HSBC and Standard Chartered are among the lenders to have entered the battle for new customers who need a bank account to receive their cash handout. Photo: BloombergHSBC and Standard Chartered are among the lenders to have entered the battle for new customers who need a bank account to receive their cash handout. Photo: Bloomberg
HSBC and Standard Chartered are among the lenders to have entered the battle for new customers who need a bank account to receive their cash handout. Photo: Bloomberg

HSBC, Standard Chartered, and online lenders Airstar, WeLab race to offer high interest rates, cash prizes to capture new customers claiming their HK$10,000 government payout

  • HSBC, the city’s biggest lender, is offering a 10 per cent saving rate for new customers who open an account to receive their handout
  • Many lenders offer cash draw from HK$20 to HK$100,000 to compete for 7 million people to register the government payout with them
Topic |   Banking & Finance
HSBC and Standard Chartered are among the lenders to have entered the battle for new customers who need a bank account to receive their cash handout. Photo: BloombergHSBC and Standard Chartered are among the lenders to have entered the battle for new customers who need a bank account to receive their cash handout. Photo: Bloomberg
HSBC and Standard Chartered are among the lenders to have entered the battle for new customers who need a bank account to receive their cash handout. Photo: Bloomberg
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