ZA Bank has introduced its new payroll offer, “Salary+,” effective 1 August 2024. Users receiving their monthly salary via ZA Bank can benefit from a welcome offer of up to 8.8 percent p.a. HKD savings rate without needing a separate payroll account.

From now until 31 October 2024, new payroll users who receive their first eligible salary of HK$ 8,000 via their account within 90 days of successful registration will receive a 3.59 percent p.a. HKD savings rate-up coupon.

Combined with the current basic interest rate of 0.01 percent p.a., users can enjoy a total of 3.6 percent p.a. HKD savings rate for a maximum savings balance of HKD 200,000. The coupon is valid for 90 days, allowing users to earn up to HKD 1,775 in interest.

Users who receive a designated monthly salary via ZA Bank for three consecutive months will earn a corresponding bonus reward. For example, a user with a monthly payroll of HK$150,000 can earn up to HK$6,115 in interest during the programme period.

Participants must register during the programme and receive salary income within the specified timeframe to qualify for the “First Payroll Reward” and “Payroll Reward for three consecutive months.” Each participant can only receive the reward once during the programme period.

Featured image credit: Edited from Freepik