HKD Time Deposits Remain Resilient Despite US Rate Cuts in November 2025
Although the US Federal Reserve has implemented two rate cuts totalling 50 bps this year, bringing the federal funds rate to 4.25–4.50%, the Hong Kong Interbank Offered Rate (HIBOR) has held firm. As year-end approaches, banks are intensifying efforts to secure funding, bolstering 3-month HKD time deposit rates to “firm” levels. Traditional banks such as ICBC (Asia) have elevated their offerings to 2.65%, while 6-month and 12-month tenors hold steady at approximately 2.20–3.00%. Savvy depositors may wish to act promptly to lock in these competitive yields before potential shifts in market liquidity.
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 2.3%, 2.6%, 2.85% and 2.85% 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｜2 December 2025
Rates as of 2 Dec 2025
Best 1-Month HKD Time Deposit Rate
Traditional banks remain conservative. The highest is only 1.8% (DBS Bank & Fusion Bank ). Syfe Investment Services continues to lead the market at 2.3% with absolutely no minimum deposit and full flexibility.
Best 3-Month HKD Time Deposit Rate
Fusion Bank offers the highest 3-month rate at 2.9%, closely matched by Fubon Bank‘s 2.9% new-fund promotion (HKD 500,000 tier). Syfe provides a solid 2.6% with zero entry barrier and no early-withdrawal penalty.
Best 6-Month HKD Time Deposit Rate
Syfe takes the crown at 2.85%. The only traditional bank coming close is Fubon Bank at 2.9% (HKD 500,000 new funds), followed by Nanyang Commercial Bank at 2.5%.
Best 12-Month HKD Time Deposit Rate
Mox Bank is currently the outright leader with 3.00% for 12 months (no minimum). Syfe follows closely with 2.85% — still significantly ahead of most traditional banks (highest around 2.5–2.6%) and with far greater flexibility.
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 3.1% p.a. (1 month), 3.4% p.a. (3 months), and 3% p.a. (6 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.
