Deposits2026Latest Comparison of Bank Fixed Deposit Interest Rates

A time deposit is a financial product typically offered by banks and available in various currencies, such as Hong Kong dollars or U.S. dollars. It is a form of savings in which you place a lump sum into a fixed-term account with the bank and agree not to withdraw the funds for a specified period—known as the term of the deposit. Common terms include 7 days, 1 month, 3 months, 6 months, and 1 year, depending on your needs. During this period, the deposited amount earns a predetermined interest rate. Upon maturity, you can withdraw both your principal and the accumulated interest.

How is interest calculated on a time deposit?

The interest on a time deposit is calculated as follows:

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

• Case study

  Suppose you open a Hong Kong dollar time deposit with a bank, depositing HKD 10,000 for a term of 365 days (one year), and the bank offers an annual interest rate of 5%.

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

  In other words, your one-year term deposit will earn interest of HKD 500. However, different banks and financial institutions may apply varying methods and rules for calculating interest.

  Therefore, before opening a term deposit, be sure to confirm the specific interest‑rate calculation methods and rules with your bank or financial institution.

Comparison of Bank Fixed Deposit Interest Rates

Principal protectionstructured productsAnnualized returns as high as 8%*

Hong Kong dollar interbank offered rate (HIBOR) has continued to decline since early May, and many banks have further reduced their fixed deposit rates. Investors are increasingly seeking other relatively stable yet high-yielding investment products. Futu currently offers retail investors a variety of principal-protected structured products, with 100% principal guarantee at maturity and an entry threshold as low as HK$100,000, delivering annualized returns of up to 8%*. However, structured products differ from deposits, so it's essential to thoroughly understand the operational details before investing.

*The maximum annualized yield of 8% (with an actual yield of 4% from a 6-month-term product) refers to the highest annualized yield offered among the structured products on the Futu platform, with data as of May 22, 2025. Yield information is for reference only; past performance does not guarantee future results. Annualized yield = actual yield / lock-up period in months × 12. The annualized yield is purely hypothetical and does not represent actual returns.

Futu Cash Treasure: Flexible and profitable

The uncertainty of the situation has left some conservative investors concerned about the stock market's future trajectory. In the face of a persistently volatile market environment,Money market fundCould this be another investment avenue worth watching? Money market funds primarily invest in short-term financial instruments—such as government bonds, corporate short-term bonds, bank time deposits, and commercial paper—making them less volatile than the stock market. Investors can also subscribe to or redeem their holdings at any time, ensuring liquidity. Money market funds are renowned for their low risk, limited volatility, and high liquidity.

Futu Cash Treasure, helping you turn your spare cash into returns. Cash Treasure is the umbrella brand for Futu's money market funds. The money market funds under the Cash Treasure brand primarily invest in highly secure monetary instruments such as government short-term bonds and bank time deposits. With relatively short investment horizons and high stability, they are suitable for all types of investors, especially conservative ones.

• Low entry barrier: Subscriptions start as low as HK$0.01, so you can invest even with just $100.

• High flexibility: You can buy or withdraw funds at any time to suit your cash flow needs, and you can trade whenever you like.

Whether you're looking to enter the market or secure stable returns, you can reallocate your funds right away and seize opportunities to grow your cash.

• Ideal and stable returns

Monthly Stock Purchase Plan

However, if you're considering entering the stock market but are concerned about market volatility, dollar-cost averaging—investing regularly in stocks—can be a sound strategy. By committing a fixed amount at regular intervals, regardless of whether prices are high or low, you can purchase shares at an average price, thereby mitigating the impact of market fluctuations.Futu Monthly Investment Plan for Hong Kong and U.S. StocksWith contributions as low as HKD 1,000 or USD 10 per installment, you can purchase designated Hong Kong and U.S. stocks! Investors can choose from various contribution schedules, such as monthly or weekly payments, and adjust their plans at any time. You can also opt for monthly investments in Hong Kong and U.S. stock ETFs that track broader market trends, capturing gains in globally popular sectors. By investing on a regular, fixed‑amount basis, you can help mitigate market risk.

*The 3.6% average return is based on the average one-year gain of all USD-denominated money market funds on the Futu platform that have been established for at least one year, with data as of May 20, 2026. Past performance is for reference only; a fund's historical results do not guarantee future performance.