Preferred Banking helps you kick start your wealth management journey effortlessly in one hub, without balance fee. Hang Seng Mobile App also allows you to open a bank account at ease. Start saving and investing, and enjoy many exclusive offers. Simple and easy. That’s Preferred Banking.
Total reward of over $5,000
Welcome Offer
Up to 6%
HKD savings rate
Up to 0.8750%
Base Interest Rate

All Details

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Hang Seng Preferred Banking Key Features

Hang Seng Preferred Banking does not charge balance fees and it offers a variety of financial products and offers. It also offers welcome offers worth up to HK$5,650 right now. Apply while it lasts!

Cardless ATM Access

Hang Seng Preferred Banking customers can get cash from ATM via Hang Seng Mobile App using NFC or QR code, without a card - which makes cash withdrawal a lot more convenient.

Share Trading Limit Service

Hang Seng Preferred Banking offers share trading limit service, which brings customers more financial flexibility. Customers can buy securities even if there are insufficient funds at time of order placement.

Master your finances in 1 app

Hang Seng Preferred Banking customers can manage FPS fund transfers, bill payment, currencies exchange, cardless ATM access, etc all on Hang Seng Mobile App.

Monthly Investment Plan for Funds (MIPF)

Hang Seng customers can invest as low as HK$500 consistently to grow your wealth and capture returns. Customers can earn Cash Dollars with Hang Seng Credit Cards. What’s more, Hang Seng Preferred Banking customers can invest with a small budget from a minimum amount at HK$1 and with SimplyFund.

Investment Online with as little as HK$5,000

Hang Seng Preferred Banking customers can subscribe for a CPI Deposit online easily with as little as HK$5,000.

100% Capital Protection at Maturity

Hang Seng Preferred Banking is one of the most vaulable saving accounts, where customers can get 100% capital protection if you hold the CPI Deposit until maturity. This low-risk investment product helps reduce risk.

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Hang Seng Bank Preferred Banking Minimum Deposit

The minimum deposit of Hang Seng Preferred Banking is HK$1,000,000, which means customers need to maintain at least HK$1 Million in the bank to enjoy exclusive offers.

Hang Seng Bank Preferred Banking Welcome Offers

Up to 6% p.a. Interest Rate on HKD Savings

Hang Seng Preferred Banking customers who sign up for payroll service with PayDay+ can enjoy up to 6% p.a. interest rate on HKD savings.

HK$200 HKTVmall e-Voucher

Hang Seng Preferred Banking customers who successfully open or upgrade to Hang Seng Preferred Banking via Hang Seng Mobile App and agree to receive marketing promotions can enjoy HK$100 HKTVmall e-Voucher. What’s more, new Hang Seng Preferred Banking customers who settle two bills via Hang Seng Personal e-Banking continuously for the first two months upon account opening can enjoy HK$100 HKTVmall e-Voucher.

HK$100 +FUN Dollars

New Hang Seng Preferred Banking customers who successfully apply for Hang Seng MMPower World Mastercard® or University/College Co-branded Credit Card or Travel+ Visa Signature Credit Card are eligible for $100 +FUN Dollars.

How to Open a Hang Seng Preferred Banking Account?

Hong Kong tax residents aged 18 or above with a Hong Kong Identity Card can open a Hang Seng Bank account through their mobile phones. Alternatively, applicants can make an appointment online and visit a Hang Seng branch to open an account. Customers need to bring along required documents including proof of residential address and original identification to the appointment.

Hang Seng Bank Preferred Banking Fees

Hang Seng Preferred Banking customers can enjoy a monthly fee waiver if your balance maintains at least HK$1,000,000 in the past month.

Hang Seng Bank Preferred Banking FAQ

What is the key benefit of Hang Seng Bank Preferred Banking?

It allows you to access ATM without your bank card. You can also enjoy share trading limit service and 100% capital protection at maturity.

What is the minimum balance for Hang Seng Preferred Banking?

The minimum balance for Hang Seng Preferred Banking is HK$1,000,000 in the past month. If you meet this requirement, you can enjoy a monthly fee waiver.