Enjoy tax deduction and bonus unit rebate at the same time with MPF Tax Deductible Voluntary Contributions
Save towards your retirement while enjoying a maximum tax-deductible amount of HKD60,000 with Tax Deductible Voluntary Contributions (TVC).
What's more, enjoy a bonus unit rebate of up to HKD4,500 when you successfully open a new HSBC MPF TVC account and make TVC contributions with HSBC MPF or transfer TVC accrued benefits from other MPF schemes to HSBC MPF[@mpf-tvc-accrued-benefits].
Get a bonus unit rebate of up to HKD4,500
From 1 April 2025 to 31 March 2026, you can enjoy a bonus unit rebate of up to HKD4,500 when you successfully open a new HSBC MPF TVC account and make TVC contributions with HSBC MPF or transfer TVC accrued benefits from other MPF schemes to HSBC MPF[@mpf-tvc-accrued-benefits].
Investment involves risks. T&Cs apply.
TVC Offer for new customers[@mpf-tvc-offer-new-customer]
From 1 April 2025 to 31 March 2026, you can enjoy a basic bonus unit rebate of up to HKD3,000 ('Basic TVC Offer') when you successfully open a new HSBC MPF TVC account and make TVC contributions with HSBC MPF or transfer TVC accrued benefits from other MPF schemes to HSBC MPF[@mpf-tvc-accrued-benefits]. The more you contribute or transfer to us, the more bonus unit rebate you will enjoy.
If you are an employee of MPFA Good MPF Employers on the day of opening your HSBC MPF TVC account[@mpf-mpfa-good-employer], you can enjoy extra 1.5 times of bonus unit rebate ('Extra TVC Offer'), equivalent of a bonus unit rebate of up to HKD4,500.
Investment involves risks. T&Cs apply.
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
A maximum tax-deductible amount of HKD60,000 from your assessable income
With the HSBC Online Banking and HK Mobile Banking app (HSBC HK App), you can manage your MPF anytime, anywhere.
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.
Awarded the '2025 MPF Scheme of the Year' & '2025 Employers' Choice'[@mpf-rating2024]
The only MPF provider in Hong Kong that has been crowned both the 'MPF Scheme of the Year' & 'Employers' Choice' for 3 consecutive years[@mpf-rating2024].
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
You may also be interested in
MPF Personal Accounts
Consolidate your MPF personal accounts to HSBC MPF, and manage your MPF accounts easily through a one-stop platform that lets you manage both your MPF and bank accounts
MPF for members
Explore our MPF options and find out how to manage your MPF accrued benefits easily
Managing your personal MPF account
Manage your MPF needs and benefits all in one place
Retirement Monitor
Find out what the potential costs for your desired retirement life might be and how to plan for them