Unlimited Deposits🌟 Exclusive USD FX Time Deposit Promotion 💵
HKD time deposit rates have significantly decreased, with the average 3-month rate at just 1.2% p.a.^. If you deposit HKD 100,000, you may only earn HKD 300💰, which may not even be enough for a decent meal 🍣! Some may choose to switch to USD fixed deposits to tackle this situation! 🤑
WeLab Bank understands your needs and is excited to launch a 5% p.a.* 2-month USD foreign exchange time deposit, helping you fill up your money jar! 🍹
📅Promotion Period: June 1, 2025 to July 31, 2025
HKD Fixed Deposits 📍 Low Interest Returns
👉 Rates have been consistently declining which might still drop further^
👉 High interest often requires long lock-in periods, and they aren’t truly high rates
USD Fixed Deposits 📍 High Interest Advantage
👉 2-month short deposit period with an exclusive additional annual rate of 5% p.a., allowing flexible capital turnover
👉 USD time deposit rates have always been higher than HKD, making it a great long-term income choice.
💵 3 Easy Steps to Earn High Interest! Fill your interest income jar🍹!
1️⃣ Exchange for USD: Easily exchange USD at WeLab Bank in just a few steps 🥇
2️⃣ Lock in High Interest: Open a time deposit with a minimum of USD 10 to earn 5% p.a. 🎁
3️⃣ Keep Earning Interest: After maturity, continue to deposit at WeLab Bank to enjoy up to 3.9% p.a.# 🎉
How to conduct USD FX Transactions?
Simply follow the steps below:
Log in WeLab Bank App, go to “Transfer” and enter “Foreign exchange”
Convert HKD from your HKD Core Account with real time FX rates to USD, the converted USD will be funded into your USD Account.
How to set up USD GoSave2.0 Time Deposit?
Simply follow the steps below:
Log in WeLab Bank App, go to “Time Deposit” and select “USD Time Deposit”
Why wait? 📌 Seize the opportunity for high interest! 😎
Remarks
^The average HKD time deposit interest rate is based on the basic rates (also known as 'board rates') published by 11 local banks on their websites or apps as of June 2, 2025, and does not include special promotional rates.
*From June 1 to July 31, 2025, Eligible Customers who conduct Eligible USD FX Transactions and place 2-month USD GoSave 2.0 Time Deposits can earn an extra bonus interest rate of 1.3% p.a. for the Eligible Time Deposits, along with the Designated USD GoSave 2.0 Time Deposit rate of 3.70% p.a., customers can enjoy a time deposit interest rate including bonus rate total 5.0% p.a. during the promotional period. The prevailing interest rate of Eligible Time Deposit is for reference only and is not guaranteed. It is subject to change from time to time and at WeLab bank’s sole and absolute discretion. For the latest interest rates, please visit the WeLab Bank App or the website. Terms and Conditions apply, please click here for promotion details.
#Our current prevailing interest rate 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.
Disclaimers
Currency exchange involves risks. Foreign exchange markets are subject to unpredictable fluctuations. If you choose to convert your HKD or foreign currency deposit to other currencies, such foreign exchange transactions will be subject to risk arising from exchange rates fluctuation. As a result, you may suffer losses. The information above is not and does not constitute or form part of any offer, recommendation, invitation or solicitation to subscribe to or to enter into any transaction.