Best Deals Banking Account
Mox Account
+ 1 other gift options
Valid until
03 November 2024
+ 2 other gift options
Valid until
03 November 2024
Valid until
31 December 2024
Remember to click here for completing the "MoneyHero Reward Redemption Form" after successfully submitting the application and receiving the application code within 14 days
Gift Options
Open a Mox Account successfully with the invitation code "MHOCT", successfully apply for Mox Credit via MoneyHero and spend HK$8,000 within 60 calendar days after approval to enjoy: Delsey ECLIPSE SE 31" Expandable Front Opening Suitcase (valued at HK$4,280; random colour) / Marshall Emberton II Speaker (valued at HK$1,499)
- From 2 October 2024 10 a.m. to 3 November 2024 11:59 p.m.: New Mox customers who successfully apply for Mox Credit via MoneyHero
- Within 14 days of after receiving the successful application email from Mox when your Mox Credit approved: Submit the reward redemption form sent via email previously
- The Mox Credit must be approved by Mox within 30 days after opening the Mox account, subject to the Bank’s system records
- Tips:
- Successfully open the Mox account as well as Mox Credit and accumulate spending of HK$8,000 within 60 calendar days after approval to receive an email with application reference number (7 or 9 alpha-numeric digits) from Mox in 14 working days. Please submit the reward redemption form sent via email previously within 14 days of after successfully fulfilling the required spending.
- Please turn off AdBlocker and private mode before application: 3 settings to ensure coupon reward eligibility
- Remember to have your cell phone and Hong Kong Identity Card ready before applying! It is recommended to submit all the required documents in one go to speed up the approval process.. After successfully fulfilling the spending requirement, you will receive an email notice with application reference number (7 or 9 alpha-numeric digits) in 14 working days. Please be reminded to enter the Invitation Code to get the application reference number, if you don't receive the email, please check your spam folder.
- MoneyHero Limited-Time Exclusive Offer is provided by MoneyHero, Mox has no relation with its redemption, usage and dispute.
- Terms and Conditions and MHOCT Invitation Code Promotion Terms and Conditions apply.
- The redemption process may take at least 16 weeks upon campaign period ends, depending on the actual situation regarding user approval and transaction status or other factors that may affect eligibility for the Promotion Reward
Remember to click here for completing the "MoneyHero Reward Redemption Form" after successfully submitting the application and receiving the application code within 14 days
Gift Options
Open a Mox Account successfully with the invitation code "MHOCT", successfully apply for Mox Credit via MoneyHero and spend HK$8,000 within 60 calendar days after approval to enjoy: HK$900 Apple Gift Card OR HKTVmall e-Gift Voucher OR Trip.com Gift Card
- From 2 October 2024 10 a.m. to 3 November 2024 11:59 p.m.: New Mox customers who successfully apply for Mox Credit via MoneyHero
- Within 14 days of after receiving the successful application email from Mox when your Mox Credit approved: Submit the reward redemption form sent via email previously
- The Mox Credit must be approved by Mox within 30 days after opening the Mox account, subject to the Bank’s system records
- Tips:
- Successfully open the Mox account as well as Mox Credit and accumulate spending of HK$8,000 within 60 calendar days after approval to receive an email with application reference number (7 or 9 alpha-numeric digits) from Mox in 14 working days. Please submit the reward redemption form sent via email previously within 14 days of after successfully fulfilling the required spending.
- Please turn off AdBlocker and private mode before application: 3 settings to ensure coupon reward eligibility
- Remember to have your cell phone and Hong Kong Identity Card ready before applying! It is recommended to submit all the required documents in one go to speed up the approval process.. After successfully fulfilling the spending requirement, you will receive an email notice with application reference number (7 or 9 alpha-numeric digits) in 14 working days. Please be reminded to enter the Invitation Code to get the application reference number, if you don't receive the email, please check your spam folder.
- MoneyHero Limited-Time Exclusive Offer is provided by MoneyHero, Mox has no relation with its redemption, usage and dispute.
- Terms and Conditions and MHOCT Invitation Code Promotion Terms and Conditions apply.
- The redemption process may take at least 16 weeks upon campaign period ends, depending on the actual situation regarding user approval and transaction status or other factors that may affect eligibility for the Promotion Reward
Gift Options
Mox Bank X Trip.com Promotion - Up to 9% exclusive hotel and flight discounts on Trip.com
Promotion Period: From now until 31 December 2024
Valid for hotel stays and flight departures: From now until 15 January 2025
- During the promotion period, Mox customers can enjoy exclusive discount offers when booking hotels or flights via a specified page on Trip.com directed from our specified link. Simply use Mox Credit and enter the unique promo codes below for instant savings, earning up to 9% discount and 5.5% discount respectively, including an extra 3% CashBack
- Offer 1: Enjoy a 6% discount on hotel bookings with promo code “MOXH” (applicable to room rates and taxes only)
- Offer 2: Get discounts on flights with promo code “MOXF”: Get HK$50 off for orders over HK$2,000 or HK$100 off for orders over HK$4,000 (applicable to adult ticket fares only, excluding taxes and other surcharges)
- Details HERE
MOX Invest enjoy up to 1.25% p.a. savings rate in total
- earn a total savings rate of 1.25% p.a. up to HK$ 3 million deposit (for deposits in your savings accounts, including Mox Invest Account) by simply investing and/or exchanging foreign currencies at Mox with just HK$30,000 (or equivalent) in a month, which can consist of:
- Buy and sell transactions for HK or US stocks, including fractional shares;
- The net purchase amount of funds in HKD, which is the total amount purchased minus the amount sold;
- Currency exchange transactions
Introducing a new way to earn CashBack from Mox Credit. All you need is Mox Credit to earn Unlimited CashBack for all your spendings all year round with no cap and no category limits
- Enjoy 3% Unlimited CashBack at supermarkets, includes: Donki, HKTVmall, YATA, PARKnSHOP, Wellcome, AEON etc.
- Enjoy 2% Unlimited CashBack anytime, everywhere: if you keep HK$75,000 in your Mox Account to enjoy high savings rate and unlock 2% Unlimited CashBack on all your spendings! No cap and no categories limit!
- Earn 1% Unlimited CashBack: if you are not keeping enough savings with Mox. Start earning with no limit now!
5% Cash Rebate at Selected Daily Merchant! Spend with Mox Credit to earn extra 3% Cash Rewards at Selected Daily Merchants, including Trip.com, 7-11, Mannings, Watsons and Circle K and more!
First in Hong Kong! Earn interest upfront with cash or miles!
- Interest earnings are credited to you right away – and you can choose to receive interest in either cash or Asia Miles!
- Mox pays your interest the exact moment of your deposit and lets you choose to earn cash or miles. Earn interest upfront with cash or miles? It’s up to you.
Place a Time Deposit with HKD125,000 with different tenor can earn you miles instantly and fly to different destinations right away:
Tenor | Asia Miles | An Economy class round-trip ticket for |
6-month | 25,000 Asia Miles | Japan |
12-month | 42,500 Asia Miles | Dubai, Sydney |
Choose miles as cash, enjoy up to 3.25% p.a. Interest
- For Time Deposits with tenors of 6-months or above with New Fund, interest is even credited right away!
Tenor | Preferential interest rate (p.a.) |
3-month | 3.25 |
6-month | 3.15% |
12-month | 2.95% |
24-month | 2.15% |
Transfer flexibly with Mox Credit with no fees
- Starting 1 May 2023, Mox Credit allows you to effortlessly manage your monthly expenses by making transfers via FPS to pay bills or send money to loved ones
- Whether you need to transfer money to friends or family, set up designated payees to pay rent, tuition fees, or miscellaneous expenses, or purchasing goods and services, Mox Credit makes it easy for you.
- Enjoy an interest-free period of up to 56 days with just one click and you can even set up recurring payments to stay ahead of deadlines. If you exceed your personalised transfer limit, a handling fee of up to 2% will be applied. To keep track of your threshold and fees, you can easily check your Mox app
Mox Credit - Numberless All-in-One Bank Card
- Up to 56 days of interest-free
- Spend with Mox Credit: Enjoy 3% Unlimited CashBack at all supermarkets, includes: Donki, HKTVmall, YATA, PARKnSHOP, Wellcome, AEON etc
- No late payment fee
- One card for all purchases and cash withdrawal.
- No card number, expiry date or CVV on physical card. It is to reduce the risk of losing personal information and for added security benefits.
- Use the Mox app to lock/unlock your Mox Credit, update your daily limit, and set ATM PIN. Reduce the risk of fraud even if you lose your card.
- Use JETCO ATMs in Hong Kong for free.
Mox Exclusive Offer
- Discover discount offers, free gifts, unique experiences and more
- Please visit the Mox Official Website for the list of exclusive offers
Other things to note
- Mox Asia Miles Time Deposit Promotion Terms and Conditions and Mox Upfront Interest Time Deposit Promotion apply.
- These Time Deposit interest rates are subject to the rates quoted by the Bank from time to time. The actual interest rate will be confirmed upon time deposit set up. Interest rates are subject to review according to changes in market conditions from time to time. The Bank reserves the right to change the interest rate offers at any time without prior notice. Before making the relevant transaction, please check on Mox app for the interest rate offers applicable to the transaction. Please note that if you request for an early withdrawal, the upfront interest will be deducted from the time deposit principal amount.
- Earned CashBack will be deposited to your Mox Account directly. You no longer need to redeem points.
- Perpetual annual fee waiver
- Mox Credit terms and conditions and the Mox Credit Key Facts Statement apply.
- From 4 May 2021, earn 1% Unlimited CashBack when spending with Mox Credit on eligible transactions. CashBack terms and conditions apply. See also the CashBack table in the ‘Legal documents’ section of our website for specific details of our current CashBack offers.
- From 26 September 2023, earn unlimited CashBack calculated at 2% on the amount of the eligible transaction made with Mox Credit, if you have an eligible balance of at least HK$75,000 in your savings accounts with Mox (excluding any balances held in your Time Deposit Account(s)) at the time you make the relevant transaction.
- From 26 September 2023, earn unlimited CashBack calculated at 3% on the amount of the eligible transaction made with Mox Credit made at ‘supermarkets and grocery stores’, as classified by MasterCard Asia/Pacific (Hong Kong) Limited.
- General Terms and Conditions (in particular, see Schedule 3 to the General Terms and Conditions) and Split Purchase Cash Rewards Promotion Terms and Conditions apply.
- Monthly Average Balance refers to the average of your HKD deposit balance on all calendar days in a calendar month.
- Terms and conditions apply.
- Mox disclaimer applies.
Hang Seng Preferred Banking Account
+ 1 other gift options
Valid until
31 December 2024
Valid until
31 December 2024
Gift Options
- New Customers successfully apply and open a Hang Seng Preferred Banking Account using the promocode “HS005” within the promotion period (3 October 2024 to 31 December 2024 11:59 p.m.) to get HK $200 Apple Store Gift Card or HK$200 Wellcome Shopping Voucher,
- For details, please visit "Hang Seng Preferred Banking X MoneyHero Rewards ("Offer")Terms and Conditions and "MoneyHero Hang Seng Preferred Banking - Apple Store Gift Card/Wellcome Shopping Voucher" Terms and Conditions
Gift Options
From 3 October 2024 to 31 December 2024, complete the following missions to enjoy up to $1,600 worth of welcome offer
- New customers who successfully open Preferred Banking account via Hang Seng Mobile App using the MoneyHero designated promo code ("HS005") to get a HK$200 Apple Gift Card or a HK$200 Wellcome Shopping Voucher”
- New customers who successfully open Preferred Banking account via Hang Seng Mobile App and Opt-in for Marketing push notification are entitled to redeem HKD200 HKTVmall e-Gift Voucher
- New customers who fund-in and maintain the designated amount according to designated month(s) to enjoy can enjoy up to HK$1,200 cash reward
Enter the promo code “INCOME” to apply for the “QuickReward Endowment” Life Insurance Plan (1-Year) and enjoy up to 4.38% guaranteed annual rate of return after a short 1-year savings period^
Terms and conditions apply to the above products/services. To borrow or not to borrow? Borrow only if you can repay!
^This is the return rate of USD plan with premium discount included. Terms and Conditions apply. For details, please visit https://www.hangseng.com/en-hk/personal/insurance-mpf/retirement-wealth-education/quickreward-endowment/. This offer is applicable to all customers who enter the promo code "INCOME" for application to enjoy up to 4.38% guaranteed annual rate of return. QuickReward Endowment Life Insurance Plan (1-Year) is underwritten by Hang Seng Insurance Company Limited. Hang Seng Insurance Company Limited is authorised and regulated by the Insurance Authority of the HKSAR. Hang Seng Bank is an insurance agent authorised by Hang Seng Insurance Company Limited and the insurance products are products of Hang Seng Insurance Company Limited but not Hang Seng Bank. In respect of an eligible dispute (as defined in the Terms of Reference for the Financial Dispute Resolution Centre in relation to the Financial Dispute Resolution Scheme) arising between Hang Seng Bank and you out of the selling process or processing of the related insurance product transaction, Hang Seng Bank will enter into a Financial Dispute Resolution Scheme process with you; however any dispute over the contractual terms of the insurance products should be resolved between Hang Seng Insurance Company Limited and you directly. Terms and Conditions apply. Please note the relevant product risks, credit risks and early surrender loss.
- Important fee:
- Fees You Need to Know
- Service Fee: Waived
- Paper Statement Fee: HK$60 on each account/Year
- ATM Card Annual Fee: Free
Features:
- AutoSweeping service to avoid unsuccessful cheque payment
AutoSweeping service to the current account to ensure the successful processing of account transfer instructions and issued cheques and avoid the risk of overdraft. Our services provide you with enhanced convenience and flexibility in managing your finances, while also helping you save on unnecessary interest expenses and service charges. The upper limit of AutoSweeping Service will be uplifted to HKD100,000, providing greater ease and peace of mind!
AutoSweeping Service is applicable to the situation that your Hong Kong Dollar Current Account under the Integrated Account is overdrawn/ the line of credit is exceeded. It is limited to a daily total overdraft /excess amount of HKD20,000 or below.
- One-stop security settings on Hang Seng Mobile App
- New "Settings & Security" interface provides you with security support
- Adjust various transfer limits anytime
- Manage various credit card security options easily
- Enhanced mobile app security measures to safeguard your account
DBS Treasures
+ 2 other gift options
Valid until
29 November 2024
+ 2 other gift options
Valid until
29 November 2024
Valid until
30 November 2024
Gift Options
- From 30 September 2024 12 noon to 29 November 2024 6 p.m., new Customers who successfully open a DBS Treasures individual customer account (by downloading DBS digibank HK app via the designated MoneySmart link and applying for account opening with the app ) during promotion period to get HK$800 Apple Store Gift Card / HK$800 HKTVmall e-Gift Voucher / HK$800 DFS Gift Card
- DBS Treasures Account No. reference: 016-xxx-123456789, just fill in the last 9 digits
- Terms and Conditions apply
Gift Options
From 30 September 2024 6 p.m. to 29 November 2024 6 p.m., new Customers who make an account opening appointment via the designated MoneyHero link and successfully open a DBS Treasures individual customer account during promotion period to get HK$300 Apple Store Gift Card / HK$300 HKTVmall e-Gift Voucher / HK$300 DFS Gift Card
- DBS Treasures Account No. reference: 016-xxx-123456789, just fill in the last 9 digits
- Terms and Conditions apply
Gift Options
- Welcome rewards up to HK$29,800 cash rewards:
- Keep Active Reward: HK$200
- Wealth Management Accounts & Financial Needs Analysis Reward: HK$300
- Investment Product Take up Reward: HK$500
- Investment Product Balance Reward: up to HK$20,900
- Insurance Product Balance Reward: HK$3,000
- Overseas Transfer Reward: HK$400
- Payroll Reward: HK$1,200
- ATM Card Reward: HK$300
- ATM Card Spending Rebate: HK$1,000
- Half Year Anniversary Reward: HK$1,000
- Credit Card Extra Welcome Offer: up to HK$1,000
Terms and Conditions apply, Investment and Foreign Exchange involve risk.
- Deposit new funds to enjoy up to 4.7% Total Savings Interest Rate*
- Trade across 7 global markets (including HK, US and Japan stocks) with 0% brokerage
- 0% subscription fee for the online investment fund trade
- Open an account with the DBS digbank HK app in just around 10 minutes, complete the entire process on your mobile phone.
DBS digibank HK app comes with equity scores assessed by DBS analysts based on 7 key assessment metrics.
For details, please visit: https://bit.ly/3YVk4J1
- *Total Savings Interest Rate includes e$aver Interest Rate and Basic Savings Interest Rate. Basic Savings Interest Rate is subject to revision in light of prevailing market conditions. The Basic Savings Interest Rate is not guaranteed, and the Bank reserves the right to revise the Basic Savings Interest Rate at any time and from time to time for any reason without any prior notice or giving any reason therefor.
Airwallex Business Account
+ 1 other gift options
Valid until
29 November 2024
Valid until
29 November 2024
Gift Options
New Airwallex Business Account customers get rewarded with HK$400 Apple Store Gift Card OR HK$400 Wellcome Shopping Vouchers by fulfilling the following requirements:
- From 31 October 2024 6 p.m. till 29 November 2024 6 p.m. New Airwallex Business Account Customers who apply via MoneyHero
- On or before 31 December 2024: The card must be approved by Airwallex
- Within 7 days of receiving the form, complete the redemption form sent via email from MoneyHero for verification and follow-up.
- Tips: If you have any enquiry on the redemption flow of this offer, please refer to the relevant Terms and Conditions.
Gift Options
Earn up to 1.1% cash back on local and overseas transactions with the Airwallex Visa card.
Key Features of Airwallex Business Account
- Account opening made easy
- Customers can complete the Airwallex account opening process online without physically leaving Hong Kong or filling out a large number of documents. Compared to traditional banks, opening local currency accounts in Europe, the United States, Australia, the United Kingdom, and other places in Airwallex is much easier, which saves you much time in opening local and foreign currency accounts making it so much more efficient.
- Low transaction costs and real-time settlement
- Airwallex uses a high-speed global payment network to exchange foreign currency in real-time at interbank exchange rates, which is unaffected by weekends and public holidays. This allows merchants to enjoy attractive exchange rates with no sign up nor monthly fees. The service supports more than 26 foreign currencies, including US dollars, Euros, Australian dollars, and Pounds. Clients can transfer funds to more than 150+ countries and regions, and can conduct 100 foreign exchange transactions in one go.
- Improved efficiency
- Airwallex automatically synchronizes your multi-currency transactions to Xero, ensuring real-time updates of your company's accounts. In addition, Airwallex links your payment accounts to Amazon, eBay, Shopify, and PayPal, making management easier.
- Setting Up Employee’s Visa Cards Online
- Airwallex allows merchants to instantly issue Airwallex Visa cards for employees online, making it easy for employees to use Apple Pay to pay for the company's expenses. Merchants can also set restrictions on currency, spending limits, and accounts that can be used for payments. Through Airwallex's multi-currency Visa card, merchants can directly pay for expenses such as paying advertising costs in USD and SaaS online subscription service. In this way, merchants can save up to 90% fees on foreign exchange and overseas transactions. Earn up to 1.1% cash back on local and overseas transactions with the Airwallex Visa card.
Financial insights at your fingertips
Explore new ways to earn, save, and grow your money for short and long-term goals. Browse the latest analyses, tips and hacks from the MoneyHero team so you can get the most from your dollars!Need some help?
How to find the right financial products for you?
MoneyHero has partnered with the most trusted banks and financial institutions in Hong Kong to help you find the right financial products for you. Through our comparison engine, you can compare credit cards, personal loans, mortgages, medical insurance, travel insurance, HK stock accounts, US stock accounts, banking accounts and other financial products. We provide accurate, up-to-date information and an unbiased overview of financial products in Hong Kong so that you can make the best choice, saving your time and money.
Which types of bank accounts are provided in Hong Kong?
Banks in Hong Kong offer a wide range of bank accounts which are generally categorized as savings, current, time deposits, non-HKD, integrated and investment accounts. Payroll Account is usually recognized as an integrated account. You can start to compare banking accounts from major banks from Hong Kong now.
What are the fees & charges for bank accounts?
Since many banks in Hong Kong have launched digital services, customers have to pay additional fees for the service involving paperwork. Besides, most banks have set minimum deposit requirements for saving accounts.
If I am a Hong Kong resident, what documents do I need to apply for a bank account?
Hong Kong residents only need to provide identification documents like ID card or passport, and the latest residential address proof such as gas or telephone bills.
If I am a non-Hong Kong resident, what documents do I need to apply for a bank account?
Non-Hong Kong residents need to provide passport and home country residential address proof. Some banks also require proof of employment. For example, foreign domestic helper needs to prepare his or her employment contract showing an employer's residential address.
Are the welcome offers only available to new customers?
Most welcome benefits are only available to new customers, but some banks may also offer bonus interest rates constantly to existing customers.
Note that the definition of "new customer" differs from banks - it may refer to new-to-bank clients (have not maintained any account from the bank in the past 12 months).
How much deposit can be protected by the Deposit Protection Scheme (DPS) ?
Under DPS, you can be compensated up to a maximum of HK$500,000.