Low monthly deposit
Higher interest rate only for shorter tenors
Foreign Bank with few branches
Requires fixed monthly transfers from an ICBC personal savings account
|1 yr||2 yrs||3 yrs||5 yrs|
|$100 monthly||1.00% p.a.||0.60% p.a.||0.70% p.a.||0.80% p.a.|
Earn up to 1.00% p.a. with ICBC Regular Savings Account promotion
Applicants are required to open a Personal Savings Account with internet banking services activated
Minimum initial deposit of $500
A preset amount of minimum $100 will automatically be transferred monthly into the Regular Savings Account from your Personal Savings Account
The accounts can be opened and managed via internet banking.
No penalty charge will be incurred in the case of early termination. Interest rates will be calculated on the basis of a normal savings account.
Click here to go to ICBC website for more details