ZA Savings Go Interest Rate Offer Terms and Conditions


1.  ZA Savings Go Interest Rate Offer (the “Offer”) is effective from 24 March 2020 until terminated or withdrawn by ZA Bank Limited (the “Bank”) in accordance with Clause 7 (the “applicable period”).


2.  The Offer is applicable to individual customers who open and maintain a valid and active Hong Kong dollar savings account with the Bank (“Eligible Customers”).


3.  The Offer is applicable to the savings account deposit balance at HKD500,000 or below. The basic savings interest rate will be applied for the savings account deposit balance above HKD500,000.


Hong Kong dollar savings deposit balance Hong Kong Dollar Savings Annual Interest Rate (“Rates”):
HKD500,000 or below Savings Go Interest Rate
Above HKD500,000 Basic Savings Interest Rate

Interest rates will be adjusted from time to time as per prevailing market conditions. For the latest Savings interest rates, please refer to ZA Bank Website

4.  The Rates stated in Clause 3 are for reference only and are not guaranteed. The Rates are subject to change from time to time and at the Bank’s sole and absolute discretion.


5.  Interests are calculated on daily basis and settled once a month. All related account deposit balance shall be based on the record of the Bank. If the account is cancelled by the customer before the end of the applicable period or before the interest is credited to the account, the interest payable will be settled before the account is cancelled.


6.  The prevailing Hong Kong Dollar basic Savings Interest Rate is still valid.


7.  The Bank reserves the right to adjust, withdraw or cancel the Offer, and to amend or revise any of these terms and conditions from time to time without prior notice and without assigning any reasons whatsoever.


8.  In case of any ambiguity, doubts or disputes arising out of or under any of these terms and conditions or any communications, the decision of the Bank is final and conclusive in all circumstances without assigning any reasons whatsoever and no correspondence will be entered into.


9.  These terms and conditions are governed in all respects by and construed in accordance with the laws of the Hong Kong Special Administrative Region. The parties submit to the jurisdiction of the courts of the Hong Kong Special Administrative Region.


10.  These terms and conditions should be read in conjunction with the Bank’s General Terms and Conditions. If there are any inconsistencies between the General Terms and Conditions and the terms herein, the General Terms and Conditions shall prevail.


11.  No other than the Eligible Customers and the Bank (includes its successors and assigns) will have any right under the Contracts (Rights of Third Parties) Ordinance to enforce or enjoy the benefit of any of the provision of these terms and conditions.


12.  In the event of any discrepancy or inconsistencies between the English and Chinese versions of these terms and conditions, the English version shall prevail.

ZA Bank Limited