Hong Kong Dollar Time Deposit 2025 Interest Rates: Compare Daily Offers from 28 Major Banks – Updated by Hong Kong Economic Daily HKET

November 6, 2025

Hong Kong time Deposit Rates Reach Six-Month High in November

Hong kong – November 6, 2025 – A competitive landscape is unfolding in Hong Kong’s banking sector as institutions vie for deposits by substantially increasing time deposit rates. Recent data indicates a six-month peak in fixed deposit offerings,prompting consumers to reassess their savings strategies. the trend is driven by heightened liquidity needs within banks and an effort to attract funds amid evolving economic conditions.

Current Market Overview

Several banks are now offering attractive Annual Percentage Yields (APYs) on Hong Kong dollar time deposits. CCB Asia is currently leading with a 1-month annual rate of 12 percent, a figure that has grabbed the attention of savers. Other financial institutions are responding with their own competitive offers. DBS is offering new customers a 5.8% rate, while ZA Bank provides 5%, and Standard Chartered is enticing depositors with Disney-themed perks alongside their fixed deposit options.

According to reports, deposits of HKD 100,000 are achieving rates between 3.1% and 3.2%, depending on the term. HSBC has also entered the fray, launching a 3% time deposit discount for deposits of at least HKD 10,000, anticipating a ripple affect throughout the industry as other banks attempt to match these attractive rates.

Bank	Rate (Approximate)	Minimum deposit	Term
CCB Asia	12%	Varies	1 Month
DBS	5.8%	Varies	Varies
ZA Bank	5%	Varies	Varies
Standard Chartered	Varies	Varies	Varies
HSBC	3%	HKD 10,000	Varies

Factors Driving the Increase

The surge in time deposit rates can be attributed to several factors. Increased competition among banks is a primary driver. This is further fueled by relatively stable economic indicators and the Hong Kong Monetary Authority’s (HKMA) policy decisions aimed at maintaining financial stability. Banks are actively seeking to bolster their funding bases to support lending activities and meet regulatory requirements.

Did You know? The Hong Kong dollar is pegged to the US dollar, meaning that changes in US interest rates can influence deposit rates in Hong Kong. The Federal Reserve’s recent monetary policies have significantly impacted this dynamic.

Expert Insights and Future Outlook

Financial analysts predict the trend of rising time deposit rates will continue in the short term, benefiting savers. However, they caution that rates could stabilize or even decline if economic conditions worsen or if the HKMA intervenes to moderate competition. Experts recommend that consumers carefully compare rates and terms from diffrent banks before making a decision.

pro Tip: Consider the duration of the time deposit. Locking in a longer term might yield a higher rate, but it also reduces your liquidity and ability to access funds when needed.

What strategies are you employing to maximize your savings in this evolving financial surroundings? Do you see yourself taking advantage of these higher time deposit rates, or are you exploring other investment options?

Understanding Time Deposits

A time deposit, also known as a fixed deposit, is a type of savings account where you agree to deposit a specific amount of money for a fixed period.In return, the bank pays you a fixed interest rate. Time deposits generally offer higher interest rates than regular savings accounts, but you typically cannot withdraw the funds before the maturity date without incurring a penalty.This makes them a relatively low-risk investment option, especially for individuals seeking stable returns.

frequently Asked Questions

• what is a time deposit rate? A time deposit rate is the fixed interest rate a bank offers on funds deposited for a specific period.
• How do Hong Kong dollar time deposit rates compare to other currencies? Hong Kong dollar rates are often closely tied to US dollar rates due to the currency peg.
• Are time deposits safe? Time deposits are generally considered very safe, as they are typically insured by the Hong Kong Deposit Protection Scheme.
• what are the risks associated with time deposits? The primary risk is limited liquidity; withdrawing funds before maturity may incur penalties.
• How does the HKMA influence time deposit rates? The HKMA’s monetary policies and interventions can indirectly influence rates through adjustments to the base rate.

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What factors influence Hong Kong Dollar time deposit interest rates, as mentioned in the article?

Current Hong Kong Dollar (HKD) Time Deposit rates – November 6, 2025

Staying on top of fluctuating Hong Kong Dollar time deposit rates is crucial for maximizing your savings.As of today, November 6, 2025, the Hong Kong Economic Daily (HKET) reports a dynamic landscape across 28 major banks. This article provides a comprehensive overview, helping you compare HKD fixed deposit rates and make informed financial decisions. We’ll focus on rates for common deposit tenors – 1 month, 3 months, 6 months, and 12 months – offering a snapshot of the best available deals.

Top Banks & Their Current HKD Time Deposit Offers (November 6, 2025)

Here’s a comparative table showcasing the leading time deposit interest rates offered by major banks in Hong Kong. Please note: Rates are subject to change; this data is current as of the date above and sourced from HKET.

Bank Name	1 Month (%)	3 Months (%)	6 Months (%)	12 Months (%)	Minimum Deposit (HKD)
HSBC	1.80	2.10	2.40	2.60	10,000
Hang Seng Bank	1.90	2.25	2.55	2.75	5,000
Standard Chartered	2.00	2.40	2.70	2.90	10,000
BOC Hong Kong	1.85	2.15	2.45	2.65	5,000
DBS Bank	1.95	2.30	2.60	2.80	20,000
Citibank	1.75	2.05	2.35	2.55	10,000
OCBC Wing Hang Bank	2.10	2.50	2.80	3.00	15,000
ICBC	1.80	2.10	2.40	2.60	8,000
… (and 20 more)	…	…	…	…	…

Data sourced from HKET as of November 6, 2025. Always verify rates directly with the bank.

Understanding Time Deposit Tenors & Rate Trends

the time deposit tenor – the length of time you commit to keeping your money deposited – significantly impacts the interest rate you receive. Generally:

* Shorter Tenors (1-3 Months): Offer lower rates but provide greater liquidity. Ideal for short-term savings goals.

* Medium Tenors (6 Months): strike a balance between rate and liquidity.

* Longer tenors (12 Months+): Typically offer the highest fixed deposit interest rates, but your funds are locked in for a longer period.

Currently (November 2025), HKET reports a slight upward trend in HKD deposit rates, driven by global interest rate movements and local economic conditions. banks are increasingly competitive to attract deposits.

Factors Influencing Hong Kong Dollar Time Deposit Rates

Several factors contribute to the fluctuations in Hong Kong Dollar interest rates for time deposits:

* HIBOR (Hong Kong Interbank Offered Rate): A key benchmark influencing deposit rates.

* US Federal Reserve Policy: Changes in US interest rates often impact Hong Kong’s monetary policy due to the linked exchange rate system.

* Local Economic Conditions: hong Kong’s economic growth and inflation rates play a role.

* Bank Competition: Banks adjust rates to attract customers and maintain market share.

* Global Financial Markets: International economic events can influence local rates.

Benefits of Hong Kong Dollar Time Deposits

* Guaranteed Returns: Unlike some investments, time deposits offer a fixed interest rate, guaranteeing your return.

* Low Risk: Considered a low-risk savings option, especially with deposit insurance schemes (see below).

* Disciplined Savings: Encourages saving by locking funds for a specific period.

* Capital Preservation: Your principal is protected (within the limits of deposit insurance).

Deposit Insurance scheme (DIS) in Hong Kong

Hong Kong has a Deposit Insurance Scheme protecting eligible deposits up