Savings Accounts

Interest Rates

We've created a range of easy to understand savings accounts, designed to meet your individual needs. So whether you want tax free, instant access, online or fixed rate savings we've got a savings account to suit your needs. Find out with our Savings Account Selector tool.

Tax Free Savings

Cash e-ISA

Tax Free savings account for new subscriptions (available online only). Pay no tax on your interest and instant access. Interest is calculated daily.

Variable Rate Cash ISA

Tax Free savings account that also allows transfers in. Pay no tax on your interest and instant access. Interest calculated daily.

Fixed Rate Cash ISA

Tax free savings account with a fixed rate for one year. Pay no tax on your interest. Interest is calculated daily and paid at maturity.

Instant Access Savings

Online Bonus Saver

Open an Online Bonus Saver today. It's quick, easy and can be done at any time – you'll be bother-free.

You can earn up to 0.75% AER (0.75% gross) variable, including bonus interest, when you don't make a withdrawal. You'll still get a rate of 0.25% AER (0.25% gross) variable, (excluding bonus interest) when you make a withdrawal.

Flexible Saver

Offering instant access to your savings whenever you need it. Existing HSBC customers can open a Flexible Saver in less than 2 minutes. This account is suitable for both regular savings by standing order and for putting away lump sums.

HSBC Premier Savings

Exclusively for HSBC Premier customers, this account gives you instant access and monthly interest on your savings.

Fixed Rate

Regular Saver

Only available to Current Account Advance, Graduate Bank Account, HSBC Premier Bank, HSBC Plus, Graduate Plus or HSBC Passport customers. Save regularly between £25 and £250 per month for 12 months and you'll be rewarded with an interest rate – guaranteed fixed for a year.

High Interest Deposit Bond

If you have £2,000 or more and are concerned about falling interest rates. You can fix your interest with rates up to 3.50% AER/gross.

Specialist Accounts

Savings for children

Our MySavings account is for children aged between 7 and 17 years old and is an excellent place to start saving pocket money. High Interest Savings Account for Children is designed for parents, relatives or friends to save on behalf of a child. Both accounts pay a rate of 0.50% AER (0.50% gross).

Saving for retirement

By looking ahead, you can do a lot more to provide for the retirement you deserve.

Savings Account Selector

To use our savings account selector you must have JavaScript enabled.full list of our savings accounts

Select your answers from the dropdown lists.

What kind of savings account would you like? hover over for more info

Instant access accounts do not require you to give notice before withdrawing money.

With fixed term accounts, you deposit your savings for a set period, and receive guaranteed rates of interest. So you can be sure of exactly how much interest you'll earn, once the period is up.

How do you want to save? hover over for more info

You may wish to save regularly, for example monthly, or you may have a lump sum you wish to put into a savings account. Alternatively, you may want to save both ways.

Have you subscribed to a Cash ISA this tax year? hover over for more info

A Cash ISA is a product developed by the government to enable UK residents to save up to a fixed amount each year without paying tax on the interest earned. You can save monthly or invest a lump sum.

You can't carry over an unused Cash ISA allowance from one tax year to the next. So if you don't use this year's allowance, you lose it. You can withdraw any amount during the tax year but if you have fully subscribed your tax free allowance, any amount withdrawn cannot be put back until the following tax year.