Whatever savings rate you’re earning, we will DOUBLE it for you to up to 1.75% p.a.
0.25% p.a.. Yes, that’s the savings rate you’re typically earning each month from other banks¹.
Satisfied? Perhaps it is time for you to understand that Mox gives you more.
Through this Saving Base Rate Enhancement Promotion, you can double up your savings rate to up to 1.75% p.a.! Start saving with Mox today and earn more easily!
Interest on your savings is calculated and credited to you everyday!
Mox offers you a HKD savings base rate in Hong Kong up to 0.875% p.a., for your savings balances. Earn the higher interest you deserve everyday. For more details:
Invest with Mox and double your interest to up to 1.75% p.a. savings rate in total!
Mox Invest is a game-changer for investment. With our low fees, you can buy or sell stocks in HK and US markets (including fractional shares) and invest in an exclusive yield enhancement fund.
During the promotion period, double up your savings rate when you invest or exchange currencies via Mox! Successfully accumulate at least HKD25,000 equivalent in transactions each month to enjoy an extra savings rate of up to 0.875% p.a. on your savings (up to HKD3,000,000 across all Mox savings accounts, including Mox Invest Account). This means a total savings rate of up to 1.75% p.a.², Eligible transactions include:
- Buy or sell Securities that are listed on the SEHK or the U.S. Exchange(s);
- Net purchase of fund unit(s) that is not an exchange traded fund;
- Foreign currencies exchange transactions
Based on the deposit savings rates you’re earning, you can earn:
| HKD savings deposit | First HKD249,999.99 | HKD250,000- HKD 3,000,000 |
|---|---|---|
| Savings Base Rate (p.a.) | 0.625% | 0.875% |
| Enhanced Savings Rate (p.a.) | Same as base savings rate = +0.625% | Same as base savings rate = +0.875% |
| Total Interest Rate (p.a) | 1.25% (Double Up) | 1.75%🏆 (Double Up) |
Frequently Asked Questions
For deposits held in your savings account with Mox, you’ll earn interest at the following rate:
HKD Savings Base Rate
| HKD savings deposit | Tiered Interest Rate (p.a.) |
|---|---|
| First HKD249,999.99 | 0.625% |
| HKD250,000 or above | 0.875% |
Going forward, you can earn a HKD savings rate of up to 1.75% p.a. All you need to do is invest / exchange foreign currencies of just HKD25,000 (or equivalent) in a month with Mox, and you can double your savings rate up to 1.75% p.a (includes the savings base rate of up to 0.875% p.a. on HKD deposit of HKD250,000 or above and the Enhanced Savings Rate of up to 0.875% p.a.). Eligible transactions include:
- Buy and sell transactions for HK or US stocks, including fractional shares
- The net purchase amount of funds, which is the total amount purchased minus the amount sold
- FX transactions.
USD Savings Base Rate
| USD savings deposit | Tiered Interest Rate (p.a.) |
|---|---|
| First USD74,999.99 | 0.625% |
| USD75,000 – USD300,000 | 0.875% |
| Over USD300,000 | 0.01% |
For other foreign currencies (AUD, CAD, CNY, EUR, GBP, JPY, NZD, SGD), you will earn 0.01% p.a. interest.
Interest will be calculated:
• for HKD, GBP and SGD, based on a 365-day year basis; and • for all other currencies, based on a 360-day year basis,
Savings Base Rate Enhancement Scheme Terms and Conditions apply.
For example, if your savings at Mox is HKD1,000,000, your first HKD249,999.99 will earn a daily savings base rate of 0.625% p.a., and the remaining HKD750,000.01 will earn a daily savings base rate of 0.875% p.a.