Fixed Deposit Calculator
Use our FD calculator to find out how much interest you’ll earn and your total maturity amount—before you invest in Fixed Deposit. Perfect for short-term goals or safe cash parking.
Calculate your guaranteed returns
Rates may change at the time of your lock-in.
$
%
Total Investment
$100,000
Interest Rate (p.a.)
3% p.a.
Time Period
0 Years 6 Months
Est. Returns
$1,479
Total Value
$101,479
Note: The actual interest earned may be different from the calculated interest due to a variety of factors
Total Investment $100,000
Est. Returns $1,479
Total Value
$101K
Disclaimer:
Our Fixed Deposit Calculator helps you visualise how much your savings can grow over a fixed period.
By entering your deposit amount, expected interest rate, and tenure, you can instantly estimate your maturity amount and the total interest earned—helping you make more informed decisions with your money.
What is a fixed deposit?
A Fixed Deposit (FD) is a type of savings product that lets you earn a guaranteed interest rate on a lump sum of money over a fixed period of time.
Offered by banks and financial institutions, it is one of the most straightforward and low-risk ways to grow your savings. FDs are commonly used by individuals looking to preserve capital while earning a predictable return.
You agree to lock in your money for a set period—typically ranging from 1 to 12 months or more—and in return, the bank pays you interest. If you withdraw early, there may be penalties or a reduction in interest earned.
Deposits in Hong Kong are protected under the Deposit Protection Scheme (DPS), which covers up to HKD 800,000 per depositor per bank, offering an extra layer of security.
How FD interest is calculated?
In most cases, banks in Singapore use simple interest for FDs. That means your interest is calculated only on the initial deposit, not on accumulated interest.
Formula:
Interest = Principal x Interest Rate x Time
Here are a few examples to illustrate how interest is earned over different tenures:
| Principal | Interest Rate (p.a.) | Tenure | Interest Earned | Maturity Amount |
|---|---|---|---|---|
| HKD 10,000 | 3.20% | 3 months | HKD 80 | HKD 10,080 |
| HKD 10,000 | 3.50% | 6 months | HKD 175 | HKD 10,175 |
| HKD 10,000 | 4.30% | 12 months | HKD 380 | HKD 10,430 |
The maturity amount you see reflects how much you’ll receive at the end of your selected tenure, assuming you don’t withdraw early. While longer tenures often offer higher interest rates, they also reduce liquidity. Be sure to compare rates across banks before committing—especially during promotional campaigns.
Want to explore your options? Check out the Latest FD Rates in Hong Kong updated monthly.
Fixed deposits vs. other low-risk investments
While Fixed Deposits are safe and simple, they aren’t the only low risk way to grow your cash.
Alternatives like StashAway Cash Yield offers different trade-offs across flexibility, yield, and accessibility.
| Feature / Product | HKD Fixed Deposit (FD) | USD Fixed Deposit (FD) | USD Cash Yield |
|---|---|---|---|
| Estimated Returns | ~0.80–3.40% p.a. | ~0.25–4.10% p.a. | 4.30% |
| Liquidity | Low (locked-in) | High (withdraw anytime) | Low (locked for 6 months) |
| Tenure / Lock-in | Varies, typically 1–12 months | Varies, typically 1–12 months | No lock-in |
| Interest Payout | End of term | End of term | Accrued daily |
*Data as of Apr 2025.
Looking for a flexible way to grow your savings without locking them up? Try USD Cash Yield — no lock-ins, no minimums, and daily yield accrual.