<p><strong>【Time Deposits/Fixed Deposits/High-Interest Fixed Deposits】</strong> As we enter 2026, with the year-end effect dissipating, the Hong Kong dollar interbank offered rate (Hibor) has fallen across the board, with the 1-month Hibor reported at 2.6225% last Friday, significantly lower than the 3% level. At the same time, several banks in Hong Kong have also seen a decline in the interest rates offered for Hong Kong dollar fixed deposits, including Fubon Bank, Dah Sing Bank, Chiyu Bank, and Fubon Bank. However, some banks continue to offer high-interest rates to attract new customers, with PAObank offering a 1-month Hong Kong dollar fixed deposit promotion at 16%. Meanwhile, ICBC (Asia) maintains a 3% interest rate for new customers on 3-month fixed deposits.</p>
<h2>Comparison of Time Deposit Interest Rates | Which Bank Offers Higher Fixed Deposit Interest?</h2>
<h3>．PAObank Offers New Customers 16% Interest Promotion</h3>
<p>PAObank currently offers a 3-month Hong Kong dollar fixed deposit interest rate of 2.9%, with 6-month and 12-month rates at 2.8% and 2.7%, respectively, with a minimum deposit of HKD 100, and no restrictions on new or existing funds. For US dollar fixed deposits, the interest rates for 3, 6, and 12 months are uniformly 2.9%.</p>
<p>Additionally, new personal customers opening an account can enjoy high-interest promotions. From now until January 31, eligible personal customers using the referral code &#34;PR2026&#34; to open a PAObank personal savings account and create a 1-month Hong Kong dollar fixed deposit can enjoy a high-interest rate of 16% on the first HKD 50,000.</p>
<p>As for existing customers, by using the PAObank personal banking mobile app, they can lock in a 1-month or 3-month US dollar fixed deposit labeled with &#34;Foreign Currency Exchange Promotion&#34; on the &#34;US Dollar Time Deposit&#34; page, enjoying annual interest rates of up to 5.9% or 4.2%, respectively, although the quota is limited.</p>
<h3>．ICBC (Asia) New Customers 3-Month 3%</h3>
<p>For customers opening or holding an ICBC Wealth or Financial Management account and using new funds to open a Hong Kong dollar fixed deposit at the branch, the rates are 2.9% for 98 days and 2.5% for 188 days, with a minimum deposit of HKD 800,000 or more. For retail banking personal customers, the minimum deposit is HKD 50,000, with rates of 2.85% and 2.45% for 98 days and 188 days, respectively. For US dollar fixed deposits, the bank offers a maximum of 3.5% and 3.45% for 98 days or 188 days, with a minimum deposit of USD 100,000 or more; if the minimum deposit is USD 15,000 or more, the rates drop to 3.45% and 3.4%, respectively.</p>
<p>Additionally, new ICBC Wealth customers who deposit HKD 3 million or more at the branch for a 3-month Hong Kong dollar fixed deposit can enjoy a maximum interest rate of 3%. For new Financial Management, Financial Management e-Generation, or Comprehensive customers, the maximum for 3 months is 2.95%, with a minimum deposit of HKD 100,000 or more.</p>
<h3>．Mox Fixed Deposit 36 Months at 3%</h3>
<p>Mox Bank offers a 3-month and 6-month Hong Kong dollar fixed deposit interest rate of 2.5% and 2.4%, respectively, with a 12-month rate of 2.8%, and a minimum deposit of HKD 1. Additionally, the bank is one of the few in the market offering 36-month and 48-month Hong Kong dollar fixed deposits, with interest rates of 3% and 2.9%, respectively
In terms of USD fixed deposits, the bank offers an interest rate of 3.35% for a 1-month term, 3.3% for a 2-month term, and 3.25% for a 3-month term, while the rates for 6-month and 12-month terms are 3.25% and 3.1%, respectively.</p>
<h3>．Nanyang Commercial Bank 3-month fixed deposit at 2.9%</h3>
<p>Nanyang Commercial Bank offers the highest interest rate of 2.9% for a 3-month Hong Kong dollar fixed deposit, with a minimum deposit of HKD 100,000, applicable to both wealth management clients and general clients. The bank's interest rates for 4-month, 6-month, and 12-month terms are 2.85%, 2.7%, and 2.3%, respectively.</p>
<p>For USD fixed deposits, selected wealth management clients can enjoy rates of 3.7% and 3.75% for 1-month and 3-month terms, while the rates for 6-month and 12-month terms are 3.7% and 3.4%, respectively. For general wealth management clients, the rates for 1, 3, 6, and 12-month terms are 3.6%, 3.65%, 3.6%, and 3.3%, with a minimum deposit equivalent to HKD 100,000.</p>
<h3>．OCBC Wing Hang Bank 3-month at 2.8%</h3>
<p>OCBC Wing Hang Bank offers interest rates of 2.65% and 2.8% for 1-month and 3-month Hong Kong dollar fixed deposits, while the rates for 6-month and 12-month deposits are 2.6% and 2.5%, respectively, available only to wealth management clients with a minimum deposit of HKD 100,000 in new funds. For general individual clients, the rates for 1-month and 3-month fixed deposits are 2.55% and 2.6%, while the rates for 6-month and 12-month deposits are 2.5% and 2.4%, with a minimum deposit of HKD 500,000 in new funds.</p>
<p>As for USD fixed deposits, the rates for 3-month and 6-month terms are 3.75% and 3.5%, while the 12-month rate is 3%, with a minimum deposit equivalent to HKD 100,000 in new funds, available only to wealth management clients. For individual clients, the rates for 3-month, 6-month, and 12-month terms are 3.6%, 3.38%, and 2.9%, respectively.</p>
<h3>．Fubon Bank 3, 4, and 6-month rates drop to 2.8%</h3>
<p>Fubon Bank has reduced the interest rate for 3-month Hong Kong dollar fixed deposits to 2.8%, with the rates for 4-month and 6-month also dropping to 2.8%. The rates for 1-month and 2-month deposits are 2.5%, while the 12-month rate is 2.6%, with a minimum deposit of HKD 500,000, applicable to both new and existing funds, and must be applied through the Fubon+ mobile application.</p>
<p>For USD fixed deposits, the interest rate for a 3-month term is 3.7%, while the rates for 1-month and 2-month terms are 3.5% and 3.65%, respectively. The rates for 4-month, 6-month, and 12-month terms are 3.5%, 3.45%, and 3.4%, with a minimum deposit of USD 65,000 or more.</p>
<h3>．Dah Sing Bank 3 and 6-month rates drop to 2.7%</h3>
<p>Dah Sing Bank offers VIP clients a reduced interest rate of 2.7% for 3-month and 6-month Hong Kong dollar fixed deposits, with a 12-month rate of 2.4%, requiring a minimum deposit of HKD 200,000. For general clients, the maximum rates for 3-month and 6-month terms are 2.6%, while the 12-month rate is 2.3%, but a minimum deposit of HKD 1,000,000 is required. If the deposit amount is between HKD 200,000 and HKD 1,000,000, the rates for all terms are 0.1% lower
In terms of USD fixed deposits, VIP clients can enjoy a maximum interest rate of 3.5 cents for 3 months and 3.4 cents for 6 months, with a minimum deposit of HKD 1 million or above; for general clients, the maximum rates are 3.2 cents and 3.1 cents for 3 months and 6 months, respectively, with a minimum deposit also required to be HKD 1 million.</p>
<h3>．Chiyu Bank 3-month rate drops to 2.65 cents</h3>
<p>Chiyu Bank's 3-month HKD fixed deposit rate has dropped to 2.65 cents, with 4 months at 2.55 cents, and 6 months and 12 months at 2.45 cents and 2 cents, respectively. The minimum deposit is HKD 1 million to HKD 50 million in new funds; if the deposit amount is between HKD 200,000 and HKD 1 million, the interest rates for 3, 4, 6, and 12 months are 2.45 cents, 2.35 cents, 2.15 cents, and 1.8 cents, respectively. The above offers are only applicable at branches.</p>
<p>For USD fixed deposits, the interest rates for 3, 6, and 12 months are 3.55 cents, 3.45 cents, and 3 cents, respectively, with a minimum deposit of USD 125,000 to USD 10 million in new funds; if the deposit amount is between USD 30,000 and USD 125,000, the interest rates for 3, 6, and 12 months are 3.25 cents, 3.1 cents, and 2.7 cents, which are also only applicable at branches.</p>
<h3>．Fusion Bank 3-month rate drops to 2.6 cents</h3>
<p>Fusion Bank has reduced the interest rate for existing clients' 3-month HKD fixed deposits to 2.6 cents; the rates for 6 months and 12 months are 2.5 cents and 2 cents, with a minimum deposit of HKD 1. For USD fixed deposits, the bank offers rates of 3.7 cents, 3.5 cents, and 3.3 cents for 3, 6, and 12 months, respectively.</p>
<p>Additionally, the bank has launched a &#34;foreign currency exchange transaction&#34; fixed deposit offer, where clients can enjoy an additional 2 cents interest coupon if they exchange HKD for USD or RMB, or vice versa. However, it is important to note that the deposit limit is based on the foreign currency amount purchased in the client's foreign currency exchange transaction, the deposit period is 1 month, and the deposit currency is the currency purchased in the foreign currency exchange transaction.</p>
<h3>．Starling Bank 6-month rate at 2.55 cents</h3>
<p>Starling Bank has increased the interest rates for 3-month, 4-month, and 6-month HKD fixed deposits to 2.4 cents, 2.45 cents, and 2.55 cents, respectively, while the rates for 9 months and 12 months are 2.15 cents and 2.25 cents, with a minimum deposit of HKD 1,000. For USD fixed deposits, the bank offers rates of 3.05 cents for both 3 months and 4 months, and 3.1 cents and 3.15 cents for 6 and 9 months, with 12 months also at 3.15 cents.</p>
<h3>．WeLab Bank HKD fixed deposit at 2.5 cents</h3>
<p>WeLab Bank offers HKD fixed deposits at 2.5 cents for 3, 6, and 12 months. Additionally, the bank provides long-term fixed deposits for 18 and 24 months at an interest rate of 2.25 cents, with a minimum deposit of HKD 10
In terms of USD fixed deposits, the rates are 0.03% for 1 month, and 0.335%, 0.33%, and 0.02% for 3, 6, and 12 months respectively, with a minimum deposit of $10.</p>
<h3>．Bank of East Asia 0.025% for 3 months</h3>
<p>The online fixed deposit rates for Hong Kong dollars at Bank of East Asia are 0.025% for 3 months and 0.024% for 6 months, with a minimum deposit of HKD 10,000 in new funds, applicable to Premier Wealth Management or Wealth Management customers; while for Supreme Wealth Management customers, BEA GOAL, or other personal integrated accounts, the maximum rates are 0.0245% and 0.0235% respectively. For the 12-month term, the maximum rate for Premier Wealth Management or Wealth Management customers is 0.022%, while for Supreme Wealth Management customers, BEA GOAL, or other personal integrated accounts, it is 0.0215%.</p>
<p>In terms of USD fixed deposits, the rates are 0.034% and 0.032% for 3 and 6 months respectively, and 0.029% for 12 months, applicable to Premier Wealth Management or Wealth Management customers; if it is for Supreme Wealth Management customers, BEA GOAL, or other personal integrated accounts, the rates for 3, 6, and 12 months are 0.0335%, 0.0315%, and 0.0285% respectively. The minimum deposit must be $1,000 or more.</p>
<h3>．CITIC International 0.025% for 3 months</h3>
<p>CITIC Bank (International) offers new and existing customers a fixed deposit rate of 0.025% for 3 months when opening new funds through &#34;inMotion Dynamic Banking,&#34; with rates of 0.021% and 0.018% for 6 and 12 months respectively, with a minimum deposit of HKD 100,000 in new funds. If the minimum deposit is HKD 10,000, the rates for 3, 6, and 12 months are 0.0235%, 0.02%, and 0.0175% respectively.</p>
<p>In terms of USD fixed deposits, the rates are up to 0.0335% and 0.0325% for 3 and 6 months, and 0.031% for 12 months, with a minimum deposit of $10,000 in new funds.</p>
<h3>．Livi Bank fixed deposit 0.025% for 3 months</h3>
<p>Livi Bank's fixed deposit rate for Hong Kong dollars is reduced to 0.025% for 3 months, remains at 0.025% for 4 months, and is 0.023% for 6 months, while 9 months and 12 months are at 0.02%, with a minimum deposit of HKD 50,000 or more; if the minimum deposit is between HKD 500 and below HKD 50,000, the rates for 3 and 4 months are 0.011% and 0.012%, while for 6 and 9 months it is 0.013%, and for 12 months it is 0.016%.</p>
<p>In terms of USD fixed deposits, the rates are 0.036%, 0.035%, and 0.032% for 3, 6, and 12 months respectively.</p>
<h3>．Ant Bank 0.025% for 6 months</h3>
<p>Ant Bank offers a fixed deposit rate of 0.02% for 1 month, 0.023% for 3 months, and 0.025% for 6 months, while 9 months and 12 months are at 0.023%, with a minimum deposit of HKD 1. In terms of USD fixed deposits, the rate for 1 month is 0.038%, while the rates for 3, 6, 9, and 12 months are all 0.03%</p>
<h3>．China Construction Bank (Asia) 3-month rate drops to 2.45%</h3>
<p>China Construction Bank (Asia) customers can open a 3-month fixed deposit with qualified new funds at an interest rate of 2.45%, with a minimum deposit of HKD 1 million or more. For USD fixed deposits, the 3-month interest rate is 3.55%, with a minimum deposit of USD 100,000 or more.</p>
<h3>．Public Bank 6-month rate at 2.45%</h3>
<p>Public Bank's HKD fixed deposit for 3 months is at 2.4%, 6 months at 2.45%, and 12 months at 2.2%, with a minimum deposit of HKD 500,000, applicable to both new and old funds, and must be processed through electronic banking. If the minimum deposit is between HKD 100,000 and HKD 500,000, the rates for 3 months and 6 months are 2.35% and 2.4% respectively, while the 12-month rate is 2.45%; for deposits between HKD 10,000 and HKD 100,000, the rates for 3 months, 6 months, and 12 months are 2.3%, 2.35%, and 2.1% respectively.</p>
<h3>．Standard Chartered Bank 12-month rate at 2.45%</h3>
<p>Standard Chartered Bank's general 3-month fixed deposit interest rate is 2.3%, with 6 months and 12 months at 2.4% and 2.45% respectively, with a minimum deposit of HKD 10,000 in new funds. For USD fixed deposits, the 3-month and 6-month rates are 3.2%, and the 12-month rate is 2.9%, with a minimum deposit of USD 2,000 or more in new funds.</p>
<h3>．HSBC 3 and 6-month rate at 2.4%</h3>
<p>HSBC's 3-month and 6-month HKD fixed deposit interest rates are 2.4%, suitable for wealth management customers, HSBC One, and other customers, with a minimum deposit of HKD 10,000 in new funds. For USD fixed deposits, HSBC wealth management customers have rates of 3.4%, 3.3%, and 3% for 3 months, 6 months, and 12 months respectively; HSBC One and other customers have rates of 3.2%, 3.1%, and 2.8%, with a minimum deposit of USD 2,000 or more in new funds.</p>
<p>In addition, HSBC continues to offer a 1-month HKD fixed deposit with a maximum rate of 10%, with a minimum deposit of HKD 10,000, but requires joining &#34;Transaction Hub&#34; and completing at least one transaction per month. It is worth noting that the more the monthly transaction amount, the lower the brokerage commission, and the higher the maximum limit for the 10% interest fixed deposit, with monthly transaction amount requirements ranging from HKD 1 to HKD 40 million, commissions from 0.01% to 0.25%, and fixed deposit limits from HKD 10,000 to a maximum of HKD 4 million.</p>
<h3>．Hang Seng Bank 3 and 6-month rate at 2.4%</h3>
<p>Hang Seng Bank's 3-month and 6-month fixed deposit interest rates are 2.4%, which must be opened through online banking, applicable to Premier Wealth Management, Wealth Management, Advance Wealth Management, or Integrated Accounts, with a minimum deposit of HKD 10,000 in new funds. For USD fixed deposits, the 3-month and 6-month rates are both 3.5%, with a minimum deposit of USD 2,000 or more</p>
<h3>．Bank of China (Hong Kong) 3-month 2.4 cents</h3>
<p>Bank of China (Hong Kong) offers a 3-month time deposit interest rate of 2.4 cents, while the 6-month rate is 2.2 cents, with a minimum deposit of HKD 10,000, which must be opened through online banking or mobile banking. This is applicable not only to private wealth and Bank of China wealth management clients but also to Smart Wealth Management, Easy Wealth Management, and other individual clients.</p>
<p>For USD time deposits, private wealth and Bank of China wealth management clients can enjoy a 3-month time deposit interest rate of 3.5 cents, while the 6-month deposit rate is 3.3 cents; for Smart Wealth Management, Easy Wealth Management, and other individual clients, the rate is 0.2 cents lower, with a minimum deposit of USD 1,000.</p>
<h3>．DBS Bank 3-month 2.4 cents</h3>
<p>DBS Bank offers an online 3-month Hong Kong dollar time deposit interest rate of 2.4 cents, with 6-month and 12-month rates at 2.3 cents and 2.2 cents respectively, with a minimum deposit of HKD 50,000, applicable to DBS Treasures and private clients, as well as general DBS clients.</p>
<h3>．ZA Bank 12-month time deposit 2.01 cents</h3>
<p>ZA Bank's Hong Kong dollar time deposit rates are 0.51 cents for 3 months, 0.61 cents for 4 months, and 1.61 cents and 2.01 cents for 6 and 12 months respectively; for USD time deposits, the 4-month deposit interest rate is 3.11 cents.</p>
<p>Additionally, the bank has a &#34;Rate Increase Tuesday&#34; event, where users can receive 4 deposit rate increase coupons every Tuesday, along with a base annual interest rate of 0.1 cents, with a maximum rate of up to 9 cents; if users invite friends to complete specified actions, and the friend's progress reaches 100% on Tuesday, they can receive &#34;additional rate increase coupons,&#34; potentially resulting in a maximum interest rate of 18 cents after the increase. However, the limits, terms, rates, and validity of the rate increase coupons are subject to the content displayed on the coupons, with the promotion period ending on March 31.</p>
<h2>Federal Reserve Meeting Schedule | How much will the U.S. cut rates?</h2>
<p>According to the CME FedWatch Tool, the probability of the Federal Reserve cutting rates by 0.25 cents in January 2026 is only 16.6%, while the probability of maintaining the current rate is 83.4%.</p>
<h2>Below is the Federal Reserve's meeting schedule for 2026:</h2>
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<td>January 2026</td>
<td>January 28</td>
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<td>March 18</td>
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<td>April 29</td>
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<td>June 17</td>
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<td>July 29</td>
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<td>September 16</td>
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<td>October 28</td>
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<td>December 9</td>
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<p>In 2026, the Hong Kong dollar time deposit interest rates generally fell, with the 1-month Hibor dropping to 2.6225 basis points. Several banks reduced their time deposit rates, but PAObank launched a 1-month time deposit at 16 basis points to attract new customers, while ICBC Asia maintained a 3 basis points rate for its 3-month time deposit. PAObank's 3-month Hong Kong dollar time deposit interest rate is 2.9 basis points, and the US dollar time deposit interest rate is also 2.9 basis points. ICBC Asia's 98-day and 188-day time deposit rates are 2.85 basis points and 2.45 basis points, respectively, with the US dollar time deposit rate reaching up to 3.5 basis points</p>

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Fixed Deposit Strategy | Fixed deposit interest rates will drop in 2026, with a maximum of 3% for 3 months, while one institution offers 1.6% to attract customers