[Time Deposit Interest Rates 2025] Latest comparison of Bank Hong Kong dollar fixed deposit interest rates

Term deposits are a type of financial product typically offered by banks and can support different currencies such as Hong Kong dollars, US dollars, etc. It is a method of saving where you deposit a sum of money into a term account opened at the bank and agree to not use that amount for a specific period (known as the deposit term), with common deposit terms being 7 days, 1 month, 3 months, 6 months, 1 year, etc., depending on your needs. During this period, the deposited amount will earn a predefined interest. Once the deposit term ends, you can retrieve the principal and the accumulated interest.

How is the interest for term deposits calculated?

The method for calculating interest on term deposits is as follows:

Interest = Deposit Amount × Annual Interest Rate × Deposit Days / 365 (or 366)

• Example

  Assuming you made a Hong Kong dollar term deposit at a bank, depositing HKD 10,000 for a deposit term of 365 days (one year) with an annual interest rate of 5% offered by the bank.

  According to the formula above, the interest is calculated as follows: Interest = 10,000 × 0.05 × 365 / 365 = HKD 500.

  That is, your term deposit after one year will earn interest of HKD 500. However, different banks or financial institutions may have different methods and rules for calculating interest.

  So before making a fixed deposit, remember to verify the specific interest rate calculation method and rules with the Bank or Financial Institutions.

Comparison of fixed deposit interest rates at banks.

Capital protection.Structured products. Annualized return up to 8%*.

The Hong Kong Interbank Offered Rate (HIBOR) has continued to decline since early May, leading many banks to reduce their fixed deposit rates. Investors are increasingly seeking other relatively stable and high-yield investment products. Futu currently offers various capital-protected structured products for retail investors, with a 100% principal guarantee at maturity, requiring an entry of as low as 0.1 million HKD, and an annualized yield of up to 8%*! However, structured products are different from deposits, so it is essential to fully understand the operational details before investing.

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*The highest annualized return of 8% (actual return of 4% comes from 6-month term products) refers to the highest annualized return among the structured products available on the Futu platform, with data as of May 22, 2025. The return information is for reference only, and past data does not predict future returns. Annualized return = actual return/lock-in term months x 12. The annualized return is hypothetical and not actual returns.

Futubull Cash Treasure is flexible and profitable.

The uncertainty of Trump's policies has caused some conservative investors to feel concerned about the future direction of the stock market. In the face of persistent market volatility,money market fundsmay be another investment direction to consider? Money market funds primarily invest in short-term financial products, such as government bonds, corporate short-term bonds, bank fixed deposits, and bills, which are fixed income instruments and therefore do not fluctuate like the stock market. Investors can also subscribe and redeem funds at any time to maintain liquidity. Money market funds are known for their low risk, low volatility, and high liquidity.

Futubull Cash TreasureIt helps turn idle cash into returns. Cash Treasure is a collective term for the money market funds brand of Futu, whose funds mainly invest in short-term government bonds, time deposits, and other high-security monetary instruments. The investment period is relatively short with high stability, making it suitable for all types of investors, especially conservative ones.

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USD money market funds average return of 4.5% * +5% account opening bonus ^.

*The offer is subject to terms and conditions.

Regular Savings Plan

However, if considering entering the stock market but worried about market fluctuations, regularly investing in stocks and utilizing the Average Cost method may be a good strategy. By investing a fixed amount at regular intervals, regardless of whether the market price is high or low, stocks can be purchased at an average price, reducing the impact of market volatility.Futu Regular Savings Plan for Hong Kong and US StocksWith contributions starting as low as HKD 1000/USD 10, you can Buy designated Hong Kong and US stocks! Investors can choose from various options for monthly or weekly contributions and can modify the plan at any time. You can also opt for a Regular Savings Plan for Hong Kong and US Stocks ETF to track market trends and capture the gains of popular sectors worldwide! By investing a fixed amount at regular intervals, market risk can be reduced.

*4.5% Average return is derived from the average increase of USD money market funds on the Futu platform that have been established for more than one year, with data as of May 30, 2025. Historical returns are for reference only, and past performance of the funds cannot predict future performance. Even if positive distribution income is recorded, it does not mean positive returns can be achieved.

^5% account opening reward applies to all funds on the Futu platform and cannot be combined with other new customer promotional rewards. Offers are subject to terms and conditions.

"Futubull" is a one-stop financial investment trading platform. Securities services and this advertisement are provided by Futu Securities International (Hong Kong) Limited. This content does not constitute any offer, solicitation, recommendation, opinion, or guarantee of any securities, financial products, or instruments, and has not been reviewed by the Hong Kong Securities and Futures Commission. Investment involves risks, and investors should carefully read fund information and related documents (including risk factors). Investors are advised that the prices of fund products can rise or fall and may fluctuate significantly in a short period. Investors may not be able to recover their investment in the funds, and past performance of funds cannot predict future performance. Any similar forward-looking statements in this document should not be regarded as a guarantee of future performance, and actual circumstances or developments may deviate significantly from such statements.