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.