Terms and Conditions for the "Up to 5% p.a. 2-month HKD New Fund Time Deposit Offer" (this "Offer")



Offer Eligibility

  1. The promotion period of this Offer is from 19 January 2026 to 28 February 2026, both dates inclusive (the "Promotion Period").
  2. This Offer is only applicable to any personal customer who fulfils the following requirements ("Eligible Customer"):
    1. Holds a valid personal integrated account(s) (including Prestige Private, Prestige Banking, Preferred Banking and Integrated Account) with Hang Seng Bank Limited ("Bank");
    2. Has a HKD Savings Deposit Growth (as described in Clause 3) of HKD50,000 or above in the customer's Eligible Deposit Account(s); and
    3. Places 2-month HKD new fund time deposit(s) with Eligible New Fund Balance during the Time Deposit Placement Period (i.e. Eligible Time Deposit as described in Clause 5).
  3. "HKD Savings Deposit Growth" means the increment of the period end balance on 31 March 2026 as compared with the period end balance on 31 December 2025 of Eligible Deposit Account(s).
    1. "Eligible Deposit Account(s)" refers to the Hong Kong Dollar (HKD) Savings Account(s) maintained with the Bank in the Eligible Customer's sole name or in the capacity as the primary account holder in the case of a joint account. For the avoidance of doubt, Current accounts and Time Deposit accounts are excluded from the Eligible Deposit Accounts.
    2. In respect of the "period end balance on 31 December 2025", if the customer had a negative Eligible Deposit Account balance or did not hold any Eligible Deposit Account with the Bank on 31 December 2025, it is treated as zero in the HKD Savings Deposit Growth calculation.


Offer Details

  1. Subject to these terms and conditions, an Eligible Customer who successfully sets up Eligible Time Deposit(s) on the terms set out in Clause 5 with Eligible New Fund Balance during the Time Deposit Placement Period can enjoy the preferential interest rate at the Total Interest Rate according to the HKD Savings Deposit Growth Amount.
  2. "Eligible Time Deposit" means a time deposit on the following terms:
    Time Deposit Placement Period 19 January 2026 to 28 February 2026
    Time Deposit Placement Date The date during the Time Deposit Placement Period on which the Eligible Customer successfully places the time deposit
    Deposit Tenor 2-month
    Deposit Currency HKD
    Fund Type Eligible New Fund Balance (as described in Clause 6)
    Deposit Amount HKD10,000 or above
    (The total Deposit Amounts applicable to this Offer are capped at HKD2,000,000 in aggregate)
    Time Deposit Placement Channels Branch, Phone Banking or Online Banking (including Hang Seng Personal e-Banking and Hang Seng Mobile App) within transaction time as described in Clause 9
    Total Interest Rate
    (applicable to Eligible New Fund Balance)
    HKD Savings Deposit Growth Amount Total Interest Rate (p.a.)
    HKD50,000 to below HK200,000 3.5%
    HKD200,000 or above 5.0%

    Remark: The Total Interest Rate (see Clause 7 below) is quoted with reference to the prevailing 2-month HKD time deposit interest rate offered by the Bank on 19 January 2026 and is for reference only. The Total Interest Rate is subject to the Bank's revision based on the prevailing market conditions.

  3. "Eligible New Fund Balance" means the fund representing the incremental balance (if any) when comparing the latest HKD Deposit Balance at the time of placing the Eligible Time Deposit with the HKD Deposit Balance as of 15 calendar days ago, after deduction of the sum of any HKD Deposit Balance which has already enjoyed any new fund offer for time deposit within the last 15 calendar days (including the Time Deposit Placement Date) (See the following example in Clause 6i), provided that the Eligible New Fund Balance is subject to a minimum of HKD10,000 for each Eligible Time Deposit and a cap of HKD2,000,000 in aggregate.
    1. Example
      Incremental balance
      (HKD 140,000)       		= (A) Latest deposit balance
        (HKD 170,000)       		- (B) Deposit balance as of 15 calendar days ago
        (HKD 30,000)
      Eligible New Fund Balance
      (HKD 120,000)       		= (A-B) Incremental balance
        (HKD 140,000)       		- (C) Sum of principal amount which has been entitled to new fund offer of Time Deposit within the last 15 calendar days (including Time Deposit Placement Date)
        (HKD 20,000)
    2. "HKD Deposit Balance" means the aggregate balance in HKD of all Savings Accounts, Current Accounts and Time Deposits held by the Eligible Customer (whether in sole name or joint names).
    3. The Bank reserves the right of final decision should there be any dispute in the determination of "Eligible New Fund Balance" and/or "HKD Deposit Balance". The Bank reserves the right to amend any calculation method of related amount at its sole and absolute discretion.
  4. "Total Interest Rate" means the sum of "Prevailing Interest Rate" and "Bonus Interest Rate".
    1. "Prevailing Interest Rate" refers to the Bank's prevailing 2-month HKD time deposit interest rate. For the latest interest rate, please enquire with the Bank's staff at the time of transaction.
    2. "Bonus Interest Rate" means the additional interest rate over and above the Prevailing Interest Rate which together with the Prevailing Interest Rate amount to the Total Interest Rate applicable to the Eligible New Fund Balance. If the total time deposit amount of all Eligible Time Deposits exceeds HKD2,000,000, the amount in excess is eligible for the Prevailing Interest Rate only. The bonus interest derived from the Bonus Interest Rate ("Cash Reward") is calculated as simple interest on a 365-day basis.
  5. Subject to these terms and conditions, the Cash Reward will be credited into the HKD Savings Account of the Eligible Customer on or before 31 May 2026. At the time the Cash Reward is credited, the Eligible Customer must continue to maintain a valid HKD Savings Account. Otherwise, the customer is deemed to have forfeited the right to receive the relevant Cash Reward. The Cash Reward is calculated on a "per-Eligible Customer basis". In case the eligible account is a joint-named account, only the primary account holder can enjoy the offer.
  6. The time deposit transaction time for Phone Banking and Online Banking are as follows:
    1. For Phone Banking, the time deposit transaction time is Monday to Friday from 9am to 7pm and Saturday from 9am to 12:55pm; closed on Sunday and Hong Kong public holidays.
    2. For Online Banking, the transaction time is from 8am to 7:55pm, Mondays to Fridays, and from 8am to 4:55pm on Saturdays. If the time deposit is placed outside the transaction time, or on any Sunday, Hong Kong public holiday, or non-clearing day due to adverse weather condition such as typhoon signal or rainstorm warning, the customer cannot enjoy this Offer.
  7. The processing date and time for the time deposit transaction and the amount of Eligible New Fund Balance are subject to the records of the Bank.
  8. This Offer is not applicable to the pending or renewal of time deposit and the time deposit uplifted before maturity.
  9. Interest rates and exchange rates (if applicable) are subject to review according to changes in market conditions from time to time. The Bank reserves the right to change any interest rate applicable to this Offer at any time. Before making the relevant transaction, please check with our branch staff for the latest rate applicable to the transaction.
  10. Unless otherwise specified, the offer mentioned in these terms and conditions cannot be used in conjunction with other promotional offers of the same products and other savings offers of the same currency of the Bank.
  11. This Offer is not applicable to Commercial customers, Private Banking customers and any party who enjoys any special privilege offer of the Bank.
  12. No person other than the Eligible Customers and the Bank (which includes its successors and assigns) has any right under the Contracts (Rights of Third Parties) Ordinance to enforce or enjoy the benefit of any of the provision of these terms and conditions.
  13. These terms and conditions are governed by and construed in accordance with the laws of the Hong Kong Special Administrative Region.
  14. These terms and conditions are subject to prevailing regulatory requirements (where applicable).
  15. The Bank reserves the right to suspend, amend or terminate this Offer and to amend these terms and conditions at any time and from time to time without prior notice. The decision of the Bank on all matters relating to this Offer is final and binding on all parties concerned.
  16. In case of any discrepancy between the English and the Chinese versions of these terms and conditions, the English version prevails.