Target Savings Deposit

Offers

Preferential Interest Rates up to 1.0% p.a.Learn More

Never Save Alone! YOU CHALLENGE • WE REWARD

Reward: Preferential Interest Rate up to 1.0% p.a. (Limited quota on a first-come-first-served basis)

During the Promotion Period¹, Eligible Customers* who successfully open Target Savings Deposit and fulfill the following requirements will enjoy the Preferential Interest Rate:

Deposit Term: 52 weeks or 12 months
Minimum Designated Deposit Amount: HKD100 per week / HKD500 per month

*Eligible Customers	Interest Rate
New-to-deposit Customers who join VIP Banking, YOU Banking, Hello Kitty VIP Banking, Hello Kitty i-Account, Doraemon i-Account or i-Account	1.0%
Existing Customers who upgrade to VIP Banking, YOU Banking, Hello Kitty VIP Banking, Hello Kitty i-Account, Doraemon i-Account or i-Account	0.8%

¹ Promotion Period is from 2 Jul 2025 to 31 Dec 2025 (both dates inclusive).

Features

Higher Interest Returns

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Flexible Deposit Amounts

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Convenient Range of Savings Tenors

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52-week Challenge Savings Schedule

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Autopay Instalments

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Payment Holiday

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e-Alert Service

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Financial Progress Tracking

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Earn more with higher interest rates than regular Hong Kong Dollar savings accounts.

Deposit Term	Interest Rate (p.a.)^
52 Weeks	0.6%
12 Months	0.6%
18 Months	0.6%
24 Months	0.6%
30 Months	0.6%
36 Months	0.6%

^These interest rates are for reference only and are based on Target Savings Deposit rates on 2 Jul 2025. Please contact us for more information.

Deposit Term		Deposit Amount Per Instalment
Deposit Frequency	Tenor	Fixed Amount	+	Incremental Amount
Monthly	12, 18, 24, 30, or 36 months	HKD500 minimum	+	Boost your savings power by adding an incremental amount on an accumulative basis
Weekly	52 weeks	HKD100 minimum	+

For an incremental amount of HKD100, and a weekly deposit amount of HKD10, your first weekly deposit would be HKD100, and your second weekly deposit would be HKD110. In just one year your savings would be HKD18,460.

How much can you save in 52 weeks?

For example: If you open a new account and select a weekly term, a fixed amount of HKD1,000 and an incremental amount of HKD50

Deposit Term (Weekly)	Deposit Amount (HKD)		Expected Principal (HKD)	Deposit Term (Weekly)	Deposit Amount (HKD)		Expected Principal (HKD)
Deposit Term (Weekly)	Fixed Amount	Incremental Amount	Expected Principal (HKD)	Deposit Term (Weekly)	Fixed Amount	Incremental Amount	Expected Principal (HKD)
First half-year				Second half-year
1	1,000	0	1,000	27	1,000	1,300	44,550
2	1,000	50	2,050	28	1,000	1,350	46,900
3	1,000	100	3,150	29	1,000	1,400	49,300
4	1,000	150	4,300	30	1,000	1,450	51,750
5	1,000	200	5,500	31	1,000	1,500	54,250
6	1,000	250	6,750	32	1,000	1,550	56,800
7	1,000	300	8,050	33	1,000	1,600	59,400
8	1,000	350	9,400	34	1,000	1,650	62,050
9	1,000	400	10,800	35	1,000	1,700	64,750
10	1,000	450	12,250	36	1,000	1,750	67,500
11	1,000	500	13,750	37	1,000	1,800	70,300
12	1,000	550	15,300	38	1,000	1,850	73,150
13	1,000	600	16,900	39	1,000	1,900	76,050
14	1,000	650	18,550	40	1,000	1,950	79,000
15	1,000	700	20,250	41	1,000	2,000	82,000
16	1,000	750	22,000	42	1,000	2,050	85,050
17	1,000	800	23,800	43	1,000	2,100	88,150
18	1,000	850	25,650	44	1,000	2,150	91,300
19	1,000	900	27,550	45	1,000	2,200	94,500
20	1,000	950	29,500	46	1,000	2,250	97,750
21	1,000	1,000	31,500	47	1,000	2,300	101,050
22	1,000	1,050	33,550	48	1,000	2,350	104,400
23	1,000	1,100	35,650	49	1,000	2,400	107,800
24	1,000	1,150	37,800	50	1,000	2,450	111,250
25	1,000	1,200	40,000	51	1,000	2,500	114,750
26	1,000	1,250	42,250	52	1,000	2,550	118,300

To better understand your saving power, check out our easy-to-use eCalculator here.

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