70%, with a minimum deposit requirement of HKD 50,000.
The best 1-month HKD time deposit rate for a virtual bank was Fusion Bank at 0.50%, with no minimum deposit requirement.
StashAway USD Cash Yield offers a yield-to-maturity of 4.3%* p.a., with no minimum, no maximum deposit requirement, and no lock-ins.

Traditional Banks HKD Time Deposit Interest Rates Comparison

Traditional banks are known for offering fixed deposits with stable and secure services, as well as having physical branches that allow users to make inquiries and manage their accounts in person. Most products provide a range of deposit tenors to choose from, and all deposits are protected by the Hong Kong Deposit Protection Board, with coverage of up to HKD 500,000 per deposit. HKD fixed deposit rates at traditional banks tend to be stable, though certain high-yield products may require a higher minimum deposit, making them suitable for customers who prioritize fund safety or those seeking longer deposit periods.

StashAway provides you with interest rate data from major traditional banks to help you with HKD fixed deposit rate comparison, making it easy to compare different HKD time deposit rates and find the most suitable offer.

Bank	7 days	1 month	3 months	6 months	1 year	Min Deposit
HSBC Premier			0.50%	1.10%		HKD 10,000
HSBC One			0.30%	0.90%		HKD 10,000
Bank of China			0.50%	0.90%		HKD 10,000
Standard Chartered			0.50%	1.20%	1.60%	HKD 10,000
ICBC Asia		0.25%	0.95%	1.25%	1.25%	HKD 50,000
		0.25%	1.00%	1.30%	1.30%	HKD 800,000
		0.25%	1.05%	1.35%	1.35%	HKD 3,000,000
China CITIC Bank	0.001%	0.01%	1.15%	1.70%	2.00%	HKD 10,000
Fubon Bank		0.60%	1.40%	1.90%	2.10%	HKD 500,000
Bank of Communications	0.05%	0.25%	0.275%	0.275%	0.30%	HKD 500,000
Bank of East Asia			0.80%	1.50%	1.70%	HKD 10,000
Hang Seng Bank			0.50%	1.20%		HKD 10,000
Chong Hing Bank	0.01%	0.10%	0.12%	0.12%	0.20%	HKD 5,000
Nanyang Commercial Bank		0.375%	1.30%	1.70%	2.00%	HKD 100,000
CMB Wing Lung Bank	0.25%	0.25%	0.95%	1.15%	0.95%	HKD 10,000
	0.25%	0.25%	1.00%	1.20%	1.00%	HKD 500,000
Public Bank	0.25%	0.45%	0.95%	1.25%	1.60%	< HKD 100,0000
	0.25%	0.50%	1.00%	1.30%	1.65%	>= HKD 100,000
	0.25%	0.55%	1.05%	1.35%	1.70%	>= HKD 500,000
Shanghai Commercial Bank		0.25%	1.13%	1.38%	1.48%	HKD 1,000

* Rate as of 2nd August 2025

Virtual Banks HKD Time Deposit Interest Rates Comparison

Virtual banks are focused on fully online operations, without physical branches. Account opening and fund management are flexible and fast, with most virtual banks setting very low or even zero minimum deposit requirements. Their HKD fixed deposit rates are often highly competitive, with frequent short-term high yield offers and special promotions to attract younger customers or those seeking a new financial experience. Some virtual bank products are also protected by deposit insurance, but the service experience tends to be more innovative and convenient, making them ideal for those who want to manage funds flexibly and chase the latest high HKD fixed deposit interest rates.

StashAway provides you with HKD fixed deposit rate across various virtual banks, helping you compare the latest rates and find the best offers available.

Bank	7 days	1 month	3 months	6 months	1 year	Min Deposit
Fusion Bank	0.05%	0.50%	1.40%	1.75%	2.30%	No min
WeLab Bank GoSave 2.0		0.50%	1.25%	1.50%	2.15%	HKD 10
AirStar Bank	0.01%	0.01%	0.95%	1.55%	2.00%	No min
ZA Bank	0.01%	0.10%	0.51%	1.61%	2.01%	HKD 1
Mox Bank			0.70%	1.40%	1.80%	HKD 1
Livi Bank	0.25%	0.50%	1.10%	1.30%	1.60%	HKD 500 - 49,999.99
	0.25%	0.50%	1.41%	1.70%	1.70%	HKD 50,000

* Rate as of 2nd August 2025

Earn Up to 4.3% p.a. with StashAway USD Cash Yield

When looking for alternatives to traditional HKD time deposits, StashAway's USD Cash Yield is a standout option, offering up to 4.3%* p.a. (as of 11 Jul 2025) with no min or max deposits requirement. This yield is achieved through investments in short-duration US Treasuries, which are known for their safety and stability. Unlike fixed deposits, this portfolio has no lock-in periods, allowing for flexible withdrawals and transfers.

What is a fixed deposit?

A fixed deposit is a type of financial product offered by banks, typically in the form of a Certificate of Deposit (CD). Unlike regular savings accounts, a fixed deposit comes with a set term, meaning your funds cannot be withdrawn before maturity. In return, you enjoy a higher fixed deposit rate, throughout the agreed period.

Benefits of Time Deposits

Zero Risk: Time deposits are considered one of the safest investment options available. The principal amount is guaranteed, and the interest rate is fixed, providing a predictable return on investment.

No Extra Charge: One of the appealing aspects of time deposits is the absence of management fees or charges, provided the funds remain in the account until the end of the term. Early withdrawal, however, may result in penalties.

Low Threshold for Entry: Time deposits are accessible to a wide range of investors, including those with limited capital. The advent of virtual banks has further lowered the entry threshold, making it possible to open time deposits with minimal initial deposits.
Flexible Tenor Options: Fixed deposits offer a wide range of deposit tenors, from as short as 7 days to several years. This flexibility allows investors to choose a deposit period that suits their individual needs, whether they are looking to park funds for a short term or achieve long-term savings goals.
Simple to Set Up, Ideal for Beginners: Opening a fixed deposit is very straightforward-just select the deposit amount, tenor, and currency, with no need for complicated paperwork or investment knowledge. Unlike stocks, funds, or bonds, fixed deposits do not require you to track price fluctuations or analyze market trends, making them an excellent choice for beginners who prefer steady returns.

How to choose the Best HKD Time Deposit Interest Rates and Offers?

When it comes to maximizing your savings, finding the best HKD time deposit rates can significantly impact your investment returns. However, the process involves more than just looking for the highest interest rate. Here are some practical tips on how to compare and choose the best time deposit rates.

How to compare HKD Time Deposit Interest Rate?

Research and Compare Rates: Start by checking and comparing the HKD interest rates offered by various banks, including both traditional and virtual banks. Websites and financial comparison tools can provide up-to-date information on the rates available for different terms and deposit amounts.
Consider the Term Length: The length of the time deposit can affect the interest rate. Typically, longer terms offer higher rates. Assess your financial needs and decide how long you can afford to lock in your money without access.
Check for Promotional Offers: Banks often offer promotional rates for new customers or for larger deposits. These promotions can significantly boost your interest earnings but be sure to read the terms and conditions carefully.
Understand the Fine Print: It is crucial to read the terms and conditions associated with the time deposit. Pay attention to details regarding the renewal policies, early withdrawal penalties, and any conditions that might allow the bank to change the interest rate.
Evaluate the Credibility of the Financial Institution: Opt for reputable banks that are well-regulated and have a solid track record. This ensures the safety of your deposits.

What are the potential risks of HKD Timed Deposits?

Hidden Fees: Some banks might charge account maintenance fees or offer lower rates if certain conditions are not met. Always ask about any potential fees that could eat into your interest earnings.
Early Withdrawal Penalties: Withdrawing your money before the maturity date can result in penalties, which could negate any interest earned. Be sure you can commit to the term of the deposit.
Automatic Renewal Terms: Some time deposits automatically renew at maturity for the same term at the prevailing interest rate, which might be lower than the rate initially offered. Check the renewal policy and set reminders to review the terms as the maturity date approaches.
Interest Rate Caps: In some cases, the advertised interest rate may only apply up to a certain deposit amount, or the rate might decrease after a certain period. Ensure you understand how much of your deposit will earn the advertised rate.