Analysis of the Latest CNY Fixed Deposit Promotional Rates in 2025

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In 2025, the CNY fixed deposit market presents new challenges and opportunities. You may have noticed that the appeal of CNY deposits is weakening, but some high-interest fixed deposit plans are still worth considering. Below are some key market trends:

• As of the end of February 2025, the balance of CNY deposits in Hong Kong banks fell to 113.393 billion yuan, hitting the lowest level in 11.5 years.
• The DBU CNY deposit balance was 82.441 billion yuan, down 680 million yuan month-on-month, indicating that individual clients are reducing their CNY holdings.
• The OBU CNY deposit balance was 30.952 billion yuan, with corporate clients shifting to USD due to funding needs.
• Bank executives predict that due to declining CNY deposit rates and exchange rates, market demand will remain weak.

Although high-interest fixed deposit rates are generally below 2%, with three-month fixed deposit rates peaking at only 1.5%, some banks still offer attractive promotional plans. You can choose the most suitable plan based on deposit terms and financial goals.

Comparison of CNY Fixed Deposit Rates at Major Banks in 2025

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Fubon Bank’s High-Interest Fixed Deposit Plan

Fubon Bank launched an attractive high-interest fixed deposit plan in 2025, particularly suitable for individual clients seeking stable returns. The plan offers an interest rate of 1.62%, with a deposit term of 6 months and the following conditions:

This fixed deposit plan has a threshold of USD 100,000, is limited to new funds, and requires in-branch processing. If you are a wealth management client of Fubon Bank, this is a worthwhile option. The stable short-term rate can help you effectively manage funds while earning higher returns.

Nanyang Commercial Bank’s Double High-Interest Fixed Deposit

Nanyang Commercial Bank’s double high-interest fixed deposit plan attracts many clients with its flexibility and high returns. This plan offers diverse rate options for different deposit terms, particularly suitable for investors seeking flexible fund allocation. According to market reports, Nanyang Commercial Bank’s CNY fixed deposit rates perform strongly in the short term, with some terms offering rates above the market average.

Additionally, Nanyang Commercial Bank provides extra promotions for new clients, such as cash rebates when deposit amounts meet certain thresholds. These promotional conditions make this plan a standout in the market.

ZA Bank’s Short-Term High-Interest Fixed Deposit

ZA Bank stands out in the market with its innovative digital services and high-interest fixed deposit plans. Its short-term high-interest fixed deposit is particularly suitable for clients seeking quick returns. ZA Bank’s CNY fixed deposit plans typically focus on 3-month or 6-month terms, offering relatively high rates and fully online operations for convenience and speed.

If you are looking for a deposit plan that provides stable returns in the short term, ZA Bank’s products are worth trying. Its digital operation model not only saves time but also allows you to manage funds anytime, anywhere.

Standard Chartered Bank’s Multi-Term Fixed Deposit Options

Standard Chartered Bank launched a series of multi-term fixed deposit plans in 2025, offering flexible options for clients with different needs. These plans are particularly suitable for those looking to diversify funding risks. Standard Chartered’s multi-term fixed deposits cover short-term, medium-term, and long-term options, with rates varying by deposit term.

Below are some of Standard Chartered’s fixed deposit plans:

Standard Chartered’s multi-term fixed deposit plans also offer additional promotions. For example, if you choose a 12-month fixed deposit and open an investment account simultaneously, you can enjoy an additional 0.05% rate increase. These promotional conditions make Standard Chartered’s fixed deposit plans more attractive.

Tip: If you want flexible fund management, a 3-month or 6-month short-term fixed deposit may be more suitable. Long-term fixed deposits are ideal for clients seeking stable returns.

ICBC (Asia)’s Online Promotional Rates

ICBC (Asia) attracts many clients with its convenient online banking services and promotional rates. Its CNY fixed deposit plans are particularly suitable for those accustomed to digital services. Through online banking or mobile apps, you can easily complete fixed deposit operations and enjoy exclusive promotional rates.

Below are some of ICBC (Asia)’s online fixed deposit plans:

ICBC (Asia) also offers additional cash rebate promotions. For example, if your deposit amount reaches USD 200,000 and you choose a 12-month fixed deposit, you can receive up to USD 200 in cash rebates. These promotions not only enhance the appeal of fixed deposits but also help you achieve higher returns.

Suggestion: If you want to save time and enjoy higher rates, choosing ICBC (Asia)’s online fixed deposit plan is a wise decision.

How to Choose a Suitable CNY Fixed Deposit Plan

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Choosing Based on Deposit Term

When selecting an CNY fixed deposit plan, the deposit term is one of the primary factors to consider. Short-term deposits (e.g., 3 or 6 months) are suitable for clients seeking quick returns, especially in a market with significant rate fluctuations. Short-term plans allow you to flexibly adjust fund allocation, avoiding excessive risks due to market changes.

If you seek stable returns, long-term deposits (e.g., 12 months or more) may be more suitable. Long-term plans typically offer higher rates, helping you lock in returns over a longer period. However, according to 2025 data, five-year fixed deposit rates have been discontinued, meaning you need to explore alternative options such as regular insurance or government bonds. This trend reflects a reassessment of deposit product returns, with future deposit rates becoming more flexible. Therefore, when choosing a deposit term, you need to make informed decisions based on your funding needs and market trends.

Tip: If you are uncertain about market trends, choosing a short-term deposit allows you to maintain fund flexibility while observing market changes.

Choosing Based on Rate Stability

Rate stability is a key factor affecting fixed deposit returns. When market rates fluctuate significantly, choosing a stable rate plan can help you reduce uncertainty. Some banks offer fixed-rate CNY fixed deposit plans, which allow you to lock in returns during the deposit period, avoiding losses due to rate declines.

For example, Fubon Bank’s 6-month high-interest fixed deposit plan offers a fixed rate of 1.62%, suitable for clients seeking stable returns. On the other hand, if you want higher returns during rising rates, you can consider floating-rate plans. However, floating-rate plans carry some risks, as your returns may decrease if rates fall.

Suggestion: If you prefer stability, choosing a fixed-rate plan is safer. If you are willing to take some risks, a floating-rate plan may offer higher returns.

Choosing Based on Personal Financial Goals

Your financial goals are the core guiding factor in choosing an CNY fixed deposit plan. If your goal is to accumulate funds in the short term, short-term high-interest fixed deposit plans like ZA Bank’s 3-month deposit may better suit your needs. These plans provide quick returns, helping you achieve short-term financial goals.

If your goal is long-term fund appreciation, Standard Chartered’s 12-month fixed deposit plan offers a 1.70% rate with additional investment account promotions, helping you achieve higher returns over the long term. Additionally, if you want to diversify funding risks, you can choose multi-term fixed deposit plans, allocating funds to deposit products with different terms.

Reminder: When choosing a plan, consider your liquidity needs. Short-term plans are better for goals requiring readily accessible funds, while long-term plans are more appealing for stable appreciation.

Considerations and Additional Promotions for CNY Fixed Deposits

Hidden Terms and Early Withdrawal Penalties

When choosing an CNY fixed deposit, you need to pay special attention to hidden terms and early withdrawal penalties. Many banks’ fixed deposit plans offer attractive rates but may come with subtle restrictions. For example, some banks require deposits to be held until maturity, or they may impose hefty penalties or cancel all interest earnings.

Early withdrawal penalties are typically calculated based on the deposit amount and remaining term. Suppose you deposit USD 100,000 in an CNY fixed deposit and withdraw halfway through the term; you may only receive the principal or even need to pay additional fees. Therefore, before choosing a fixed deposit plan, carefully read the terms and confirm details with bank staff.

Tip: If you may need to access funds early, choosing a short-term or more flexible plan is more suitable.

Exclusive Promotions for Specific Client Groups

Some banks offer exclusive promotions for specific client groups, which can help you secure higher rates or additional returns. Below are some successful examples:

These promotions are typically aimed at new clients or high-net-worth clients and may require a minimum deposit amount. If you meet the conditions, these exclusive promotions can significantly boost your deposit returns.

Suggestion: When choosing a bank, inquire about promotions for new or high-net-worth clients to help you secure higher rates.

How to Avoid Common Deposit Pitfalls

Deposit pitfalls are issues you need to be cautious of when choosing an CNY fixed deposit. Common pitfalls include mule accounts, misleading promotions, and hidden fees. According to investigation reports, the prosecution rate for mule account-related cases from 2017 to 2021 was low but still warrants attention:

The key to avoiding these pitfalls is choosing reputable banks and carefully reviewing all terms. If you encounter unreasonable conditions or fees, immediately inquire with the bank or seek professional advice.

Reminder: Do not trust overly attractive rate promotions, especially those lacking clear terms.

In 2025, despite challenges in the CNY fixed deposit market, several high-interest plans are worth considering. From Fubon Bank’s stable rates to ZA Bank’s short-term flexible options, major banks offer distinctive promotions.

• Short-Term Needs: Choose ZA Bank or ICBC (Asia)’s online fixed deposit plans for convenient operations and high returns.
• Long-Term Goals: Standard Chartered’s multi-term fixed deposit plans can help you achieve steady appreciation.

Suggestion: Regularly monitor market changes, seize the latest promotions, and choose the most suitable plan based on your financial goals. This way, you can maintain an advantage in a changing market.

FAQ

1. How to Calculate Interest for an CNY Fixed Deposit?

The interest calculation formula is: Principal × Annual Interest Rate × Deposit Term (in years). For example, if you deposit USD 10,000 at an annual rate of 1.5% for 6 months, the interest is: 10,000 × 1.5% × 0.5 = USD 75.

Tip: Ensure you understand whether the bank offers simple or compound interest rates.

2. What Are the Impacts of Early Withdrawal of a Fixed Deposit?

Early withdrawal typically results in interest loss and may incur penalties. Some banks may only return the principal or calculate interest at the demand deposit rate. Before choosing a fixed deposit plan, confirm the relevant terms.

Suggestion: If you have high liquidity needs, short-term or flexible deposit plans are more suitable.

3. Is There a Minimum Deposit Amount Requirement for CNY Fixed Deposits?

Yes, most banks set minimum deposit amount requirements for CNY fixed deposits. For example, Fubon Bank’s 6-month fixed deposit plan requires a minimum deposit of USD 100,000. Requirements vary by bank, so check in advance.

4. What Are the Differences Between Online and In-Branch Fixed Deposits?

Online fixed deposits are convenient and often offer higher promotional rates. In-branch fixed deposits suit clients needing face-to-face service. The choice depends on your preferences and eligibility for promotions.

Reminder: Ensure a secure network environment for online fixed deposits to prevent data leaks.

5. How to Choose the Most Suitable Fixed Deposit Plan?

When choosing a plan, consider deposit term, rate stability, and personal financial goals. Short-term plans suit flexible needs, while long-term plans are ideal for stable appreciation. Compare promotional conditions across banks to select the product best suited to your needs.

Suggestion: Regularly review market changes to seize the latest promotional opportunities and boost returns.

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