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 the Hong Kong dollar and the U.S. dollar. It is a form of savings in which you place a lump sum of money into a bank–opened time deposit account and agree not to withdraw it for a specified period, known as the deposit term. Common deposit 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 prearranged interest rate. Upon maturity of the deposit term, you can withdraw both the 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 Deposit Days / 365 (or 366)

• Case

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

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

  In other words, your one-year time deposit will earn HKD 500 in interest. However, different banks and financial institutions have varying methods and rules for calculating interest.

  Therefore, before opening a time deposit, be sure to verify the specific interest-rate calculation method and applicable rules with the bank or financial institution.

Comparison of Bank Fixed Deposit Interest Rates

Principal protectionStructured productsAnnualized yield as high as 8%*

Hong Kong Interbank Offered Rate (HIBOR) has continued to decline since early May, leading to further reductions in fixed deposit interest rates at many banks. Investors are therefore seeking other relatively stable and high-yield investment products. Futu currently offers retail investors a variety of principal-protected structured products with a 100% guarantee of principal repayment at maturity, requiring as little as HK$100,000 to invest, and delivering annualized returns as high as 8%*! However, structured products differ from deposits, so it is essential to fully understand the operational details before investing.

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

Futu Cash Treasure: Flexible and Profitable

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

Futu Cash宝, helping you turn your spare cash into returns. Cash Treasure is the collective name for Futu's money market fund brand. The money market funds under the Cash Treasure brand mainly invest in highly secure monetary instruments such as government short-term bonds and bank time deposits. With relatively short investment periods 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 even HK$100 is enough to invest.

• High flexibility: You can buy or withdraw funds at any time to match 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 instantly reallocate your funds to seize cash-value-adding opportunities!

• Ideal and Stable Returns

Monthly Stock Purchase Plan

However, if you're considering entering the stock market but are concerned about market volatility, regular investing in stocks using the dollar-cost averaging method may be a sound strategy. By investing a fixed amount on a regular basis, regardless of whether market prices are high or low, you can purchase shares at an average price, thereby mitigating the impact of market fluctuations.Futu Monthly Plan for Hong Kong and U.S. StocksWith minimum monthly contributions as low as HKD 1,000 or USD 10, you can invest in selected Hong Kong and U.S. stocks! Investors can choose from various contribution schedules, such as monthly or weekly payments, and modify their plan at any time. You can also opt for monthly investments in Hong Kong and U.S. stock ETFs that track broader market trends, allowing you to capture gains in globally popular sectors. By investing on a regular, fixed-amount basis, you can reduce market risk.

*The average return of 3.8% is based on the average increase of all USD-denominated money market funds on the Futu platform that have been established for at least one year over the past year, with data as of February 27, 2026. Past performance is for reference only, and a fund's past performance does not indicate its future performance. Even if positive distribution income is recorded, it does not mean that positive returns can be achieved.