Make your money work hard for you and know exactly what you’ll get. Choose a term, deposit a minimum of £2,000 into your Fixed Rate Saver and earn interest at a great fixed rate. 

Key Benefits

  • Choose how long you save
    Choose from 2 deposit terms, 6 months or 1 year, and deposit anything from £2,000
  • Get a great interest rate
    Earn between 0.77% AER/gross and 0.90% AER/gross depending on amount invested and term chosen 
  • Set up savings for a child
    Anyone eligible to open a Fixed Rate Saver may also open an account in branch on behalf of a child, providing the child is at least seven years of age
  • Reinvest your savings
    Before the end of the term, we'll ask if you want to withdraw your money, start a new Fixed Rate Saver or discuss your options 
  • Know exactly what you'll get
    Your interest rate remains fixed throughout the term, so you know in advance exactly how much interest you'll earn.  
  • Close early if you need to
    Provided the deposit is under £50,000 you can close the bond early for a fee of 90 days interest. Depending on when the withdrawal is made, you may get back less than originally invested. If the deposit is over £50,000 you can't close your bond or withdraw any money until the end of the deposit term. 

Are you eligible?

  • Aged 7 years or over
  • Have an HSBC current account or savings account (excluding a Regular Savings Account or Basic Bank Account) which you must maintain for the duration of the fixed term
  • If you are aged between 7 years and 15 years you will need your application signed by a parent or guardian
  • If you are aged 18 years or over, you may also open a beneficiary account for a child providing you also hold a Future Saver for Children in the same names. This can only be opened in branch.

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