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Renminbi Time Deposits

Time Deposits provide multiple deposit tenors and guaranteed returns to help you manage your RMB assets.

Key features

  • Minimum balance requirement of CNY 50
  • Six available deposit tenors: 3 months, 6 months, 1 year, 2 years, 3 years and 5 years

How to Apply

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 HSBC Premier customers

400-820-8828

 HSBC Advance customers

400-820-8878

 Other customers

400-820-3090

Please dial China country code +86 if you are calling from overseas

 Find your nearest branch

HSBC “Step Up” Time Deposit

HSBC RMB Time Deposit promotion offers bonus interest rate to deliver optimal returns on your investments in managing short and long-term financial goals. The promotion is valid from 02 Jan 2018 to 31 Jan 2018.With this RMB Time Deposit offer, you will enjoy interest rate higher than that of HSBC’s board rate, more flexibility in interest settlement and minimum loss on early withdrawal.

Benefits:

  1. Interest is payable after each Interest Period. For each relevant term, customers will earn additional interest on the Top-up Amount. 
  2. Get your interest early. Interest can be withdrew or credited into the debiting account to earn interest on interest or used for life expense. 
  3. Minimum loss on early withdrawal and no effect on earned interest

Promotion application:

Customers may sign up for this promotion by submitting a completed “HSBC personal term deposit promotion application” at HSBC branch. 

Deposit Period

Total interest

Tenor 1: 1st- 6th month

1,000,000 * 1.5%/360 * 180= 7,500

Tenor 2: 7th-12th month

1,000,000 * 2%/360 * 180= 10,000

Tenor 3: 13th – 18th month

1,000,000 * 2.5% /360 * 180 = 12,500

Tenor 4: 19th – 24th month

1,000,000 * 4%/360 * 180 = 20,000

Tenor 5: 25th – 30th month

1,000,000 * 5%/350 * 180 = 25,000

Tenor 6: 31th – 36th month

1,000,000 * 6%/360 * 180 = 30,000

Three-year total interest is 105,000, average interest rate (p.a.) is 3.5%.

Products and application

1 Year deposit

Promotion

Code

Fund Requirement
Minimum Threshold
Term
Interest Period
Interest Rate of Each Cycle
Support Fully Withdrawal(Y/N)
Maturity Instruction
Promotion Quota

1804CNY12Q

New Fund

CNY10K

12M

Quarterly

Cycle1:1.30%

Cycle2:1.80%

Cycle3:2.15%

Cycle4:2.55%

Annualized Average Rate:1.95%

(1Y TMD Board Rate 1.75%)

Y

No roll-over

CNY1billion

2 Years deposit

Promotion

Code

Fund Requirement
Minimum Threshold
Term
Interest Period
Interest Rate of Each Cycle
Support Fully Withdrawal(Y/N)
Maturity Instruction
Promotion Quota
1804CNY24Q
  New Fund
   CNY10K
24M  Quarterly

       Cycle1:1.20%

       Cycle2:1.50%

       Cycle3:1.80%

       Cycle4:2.10%
       Cycle5:2.50%
       Cycle6:3.00%
       Cycle7:4.00%
       Cycle8:5.50%

    Annualized Average      Rate:2.70%

  (2Y TMD Board Rate 2.25%)

Y
  No roll-over
 CNY1billion

3 Years deposit

Promotion

Code

Fund Requirement
Minimum Threshold
Term
Interest Period
Interest Rate of Each Cycle
Support Fully Withdrawal(Y/N)
Maturity Instruction
Promotion Quota

1804CNY36H

New Fund

CNY10K

36M

Half-yearly

Cycle1: 1.50%

Cycle2: 2.00%

Cycle3: 2.50%

Cycle4: 4.00%

Cycle5: 5.00%

Cycle6: 6.00%

AnnualizedAverage Rate :3.50%

(3Y TMD Board Rate 2.75%)

Y

No roll-over

CNY1billion

* Visit HSBC branch or contact our hotline 400-820-8878 for further information. Please refer to application form of specific deposit offer for final terms and conditions.

* This promotions is exclusive to new fund application. “New fund” means a deposit of funds from outside of HSBC into an Eligible Account, based on the account balance in 30 Nov 2017.

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By phone

 Other customers

400-820-3090

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Related products

Meet your daily financial needs with instant access to your account and earn interest at the same time.

Personal Large-Denomination Certificates of Deposit refer to RMB-denominated book-entry large-denomination deposit vouchers issued electronically by HSBC China to an individual customer. Personal Large-Denomination Certificates of Deposit adopt standard terms and a minimum deposit amount, while the interest rate for the issue of Large-Denomination Certificates of Deposit is determined by a market-oriented method.

Whether for travel, immigration or overseas study, we can issue Deposit Certificates to facilitate your visa application.

Frequently Asked Questions