Savings Account

  • Enjoy a basic saving interest rate of 0.4% p.a. with NO fees and NO minimum account balance requirement 1
  • Transfer funds from your account INSTANTLY at your fingerprints
  • Enjoy 24/7 banking services WITHOUT visiting a bank
  • Go green with paperless statement
  • Eligible deposits under Deposit Protection Scheme (DPS) in Hong Kong
  • 1 Applicable to account balance at HK$500,000 or below. 0.01% p.a. interest rate will be applied for account balance over HK$500,000. (Effective from 21 January 2022).

Savings Deposit Rate

Deposit Balance (HKD) Annual Interest Rate
New Customer first $100,000* 6.88%*
First $500,000 0.40%
Above $500,000 0.01%
The annual interest rate is calculated on a daily basis over a 365-day year and will be determined by the Bank from time to time.

*Limited quota with terms and conditions apply. New customers who have successfully opened PAOB savings account by 30 June 2022 can enjoy 6.88% p.a. savings deposit rate for the first HK$100,000 until 31 July 2022.