Enjoy tax savings with potential returns
Save towards your retirement while enjoying tax deduction of up to HKD60,000 with Tax Deductible Voluntary Contributions (TVCs). What’s more, get up to HKD4,500 in bonus unit rebates when you open an HSBC MPF TVC account successfully with the required contributions.
Key benefits
Flexible contributions
You're in charge, so you can opt to contribute as much or as little[@mpf-mincontribution] as you want, whenever you like
Invest in your own way
With TVC, you take control on how you invest your money to make the best out of it
Tax-deductible contributions
Get a tax deduction of up to HKD60,000 on your TVC account contributions when you report your taxable income
With the HSBC Online Banking and HK Mobile Banking app (HSBC HK App), you can manage your MPF anytime, anywhere.
Get up to HKD4,500 in bonus unit rebates
Open an HSBC MPF TVC account and make contributions to enjoy up to HKD60,000 tax deduction and HKD4,500 bonus unit rebates.
Special offer
| Tier | Cumulative TVC amount paid or transferred during promotion period (HKD) | Bonus unit rebates upon reaching threshold (HKD) | Accumulated basic TVC bonus unit rebates (HKD) | Extra TVC bonus for employees of MPFA 'Good Employers'* (HKD) | Accumulated basic and extra TVC bonus unit rebates (HKD) |
|---|---|---|---|---|---|
| 1 | 3,000 | 100 | 100 | 50 | 150 |
| 2 | 30,000 | 200 | 300 | 100 | 450 |
| 3 | 60,000 | 300 | 600 | 150 | 900 |
| 4 | 120,000 | 800 | 1,400 | 400 | 2,100 |
| 5 | 180,000 |
1,600 |
3,000 |
800 | 4,500 |
| Tier | 1 |
|---|---|
| Cumulative TVC amount paid or transferred during promotion period (HKD) | 3,000 |
| Bonus unit rebates upon reaching threshold (HKD) | 100 |
| Accumulated basic TVC bonus unit rebates (HKD) | 100 |
| Extra TVC bonus for employees of MPFA 'Good Employers'* (HKD) | 50 |
| Accumulated basic and extra TVC bonus unit rebates (HKD) | 150 |
| Tier | 2 |
| Cumulative TVC amount paid or transferred during promotion period (HKD) | 30,000 |
| Bonus unit rebates upon reaching threshold (HKD) | 200 |
| Accumulated basic TVC bonus unit rebates (HKD) | 300 |
| Extra TVC bonus for employees of MPFA 'Good Employers'* (HKD) | 100 |
| Accumulated basic and extra TVC bonus unit rebates (HKD) | 450 |
| Tier | 3 |
| Cumulative TVC amount paid or transferred during promotion period (HKD) | 60,000 |
| Bonus unit rebates upon reaching threshold (HKD) | 300 |
| Accumulated basic TVC bonus unit rebates (HKD) | 600 |
| Extra TVC bonus for employees of MPFA 'Good Employers'* (HKD) | 150 |
| Accumulated basic and extra TVC bonus unit rebates (HKD) | 900 |
| Tier | 4 |
| Cumulative TVC amount paid or transferred during promotion period (HKD) | 120,000 |
| Bonus unit rebates upon reaching threshold (HKD) | 800 |
| Accumulated basic TVC bonus unit rebates (HKD) | 1,400 |
| Extra TVC bonus for employees of MPFA 'Good Employers'* (HKD) | 400 |
| Accumulated basic and extra TVC bonus unit rebates (HKD) | 2,100 |
| Tier | 5 |
| Cumulative TVC amount paid or transferred during promotion period (HKD) |
180,000 |
| Bonus unit rebates upon reaching threshold (HKD) |
1,600 |
| Accumulated basic TVC bonus unit rebates (HKD) |
3,000 |
| Extra TVC bonus for employees of MPFA 'Good Employers'* (HKD) | 800 |
| Accumulated basic and extra TVC bonus unit rebates (HKD) | 4,500 |
* If you're an employee under one of the MPFA Good Employers in years 2017–2018, 2018–2019, 2019–2020, 2020–2021 or 2021–2022, you'll be entitled to additional bonus unit rebates of 50% of the rebate amount under basic TVC bonus ("extra TVC bonus") on the day you open your HSBC MPF TVC account.
Important information
Eligibility
You can enrol in a TVC account if you fall under any of the following categories:
- You're an employee member of an MPF scheme
- You're a self-employed member of an MPF scheme
- You're a personal account holder of an MPF scheme
- You're a member of an MPF-exempted ORSO scheme
Please note that you can only have one TVC account under an MPF scheme.
Need help?
Meet with us
Speak with our MPF specialists who will be able to address your enquiries directly.
Call us
Our hotline is open 24 hours a day, every day. But if you need to speak to a specialist, we're available between 8:30am and 7:30pm, Mondays to Fridays; between 8:30am and 1:00pm on Saturdays, except on public holidays.
HSBC MPF member hotline: +852 3128 0128
Find out more
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