Blind Ranking
Tap items in order of preference. Pick #1 of 10.
Item A
Standard Chartered offers a 3.40% p.a. USD time deposit for 6 months to its Priority Banking customers. The minimum deposit is USD 2,000. This rate is designed for new deposits and is available via online banking or branches. SC’s global presence and digital tools make it convenient. Suitable for savers with higher balances who value a stable global bank. HKMA deposit protection covers up to HKD 800,000. FX conversion fees apply for HKD-to-USD transfers.
Item B
HSBC’s Premier tier offers a 3.50% p.a. USD time deposit for 3 months on new funds, with a minimum deposit of USD 2,000. This rate is exclusive to HSBC Premier customers and is part of a promotional campaign. HSBC provides extensive branch and online banking support. Ideal for high-net-worth individuals seeking a reliable, established bank. FX conversion from HKD to USD incurs a fee. HKMA protection applies up to HKD 800,000.
Item C
Standard Chartered’s standard USD time deposit offers 2.85% p.a. for 3 months, with a minimum deposit of USD 1,000. This non-promotional rate is available to all SC customers, not just Priority. Ideal for smaller savers who want a simple, accessible USD deposit without high balance requirements. HKMA protection applies up to HKD 800,000. FX conversion fees are around 0.25% spread. Note: the rate is lower than promotional offers elsewhere.
Item D
ZA Bank, Hong Kong’s largest virtual bank, offers a 3.60% p.a. USD time deposit for 6 months with a minimum of USD 1,000. Designed for depositors seeking a medium-term yield, this product requires no tiered status and is open to all ZA Bank customers. The rate is fixed for the tenor and applies to new deposits. ZA Bank’s app-based platform allows instant setup. Under HKMA protection, deposits up to HKD 800,000 are safeguarded.
Item E
Citibank offers a 3.25% p.a. USD time deposit for 6 months to its Citi Priority customers, with a minimum deposit of USD 2,000. The rate is for new funds and is available online or in branches. Citi’s global network and digital tools provide a seamless experience. Suitable for savers with a mid-range budget who want a competitive rate. HKMA deposit protection applies up to HKD 800,000. FX conversion fees from HKD are approximately 0.2% spread.
Item F
HSBC’s standard USD time deposit for HSBC One customers offers 2.70% p.a. for 6 months. Minimum deposit is USD 1,000. This everyday product is accessible without a high balance, making it suitable for general savers. It’s available via HSBC’s app or branches. HKMA deposit protection covers up to HKD 800,000. FX conversion from HKD to USD incurs a 0.25% spread. While the rate is less competitive than promotional offers, it’s a reliable no-frills option.
Item G
Hang Seng Bank offers a 3.10% p.a. USD time deposit for 6 months to its Prestige Banking customers. The minimum deposit is USD 2,000. This promotional rate is for new deposits and can be set up online or at Hang Seng branches. Hang Seng’s extensive local network and bilingual support make it attractive for Hong Kong residents. HKMA deposit protection covers up to HKD 800,000. FX conversion fees from HKD to USD are around 0.2% spread.
Item H
DBS offers a 3.15% p.a. USD time deposit for 3 months to its Treasures customers. Minimum deposit is USD 5,000. This promotional rate applies to new funds. DBS is known for its digital-first approach, with the DBS iBanking platform for easy management. Suitable for savers with higher balances seeking a short-term, secure option. HKMA deposit protection covers up to HKD 800,000. FX conversion from HKD to USD incurs a 0.2% spread.
Item I
Fusion Bank offers a competitive 3.75% p.a. USD time deposit for new funds, with a low minimum deposit of USD 2,000. As a virtual bank, it provides a fully online application process with no branch visits. Ideal for tech-savvy savers seeking a short-term yield boost. The rate is available through the Fusion Bank app and applies to fresh deposits only. Funds are protected under the HKMA Deposit Protection Scheme up to HKD 800,000.
Item J
BOCHK offers a 3.35% p.a. USD time deposit for 3 months to its Wealth Management customers. Minimum deposit is USD 5,000. This promotional rate applies to new funds and is available through BOCHK’s extensive branch network in Hong Kong. Ideal for investors seeking a short-term USD yield with a trusted local bank. HKMA deposit protection covers up to HKD 800,000. FX conversion from HKD to USD incurs a 0.15% spread, among the lowest on this list.