Open a Preferred Banking account can enjoy cash rewards of up to USD200

Apply Now

Open a Preferred Banking account can enjoy cash rewards of up to USD200

Apply Now

Open a Preferred Banking account can enjoy cash rewards of up to USD200

Apply Now

Investment involves risk (including the possibility of loss of the capital invested). Prices of investment products may go up as well as down and may even become valueless. Past performance information presented is not indicative of future performance. Investors should not only base on this marketing material alone to make any investment decision, but should read in detail the offering documents and the Risk Disclosure Statement of the relevant investment products.

Here we go, 2023! With the new year comes new goals, are you planning to take a once-in-a-lifetime trip? Finally start saving to stop living paycheck to paycheck? Whatever goals you have in mind, Hang Seng Preferred Banking is here to help you achieve them! From now until 31 March 2023, new customers1 can open a Preferred Banking account and enjoy up to USD200 cash rewards2!
GEAR UP now and achieve your New Year's plan!
New customers who open a Preferred Banking account can enjoy
Up to
USD200
cash rewards
1
Set up payroll service via your Preferred Banking account with at least one-month payroll record during the designated payroll period and deposit new funds in the designated deposit accounts during the designated period
Learn more
Step 1: Set up payroll service via your Preferred Banking account to enjoy up to USD60
Average Monthly Payroll Amount
(“Designated Payroll Amount”)
Cash Reward
HKD30,000 or above USD60
HKD10,000 – below HKD30,000 USD40
Step 2: Deposit new funds in the designated deposit accounts to enjoy up to USD40
Designated Deposit Account Eligible Incremental Amount Cash Reward(s)
HKD Savings/Current Account HKD10,000 or above USD20
USD Savings Deposit Account USD1,000 or above USD20
Up to USD 1003,4
2
Open a SimplyFund account and complete one fund subscription
USD255
3
Open a new Securities account
USD256
4
Apply for Hang Seng MPOWER Card or University / College Affinity Credit Card
USD257
5
Activate Savings Planner via Hang Seng Personal Banking mobile app
USD258
FPS and Online Bill Payment Service Reward
Existing customers who upgrade to Preferred Banking can enjoy
Up to
USD 100
cash rewards9
1
Set up payroll service via your Preferred Banking account with at least one-month payroll record during the designated payroll period and deposit new funds in the designated deposit accounts during the designated period
Learn more
Step 1: Set up payroll service via your Preferred Banking account to enjoy up to USD60
Average Monthly Payroll Amount
(“Designated Payroll Amount”)
Cash Reward
HKD30,000 or above USD60
HKD10,000 – below HKD30,000 USD40
Step 2: Deposit new funds in the designated deposit accounts to enjoy up to USD40
Designated Deposit Account Eligible Incremental Amount Cash Reward(s)
HKD Savings/Current Account HKD10,000 or above USD20
USD Savings Deposit Account USD1,000 or above USD20
Up to USD 1003,4
Refer a friend to earn
HKD200cash reward
(No cap)
Accomplish your travel plans this year
Fabulous FX Offers
  • Eligible customers can enjoy Bank’s Cost Price12
  • 1-week time deposit interest rate of up to 13% p.a.13
Grasp every FX trading opportunity at your fingertips
“FX Order Watch” helps you to trade at the optimum moments
  • Pre-set target exchange rate and your order will be automatically executed once your target rate is reached
  • A diverse array of 10 currency options14 to cater different trading needs
Low entry barriers to meet investing goals
Unlimited $0 Brokerage Fee15
New securities customers can enjoy
  • Unlimited $0 Brokerage Fee for online BUY & SELL trade of HK stocks / A-shares / US Stocks in in first 3 months from account opening
  • Up to HKD8,000 cash reward for brokerage fee rebate on online HK Stock / A shares trades from 4th to 6th month
    (maximum HKD100 cash reward for each transaction)
Unlimited $0 Brokerage fee for trading of US stocks for 3 months from service activation for all securities customers
Start fund investment with just HKD1
  • Open a SimplyFund account via mobile and start fund investment with just HKD1
  • SimplyFund Reward16: Eligible customers can enjoy HKD90 cash reward for their first SimplyFund subscription with promo code HAPPY90 upon subscription of HKD4,000 or above
Monthly Stock Savings Plan15
12-month fee waiver for new MIPS plan set-up (capped at HKD60015)
$0 brokerage fee for buy trade of ETFs via online15
$0 brokerage for buy trades of ETFs (including ETFs listed on The Stock Exchange of Hong Kong Limited and eligible ETFs listed on Shanghai Stock Exchange ("SSE") and Shenzhen Stock Exchange ("SZSE")) via our online trading channels.
New tracking tool to ease budgeting
Set up your saving goal
Establish your saving habits by setting up a saving goal and tracking expenses closely with Savings Planner17. Reach your saving goal with ease.
Track expenses automatically from your accounts
Savings Planner imports your expenses from your Hang Seng accounts and credit cards automatically to help you better track and monitor your monthly expense, facilitate effective financial planning.
Categories expenses for you
Easily view your monthly expenses distribution and gain better insight into your spending patterns, to develop good saving habits.
Know your monthly progress towards your saving goal
Savings Planner provides monthly summary reports to help you keep track of the progress towards your saving goal whether you are on track or have overspent.
Successfully apply for Hang Seng MPOWER Card or University/College Affinity Credit Card to earn Cash Dollars
MPOWER Card
  • Welcome reward up to $700 Cash Dollars18
  • Up to 11% Cash Dollars Rebate with designated spending19
  • Online handling fee waiver by buying ticket at MCL Cinemas
  • Concert priority booking
University/College Affinity Credit Card
  • Welcome reward up to $600 Cash Dollars20
  • 2.4% Cash Dollars Rebate for Tuition Fee Payment21
  • Exclusive Campus Privileges
credit card
Download Hang Seng Mobile App and select "Mobile Account Opening"

If you are in doubt of our marketing and promotional activities and materials, please call customer service enquiry hotline for authentication.

To borrow or not to borrow? Borrow only if you can repay!

Terms and Conditions apply to all the products/services and offers above. Please click hereclick hereclick here for detailed Terms and Conditions.

Remarks:

  1. "New Customer(s)" mentioned herein refers to personal customers who have opened a new Preferred Banking of the Bank during 1 January 2023 to 31 March 2023, but excluding: existing customers who are holding any Hong Kong Dollars/Foreign Currency savings, current, time deposit accounts or any Integrated Accounts at Hang Seng Bank Limited ("the Bank") (including Prestige Banking, Preferred Banking and any other Integrated Account) (the "Existing Customer(s)"), or customers who have closed any of the above accounts with the Bank in the previous 12 months prior to the account opening month, or customers whose accounts mentioned above have been terminated in any period.
  2. New Customers could enjoy welcome rewards of up to USD200, please refer to the Terms and Conditions of Preferred Banking Welcome Rewards at this website.
  3. The Promotion is only applicable to Eligible Customers who successfully receive salary via the sole-named or joint-named newly opened/upgraded Preferred Banking account (“Payroll Account”) within the Promotion Period, and fulfil the following requirements (“Eligible Payroll Customers”). Each Eligible Payroll Customer is entitled to the cash reward once:
    1. Have no payroll record under any account of the Bank during the period from 1 July 2022 to 31 December 2022; and
    2. Have at least one-month of payroll record of HKD10,000 or above in Eligible Customer’s Payroll Account during the period from 1 January 2023 to 31 May 2023 (“Designated Payroll Period); and the salary must be directly credited to Eligible Customer’s Payroll Account from the employer’s company account via Autopay (“Eligible Payroll Record”). Any salary not credited from the employer’s company account is not considered an Eligible Payroll Record.
  4. Eligible Incremental Amount refers to the positive net growth amount of the Eligible Payroll Customer ’s combined total deposit balance of sole-named HKD Savings/ Current Account (“Total HKD Deposit Balance”), and/or total deposit balance of sole-named USD Savings Account (“Total USD Deposit Balance”) from 31 December 2022 (“Baseline date”) to 31 March 2023 (“comparison date”) (“designated period”). For Eligible Payroll Customers who did not hold any HKD and/or USD account with the bank at the Baseline date, his/ her “Total HKD Deposit Balance” or “Total USD Deposit Balance” on the Baseline date will be treated as zero. All the related account deposit balances shall be based on the records of the Bank which shall prevail.
  5. The promotion period is from 1 January 2023 to 31 March 2023. New Customers who open a SimplyFund Account (Account Suffix 384) via Hang Seng Personal Banking mobile app and complete one funds subscription via SimplyFund Account within the Promotion Period are entitled to USD25 cash rewards. This offer cannot be enjoyed together with the "SimplyFund Rewards" mentioned in remarks 15. Eligible customer can only receive either reward in respect of the same fund subscription, whichever is higher. For details, please refer to the Terms and Conditions of Preferred Banking Welcome Rewards at this website. 
  6. The promotion period is from 1 January 2023 to 31 March 2023. Investment involves risk. Customers who open a Securities account within the Promotion Period are entitled to USD25 cash rewards. Terms and conditions apply to the offer. For details, please refer to the Terms and Conditions of Preferred Banking Welcome Rewards at this website. 
  7. The promotion period is from 1 January 2023 to 31 March 2023. Customers who have successfully applied for Hang Seng MPOWER Card or University / College Affinity Credit Card on or before 31 May 2023 are entitled USD25 Cash Reward. For details, please refer to the Terms and Conditions of Preferred Banking Welcome Rewards at this website.
  8. The promotion period is from 1 January 2023 to 31 March 2023. New customers who set up Savings Planner through Hang Seng Personal Banking mobile app during the Promotion Period, are entitled USD25 Cash Reward. Terms and Conditions apply, for details, please refer to the Terms and Conditions of Preferred Banking Welcome Rewards at this website. 
  9. Existing customers who upgrade to Preferred Banking during the Promotion Period could enjoy welcome rewards of up to USD100, please refer to the Terms and Conditions of Preferred Banking Welcome Rewards at this website.
  10. The promotion period is from 1 January 2023 to 31 March 2023. The offer is only applicable to new Preferred Banking customers who completes the designated services and requirements for FPS and Online Bill Payment Service for a specific number of times in any two months of the first, the second and the third months after the month of account opening month. Terms and Conditions apply. For details, please contact our branch staff or visit .
  11. The promotion period is from 1 January 2023 to 31 March 2023. Referee must fulfil designated requirements. For registration and details of Customer Referral Reward, please visit .
  12. The promotion period is from 16 January 2023 to 31 March 2023. For exchange with designated transaction amount by Eligible Customers. Bank’s Cost Price refers to the exchange rate for foreign exchange without any sales margin normally charged by the Bank. Other mark-up applied to the exchange rate for operational reasons will not be waived. This offer is not applicable to foreign exchange transaction(s) involving notes exchange, cash deposit, notes withdrawal, inward/outward remittance, Overseas Transfer Service, FX Order Watch Service and foreign exchange transaction(s) made on pre-defined dates by way of forward dated instruction(s). Foreign exchange involves exchange rate risk. Terms and Conditions apply. For the definition of Eligible Customers and the offer details, please contact our branch staff or visit .
  13. The promotion period is from 3 January 2023 to 31 March 2023. For exchange of designated currencies and set up of 1-week time deposit at the same time with designated transaction amount. The offer’s interest rate is quoted with reference to the interest rates offered by the Bank on 3 January 2023 and is for reference only. The relevant interest rates will be subject to revision based on the prevailing market conditions. The offer is not applicable to the pending and the renewal of time deposit and the transaction(s) via FX Order Watch Service, Virtual Assistant HARO services and Passbook Savings Account. Foreign exchange involves exchange rate risk. Terms and Conditions apply. For details, please contact our branch staff or visit .
  14. Foreign Order Watch and Rate Alert Service supports any pairs among 10 currencies, including AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, RMB and USD.
  15. The promotion period for all securities offers is from 1 January 2023 to 31 March 2023. “New securities customer(s)” mentioned herein refers to all the account holders of the new securities account must not hold any securities account(personal/joint) with the Bank within a period of 6 months preceding the account opening date. Investment involves risk. Terms and conditions apply. For details, please contact the Bank staff or visit .
  16. The promotion period for the SimplyFund Rewards offer is from 1 January 2023 to 31 March 2023. This offer cannot be enjoyed together with Reward 2 set out in the “Preferred Banking Account Opening Reward” in remarks 5. Eligible customer can only receive either reward in respect of the same fund subscription, whichever is higher. For offer details, please contact our branch staff or visit . Terms and conditions apply.
  17. Terms and Conditions apply to Savings Planner service, please visit .
  18. The promotion period is from now to 31 March 2023. Customers who have successfully applied for Hang Seng MPOWER Card during the Promotion Period and fulfilled the designated spending requirements of welcome offer are entitled to up to $700 Cash Dollars. For details, please visit .
  19. Customers have to register for "Hang Seng MPOWER Card 5% Cash Dollars Rebate Reward" and "Hang Seng Credit Card Spending Reward" simultaneously to enjoy up to 11% Cash Dollars Rebate Reward. Terms and conditions apply, please visit .
  20. The promotion period is from now to 31 March 2023. Customers who have successfully applied for University/College Affinity Credit Card during the Promotion Period and fulfilled the designated spending requirements of welcome offer are entitled to up to $600 Cash Dollars. For details, please visit .
  21. Customers have to register for " 2.4% Cash Dollars Rebate Offer for Tuition Fee Payment " to enjoy 2.4% Cash Dollars Rebate Reward. Terms and conditions apply, please visit .

Notes:

  • The document by itself is not and should not be considered as an offer, recommendation or solicitation to deal in any of the investment products or services mentioned herein.
  • Hang Seng Bank Limited (the "Bank") reserves the right to suspend, vary or terminate this promotion and the related offers and to amend their terms and conditions at any time without prior notice. In case of disputes, the decision of the Bank shall be final.
  • The contents of this document have not been reviewed by any regulatory authority in Hong Kong.
  • This material is not intended to provide or regard as legal or taxation advice, or investment recommendations.
  • The promotion is intended for persons in Hong Kong.

Risk Disclosure of Investment Funds:

  • Investors should note that all investments involve risks (including the possibility of loss of the capital invested), prices or value of investment fund units may go up as well as down and past performance information presented is not indicative of future performance. Investors should read carefully and understand the relevant offering documents of the investment funds (including the fund details and full text of the risk factors stated therein) and the Notice to Customers for Fund Investing before making any investment decision. Investment funds are investment products and some may involve derivatives. Investors should carefully consider their own circumstances whether an investment is suitable for them in view of their own investment objectives, investment experience, preferred investment tenor, financial situation, risk tolerance abilities, tax implications and other needs, etc., and should understand the nature, terms and risks of the investment products. Investors should obtain independent professional advice if they have concerns about their investment.

Risk Disclosure of SimplyFund Account:

  • Investors should note that all investments involve risks (including the possibility of loss of the capital invested), prices or value of investment fund units may go up as well as down and past performance information presented is not indicative of future performance. Investors should read carefully and understand the relevant offering documents of the investment funds (including the fund details and full text of the risk factors stated therein) and the Notice to Customers for Fund Investing before making any investment decision. Investment funds are investment products and some may involve derivatives. Investors should carefully consider their own circumstances whether an investment is suitable for them in view of their own investment objectives, investment experience, preferred investment tenor, financial situation, risk tolerance abilities, tax implications and other needs, etc., and should understand the nature, terms and risks of the investment products. Investors should obtain independent professional advice if they have concerns about their investment.
  • Not all of the investment funds that are distributed by Hang Seng Bank Limited (the "Bank") are available here. Only specific funds are available for subscription with this account. If you are looking for other investment funds or investment products, please visit our branches or our websites for more information.
  • In respect of the investment funds available for subscription with this account at the moment, they are provided either by the Bank's wholly owned subsidiary, Hang Seng Investment Management Limited, or by the Bank's affiliates HSBC Global Asset Management (Hong Kong) Limited.

Important Risk Warnings in relation to Securities Investment:

  • Investors should note that investment involves risks. The prices of securities fluctuate, sometimes dramatically. The price of a security may move up or down, and may become valueless. It is as likely that losses will be incurred rather than profit made as a result of buying and selling securities.
  • Investors should note that investing in different Renminbi-denominated securities and products involves different risks (including but are not limited to currency risk, exchange rate risk, credit risk of issuer / counterparty, interest rate risk, liquidity risk (where appropriate)). The key risks of investing in securities via the Stock Connect Northbound Trading include:
    • Once the respective quota is used up, trading will be affected or will be suspended.
    • Stock Connect Northbound Trading will only operate on days when both markets are open for trading and when banks in both markets are open on the corresponding settlement days. Investors should take note of the days the Stock Connect Northbound Trading is open for business and decide according to their own risk tolerance whether or not to take on the risk of price fluctuations in securities during the time when Stock Connect Northbound Trading is not trading.
    • When a security is recalled from the scope of eligible securities for trading via Stock Connect Northbound Trading, that security can only be sold but NOT bought.
    • Investors will be exposed to currency risk if conversion of the local currency into RMB is required.
  • Foreign securities carry additional risks not generally associated with securities in the domestic market. The value or income (if any) of foreign securities may be more volatile and could be adversely affected by changes in many factors. Client assets received or held by the licensed or registered person outside Hong Kong are subject to the applicable laws and regulations of the relevant overseas jurisdiction which may be different from the Securities and Futures Ordinance (Cap.571) and the rules made thereunder. Consequently, such client assets may not enjoy the same protection as that conferred on client assets received or held in Hong Kong.
  • Investors should not only base on this material alone to make any investment decision, but should read in detail in the relevant risk disclosure statements. The information contained herein is for general information and reference purposes only and is not intended to provide professional investment or other advice. It is not intended to form the basis of any investment decision. You should not make any investment decision based solely on the information and services provided herein. Before making any investment decision, you should take into account your own circumstances including but not limited to your financial situation, investment experience and investment objectives, and should understand the nature, terms and risks of the relevant investment product. You should obtain appropriate professional advice where necessary.

Risk Disclosure of Exchange Traded Fund ("ETF") investment:

Investors should note that ETF is different from a typical unit trust and many factors will affect its performance. In general, the market price per ETF unit may be significantly higher or lower than its net asset value per unit due to market demand and upply, liquidity, and scale of trading spread in the secondary market and will fluctuate during the trading day. ETF is different from stocks, investors should read the offering documents of the relevant ETF and understand the features and risks of ETF etc.

RMB Currency Risk

Renminbi ("RMB") is subject to exchange rate risk. Fluctuation in the exchange rate of RMB may result in losses in the event that the customer subsequently converts RMB into another currency (including Hong Kong Dollars). Exchange controls imposed by the relevant authorities may also adversely affect the applicable exchange rate. RMB is currently not freely convertible and conversion of RMB may be subject to certain policy, regulatory requirements and/or restrictions (which are subject to changes from time to time without notice). The actual conversion arrangement will depend on the policy, regulatory requirements and/or restrictions prevailing at the relevant time.

Foreign Currency Risk

Foreign Exchange involves Exchange Rate Risk. Fluctuations in the exchange rate of a foreign currency may result in gains or losses in the event that the customer converts HKD to foreign currency or vice versa, and/or in the event that the customer converts a foreign currency time deposit to HKD upon maturity.

Other point(s) to note

  • The mobile app is free of charge, but normal banking and transaction charges may apply when you conduct transactions via the app. Please refer to the Bank's service charges for details. In addition, customers are responsible for any fees and charges which may be levied by relevant telecommunication service provider from time to time. For any queries on charges for internet access, please contact your mobile network service provider.
  • The mobile app can be accessed via the network of any local or overseas telecommunications service provider. You can use a 2G, 3G, HSDPA, 4G or Wi-Fi service. However, you must have a mobile internet service plan and handset that can support Internet access. Access to the Internet may also involve set-up procedures on your handset for some fixed IP SIM cards. Please check with your telecommunication service provider for details and up-to-date instructions. The connection speed may vary for different telecommunication service providers, different data usage plans, and different geographical locations. If you experience a slow response when mobile web browsing or during data transmission, please check with your telecommunication service provider. Customers are responsible for any fees and charges which may be levied by relevant telecommunication service provider from time to time. For any queries on charges for internet access, please contact your telecommunication service provider.
  • FPS is a real-time payment platform provided by Hong Kong Interbank Clearing Limited and “Pull Money” is based on Faster Payment System (FPS) for operation. Terms and conditions apply. To read the latest Terms and Conditions for Faster Payment System, please refer to Part IX of the Account Rules (Browse Hang Seng Bank website > Banking > Banking Overview > More Banking Services > Useful Information > Terms and Conditions for Non-Integrated Account) or Part XIV of the Integrated Account Terms and Conditions (Browse Hang Seng Bank website > Banking > Banking Overview > More Banking Services > Useful Information > Terms and Conditions for Integrated Account).
  • Android, Google Play and the Google Play logo are trademarks of Google LLC.
  • Apple, the Apple logo, and iPhone are trademarks of Apple Inc, registered in the US and other countries. App Store is a service mark of Apple Inc.
  • Samsung Pay is a trademark of Samsung Electronics Co., Ltd.