Term Deposit / Fixed Deposit Calculator

Fixed deposit, term deposit and time deposit are different labels for the same basic idea: you leave money with a bank for an agreed period and rate. In Hong Kong, the rate on the banner may be a new-funds offer, a particular tenor or a rate available only above a minimum balance.

Before comparing two rates, check when the promotional rate starts, whether the money must be fresh funds, what happens on renewal and whether early withdrawal is allowed. A deposit that cannot be withdrawn without losing interest is not a substitute for an emergency reserve.

The calculator shows the maturity amount and effective annual return under the inputs you provide. That matters when one bank quotes simple interest and another compounds at maturity or monthly. If inflation is higher than the deposit's return, the balance can rise in dollars while its purchasing power falls.

If you may need the money during the term, compare the result with a high-interest savings account rather than choosing the highest headline rate. The better option may be the one that leaves enough cash accessible, even if its advertised rate is a little lower.

Use the bank's confirmation for the final rate, tenor and early-withdrawal terms. This page is a comparison tool, not a deposit offer, and it does not assume a bank's latest promotion will remain available.