Min. Initial Deposit
Highest Cash Rebate
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| High Interest Savings Account | Highest Interest Rate | Minimum Initial Deposit |
|---|---|---|
| Citi Plus Account | 2.4% p.a. | HK$0 |
| WeLab Bank Core Account | 0.1% p.a. | HK$0 |
| ZA Bank Savings Account | 0.31% p.a. | HK$0 |
| Citigold Account | 3.5% p.a. | HK$1,500,000 |
Banks in Hong Kong offer a number of bank accounts such as savings account, current account, time deposits accounts for your varying banking needs.
Savings account provides interest - and lets you withdraw your funds at any time with no penalty.
Current account does not provide account holders with interest, but lets you make payment with cheques.
A fixed or time deposit account gives you a higher rate of interest on the funds you agree to keep at the account for a fixed period of time.