HK Prime Rate Remains Unchanged in December; HKD Time Deposits Stay Stable
Although the US Federal Reserve implemented its third rate cut of 2026 in January, the Hong Kong Interbank Offered Rate (HIBOR) has not shown significant volatility. Furthermore, as major Hong Kong banks have kept their Prime Rate unchanged, HKD time deposit rates have remained stable. Mainstream 3-month and 6-month deposit rates continue to hover between 2% and just under 3%. Meanwhile, due to the approaching year-end, options for 1-month time deposits remain scarce.
As for Syfe’s Cash+ Fixed, which is settled in HKD, the underlying assets are time deposits. The interest rate, like that of a time deposit, is fixed, and there are no management fees. It offers 1-month, 3-month, and 6-month options with fixed yields of 2.6%, 2.8%, 2.9% and 2.7% p.a., respectively, which are significantly higher than typical time deposits. More importantly, Cash+ has no minimum investment amount, making it suitable for both small-sum investors and anyone seeking flexible fund allocation.
Best HKD Time Deposit Options by Tenure｜18 January 2026
Rates as of 18 Jan 2026
Best 1-Month HKD Time Deposit Rate
Currently, banks in Hong Kong are generally not aggressive regarding 1-month HKD time deposits, with most offering rates below 2%. Options exceeding 2% are typically exclusive to large-sum depositors. For instance, China Construction Bank (Asia) offers 2.25% for new funds of HKD 1 million or more, while Fubon Hong Kong provides a preferential rate of 2.5% via its “Fubon+” mobile app, though it carries a minimum threshold of HKD 500,000. Syfe’s investment service leads this category with a rate of 2.6% and no minimum deposit requirement.
Best 3-Month HKD Time Deposit Rate
The current “ceiling” for 3-month HKD time deposit rates among mainstream banks is Fubon’s preferential rate of 2.8% for large-sum depositors, followed by China Construction Bank (Asia) at 2.6%. Additionally, digital bank Fusion Bank and ICBC Asia both offer 2.6%. Syfe’s investment service leads this category with a rate of 2.8% and no minimum deposit requirement.
Best 6-Month HKD Time Deposit Rate
As of mid-January 2026, the 6-month HKD time deposit rates at major incumbents HSBC, BOCHK, and Standard Chartered have been adjusted downward by 10 to 30 basis points compared to the beginning of the month, barely maintaining the 2% mark. The highest return for this tenor is Fubon Hong Kong’s preferential rate of 2.8% for large-sum new funds. Meanwhile, Syfe’s investment service provides an annualised return of 2.9%, also with no minimum deposit threshold.
Best 12-Month HKD Time Deposit Rate
For investors seeking longer-term deposits, Mox Bank’s 2.6% annual rate is a notable alternative to Fubon Hong Kong. Syfe’s investment service offers a higher return of 2.7% with no minimum deposit requirement.
Syfe Cash+ Fixed (HKD): A Strong Alternative
Syfe’s Cash+ Fixed (HKD) is an investment service that puts your money into time deposits with fixed yields of 2.6% p.a. (1 month), 2.8% p.a. (3 months), 2.9% p.a. (6 months),and 2.7% p.a. (12 months), beating most traditional bank rates. With no minimum investment, no management fees, and flexible terms, it’s great for both small and large savers. While not covered by the Hong Kong Deposit Protection Scheme (DPS), Syfe partners with financially sound banks to offer competitive rates and flexibility.
Unlike traditional banks, Cash+ Fixed (HKD) offers these unique advantages:
- Higher return potential: Fixed yields higher than most bank time deposits in the current market
- No investment threshold: No minimum investment amount, unlike banks requiring HK$10,000-100,000
- Flexible access: More flexible terms and withdrawal options compared to traditional time deposits
- User-friendly platform: Easily invest, monitor, and manage funds through the Syfe mobile application
- No hidden fees: Transparent fee structure with no management fees
Cash+ Fixed (HKD) is particularly suitable for investors looking to pursue stable returns while maintaining fund flexibility in the current low-interest environment. Whether as a short-term management tool for idle funds or as a stable income component in an investment portfolio, Cash+ Fixed (HKD) provides a quality alternative to traditional bank time deposits.
From a risk perspective, although Syfe is not a bank, as a financial institution with significant scale, Syfe is able to negotiate competitive time deposit rates with banks. This investment service is not covered by the Hong Kong Deposit Protection Scheme (DPS), but investors can invest with confidence as we only partner with financially sound banks. Through our partnerships, Cash+ Fixed HKD offers competitive yields without any conditions, has no investment amount limits, and charges no fees. [Click here to learn more about Cash+ Fixed HKD FAQs].
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*Calculator note: If your Cash+ Fixed HKD matures on a business day, you will receive the fixed return at the prevailing yield. If not, your Cash+ Fixed HKD investment will end on the next business day, and you will receive proportional returns to the additional days.
Yields may change before investment begins. Cash+ Fixed HKD returns are fixed but subject to potential bank risks. All Cash+ Fixed HKD returns are only available upon maturity.
Disclaimer:
This article is for informational purposes only and should not be viewed as financial advice. It is not meant to market any specific investment, or offer or recommend the purchase or sale of any specific security. All forms of investments carry risks, including the risk of losing all of the invested amount. Such activities may not be suitable for everyone. Past returns are not a guarantee for future performance. Investors should consider his/her own circumstances. The information or advertisement contained herein does not constitute an offer, any solicitation, invitation or recommendation to engage in any investment activities. The content of this article has not been reviewed by the Securities and Futures Commission of Hong Kong.Cash+ Fixed HKD is an investment management service, and should not be taken as a collective investment scheme or a deposit or savings account. The optimised rates are not due to pooling of invested funds by Syfe, and Syfe is not offering Cash+ Fixed HKD as a fund, scheme, or portfolio with a pooling element. Until the investment starts, the return rate is subject to change. Cash+ Fixed HKD returns are fixed, subject to underlying bank risk. All Cash+ Fixed hkd returns are only available after maturity. [Learn more]
*Calculator note: If your Cash+ Fixed HKD matures on a business day, you will receive the fixed return at the prevailing yield. If not, your Cash+ Fixed HKD investment will end on the next business day, and you will receive proportional returns to the additional days.
Yields may change before investment begins. Cash+ Fixed HKD returns are fixed but subject to potential bank risks. All Cash+ Fixed HKD returns are only available upon maturity.
