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Savings accounts

A range of savings accounts to meet your needs

Boost your savings with 4.40% AER/Gross

Earn 4.40% AER/Gross on your savings with our 4-month fixed-rate Savings Booster. T&Cs (PDF) and eligibility criteria apply.
Deposits must be new to HSBC CIIOM, £10,000 minimum deposit, T&Cs (PDF) and eligibility criteria apply.

HSBC Fixed Rate Saver

Choose to save for a fixed term between 3 months and 3 years.
  • Minimum deposit £2,000
  • For deposits of £50,000 or more, early withdrawals in full or in part are not permitted
  • For balances below £50,000 early withdrawal in full is possible subject to a fee of 90 days' gross interest
  • Available to HSBC Current Account or savings account customers

3.30% to 4.50% AER/Gross

 

Depending on amount invested and term chosen.

Interest rates fixed and paid monthly, annually or on maturity depending on the term.

HSBC Online Bonus Saver

Bonus interest in any month you don't make a withdrawal.
  • £1 deposit to open
  • This account is exclusively opened and managed online
  • Instant access with no charge
  • Earn more interest in months when you don't make any withdrawals

2.08% AER / 2.06% Gross

Interest for the calendar months you don't make a withdrawal

 

1.06% AER / 1.05% Gross

For any calendar month during which you make a withdrawal

Interest rates variable and paid monthly

Are you eligible? 

HSBC Flexible Saver

Save for whatever is important to you.
  • £1 deposit to open
  • Instant access with no charge
  • Transfer funds in real time to or from your HSBC Current Account

1.06% AER / 1.05% Gross

Interest rates variable and paid monthly

Are you eligible? 

HSBC Premier Savings

Available to HSBC Premier customers only.
  • £1 deposit to open
  • Transfer funds immediately to or from your HSBC Premier Current Account
  • Instant access with no charge

1.10% AER / 1.09% Gross

Interest rates variable and paid monthly

Are you eligible? 

HSBC Regular Saver

Save up to £3,000 at a fixed rate of interest for 12 months.
  • £25 deposit to open
  • Deposit at least £25 a month. The monthly subscription limit is £250. However if you do not save £250 in any given month you can carry over any unused subscription to following months
  • No partial withdrawals allowed during the 12 month period

4.75% AER / gross

Interest rates fixed and paid after 12 months

Are you eligible? 

HSBC MySavings

An easy way to save for 7-17 year olds.
  • £10 deposit to open
  • Take out money at a branch if you need it
  • Instant access
  • On your 11th birthday you'll get a MyAccount which comes with an HSBC Visa debit card

3.24% AER / 3.19% Gross

On Balances up to £3,000

1.25% AER / 1.24% Gross

On balances over £3,000

Interest rates variable and paid monthly

HSBC Future Saver for Children

Start saving for your child's future, with an account you control.
  • £1 deposit to open
  • Instant access
  • Give the money to your child when it will help them the most

1.25% AER / 1.24% Gross

 

Interest rates variable and paid monthly.

Definitions

AER stands for Annual Equivalent Rate. This shows you what the gross rate would be if interest were paid and compounded each year.

Gross is the rate of interest if interest were paid and not compounded each year.

 

Your eligible deposits with HSBC Bank plc are protected up to the limit of your local Compensation Scheme.

Find out more about how our savings accounts can help you reach your goals:

You might be interested

How to grow your savings

 
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Find out how you can build up your savings pot. 

Guides to investing

 

Explore our guides to help you get more from your money and develop your understanding of savings and investments.

HSBC Premier Credit Card

 

Available exclusively to our Premier current account customers.

Mortgages

 

Finding your mortgage just got easier.

Additional information

Deposits made with our branches in the Channel Islands and the Isle of Man are not protected by the rules made under the UK's Financial Services and Markets Act 2000 for the protection of retail clients, including the Financial Services Compensation Scheme.

HSBC Bank plc, Jersey Branch, is a participant in the Jersey Bank Depositors Compensation Scheme. The Scheme aims to provide protection for eligible depositors of up to £50,000. For further information please visit www.jrdca.org.je/jdcs.

HSBC Bank plc, Guernsey Branch, is a participant in the Guernsey Banking Deposit Compensation Scheme. The Scheme offers protection for 'qualifying deposits' up to £50,000, subject to certain limitations. The maximum total amount of compensation is capped at £100,000,000 in any 5-year period. Full details are available on the Scheme's website www.dcs.gg or on request.

HSBC Bank plc in the Isle of Man is a participant in the Isle of Man Depositors' Compensation Scheme as set out in the Depositors' Compensation Scheme Regulations 2010.

Issued by HSBC Bank plc, registered in England and Wales number 14259. Registered office 8 Canada Square, London, E14 5HQ. HSBC Bank plc, Jersey Branch is licensed by the Jersey Financial Services Commission. HSBC Bank plc, Guernsey Branch is licensed by the Guernsey Financial Services Commission. In the Isle of Man HSBC Bank plc is licensed by the Isle of Man Financial Services Authority and is registered with the Isle of Man Financial Services Authority as an insurance intermediary.

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