Bonus Interest Online Savings Account - Online Bonus Saver | HSBC UK

 

Monthly Interest. Variable Rate.

Standard rates
Effective date Amount Net% Gross% AER%
20.03.09 £1 - £50,000 0.20 0.25 0.25
£50,000+ 0.20 0.25 0.25

 

Interest Including bonus (where you don't make a withdrawal during a month)
Effective date Amount Net% Gross% AER%
20.03.09 £1 - £50,000 0.60 0.75 0.75
£50,000+ 0.40 0.50 0.50

 

Download PDF version of interest rates

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 interest rate before the deduction of tax applicable to interest on savings accounts.

NET is the interest rate you'll receive after applicable tax has been deducted, currently 20%. Higher rate tax payers will have an additional liability.