Seize the chance to earn interest with Deposit Plus
Earn higher potential interest as you exchange your money into 11 major currencies at the exchange rate you set. Meet FX needs such as expenses of travelling abroad, paying for your children's overseas tuition fees, and investing in a foreign country. All you need is HKD5,000 (or its equivalent in other currencies) to get started.
Key features
Generate higher potential interest
Generate interest and capture the chance to increase potential return, even when the foreign exchange market is stagnant
The chance to exchange at a better rate
You'll have the chance to exchange your preferred currency at your pre-defined rate, which might be better than the initial rate with no FX exchange spread[@initialrate]
Choose your preferred tenor
Opt from a range of currency pairs with investment tenors as short as one week
Market snapshot
Deposit Plus interest rate (p.a.)
Deposit currency | Linked currency |
Tenor |
Interest rate (p.a.) |
---|---|---|---|
USD | JPY | 7 Days | 15.00% |
JPY | NZD | 7 Days | 13.00% |
USD | AUD | 7 Days | 12.50% |
Deposit currency | USD |
---|---|
Linked currency |
JPY |
Tenor |
7 Days |
Interest rate (p.a.) | 15.00% |
Deposit currency | JPY |
Linked currency |
NZD |
Tenor |
7 Days |
Interest rate (p.a.) | 13.00% |
Deposit currency | USD |
Linked currency |
AUD |
Tenor |
7 Days |
Interest rate (p.a.) | 12.50% |
The above interest rates are indicative only. They are not guaranteed and are subject to revision as per prevailing market conditions.
Top 5 currency pairs
Ranking | Deposit currency |
Linked currency |
---|---|---|
1 | HKD, USD | AUD |
2 | HKD, USD | CAD |
3 | JPY | HKD,USD |
4 | HKD, USD | GBP |
5 | AUD | HKD, USD |
Ranking | 1 |
---|---|
Deposit currency |
HKD, USD |
Linked currency |
AUD |
Ranking | 2 |
Deposit currency |
HKD, USD |
Linked currency |
CAD |
Ranking | 3 |
Deposit currency |
JPY |
Linked currency |
HKD,USD |
Ranking | 4 |
Deposit currency |
HKD, USD |
Linked currency |
GBP |
Ranking | 5 |
Deposit currency |
AUD |
Linked currency |
HKD, USD |
Currency pairs in this table are ranked in descending order according to transaction volume as recorded by HSBC in Hong Kong during the specified period.
How does Deposit Plus work?
Deposit Currency | Linked Currency |
Tenor |
Spot rate (AUD / HKD) | Conversion rate (AUD / HKD) | Interest Rate |
---|---|---|---|---|---|
HKD | AUD | 14 days |
5.2228 | 5.2209 | 6.50% p.a. |
Deposit Currency | HKD |
---|---|
Linked Currency |
AUD |
Tenor |
14 days |
Spot rate (AUD / HKD) | 5.2228 |
Conversion rate (AUD / HKD) | 5.2209 |
Interest Rate | 6.50% p.a. |
Fees and charges
Generally, you won't be charged any additional fees when you invest in Deposit Plus. Any operational, administrative and hedging costs, etc. are covered when we calculate the return and/or other variables.
Set up a Deposit Plus in just 3 steps
1. Choose your deposit and linked currencies
Available currencies include AUD, CAD, CHF, CNY, EUR, GBP, HKD, JPY, NZD, SGD and USD.
2. Enter a deposit amount and choose a tenor
Tenors range from as short as 1 week to 3 months.
3. Set your desired conversion or interest rate
At maturity, determined by the exchange rate on the fixing date to receive principal and interest in the deposit currency or linked currency at the predetermined conversion rate.
Ready to set up a Deposit Plus?
Via HSBC Online Banking
Log on to HSBC Online Banking now to get started.
Via the HSBC HK Mobile Banking app
You can also set up a Deposit Plus through the HSBC HK Mobile Banking app.
Award-winning Deposit Plus platform
Excellence Performance in Digital Trading Platform
HSBC won the top award for 'Digital Trading Platform' at the Bloomberg Businessweek – Financial Institution Awards in 2023
Best Digital Wealth Platform
HSBC won the top award of 'Best Digital Wealth Platform' at The Digital Banker - Global Retail Banking Innovation Awards 2023
Find out more
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