Is 18% for a whole year?

No. It is an annualised rate on a 1-month HKD time deposit, so the interest is about one-twelfth of 18%.

Enter D42I6H when opening your PingAnDB savings account.

PingAnDB Review: 18% p.a. 1-Month HKD Time Deposit

Ping An Digital Bank (formerly PAObank) review covering the 18% p.a. one-month HKD time-deposit offer for new customers, what it is actually worth, and the watch-outs.

Rating

3.7/5

Best for

Savers in Hong Kong who can park spare HKD for one month in a new virtual-bank account.

The 18% headline is real but short: it is an annual rate for one month, so you earn about 1.5% of the eligible amount, up to the cap in PingAnDB's terms. Worth doing if you have idle HKD and are happy to open another virtual-bank account.

Pros

High promotional rate
Opens in the App
Low effort once the deposit is placed

Watch-outs

One month only
Eligible amount is capped
Short campaign windows

Current related offer

Ping An Digital Bank (平安數字銀行) offer page

Provider

Ping An Digital Bank (平安數字銀行)

18% p.a. 1-month

New

Open a Ping An Digital Bank (平安數字銀行, formerly PAObank) savings account and enter invite code D42I6H. The supplied invite screen says new customers who open with a referral code can get up to 18% p.a. on a 1-month HKD time deposit. The rate lasts one month, so the interest is roughly one-twelfth of 18% on the eligible amount; the deposit cap, campaign window and any extra rewards follow PingAnDB's live terms in the App. PingAnDB is a Hong Kong virtual bank. This is not financial advice.

Requirement: Enter invite code D42I6H when opening a savings account; up to 18% p.a. applies to a 1-month HKD time deposit up to the cap in PingAnDB's live terms

Easy10-15 minutes to open an account in the AppPayout Promotional interest is paid when the 1-month time deposit matures, per PingAnDB's terms

Verified 24 September 2026 · Ends 30 September 2026

Get 18% p.a. 1-month ->

Referral code:

D42I6H

Full details & steps →

Full claim instructions are on the Ping An Digital Bank (平安數字銀行) offer page.

What it is worth

18% p.a. for one month is about 1.5% of the eligible amount. Check the cap in the App before deciding how much to move.

The current window is listed to 30 September 2026; PingAnDB changes these campaigns often.

FAQ

Is 18% for a whole year?: No. It is an annualised rate on a 1-month HKD time deposit, so the interest is about one-twelfth of 18%.
What code do I use?: Enter D42I6H when opening your PingAnDB savings account.

Last updated 24 September 2026. Reviews are informational only and not financial advice.