Idea
Rate Cuts? iFAST increases: Higher Fixed Term Deposit Rates for USD and HKD
by
iFAST Global Bank
This rate is no longer available. Please refer to our latest articles or visit our website for the current interest rates.
As the U.S. Federal Reserve announces its latest USD and HKD rate cut, market deposit rates may adjust in response. In this environment, we are taking a different approach. At iFAST Global Bank, we believe in offering customers the opportunity to secure meaningful returns even when the market trend is shifting.
That’s why we’ve increased our USD and HKD Fixed Term Deposit^ rates and introduced a new 3-year tenure for clients seeking stable, longer-term yields.
Revised & Newly Launched Fixed Deposit Rates:
While external rates are trending lower, we’re committed to giving customers opportunities to lock in higher returns. Our updated Fixed Term Deposit range reflects that commitment and gives clients greater flexibility to choose the tenure and currency that fit their needs.
Additionally, Banking with us includes:
Multi-Currency Current Account
Earn 1.80% AER (variable)* on HKD, and 2.25%AER (variable)* on USD with instant access to your Multi-Currency Current Account.
Your money is protected
As a fully UK Licensed Bank, we assure you that your eligible deposits are protected by the Financial Services Compensation Scheme (FSCS) up to £120,000 per person.
Don't miss out on these rates. Start growing your money today!
iFAST Global Bank – Banking Without Boundaries
*Interest is calculated daily and paid out monthly. The interest you receive may be subject to UK tax, depending on your individual circumstances for which you should seek independent advice. The rates provided are the published rates as of 11/12/2025. Details regarding the interest rates for other currencies can be found on our website at www.ifastgb.com. Please refer to our website for full terms and conditions.
^iFAST Global Bank Fixed Term Deposits are subject to a fixed deposit term. Early withdrawal before maturity is not permitted unless under exceptional circumstances and may result in loss of all accrued interest. A 14-day cooling-off period applies from the date of application, during which you may cancel your fixed term deposit without penalty. More details can be found on our website at www.ifastgb.com. Deposits up to £120,000 are fully protected by FSCS (Financial Services Compensation Scheme). More details: https://www.fscs.org.uk/. T&Cs apply.
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iFAST Global Bank is a member of the Financial Services Compensation Scheme (FSCS).
iFAST Global Bank is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Our Financial Services Register number is 716167. We are registered in England and Wales, our company number is 4797759.
Please note that the provided details serve as general information and should not be considered as financial advice or endorsements. We strongly advise customers to diligently carry out their own research and consider seeking expert guidance for tailored financial choices.
