Hang Seng Introduces the New PayDay+: Enjoy up to 6% p.a. HKD Savings Rate on Payroll Service Transfers [Yahoo! Finance]
HANG SENG BANK LTD S/ADR (HSNGY)
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Source: Yahoo! Finance
HONG KONG April 19, 2024 /PRNewswire/ -- Hang Seng Bank ('Hang Seng') introduces the new PayDay , offering an exceptional Hong Kong Dollar ('HKD') savings rate of up to 6% p.a. for customers who transfer their payroll accounts to the Bank. This exclusive service is further enhanced with special offers in travel, insurance, and investment for both customers who are new to the Bank's payroll accounts and existing customers, tailored to meet the diverse needs of hardworking individuals. In an effort to better understand the lifestyle and financial habits of employed individuals in Hong Kong , Hang Seng surveyed nearly 500 working population aged 18-65. The survey revealed that almost 90% of respondents prioritise fund flexibility when seeking deposit benefits, and nearly 80% prefer flexible deposit options over higher-return, locked-in investment schemes. Additionally, most respondents are drawn to payroll accounts that offer higher savings rates, cash incentives, or other rewards.
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