2024-03-28 11:57:37
▲ This article specifically searches for “existing funds” discounts for fixed deposits. In fact, many banks offer high interest annual interest rates for existing funds, but they always hide behind the promotion of new customers/new funds.
Sometimes the promotional titles for fixed deposits seem eye-catching, but the actual threshold is high and difficult. High-interest deposits basically require new funds, and sometimes there are different conditions attached, such as opening a new account, applying for a credit card, etc. If you want to earn high interest Not an easy task.
This article specifically searches for “existing funds” discounts for fixed deposits. In fact, many banks offer high interest annual interest rates for existing funds, but they always hide behind the promotion of new customers/new funds.
- Existing funds earn 4.4%, which is higher than new funds;
- The minimum deposit is NT$500,000 at 4.4% in 7 months; the minimum deposit is NT$100,000 in 3 months at NT$4.4%;
- The 6% of new funds has expired, and we will wait and see whether it will be extended in April.
You can see it in the picture belowThe highest annual interest rate for different deposit periodsthere are still many options for Hong Kong dollar time deposits with rates above 4%, including discounts on existing funds:
▼Click on the image to enlarge
Hong Kong dollar time deposits of 6% for 3 months and 4.8% for 4 months are both new customer offers, and the promotion period ends at the end of March; on the contrary, 4.4% for 3 months and 4.4% for 7 months are available for both old and new funds and are still continuing. have.
The following introduces the three main deposit periods:existing fundsdiscount︰
– Hong Kong dollar existing fund discount –
Existing funds selection 1: 4.4% locked-in return until the end of the year
Virtual banks have had surprises recently. WeLab Bank has launched a new 7-month deposit period, with an annual interest rate of up to 4.4%. It requires a minimum deposit of 500,000 yuan. If you open it now, you can lock in more than 12,000 yuan in interest before the end of October. .
This offer is not only available for new and old funds, but also caters to depositors with high and low thresholds. For the same deposit period, if the deposit starts from 200,000 yuan, the deposit will be 4.3%, and the deposit starting from 10 yuan will be 4.2%, which is consistent with the half-year period of other banks.
Existing Fund Selection 2: Financial Management Customers 4.4%
CNCBI raised the three-month deposit interest rate to 4.4% this month, and it is still continuing to do so. In addition, the annual interest rate for new and old funds is rarely the same, and even ordinary customers have the same interest rate of 4.3%.
4.4% is a 3-month deposit period for CITICdiamond customers, with a minimum deposit of 100,000 yuan, and 4.3% for general customers. The above discounts are the same for new and old funds.
If the deposit period is 6 months, CITICdiamond customers also get 4.33%. The minimum deposit is also 100,000 yuan, and ordinary customers get 4.23%.
Three selections of existing funds: low threshold 4.2%
The virtual bank Ping An One Connect raised the interest rate to 4.2% this month. The deposit period is 3 or 4 months. The minimum deposit is only 100 yuan. No new funds are required, and there are no designated account requirements.
Subsequently, Fusion Bank, DBS Bank, etc. were unwilling to be outdone and have raised interest rates in recent days.
There are also a large number of 4% options with low thresholds. The following are 4% options for existing funds:
- Fulong Bank 4.2% for 3 months (no minimum deposit amount)
- DBS Bank 4.15% for 6 months (electronic channel, minimum deposit of NT$50,000)
- Chong Hing Bank 4.1% for 3 months (electronic channel, minimum deposit of NT$5,000)
- Bank of Communications Hong Kong 4% for 6 months (electronic channel, minimum deposit of NT$20,000)
- Tianxing Bank 4% for 6 months (minimum deposit of NT$1,000)
- ICBC (Asia) 4% for 3 months (electronic channel, minimum deposit of NT$50,000)
Four selections of existing funds: 4% for 12 months, provided by two banks
- Ping An OneConnect, Tianxing Bank 4%
- No new funds required, low minimum deposit
- A virtual bank
At present, there are many banks with 12-month Hong Kong dollar fixed deposits that have fallen below 4%, and their existing funds can maintain 4%. There are currently three banks.
Among them, the 4% deposit of Tianxing Bank is only NT$1,000, while the 4% deposit of Ping An OneConnect has a minimum deposit of only NT$100.
The virtual bank provides the current minimum threshold of 4% for 12 months, and existing funds can be opened.
China Merchants Wing Lung also has 4% of existing funds, but the threshold is extremely high, requiring a minimum deposit of 5 million yuan and opening it through mobile banking. Large accounts can earn up to 200,000 yuan in interest a year.
Most banks have retreated to 3.7%, such as Huili Bank, DBS Bank, Bank of Communications Hong Kong, etc., with 12-month existing funds of 3.7%.
Existing funds selection five: 4.25% for 3 months, no financial account requirements
- Chong Hing Bank 4.25%, minimum deposit is NT$500,000
- Deposit 4.1% starting from 5,000 yuan, wealth and frugality depend on people
- Electronic channel opening
- No financial account requirements
Chong Hing Bank’s “Cloud Interest Rate” starts with a deposit of NT$500,000. The annual interest rate is 4.25% for 3 months, and you can quickly earn about $5,300 in a quarter. If you deposit at least 5,000 yuan, there will be 4.1%.
Other banks are focused on grabbing large amounts of principal. For example, Nanshan Commercial Bank, China Merchants Wing Lung, etc. all have annual interest rates higher than 4%, but the minimum deposit amount starts at one million yuan.
New customers’ new funds are up to 6%
As for new funds, although banks have cut interest rates recently, they still have options of 5%, with a three-month deposit period. Interest rates for 12-month and 6-month deposits have also been raised, reaching a maximum of 4.1% and 4.5% respectively. Details of the new funding are as follows:
– Hong Kong dollar new fund discount –
If you want to doNew Funding Offerand due to limited funds, consider“How to Make Your Own New Funds”see details:Earn the magic weapon of high-interest fixed deposit to make your own new funds. You must know it.
Editor in charge: Liao Yiran
The last update date of this article: March 28, 2024
More high-interest deposits:
Time deposits in 2024 | 6-month peak of 4.35%, and 12-month return to 4%!Two banks raise interest rates ahead of quarter end
HKD 100,000 time deposit｜12 Bank 4% No need for new funds, earn $4,000 in passive income at low cost
High-interest demand deposit | Earn $3500 quickly at 15%!The monthly dividend is 3.5% without upper limit, and DBS re-promotes 4.6% to existing customers.
Are high-interest time deposits good?A lazy person can watch the sun
＝＝＝＝＝
Bianjian Bank has the highest interest rate, what are the restrictions?immediatelyDownload the “Hong Kong Economic Daily” App for freeinstant feed
Open hket App and read the full text
1711628441
#annual #interest #rate #time #depositsExisting #funds #higher #funds #highest #interest #rate #options #deposit #periods #Hong #Kong #Economic #Daily #Financial #Management #Interest #Rate #Collection #Strategy