Enjoy a variable rate of 0.55% AER/gross with an Online Bonus Saver account in months when you don’t make a withdrawal – and if you do make a withdrawal, you’ll still receive 0.10% AER/gross.

Key Benefits

  • Start saving from just £1
    That's all you need to open an account, up to a maximum of £2,000,000. We allow one account per customer.
  • Enjoy bonus interest
    Make no withdrawals in the month and you'll earn bonus interest. Interest is calculated daily and paid monthly on the full balance.
  • Manage your account online
    This is an online savings account, you are only able to operate this account online. You can apply for it in minutes and see your balance and transactions online.
  • Higher rate on balances up to £50,000
    If you have more than £50,000 in your Online Bonus Saver account, we pay a lower interest rate on the money above £50,000


In order to open an Online Bonus Saver you must:

  • be aged 16 or over
  • be a resident of the Channel Islands or Isle of Man
  • be able to operate the account solely online through Online Banking

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