Regular margins are good - Part 2: Do you have 500,000 yuan to put in margins? 15 banks have 4% (add OCBC Wing Hang 5%) - Hong Kong Economic Times - Financial Management - Interest Collection Strategy

The bank’s fixed deposit offers often have a nominal rate: on the surface the interest rate is very attractive, but in reality it depends on the admission fee and the type of customer account.Do you have 100,000 yuan and want to take regular free time?]List the low-threshold choices of major banks. This time we raised the bar a bit, if you have a free hand, there are500,000 yuanRecently I was afraid of the stock market again.If I want to let the bank do a regular job, there are many choices.

Since the capital this time is 500,000 yuan, which is more than 100,000 the last time, there are more banks like OCBC Wing Hang and Livi Bank for higher interest rates.There are at least 15 banks reaching 4% and one bank is like up to 5%. Therefore, this time we only list 4% of the choices, HSBC and Hang Seng are not included:

Do you have 500,000 yuan and want to take regular free time? (Annual interest in order from lowest to highest)

Overseas Chinese Wing Hang 12 Months 5%

OCBC Wing Hang recently increased the 12-month fixed deposit in Hong Kong dollars to 5%, with a minimum deposit of 200,000 yuan.Although it meets the deposit requirement of 500,000 yuan, an asset management account and the asset asset management account value must be 1 million yuan Yuan, so if you want to eat up to 5% interest, there is a certain threshold. See: 【Hong Kong dollar term deposit rushes to 5%, deposit 200,000, earn 10,000 per year, take stock of Hong Kong dollar long term interest term (12 months or more)】

Citi high threshold 4.5% VS low threshold 4.09%

The highest interest rate this time around is Citibank’s 4.5%. The deposit period is 3 months, but the threshold is very high. At least they must be new Citigold customers (account balance must be 1.5 million yuan) and must also have designated product balances (such as insurance. Or funds, etc.). If you want to be simpler, existing personal customers can consider 4.09% of the bank, which is also 3 months, and you can open online or mobile banking.

New students: Dazhong, Nanshang, Daxin, livi

As the deposit amount increased to 500,000 yuan, there are many other banks to choose from this time, including 5% from OCBC Wing Hang, 4.3% from Public Bank (non-Public Finance), 4.18% from Nanshang and 4.1% from Dah Sing Bank and 4% from livi bank.

Increase the entry fee with interest

Compared with the last choice of 100,000 yuan, if the deposit amount is increased to 500,000 yuan, CMB Wing Lung will increase by 0.1%, and the maximum is 4.2% (if the admission fee is a little more , it will be even higher!)

Rate hikes in the past two days: BOC, DBS, etc.

The last 100,000 yuan option was signed just two days ago. Over the past two days, banks have raised interest rates, including BOC Hong Kong to 4%, DBS and Bank of Communications Hong Kong both to 4.1%. CCB Asia also has 4.25%, but it has to be a high-end wealth management account.

Virtual banks have also made efforts to catch up, with the latest WeLab Bank and Fusion Bank rising to a high of 4.18% and 4.08% respectively.

Review the first article:Do you have 100,000 yuan and want to take regular free time?

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