Idea
Are You Getting the Most from Your Hong Kong Dollar Savings?
by
iFAST Global Bank
Hong Kong Dollar (HKD) deposits can be held in a variety of products, including current accounts, savings accounts and fixed deposits. Depending on the provider, interest rates, deposit requirements and available tenures may differ.
Understanding these differences can help customers compare available options and choose an arrangement that best suits their savings goals and liquidity needs.
At iFAST Global Bank, customers can earn interest on HKD through both our Multi-Currency Current Account and HKD Fixed Term Deposits.
HKD Fixed Deposit Comparison
Tenure | iFAST Global Bank | HSBC HK | BOCHK | Hang Seng Bank | Standard Chartered HK |
3 Months | 2.50% AER | 2.395% p.a. | 2.40% p.a. | 2.40% p.a. | 2.40% p.a. |
6 Months | 2.95% AER | 2.195% p.a. | 2.40% p.a. | 2.20% p.a. | 2.20% p.a. |
12 Months | 3.15% AER | — | — | N/A | 2.20% p.a. |
24 Months | 3.30% AER | — | — | — | — |
36 Months | 3.55% AER | — | — | — | — |
48 Months | 3.65% AER | — | — | — | — |
60 Months | 3.75% AER | — | — | — | — |
Minimum Deposit & Funding Requirement | From HK$1, with no maximum balance cap | HK$10,000 or above | HK$10,000 minimum placement for eligible New Fund via Internet Banking or Mobile Banking | HK$10,000 minimum placement with eligible New Funds | Eligible New Funds |
Source: Publicly available promotional HKD time deposit rates as of 11 June 2026. Rates and eligibility criteria are subject to change.
Earn Interest on Your HKD Every Day
With the iFAST Multi-Currency Current Account, your HKD can earn:
1.80% AER (variable) on HKD balances*
No need to manage multiple products or meet complex monthly requirements to earn interest on your HKD holdings.
Why Consider iFAST Global Bank for HKD Savings?
Interest-Bearing Multi-Currency Current Account
Earn 1.80% AER (variable) on HKD* while managing up to 9 currencies within a single account.
Competitive Fixed Deposit Rates
Earn up to 3.75% AER^ on HKD Fixed Term Deposits, with tenures ranging from 1 month to 60 months.
Start Saving from Just HK$1
Open a HKD Fixed Term Deposit from as little as HK$1.
One Account for Global Banking
Hold, save, exchange, spend and transfer up to 9 currencies through a single account. Whether you regularly travel, support family overseas or manage international finances, a multi-currency banking solution can provide added convenience.
Why Consider iFAST Global Bank for Your HKD Savings?
If you are looking to grow your HKD savings, it may be worth comparing beyond traditional banking options.
With HKD Fixed Term Deposit rates of up to 3.75% AER (Fixed 60 months), a 1.80% AER (variable) HKD current account and the flexibility of a multi-currency banking platform, iFAST Global Bank offers a compelling alternative for customers seeking both competitive returns and convenient global banking.
*Interest rate is as of 17 June 2026. T&Cs apply.
^ Fixed Term Deposits are subject to a fixed term. Early withdrawal restrictions may apply. Terms and conditions apply.
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.
