INTEREST & FOREIGN EXCHANGE (FX) RATES OF THE DAY

Citigold
HK$1,500,000 or above

Citi Priority
  • • HK$500,000 or above, or
  • • HK$200,000 with HK$50,000
    monthly salary deposit*

Fill in personal information and make an appointment at branch to complete the application
Apply online (around 8 minutes) and shortens your account opening time at the branch

Citigold
HK$1,500,000 or above

Fill in personal information and make an appointment at branch to complete the application

Citi Priority
  • • HK$500,000 or above, or
  • • HK$200,000 with HK$50,000
    monthly salary deposit*

Apply online (around 8 minutes) and shortens your account opening time at the branch

Citibanking: Apply online (around 8 minutes) and shortens your account opening time at the branch

Give you the most
updated rates.

Citibank Interest and foreign exchange rates

You can have the most up-to-date and accurate Interest and Foreign Exchange (FX) Rates from our website.

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Login Citibank Online to book a Time Deposit

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Login Citibank Online to book a Time Deposit

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Prime Rate :

Currency

Prime Rate

HKD 5.25% p.a.
USD 4.00% p.a.
 

Savings Rate :

Currency

Savings Rate

HKD 0.001% p.a.
USD 0.001% p.a.
RMB 0.25% p.a.
 

Highest Time Deposit Rate:

Currency

Preferential Time Deposit Interest Rate

HKD Up to 1.38% p.a.
USD Up to 1.88% p.a.
RMB Up to 1.00% p.a.
 

Highest Premium Account* Rate:

Currency

Preferential Premium Account Interest Rate

USD/AUD 21.49% p.a.
USD/NZD 20.36% p.a.
 

Mutual Fund Transfer-in Time Deposit Offer:

Transfer in amount

Time Deposit Currency

Preferential Time Deposit Interest Rate

≥ HKD200,000 equivalent USD / RMB Up to 1.80% p.a.
 

Foreign Currency Time Deposit Offer:

From Currency

Time Deposits Currency

Preferential Time Deposit Interest Rate

HKD EUR / GBP /CHF / JPY Up to 2.50% p.a.
HKD AUD / NZD / CAD / RMB Up to 3.00% p.a.
USD EUR / GBP /CHF / JPY Up to 2.00% p.a.
USD / EUR / CHF / JPY / GBP AUD / NZD / CAD / RMB Up to 2.50% p.a.

Click here for the latest Interest Rate information.

Remarks:Remarks:

*
Premium Account is not equivalent to time deposit.
 
Interest rates for HKD, RMB, GBP and SGD are calculated on the basis of a 365 day year (both 365 day year and leap year). Any other currencies, we calculate interest on the basis of a 360 day year.

General Terms and Conditions for Time Deposit :General Terms and Conditions for Time Deposit :

Terms and Conditions for “Time Deposit offer for New-to-bank clients”:

  • The 1.38% p.a. HKD 3-month time deposit offer and/or the 1.88% USD 3-month time deposit are only applicable to New-to-bank Citigold Private Clients and Citigold clients (i.e. clients who do not currently hold any Citibank banking account or cancel any Citibank banking account in the past 12 months) (collectively referred to as “Clients”) who set up a HKD 3-month time deposit with new funds between the range of HK$50,000 to HK$8,000,000 (for Citigold Private Clients) and HK$50,000 to HK$2,000,000 (for Citigold clients); USD 3-month time deposit with new funds between the range of US$10,000 to US$1,025,000 (for Citigold Private Clients) and US$10,000 to US$256,000 (for Citigold clients), and fulfill the following requirements:
      a. Must also apply for the Integrated Wealth Management Service which includes Mutual Fund, Fund Select Savings Plan, Bonds Brokerage Service, Structured Investment Product, Hong Kong Securities Service, US Securities Service, Shanghai-Hong Kong Stock Connect – Shanghai Securities Services, Shenzhen-Hong Kong Stock Connect – Shenzhen Securities Services Market Linked Account, Premium Account and their associated settlement accounts; and
      b. With an eligible investment/insurance balance which is equal to or more than HK$78,000 or equivalent at the point of time deposit is set up.
  • The 1.00% p.a. RMB 3-month/6-month time deposit offer is only applicable to Clients who set up a RMB 3-month/6-month time deposit with new funds between the range of RMB300,000 and RMB16,000,000. Clients must also apply for the Integrated Wealth Management Service which includes Mutual Fund, Fund Select Savings Plan, Bonds Brokerage Service, Structured Investment Product, Hong Kong Securities Service, US Securities Service, Shanghai-Hong Kong Stock Connect – Shanghai Securities Services, Shenzhen-Hong Kong Stock Connect – Shenzhen Securities Services Market Linked Account, Premium Account and their associated settlement accounts. The 0.80% p.a. HKD 3-month time deposit offer, the 1.2% USD 3-month time deposit offer and the 1.00% p.a. RMB 3-month/6-month time deposit offer described above are collectively referred to as the “Time Deposit Reward”.
  • The time deposit must be set up within 3 months from the date of Citibank banking account opening and fulfilling the above clauses.
  • New funds are defined as the new-to-bank funds incremental to the latest total account balance compared to the Average Daily Combined Balance of the previous month. Funds transferred from other Citibank banking accounts will not be eligible. The Average Daily Combined Balance is calculated based on the sum of your daily balances of deposit, investment and accumulated paid premium of selected insurance products of all your single named account(s) and joint name account(s), divided by the number of days in the month.
  • The Time Deposit Reward is not applicable to time deposits set up via online or mobile channel.
  • Clients are required to call their relationship manager(s) to register in order to enjoy the Time Deposit Reward.
  • The Time Deposit Reward is not appliable to U.S. Persons.
  • All interest rates are annualized interest rates that are for reference only and are not guaranteed. The actual time deposit interest rate would depend on the terms and conditions of the promotion offers, deposit amount, currency, tenor and interest rate on the value date. All interest rates are subject to change due to market fluctuations without prior notice. The Time Deposit Reward is subject to quota availability and will be offered on first-come-first-serve basis.
  • Once the Time Deposit Reward has been selected and accepted by Citibank (Hong Kong) Limited (“the Bank”), no cancellation or change can be made
  • All disputes are subject to the final decision of the Bank, which reserves the right to amend the terms and conditions without prior notice.
  • In case of any discrepancy between the English and Chinese versions of the content, the English version shall prevail.

Terms and Conditions for "Mutual Fund Transfer-in Time Deposit Reward":

  • The promotion period ("Promotion Period") is valid from April 1 to June 30, 2022, both dates inclusive.
  • The Time Deposit Reward (“Reward”) is not applicable to U.S. persons.
  • Clients are required to call their Relationship Manager(s) to register in order to enjoy the Reward.
  • Clients can enjoy the Reward by transferring in Mutual Funds (authorized by the Securities and Futures Commission (excluding class B funds) ) with value of HK$200,000 or above (or equivalent amount) to the Bank successfully during the Promotion Period. The Mutual Funds for transfer-in must be currently available for distribution by the Bank. Clients must maintain the transferred Mutual Funds units or their equivalent net asset value amount (as of transfer completion date) with the Bank for 12 months or above.
  • Time Deposit Reward refers to the offer of either 1.8% p.a. (placing by New Funds) or 1.2% p.a. (placing by Existing Fund) interest on your 1-month time deposit in USD/CNY or; either 1.2% p.a. (placing by New Funds) or 0.5% p.a. (placing by Existing Fund) interest on your 1-month time deposit in AUD /NZD / GBP / CAD or; 0.5% p.a. (placing by New Funds or Existing Funds) interest on your 1-month time deposit in HKD, after fulfilling the above clauses. Mutual fund transfer-in must be completed by June 30, 2022. Time deposit must be set up within 1-month after promotion period, i.e. on or before July 31, 2022.
  • The principal amount of the time deposit eligible for the Reward must not exceed the value of the Mutual Funds transferred in and subject to a cap of HK$15,000,000 (or its equivalent in foreign currencies). Illustration: Clients who transfer in Mutual Funds can enjoy the Time Deposit Reward with an amount not more than the transfer in amount for Mutual Funds. E.g. Clients can enjoy the 0.5% p.a. 1-month HKD time deposit offer (placing by New Funds) of HK$500,000 after transferring in Mutual Funds worth HK$500,000.
  • The Time Deposit Reward is not applicable to time deposits set up via online or mobile channels.
  • All interest rates are annualized interest rates that are for reference only and are not guaranteed. The actual time deposit interest rate will depend on the terms and conditions of the promotion offers, deposit amount, currency, tenor and interest rate on the value date. All interest rates are subject to change due to market fluctuations without prior notice. The Time Deposit Reward is subject to quota availability and will be offered on a first-come-first-serve basis.
  • Once the Time Deposit Reward has been selected and accepted by The Bank, no cancellation or change can be made.
  • All disputes are subject to the final decision of Citibank (Hong Kong) Limited, which reserves the right to amend the terms and conditions without prior notice.
  • The English version of these Terms and Conditions shall prevail wherever there is a discrepancy between the English and the Chinese versions.

Terms and conditions for "Foreign Currency Time Deposit Offer":

  • The promotion period ("Promotion Period") for Foreign Currency Time Deposit Offer (the “Time Deposit Reward”) is valid from April 1 to June 30, 2022.
  • The Time Deposit Reward is applicable only to new-to-bank clients (i.e. clients who do not currently hold any Citibank banking account or cancel any Citibank banking account in the past 12 months) and/ or new-to-treasury clients (i.e. clients who did not conduct any FX transactions of US$10,000 equivalent or above in the past 6 months, excluding FX transactions between HKD and USD) (the new-to-bank clients and the new-to-treasury clients are collectively referred to as the “Clients”).
  • Time Deposit Reward refers to the following offers:

      (I) 3% p.a. (placing by New Funds) or 2.3% p.a. (placing by Existing Fund) interest on your 1-month time deposit in AUD/ NZD/ CAD/ RMB that were converted from the relevant HKD with Citibank (Hong Kong) Limited (the “Bank”) or;

      (II) 2.5% p.a. (placing by New Funds) or 1.3% p.a. (placing by Existing Fund) interest on your 1-month time deposit in EUR/ GBP/ CHF/ JPY that were converted from the relevant HKD with the Bank or;

      (III) 2.5% p.a. (placing by New Funds) or 1.8% p.a. (placing by Existing Fund) interest on your 1-month time deposit in AUD/ NZD/ CAD/ RMB that were converted from the relevant USD/ EUR/ CHF/ JPY/ GBP with the Bank or;

      (IV) 2% p.a. (placing by New Funds) or 0.8% p.a. (placing by Existing Fund) interest on your 1-month time deposit in EUR/ GBP/ CHF/ JPY that were converted from the relevant USD with the Bank.

  • The principal amount of the time deposit shall be converted to the relevant foreign currencies, as applicable. The principle amount of the time deposit to be eligible (after currency conversion) for the Time Deposit Reward must not exceed HK$20,000,000 (or its equivalent in foreign currencies).
  • FX foreign currency trading is subject to rate fluctuations which may provide both opportunities and risks. The actual conversion arrangement will depend on the restrictions prevailing at the relevant time. Investors may experience a loss when they convert foreign currency back to their home currency. Investors should therefore carefully consider whether such trading is suitable for them in light of their own financial position, investment objectives and risk profile. Exchange controls imposed by the relevant authorities may also adversely affect the applicable exchange rate.
  • All obligations herein are payable solely at and by the Bank, subject to the laws of Hong Kong (including governmental actions, orders, decrees and regulations). Products might only be applicable to limited jurisdictions.
  • RMB is currently not freely convertible and conversion of RMB through banks in Hong Kong is subject to certain restrictions. The actual conversion arrangement will depend on the prevailing restrictions at the relevant time. The exchange rate of RMB can go up and down. Exchange controls imposed by the relevant authorities may also adversely affect the applicable exchange rate. Customers are offered offshore ("CNH") rates for RMB conversion.
  • New funds are defined as the new-to-bank funds incremental to the latest total account balance compared to the Average Daily Combined Balance of the previous month. Funds transferred from other Citibank banking accounts will not be eligible. The Average Daily Combined Balance is calculated based on the sum of your daily balances of deposit, investment and accumulated paid premium of selected insurance products of all your single named account(s) and joint name account(s), divided by the number of days in the month. Existing Funds are defined as funds which are transferred within the Bank between any accounts.
  • The Time Deposit Reward is not applicable to time deposits set up via online or mobile channel.
  • Clients are required to call their Relationship Manager(s) to register in order to enjoy the Time Deposit Reward.
  • The Time Deposit Reward is not appliable to U.S. Persons.
  • All interest rates are annualized interest rates that are for reference only and are not guaranteed. The actual time deposit interest rate would depend on the terms and conditions of the promotion offers, deposit amount, currency, tenor and interest rate on the value date. All interest rates are subject to change due to market fluctuations without prior notice. The Time Deposit Reward is subject to quota availability and it will be offered on first-come-first-serve basis.
  • Once the Time Deposit Reward has been selected and accepted by the Bank, no cancellation or change can be made
  • All disputes are subject to the final decision of the Bank, which reserves the right to amend the terms and conditions without prior notice.
  • In case of any discrepancy between the English and Chinese versions of the content, the English version shall prevail.

Remarks for Time Deposit and Premium Account rates:Remarks for Time Deposit and Premium Account rates:

  • All interest rates are annualized interest rates that are for reference only and are not guaranteed. The actual time deposit interest rates would depend on the terms and conditions of the promotion offers, deposit amount, currency, tenor and interest rate on the value date. All interest rates are subject to change due to market fluctuations without prior notice. Foreign currency time deposit is subject to exchange rate fluctuations, which may provide both opportunities and risks. Please contact 24-Hour CitiPhone Banking at (852) 2860 0333 for details.
  • The above Premium Account (PA) Interest Rate is for reference only. PA interest rate is formulated based on a number of factors. This information does not constitute any offer or solicitation to buy or sell. A Premium Account is a structured investment. Investment involves risks, including the possible loss of the principal amount invested. Please refer to the relevant terms and conditions and Important Disclaimer.
  • Investment products are not available for U.S. persons and might only be applicable to limited jurisdiction.