Open an account to enjoy 1.5% savings rate

Limited-time offer! New customers can enjoy 1.5% p.a. savings rate* upon successful account opening! There’s no need to enter any referral code, act quick to open an account now!​

*Click HERE to read the relevant terms and conditions

Get started in as fast as 5 minutes*

Open a WeLab Bank account wherever and whenever you are - all through your phone, no branches required.

*Actual time may vary depending on factors such as your environment, connectivity and mobile phone.

No minimums, no surprises

WeLab Bank accounts are completely free and don’t have any minimum balance requirements. All of our fees are open, transparent and clear.

Virtual Debit Card instantly ready

Your WeLab Bank account comes with an integrated virtual debit card that you can use immediately with your favorite online merchants – even before your physical card arrives!

Safety first

WeLab Bank is regulated by the Hong Kong Monetary Authority. We are a member of the Deposit Protection Scheme. Eligible deposits taken by WeLab Bank are protected by the scheme up to a limit of HKD 500,000 per depositor. We go the extra mile to keep your money and data safe - Touch and Face ID, two-factor authentication and beyond bank-grade security are just some of the ways to protect your account, with more security measures happening in the background. If you have any problems or security concerns, our team is always here for you 24/7.

How rewarding is WeLab Bank Special Savings Interest Rate Program?

WeLab Bank is offering 0.01%* interest rate for existing customers’ HKD Core Account#. This means you can enjoy a 150 times better rate with our welcome offer! What’s more, the deposit amount eligible for this rate is up to HKD 1,000,000 – new customers are automatically entitled to this amazing rate for the first 90 days upon successful account opening!​

Special Interest Rate = Current Prevailing Interest Rate + Additional Interest Rate
Deposit Balance in the Core AccountCurrent Prevailing Interest Rate (p.a.)Additional Interest Rate (p.a.)
First HKD 1,000,000
Deposit Balance in the Core AccountCurrent Prevailing Interest Rate (p.a.)
Additional Interest Rate (p.a.)
First HKD 1,000,000

*Our current prevailing interest rate for HKD for your Core Account is 0.01%. It is for reference only and is subject to change from time to time and at the Bank’s sole and absolute discretion. The latest prevailing interest rate for your Core Account can be obtained from our website or WeLab Bank App.
#Core Account’s deposit is a deposit qualified for protection under the Deposit Protection Scheme in Hong Kong.

How it works
Step 1

Download the WeLab Bank app

Step 2

Sign up via the WeLab Bank app – make sure you have your HKID with you!

Step 3

That’s it! Your WeLab Bank account and virtual debit card are ready to use!

Get started!

Download our app and experience banking built for our century.