, China

Check out Wing Hang Bank's special promotion for the Lunar New Year

Customers who start a My Kid Savings Plan are entitled to a 1.75% interest rate.

According to a release, Wing Hang Bank offers My Kid Savings Plan Special Interest Rate Privileges that tailor-make to fit the need of family with kids who get lai see money during the Lunar New Year.

During the promotion period (from 7 February to 15 March 2013), customer who starts a new My Kid Savings Plan with monthly deposit between HKD500 and HKD10,000 will be entitled to a special interest rate up to 1.75%p.a. See the photo below for details.

Furthermore, customer can place optional initial deposit and inject additional deposit during each Lunar New Year to increase interest return. 

Mr. Stephen Wong, Senior Deputy General Manager & Head of Retail Banking Division of Wing Hang Bank, Limited, said, “Start a My Kid Savings Plan after Lunar New Year for the children and deposit their red packet money can help children develop savings habits and get a proper money management concept. My Kid Savings Plan differs from other monthly savings plan. Parents can increase interest return by putting in their children’s savings together with their “Red Pocket Money” after each Lunar New Year.”