Fixed Deposit Interest Calculator

Fixed deposits are one of the most traditional and popular savings tools in Hong Kong. You place a sum of money with a bank for a fixed term, and the bank pays interest at an agreed annual rate. Compared with current deposits, fixed deposits usually offer higher interest rates, but funds generally cannot be withdrawn before maturity without losing some or all of the interest. For Hong Kong savers who are risk-averse and seek stable returns, fixed deposits are an important conservative choice.

Fixed deposit rates are affected by the market interest rate environment, deposit amount, term and bank promotions. Generally, the longer the term and the larger the amount, the higher the rate is likely to be. In recent years Hong Kong banks have frequently offered \"new money\" preferential rates to attract funds transferred from other banks. Savers can make use of these offers to boost short-term returns.

HK FinBox 的定期存款利息計算機，讓你輸入本金、年利率及存期，計算到期利息及本息合計。計算機支援香港常見的年息、月息及不同存期設定，幫助你快速比較不同銀行的定存產品。

Consider spreading funds across different terms to build a \"CD ladder\", balancing liquidity and return. For example, split your funds into three portions placed for one, two and three years, so a portion matures each year, giving you higher rates while retaining some flexibility. Also compare fixed deposits on the basis of annual percentage yield and check for minimum deposit requirements.