High Interest Savings Account for Children – Apply Online | HSBC UK

 

For accounts opened on or after 3 September 2012

Only available to HSBC Premier, HSBC Advance (Graduate) and HSBC Passport customers.
Annual interest (Fixed Rate).

Effective date Amount Net% Gross% AER%
03.09.12 £25 - £250 per month 4.80 6.00 6.00

 

For accounts opened on or after 3 September 2012

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

Effective date Amount Net% Gross% AER%
03.09.12 £25 - £250 per month 3.20 4.00 4.00

 

For accounts opened between 7 February 2011 and 2 September 2012.

Only available to HSBC Premier, HSBC Advance (Graduate) and HSBC Passport customers.
Annual interest (Fixed Rate).

Effective date Amount Net% Gross% AER%
07.02.11 £25 - £250 per month 6.40 8.00 8.00

 

For accounts opened between 13 March 2012 and 2 September 2012.

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

Effective date Amount Net% Gross% AER%
13.03.12 £25 - £250 per month 4.80 6.00 6.00

 

For accounts opened between 7 February 2011 and 12 March 2012.

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

Effective date Amount Net% Gross% AER%
07.02.11 £25 - £250 per month 3.20 4.00 4.00


The Savings Accounts Terms and Conditions (effective 1 December 2012) state that any Regular Saver account opened on or after 1 December 2012 will have a maximum monthly subscription limit of £200. This is not correct. Accounts opened on or after 1 December 2012 will have a maximum monthly subscription limit of £250. For these accounts, please therefore read '£250' for '£200' in clause 3 of the Savings Accounts Terms and Conditions. The subscription limits may change for future Regular Saver accounts you open, but we will tell you if this is the case.

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.

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.

GROSS is the interest rate you'll receive before applicable tax is deducted from your account.