

5th Anniversary New Customer Time Deposit High Interest Offer
Second Wave: FREE Travel Insurance
Second Wave: FREE Travel Insurance
PAObank is 5 years old! In September, PAObank officially mark its 5th anniversary. To celebrate this special birthday month, PAObank announced to increase the annual interest rate for 1-month HKD time deposit to 18%, joining customers in growing their savings and moving forward to the next milestone together.
From now until September 30, 2025, new customers* (must enter referral code during account opening) can enjoy:
- successfully open a savings account with the Bank, will receive a free travel insurance1 provided by China Ping An Insurance (HK).
- placing 1-month HKD time deposit with first HK$50,000 can enjoy 18% p.a. interest rate*.
Don’t miss it!
After successfully opens a savings account with the Bank, the Offer will be displayed on the Bank’s Retail Banking APP (time deposit section) within 3 working days (excluding Saturdays, Sundays and public holidays).
Deposit Period | Deposit Amount | Annual Interest Rate |
---|---|---|
1-Month | First HK$50,000 | 18%* |
Terms and conditions apply.
1 The free travel insurance (lite version) provided by China Ping An Insurance (HK) Co., Ltd. offers coverage for up to 7 days of worldwide travel if eligible customers open the account using a Hong Kong ID card.
*Please refer to 5th Anniversary New Customer Time Deposit High Interest Offer (Second Wave) Programme (the “Programme”) terms and conditions for details.
The annual interest rate is calculated on a daily basis over a 365-day year and will be determined by the Bank from time to time.