Home » Economy » HSBC promotes 1 week 10% fixed deposit million deposit quick earn $1918

HSBC promotes 1 week 10% fixed deposit million deposit quick earn $1918

by Alexandra Hartman Editor-in-Chief

HSBC

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

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Adblock Detected

Please support us by disabling your AdBlocker extension from your browsers for our website.