Hang Seng Survey: Hong Kong Workers Save Nearly 30% Monthly

Maximise Savings with Hang Seng PayDay⁺ Offers 
Featuring up to 5% p.a. Savings Rates and Buy-Brokerage Fee Waiver

HONG KONG, April 30, 2025 /PRNewswire/ — In a recent survey conducted by Hang Seng Bank, over 400 working individuals in Hong Kong, aged 18 or above, are saving an average of nearly 30% of their monthly income to ensure financial flexibility. To meet their dynamic goals in wealth management and lifestyle of these savvy savers, Hang Seng is launching a series of PayDay⁺ offers tailored to payroll customers, looking to maximise the value of their income in a simple and flexible way.

1. Max Earning: Enjoy up to 5% p.a. Preferential Savings Rate on HKD and FCY Deposits
   During the promotion period, customers who successfully switch to Hang Seng PayDay⁺ for payroll services can enjoy up to 5% p.a. preferential savings rate on Hong Kong Dollar (‘HKD’) deposits while both new and existing PayDay⁺ customers can enjoy up to 5% p.a. preferential savings rate on foreign currency (‘FCY’) deposits, effortlessly generating extra income from their paychecks.
2. Max Saving: $0 Buy-Brokerage Fee on Hong Kong ETFs and US Stocks Plus $0 Fees on More Services
   From now on until 31 December 2025, new and existing PayDay⁺ customers can benefit from $0 buy brokerage fee for Hong Kong ETFs and US stocks via online trading channels, and enjoy $0 fees on FCY notes deposit and withdrawal. PayDay⁺ customers can also benefit from exclusive offers on over 20 tailored wealth and lending products. Additionally, customers can enjoy $0 fee on Everyday Banking Services via Hang Seng Mobile App.
3. Max Fun: Five Extra Chances for ‘Everyday Air Ticket Lucky Draw’
   Between 16 May 2025 and 15 January 2026, new and existing PayDay⁺ customers who hold a valid principal Hang Seng credit card, upon successful registration and meeting retail spending requirements during designated spending period are entitled to ‘Everyday Air Ticket Lucky Draw’, with five extra chances to win prizes everyday.

Rannie Lee, Head of Wealth and Personal Banking at Hang Seng Bank, said: “Hong Kong workers are renowned for their dedication and hard work. With many individuals saving a substantial portion of their income, we understand our essential role in supporting customers in achieving effective financial management and wealth growth. We are thrilled to introduce our more extensive PayDay⁺ offers that makes saving and investment for additional income effortless. Our commitment is to partner with our customers on their financial journeys to reach their financial and life goals.”

To showcase the PayDay⁺ and Preferred Banking offers, Hang Seng has once again partnered with renowned artist Eric Kot, along with popular singers Hung Ka Ho, Kiri T and Gordon Flanders in a marketing campaign. The video is now available across major media platforms and on the official Hang Seng YouTube channel (https://youtu.be/Rm2MsCNuxms). In addition, customers who open a Preferred Banking account can enjoy rewards of up to HKD2,700. For more details, please visit (https://hangseng.com/preferred/offers).