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Top 10 Best Fixed Deposit Rates in Hong Kong (6-Month) — July 2026
Hong Kong fixed deposits remain one of the safest ways to earn a meaningful return on idle HKD savings, and the 6-month tenor sits at the sweet spot between yield and liquidity. Longer tenors (12-24 months) sometimes pay marginally more, but they lock your cash up while rates are still moving; shorter tenors (1-3 months) give flexibility but usually pay 50-150 basis points less. For most savers, 6 months is the right balance — long enough to capture today's elevated APR, short enough to redeploy if HIBOR moves again. When comparing the offers below, look at four things in this order: (1) the headline annualised percentage rate (APR), (2) the minimum deposit required to qualify for that APR — some banks advertise headline rates that only apply to balances above HKD 500,000 or to "new funds" only, (3) the early-withdrawal penalty, which can wipe out months of interest if you need the cash, and (4) whether the rate is for HKD only or also offered on USD/CNY. Promotional rates from virtual banks (WeLab, Mox, ZA Bank) are often the most competitive but cap at lower deposit amounts; traditional banks (HSBC, Standard Chartered, Hang Seng, DBS) offer higher caps but more conservative rates. Rates change monthly as HIBOR shifts and banks adjust their funding mix. The list below reflects the best publicly available rates as of May 2026 — always confirm directly with the bank before depositing, and watch for promotional periods that can add 50-100 basis points on top of the standard rate. Last updated: May 2026.
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**WeLab Bank GoSave 2.0** offers a 6-month HKD time deposit at **2.65% p.a.**, opened from as little as HK$10, with interest paid at maturity. WeLab is one of Hong Kong's licensed virtual banks (est. 2020), HKMA-regulated to the same standard as traditional banks, and deposits are protected by the Hong Kong Deposit Protection Scheme up to **HK$800,000 per depositor**. Placement and renewal are done in the app with no branch visit required. Also available: 3-month (2.10%) and 12-month (2.75%) tenors. Deposit rates move frequently - confirm the current published rate with the bank before placing funds.
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**Fubon Bank Hong Kong**, the retail banking arm of Taiwan's Fubon Financial Holding, offers one of the highest 6-month HKD fixed deposit rates among traditional licensed banks at **2.65% p.a.** as of May 2026. Minimum deposit is **HK$500,000**, making this product targeted at high-net-worth individuals and corporate treasurers. Fubon also offers USD 6-month deposits at 3.65% (minimum USD 65,000). In addition to HKD, deposits are accepted in RMB, USD, GBP, CAD, AUD, NZD, and EUR. Deposits are protected under the DPS up to **HK$800,000 per depositor**. For large depositors who prefer the regulatory framework of a traditional licensed bank, Fubon delivers the best 6-month HKD rate in its category as of May 2026. While WeLab Bank matches this rate with a far lower minimum, Fubon provides proven branch infrastructure and multi-currency flexibility that virtual banks lack, ensuring stability for larger sums.
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There is **no minimum deposit**: you can place a time deposit for as little as HK$1. Account opening is fully app-based and takes under 5 minutes with no branch visits. Fusion is HKMA-licensed and supports HKD, CNY, and USD deposits across multiple tenors. Deposits are fully protected under the DPS up to **HK$800,000 per depositor** (enhanced limit effective October 2024). The Tencent integration provides seamless cross-border payment capabilities for HK-Mainland savers. Interest is paid at maturity. Ideal for retail investors seeking strong returns with zero lock-up minimums and a trusted backing from a global tech leader.
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There is **no minimum deposit**. AirStar is one of Hong Kong's eight HKMA-licensed virtual banks and focuses on cross-border connectivity, particularly attractive for users with Mainland China financial ties. Account opening is fully digital. Deposits are covered by the DPS up to **HK$800,000 per depositor**. AirStar's 12-month rate leads at 2.70% p.a. in May 2026. The app is rated among the most user-friendly in HK's virtual banking space. Best suited for tech-forward savers who want competitive yields, no minimums, and strong cross-border banking utility.
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OCBC Hong Kong ties with Mox Bank at 2.50% p.a. for 6-month HKD time deposits as of May 2026, but requires new funds and a minimum fresh placement of HK$200,000. This rate outperforms the Big Three (HSBC, Hang Seng, Standard Chartered) by up to 0.40 percentage points. OCBC is a Singapore-headquartered bank with strong HK market presence and HKMA authorization, offering online placement via app and internet banking. Deposits are protected under the DPS up to HK$800,000 per depositor, and interest is paid at maturity. Ideal for customers seeking large-bank safety with competitive rates.
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Mox Bank matches OCBC at 2.50% p.a. for 6-month HKD time deposits as of May 2026, but with zero minimum deposit and no early withdrawal fees – a combination no other bank on this list offers. Backed by Standard Chartered, PCCW, HKT, and Trip.com, Mox provides institutional-grade security with fully digital 24/7 placement via app. Deposits are covered under the DPS up to HK$800,000 per depositor. A top pick for digital-first professionals.
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Nanyang Commercial Bank offers 2.40% p.a. for 6-month HKD time deposits as of May 2026, which is 0.10 percentage points lower than OCBC and Mox Bank. However, NCB raises the rate to 2.60% p.a. for deposits of HK$1 million or more, outperforming its own standard offer and many rivals. Minimum deposit for the preferential rate is HK$100,000. NCB is an HKMA-licensed traditional bank backed by Chinese state capital, with over 50 branches across Hong Kong, appealing to risk-averse investors. Deposits are protected under the DPS up to HK$800,000 per depositor, and seamless RMB services are available.
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Syfe Cash+ Fixed offers 2.40% p.a. for a 6-month HKD fixed-yield product with zero minimum investment as of May 2026, matching Nanyang Commercial Bank's standard rate. Unlike bank deposits, this SFC-licensed fintech product is not covered by the Hong Kong Deposit Protection Scheme, but client assets are held separately from Syfe's corporate accounts. Funds can be redeemed within 1-2 business days with zero management fees. Other tenors include 1-month (1.90%), 3-month (2.05%), and 12-month (2.60%). Digital onboarding takes under 10 minutes. Suited for investors comfortable with a non-bank structure who prioritize yield and flexibility over DPS coverage.
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**Bank of East Asia (BEA)** offers a 6-month HKD time deposit at **2.40% p.a.** with a minimum deposit of **HK$10,000**, which is low for a traditional Hong Kong bank. Founded in 1918 and operating over 60 branches across Hong Kong, BEA carries Deposit Protection Scheme coverage up to **HK$800,000** per depositor. Online and mobile banking enable 24/7 deposit placement, and the bank also supports time deposits in USD, RMB, EUR, AUD, and other major currencies.
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**Livi Bank** delivers a solid 6-month HKD time deposit rate of **2.30% p.a.** for deposits of **HK$50,000 and above** as of May 2026. Backed by BOC Hong Kong, JD.com, and Jardine Matheson, Livi is one of eight HKMA-licensed virtual banks and offers seamless cross-account transfers for BOCHK customers. Deposits are fully covered by the DPS up to **HK$800,000 per depositor**. Livi has expanded its wealth management features in 2026, and the app supports both English and Chinese. Interest is paid at maturity, making this a straightforward, data-driven option for mid-tier savers.
Hong Kong Fixed Deposit FAQs
What is a fixed deposit? A fixed deposit (also called a time deposit) is a savings account where you place a lump sum with a bank for an agreed period — here, 6 months — in return for a guaranteed interest rate. At the end of the term the bank returns your original amount plus the interest earned.
Are my savings protected? Yes. Deposits held with licensed banks in Hong Kong are protected up to HK$500,000 per depositor under the [Hong Kong Deposit Protection Scheme](https://www.dps.org.hk/en/index.html), administered by the Hong Kong Monetary Authority (HKMA).
How were these rates verified? All rates were sourced directly from each institution's published rate page or mobile app as of July 2026. Fixed deposit rates change frequently — always confirm the live rate on the bank's own website before placing funds.
Can I withdraw before 6 months? Most banks permit early withdrawal but will reduce or cancel the interest owed. Check your chosen bank's early-redemption policy before committing.
Image credits
- Fubon Bank — 2.65% p.a. (6-Month HKD): Cara Chow ( Charlotte1125 ) / CC BY-SA 2.5 (entity-adopted)
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Frequently asked questions
What are the best 6-month fixed deposit rates in Hong Kong as of May 2026?
Rates vary by bank and deposit amount, but the top rates for a 6-month term in May 2026 are around 4.5% to 5% per annum for HKD deposits, with promotional offers from virtual banks and smaller lenders often leading the market.
How do I compare fixed deposit rates across Hong Kong banks?
Compare annualized interest rates, minimum deposit requirements, whether the rate is promotional or standard, and any fees or early withdrawal penalties listed on each bank’s official website or the Hong Kong Monetary Authority’s rate table.
Is there a minimum deposit for opening a 6-month fixed deposit in Hong Kong?
Yes, most banks require a minimum deposit, typically ranging from HKD 1,000 for online accounts to HKD 10,000 or more for promotional rates; some virtual banks may allow deposits as low as HKD 100.
Are fixed deposit interest earnings in Hong Kong subject to tax?
No, interest earned on fixed deposits in Hong Kong is not subject to personal income tax, but if you are a corporation or earn substantial interest, it may be subject to profits tax or withholding tax under specific circumstances.
What happens if I withdraw my 6-month fixed deposit early in Hong Kong?
Early withdrawal typically results in forfeiture of all accrued interest and may incur a penalty fee, usually equivalent to a portion of the principal or a reduced interest rate well below the original offer.
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