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

Apply online

Registered for Internet Banking?

Apply online for our Help to Buy: ISA using Internet Banking.

Not registered yet?

If you are already an HSBC customer, you need to register for Internet Banking to apply online.

Register for Internet Banking

Apply in branch

Apply by phone

Apply by post

Summary Box

Account name Help to Buy: ISA
What is the interest rate?

What is the interest rate?

Balance Interest Rate
Up to £12,000 2.00% AER (1.98% tax free)
Balance above £12,000 0.05% AER (0.05% tax free)

Interest is calculated daily and credited to the account monthly.

Balances up to £12,000 will earn the higher rate of interest. Only the part of the balance above £12,000 will earn the lower rate of interest.

Can HSBC change the interest rate?

Can HSBC change the interest rate?

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

What would the estimated balance be after 12 months based on an initial deposit of £1,200 followed by 11 further monthly deposits of £200?

What would the estimated balance be after 12 months based on an initial deposit of £1,200 followed by 11 further monthly deposits of £200?

Total Deposits after 12 months Interest Rate Balance at end of 12 months
£3,400 2.00% AER (1.98% tax free) £3,447.34

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

  • Initial deposit of either £1,200 in the month the account is opened
  • 11 Further monthly deposits of £200
  • No withdrawals
  • No change to the interest rate during the 12 months
  • Excludes the 25% Government Bonus
  • Deposits made on the same day each month

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 16 years or over
  • Be resident in the UK for tax purposes, or if not so resident, be a Crown employee serving overseas, or be married to, or in a civil partnership with, such a person
  • Never have owned a residential property
  • Not have already subscribed to a cash ISA during the current tax year
  • Have a valid National Insurance Number

How to open the account:

  • Existing HSBC customers can open an account via Telephone Banking, Online Banking, in branch or by post. New customers can apply in branch only.
  • Or you can transfer current or previous years subscriptions by completing an ISA transfer form

Minimum/Maximum Balance:

  • No minimum deposit to open an account in branch, by telephone or by post. £1 minimum deposit for online applications
  • The maximum you can deposit is subject to the monthly UKAR Scheme Rules and annual subscription limits

Regular Deposits:

  • You can make monthly deposits up to a maximum of £200 per month. However in the first month you can deposit an additional £1,000.

How to manage the account

  • Once opened you can manage the account via Online Banking, Telephone Banking, in branch or by post
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. However once you have paid in the maximum monthly allowance, any amount withdrawn can not be replaced until the following calendar month.

If you withdraw funds from your ISA you will lose the associated tax benefits.

Any funds withdrawn before closing your Help to Buy: ISA will not count towards the Government Bonus.

Additional Information

Additional Information

A 30 day cancellaton period applies to this account.

Interest is paid tax-free, that is free from UK Income Tax and Capital Gains Tax.

The value of tax benefits described depends on individual circumstances. The tax treatment of ISAs could change in the future.

A Government bonus of 25% is payable of the amount you save up to £12,000. The maximum bonus you can receive is £3,000.

The Help to Buy: ISA is a cash ISA. If you open a Help to Buy: ISA , you will not be able to open another cash ISA in the same tax year.

The maximum annual amount you can save in to an Help to Buy: ISA will be less than the maximum annual ISA limit.


  • AER stands for Annual Equivalent Rate. This shows you what the gross rate would be if interest were paid and compounded each year.
  • Tax free free from personal liability to any UK Income Tax and Capital Gains Tax.
  • ISA stands for Individual Savings Account.

Rates correct as at 06.04.17

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