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Boost your savings with 4.10% AER/Gross

Increase your interest with our limited-time Savings Booster.

Open a Savings Booster today and secure 4.10% interest for 4 months

Our 4-month Savings Booster gives you a better rate than our regular Fixed Rate Saver. To take advantage, deposit at least £10,000 of new money into your instant-access account then apply for a Savings Booster online. Balances held in a Savings Booster aren't eligible for any other promotions. Find out more about funding your Savings Booster

Limited time offer, open your account by 15 January 2026

This offer may be extended or withdrawn early, and rates may be subject to change.

Interest rate

AER/Gross4.10%

How to apply

Things to know

About the Savings Booster account

  • All rates are AER/Gross and fixed for 4 months
  • Interest will be calculated daily and paid at the end of the 4-month term
  • Offer only applies to new funds brought in from outside HSBC Channel Islands and Isle of Man during the offer period
  • The new funds must increase your total balances with us1 by at least £10,000 or more, when compared to your total balances on 1 September 2025
  • You will be charged for early withdrawals
  • At the end of the 4-month term, your deposit, plus interest, will be paid into your nominated HSBC instant-access account
  • Your nominated instant-access account must be held for the full 4-month term
  • Even if you've had a Savings Booster before, you can still open a new one
  • This offer may be extended or withdrawn early, and rates may be subject to change

Who can apply?

To take advantage of this offer, you must:

  • Be an HSBC Channel Islands and Isle of Man customer
  • Be 18 years or older
  • Have a residential address within the Channel Islands or Isle of Man

How to apply

Already with HSBC?

You can apply for a Savings Booster online. It will take up to 3 working days for us to open your account. Please ensure funds are available in your account before submitting an application.

For joint accounts, you'll need to call us on 03456 00 61 61 or speak to your Relationship Manager.

New to HSBC?

Before you can apply for a Savings Booster, you'll need to have an account with us.

Explore our accounts

Need help with your application? 

Frequently asked questions

Can I open a joint Savings Booster account? 

Can I open more than one Savings Booster account? 

Can HSBC change the interest rate? 

Are there restrictions on the money I can use to fund my Savings Booster? 

What happens to my Savings Booster after 4 months? 

Can I access the money in my Savings Booster during the 4-month term? 

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1. HSBC Channel Islands and Isle of Man.

Disclaimers 

Terms and conditions apply

The offer may be withdrawn early and rates may be subject to change.

Deposits of £50,000 or over: You can't close the product or withdraw any money until the end of your fixed rate period. Deposits under £50,000: You can withdraw all of the money and close the product early, for a fee of 90 days interest. Depending on when you break your deposit, the fee may exceed the interest earned and could result in you getting back less money than you originally deposited. No partial withdrawals are permitted.

Interest rates are quoted for indication purposes only and are subject to variation.

AER (Annual Equivalent Rate): This is a notional interest rate which illustrates what the gross rate would be if interest were paid and compounded each year.

Gross: The interest rate before the deduction of tax applicable to interest on savings accounts.

It is your responsibility to report earnings to the appropriate tax authorities. However, all the interest you earn from your accounts may be subject to reporting to relevant tax authorities.

HSBC Bank plc, Jersey Branch, is a participant in the Jersey Bank Depositor Compensation Scheme. The Scheme offers protection for eligible deposits of up to £50,000. The maximum total amount of compensation is capped at £100,000,000 in any 5 year period. Full details of the scheme and banking groups covered are available on the states of Jersey website www.gov.je/dcs, or on request.

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.

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