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Regular Saver

Our highest savings rate
Hiker stands on top of mountain

Put money aside each month and watch your balance grow with an HSBC Regular Saver. You can save up to £3,000 at a great interest rate that's fixed for 12 months - either 3% or 5% AER/gross.

Key Benefits

  • Get a preferential rate of 5% AER/gross if...
    You're an HSBC Premier or HSBC Advance customer1
  • Get 3% AER/gross if...
    You're a Bank Account, Bank Account Pay Monthly or Graduate Bank Account customer2
  • Earn a high rate of interest
    If you save £250 every month for 12 months and qualify for the 5% interest rate, you'll earn approximately £81 interest (gross)
  • Receive a lump sum
    At the end of 12 months we'll transfer your account balance into your Instant Access Savings, Flexible Saver or Premier Savings. If you have more than one of these accounts we'll pay your savings into the account which pays the best interest. And if you don't have any of these accounts, we'll convert your Regular Saver to a Flexible Saver. Please note that the money will only be moved into accounts that have exactly the same sole or joint names as the Regular Saver account
  • Save for a 12-month term
    With Regular Saver, you save money over a 12-month fixed period. Partial withdrawals are not permitted. If you close your account early, you'll receive interest at our Flexible Saver rate
  • Start saving from just £25
    You can start your account by saving just £25 per month by standing order from your HSBC current account
  • Build your savings your way
    Even if you don't save the maximum £250 every month, you can still save £3000 over the year. You can carry your savings allowance over into the following months

 

Are you eligible?

In order to open a Regular Saver you must have one of these HSBC current accounts:

  • Bank Account
  • Bank Account Pay Monthly
  • Student Bank Account
  • Graduate Bank Account
  • HSBC Premier
  • HSBC Advance

 

We allow one Regular Saver per customer

 

1. HSBC Premier is subject to financial eligibility criteria. Please refer to the HSBC Premier webpages for more information. HSBC Advance Bank Account is subject to eligibility criteria and is available to customers who pay in £1,750 or more each month (or a minimum of £10,500 every six months), not including money transferred from other sole or joint personal accounts held with HSBC Bank. Please refer to the HSBC Advance webpages for more information.

2. HSBC Bank Account Pay monthly costs £10 per month. HSBC Bank Account requires a minimum of £500 per month to be paid into the account. This does not apply if you're under the age of 24.

 

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

Key product information

 

How it works

  • You'll get a fixed rate of 5% AER/gross if you're an HSBC Premier or HSBC Advance customer (providing you keep the account for the period you hold a Regular Saver with us).1
  • You'll get a fixed rate of 3% AER/gross if you're a Bank Account, Bank Account Pay Monthly, Student Bank Account or Graduate Bank Account customer.2
  • You can choose to set up a standing order to pay between £25 and £250 into your Regular Saver Account each month, up to a total of £3,000. (If your regular payments are less than £250, you can carry your allowance over and pay more in later months.)
  • Please note, you can only hold one Regular Saver Account at any given time.

 

 

What is the interest rate?

  • Standard Rates: 3.00% AER (3.00% Gross)
  • Preferential Rates: 5.00% AER (5.00% Gross)
  • Interest is calculated daily and is credited at the end of the 12 month fixed term.
  • Standard rates available to Bank Account, Bank Account Pay Monthly, Student Bank Account or Graduate Bank Account customers.
  • Preferential rates only available to HSBC Premier or HSBC Advance customers.

 

 

Can HSBC change the interest rate?
No, once your account is opened the rate will remain fixed for the 12 month term.

 

What would the estimated balance be after 12 months based on 12 regular monthly deposits of £25 and £250?

 
Monthly Deposits Total Deposits after 12 months Rate Interest Rate Balance at end of 12 months
£25
£300
Standard Rates
3.00% AER (3.00% Gross)
£304.88
    Preferential Rates
5.00% AER (5.00% Gross)
£308.12
£250
£3,000
Standard Rates
3.00% AER (3.00% Gross)
£3,048.75
    Preferential Rates
5.00% AER (5.00% Gross)
£3,081.25

 

For the purpose of this calculation, it is assumed:-

  • 12 monthly deposits of £25 or £250
  • No withdrawals
  • No change to the interest rate during the 12 months

    Projection provided for illustrative purposes only and does not take into account individual circumstances.

 

How do I open & manage my account?

  • You must have one of the following HSBC current accounts: HSBC Premier, HSBC Advance, Bank Account, Bank Account Pay Monthly, Student Bank Account or Graduate Bank Account which you must maintain for the 12 month duration
  • Open an account via Telephone Banking or in branch.
  • The minimum deposit in month 1 is £25
  • The maximum balance is £3,000 at the end of the 12 month term
  • Regular deposits must be made by standing order each month
  • The minimum monthly deposit is £25 per month
  • The maximum monthly deposit is £250 per month
  • If you don't pay in the maximum allowed in any month, you can carry over the unused subscriptions and catch up in future months

 

 

How to manage the account

  • Once opened you can view your account balance via Online Banking, our Mobile Banking App, in branch or via Telephone Banking. You can change the amount of your standing order via Telephone Banking.

 

 

Can I withdraw money?

  • No, you can not make partial withdrawals.
  • You can close your account before the end of the 12 month term however you will receive interest up to the date of closure at our Flexible Saver rate.
  • At the end of 12 months we'll transfer your savings into your Instant Access Savings, Flexible Saver or Premier Savings. 
  • If you have more than one of these accounts we'll pay your savings into the account which pays the best interest. 
  • And if you don't have any of these accounts, we'll convert your Regular Saver to a Flexible Saver.

 

 

Additional Information

  • A 14 day cancellation period applies to this account.
  • We do not deduct tax from any interest paid to you. 

 

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.

 

Rates correct as at 06.04.17

 

1. HSBC Premier is subject to financial eligibility criteria. Please refer to the HSBC Premier webpages for more information. HSBC Advance Bank Account is subject to eligibility criteria and is available to customers who pay in £1,750 or more each month (or a minimum of £10,500 every six months), not including money transferred from other sole or joint personal accounts held with HSBC Bank. Please refer to the HSBC Advance webpages for more information.

2. HSBC Bank Account Pay monthly costs £10 per month. HSBC Bank Account requires a minimum of £500 per month to be paid into the account. This does not apply if you're under the age of 24.

 

 

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

Only available to HSBC Premier and HSBC Advance customers.

Annual interest (Fixed Rate).

 
Effective date Amount
Gross %
AER%
30.09.16
  £25 - £250 per month
5.00
5.00

 

 

Only available to Bank Account, Bank Account Pay Monthly, Student Bank Account or Graduate Bank Account customers.
Annual Interest (Fixed Rate).

 
Effective date
Amount
Gross%
AER%
 
30.09.16
£25 - £250 per month
3.00
3.00

 

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.

Before you apply, take a look below at the summary box and things you should know about your Regular Saver application.

Apply in branch

  • HSBC Current Account customers can book an appointment to apply in branch by calling 03456 00 61 61.
  • From outside the UK, Channel Islands or Isle of Man, call +44 1226 261 010.
  • You’ll need to bring identification and proof of your address.

Summary Box

What is the interest rate?

Interest is calculated daily and is credited at the end of the 12 month fixed term. Standard rates available to Bank Account, Bank Account Pay Monthly, Student Bank Account or Graduate Bank Account customers. Preferential rates only available to HSBC Premier or HSBC Advance customers.

 
Rate
Interest Rate
Standard Rates
3.00% AER (3.00% Gross)
Preferential Rates
5.00% AER (5.00% Gross)

 

 

Can HSBC change the interest rate?
No, once your account is opened the rate will remain fixed for the 12 month term.

 

 

What would the estimated balance be after 12 months based on 12 regular monthly deposits of £25 and £250?

For the purpose of this calculation, it is assumed:-

  • 12 monthly deposits of £25 or £250
  • No withdrawals
  • No change to the interest rate during the 12 months

Projection provided for illustrative purposes only and does not take into account individual circumstances.

 
Monthly Deposits
Total Deposits after 12 months
Rate
Interest Rate
 
Balance at end of 12 months
£25
£300
Standard Rates
3.00% AER (3.00% Gross)
£304.88
    Preferential Rates
5.00% AER (5.00% Gross)
£308.12
£250
£3,000
Standard Rates
3.00% AER (3.00% Gross)
£3,048.75
    Preferential Rates
5.00% AER (5.00% Gross)
£3,081.25

 

 

How do I open & manage my account?

  • You must have one of the following HSBC current accounts: Bank Account, Bank Account Pay Monthly, Student Bank Account or Graduate Bank Account which you must maintain for the 12 month duration
  • Open an account via Telephone Banking or in branch.
  • The minimum deposit in month 1 is £25
  • The maximum balance is £3,000 at the end of the 12 month term
  • Regular deposits must be made by standing order each month
  • The minimum monthly deposit is £25 per month
  • The maximum monthly deposit is £250 per month
  • If you don't pay in the maximum allowed in any month, you can carry over the unused subscriptions and catch up in future months
  • Once opened you can view your account balance via Online Banking, our Mobile Banking App, in branch or via Telephone Banking. You can change the amount of your standing order via Telephone Banking.

 

 

Can I withdraw money?
No, you can not make partial withdrawals.

You can close your account before the end of the 12 month term however you will receive interest up to the date of closure at our Flexible Saver rate, currently 0.05% AER.

At the end of 12 months we'll transfer your savings into your Instant Access Savings, Flexible Saver or Premier Savings. If you have more than one of these accounts we'll pay your savings into the account which pays the best interest. And if you don't have any of these accounts, we'll convert your Regular Saver to a Flexible Saver.

 

 

Additional Information

  • A 14 day cancellation period applies to this account. 
  • We do not deduct tax from any interest paid to you. 

 

 

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.

 

 

Rates correct as at 06.12.17

Things you need to know

Before applying, please take the time to read the following. You may also want to save some of these documents for future reference.

 

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

To read our PDF files you'll need to have Acrobat Reader 8.0™ or above. It's free and can be downloaded from Adobe UK. If you are accessing this website using screen reading technology that cannot read PDFs, a converter is available at Access Adobe (these links may allow you to access a non-HSBC website. HSBC Bank plc has no control over the linked website and is not liable for your use of it).

 

Put money aside each month and watch your balance grow with an HSBC Regular Saver. You can save up to £3,000 at a great interest rate that's fixed for 12 months - either 3% or 5% AER/gross.

Key Benefits

  • Get a preferential rate of 5% AER/gross if...
    You're an HSBC Premier or HSBC Advance customer1
  • Get 3% AER/gross if...
    You're a Bank Account, Bank Account Pay Monthly or Graduate Bank Account customer2
  • Earn a high rate of interest
    If you save £250 every month for 12 months and qualify for the 5% interest rate, you'll earn approximately £81 interest (gross)
  • Receive a lump sum
    At the end of 12 months we'll transfer your account balance into your Instant Access Savings, Flexible Saver or Premier Savings. If you have more than one of these accounts we'll pay your savings into the account which pays the best interest. And if you don't have any of these accounts, we'll convert your Regular Saver to a Flexible Saver. Please note that the money will only be moved into accounts that have exactly the same sole or joint names as the Regular Saver account
  • Save for a 12-month term
    With Regular Saver, you save money over a 12-month fixed period. Partial withdrawals are not permitted. If you close your account early, you'll receive interest at our Flexible Saver rate
  • Start saving from just £25
    You can start your account by saving just £25 per month by standing order from your HSBC current account
  • Build your savings your way
    Even if you don't save the maximum £250 every month, you can still save £3000 over the year. You can carry your savings allowance over into the following months

 

Are you eligible?

In order to open a Regular Saver you must have one of these HSBC current accounts:

  • Bank Account
  • Bank Account Pay Monthly
  • Student Bank Account
  • Graduate Bank Account
  • HSBC Premier
  • HSBC Advance

 

We allow one Regular Saver per customer

 

1. HSBC Premier is subject to financial eligibility criteria. Please refer to the HSBC Premier webpages for more information. HSBC Advance Bank Account is subject to eligibility criteria and is available to customers who pay in £1,750 or more each month (or a minimum of £10,500 every six months), not including money transferred from other sole or joint personal accounts held with HSBC Bank. Please refer to the HSBC Advance webpages for more information.

2. HSBC Bank Account Pay monthly costs £10 per month. HSBC Bank Account requires a minimum of £500 per month to be paid into the account. This does not apply if you're under the age of 24.

 

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

Key product information

 

How it works

  • You'll get a fixed rate of 5% AER/gross if you're an HSBC Premier or HSBC Advance customer (providing you keep the account for the period you hold a Regular Saver with us).1
  • You'll get a fixed rate of 3% AER/gross if you're a Bank Account, Bank Account Pay Monthly, Student Bank Account or Graduate Bank Account customer.2
  • You can choose to set up a standing order to pay between £25 and £250 into your Regular Saver Account each month, up to a total of £3,000. (If your regular payments are less than £250, you can carry your allowance over and pay more in later months.)
  • Please note, you can only hold one Regular Saver Account at any given time.

 

 

What is the interest rate?

  • Standard Rates: 3.00% AER (3.00% Gross)
  • Preferential Rates: 5.00% AER (5.00% Gross)
  • Interest is calculated daily and is credited at the end of the 12 month fixed term.
  • Standard rates available to Bank Account, Bank Account Pay Monthly, Student Bank Account or Graduate Bank Account customers.
  • Preferential rates only available to HSBC Premier or HSBC Advance customers.

 

 

Can HSBC change the interest rate?
No, once your account is opened the rate will remain fixed for the 12 month term.

 

What would the estimated balance be after 12 months based on 12 regular monthly deposits of £25 and £250?

 
Monthly Deposits Total Deposits after 12 months Rate Interest Rate Balance at end of 12 months
£25
£300
Standard Rates
3.00% AER (3.00% Gross)
£304.88
    Preferential Rates
5.00% AER (5.00% Gross)
£308.12
£250
£3,000
Standard Rates
3.00% AER (3.00% Gross)
£3,048.75
    Preferential Rates
5.00% AER (5.00% Gross)
£3,081.25

 

For the purpose of this calculation, it is assumed:-

  • 12 monthly deposits of £25 or £250
  • No withdrawals
  • No change to the interest rate during the 12 months

    Projection provided for illustrative purposes only and does not take into account individual circumstances.

 

How do I open & manage my account?

  • You must have one of the following HSBC current accounts: HSBC Premier, HSBC Advance, Bank Account, Bank Account Pay Monthly, Student Bank Account or Graduate Bank Account which you must maintain for the 12 month duration
  • Open an account via Telephone Banking or in branch.
  • The minimum deposit in month 1 is £25
  • The maximum balance is £3,000 at the end of the 12 month term
  • Regular deposits must be made by standing order each month
  • The minimum monthly deposit is £25 per month
  • The maximum monthly deposit is £250 per month
  • If you don't pay in the maximum allowed in any month, you can carry over the unused subscriptions and catch up in future months

 

 

How to manage the account

  • Once opened you can view your account balance via Online Banking, our Mobile Banking App, in branch or via Telephone Banking. You can change the amount of your standing order via Telephone Banking.

 

 

Can I withdraw money?

  • No, you can not make partial withdrawals.
  • You can close your account before the end of the 12 month term however you will receive interest up to the date of closure at our Flexible Saver rate.
  • At the end of 12 months we'll transfer your savings into your Instant Access Savings, Flexible Saver or Premier Savings. 
  • If you have more than one of these accounts we'll pay your savings into the account which pays the best interest. 
  • And if you don't have any of these accounts, we'll convert your Regular Saver to a Flexible Saver.

 

 

Additional Information

  • A 14 day cancellation period applies to this account.
  • We do not deduct tax from any interest paid to you. 

 

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.

 

Rates correct as at 06.04.17

 

1. HSBC Premier is subject to financial eligibility criteria. Please refer to the HSBC Premier webpages for more information. HSBC Advance Bank Account is subject to eligibility criteria and is available to customers who pay in £1,750 or more each month (or a minimum of £10,500 every six months), not including money transferred from other sole or joint personal accounts held with HSBC Bank. Please refer to the HSBC Advance webpages for more information.

2. HSBC Bank Account Pay monthly costs £10 per month. HSBC Bank Account requires a minimum of £500 per month to be paid into the account. This does not apply if you're under the age of 24.

 

 

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

Only available to HSBC Premier and HSBC Advance customers.

Annual interest (Fixed Rate).

 
Effective date Amount
Gross %
AER%
30.09.16
  £25 - £250 per month
5.00
5.00

 

 

Only available to Bank Account, Bank Account Pay Monthly, Student Bank Account or Graduate Bank Account customers.
Annual Interest (Fixed Rate).

 
Effective date
Amount
Gross%
AER%
 
30.09.16
£25 - £250 per month
3.00
3.00

 

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.

Before you apply, take a look below at the summary box and things you should know about your Regular Saver application.

Apply in branch

  • HSBC Current Account customers can book an appointment to apply in branch by calling 03456 00 61 61.
  • From outside the UK, Channel Islands or Isle of Man, call +44 1226 261 010.
  • You’ll need to bring identification and proof of your address.

Summary Box

What is the interest rate?

Interest is calculated daily and is credited at the end of the 12 month fixed term. Standard rates available to Bank Account, Bank Account Pay Monthly, Student Bank Account or Graduate Bank Account customers. Preferential rates only available to HSBC Premier or HSBC Advance customers.

 
Rate
Interest Rate
Standard Rates
3.00% AER (3.00% Gross)
Preferential Rates
5.00% AER (5.00% Gross)

 

 

Can HSBC change the interest rate?
No, once your account is opened the rate will remain fixed for the 12 month term.

 

 

What would the estimated balance be after 12 months based on 12 regular monthly deposits of £25 and £250?

For the purpose of this calculation, it is assumed:-

  • 12 monthly deposits of £25 or £250
  • No withdrawals
  • No change to the interest rate during the 12 months

Projection provided for illustrative purposes only and does not take into account individual circumstances.

 
Monthly Deposits
Total Deposits after 12 months
Rate
Interest Rate
 
Balance at end of 12 months
£25
£300
Standard Rates
3.00% AER (3.00% Gross)
£304.88
    Preferential Rates
5.00% AER (5.00% Gross)
£308.12
£250
£3,000
Standard Rates
3.00% AER (3.00% Gross)
£3,048.75
    Preferential Rates
5.00% AER (5.00% Gross)
£3,081.25

 

 

How do I open & manage my account?

  • You must have one of the following HSBC current accounts: Bank Account, Bank Account Pay Monthly, Student Bank Account or Graduate Bank Account which you must maintain for the 12 month duration
  • Open an account via Telephone Banking or in branch.
  • The minimum deposit in month 1 is £25
  • The maximum balance is £3,000 at the end of the 12 month term
  • Regular deposits must be made by standing order each month
  • The minimum monthly deposit is £25 per month
  • The maximum monthly deposit is £250 per month
  • If you don't pay in the maximum allowed in any month, you can carry over the unused subscriptions and catch up in future months
  • Once opened you can view your account balance via Online Banking, our Mobile Banking App, in branch or via Telephone Banking. You can change the amount of your standing order via Telephone Banking.

 

 

Can I withdraw money?
No, you can not make partial withdrawals.

You can close your account before the end of the 12 month term however you will receive interest up to the date of closure at our Flexible Saver rate, currently 0.05% AER.

At the end of 12 months we'll transfer your savings into your Instant Access Savings, Flexible Saver or Premier Savings. If you have more than one of these accounts we'll pay your savings into the account which pays the best interest. And if you don't have any of these accounts, we'll convert your Regular Saver to a Flexible Saver.

 

 

Additional Information

  • A 14 day cancellation period applies to this account. 
  • We do not deduct tax from any interest paid to you. 

 

 

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.

 

 

Rates correct as at 06.12.17

Things you need to know

Before applying, please take the time to read the following. You may also want to save some of these documents for future reference.

 

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

To read our PDF files you'll need to have Acrobat Reader 8.0™ or above. It's free and can be downloaded from Adobe UK. If you are accessing this website using screen reading technology that cannot read PDFs, a converter is available at Access Adobe (these links may allow you to access a non-HSBC website. HSBC Bank plc has no control over the linked website and is not liable for your use of it).

 

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