HSBC Online Banking activation

We're currently making improvements to our Online Banking service.

If you registered for Online Banking prior to the 17th December 2014 it's not possible for you to activate your existing Secure Key and you will need to re-start your registration.

If you registered for Online Banking after this date, please log on to Online Banking entering your username, memorable answer and your password, from here you will be prompted to activate your Secure Key.

We apologise for any inconvenience which this delay may cause. Once you are registered, we look forward to introducing you to Online Banking, including the exciting enhancements we're working on now.

Find out more

Key product information

How it works

This account helps you save for a child's future. You can open an account with just £1. You can pay in a lump sum, or set up a standing order to save a set amount each month. It's an instant access account so you can take money out whenever you need to.

Summary Box

Account name Future Saver for Children
What is the interest rate?

What is the interest rate?

Balance Interest Rate
£1 + 0.50% AER (0.50% Gross)

Interest is calculated daily and credited to the account monthly.

Can HSBC change the interest rate?

Can HSBC change the interest rate?

Yes, we can change the interest rate on this account, in line the account's Terms and Conditions.

  • If we increase the rate of interest, we'll either tell you personally within 31 days, or within 3 working days provide the details in a notice in the press. We'll also display this information on our website.
  • If we reduce the rate of credit interest we'll tell you personally at least two months in advance
What would the estimated balance be after 12 months based on a £1,000 deposit?

What would the estimated balance be after 12 months based on a £1,000 deposit?

Initial Deposit Interest Rate Balance at end of 12 months
£1,000 0.50% AER (0.50% Gross) £1,005

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

  • Initial deposit of £1,000
  • No further deposits
  • 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?

How do I open & manage my account?


  • Aged 18 years or over to open an account on behalf of a child

How to open the account:

  • Open an account in branch

Minimum/Maximum Balance:

  • No minimum deposit to open the account
  • There is no maximum balance

How to manage the account

  • Once opened you can manage your account via Online Banking, Telephone Banking, the HSBC UK Mobile Banking App or in branch
Can I withdraw money?

Can I withdraw money?

Yes, you have instant access to your account. You can make as many fee free withdrawals as you like.

Additional Information

Additional Information

A 14 day cancellation period applies to this account.

We do not deduct tax from any interest paid to you.

Tax benefits depend on individual circumstances and could change in the future.


  • 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

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