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

How would you like to apply?

Simply choose the way that suits you best - but first, take a look below at the summary box and
things you should know about our Online Bonus Saver application.

Apply online

Log on to apply now

If you're registered for Internet Banking, you can apply online in minutes.

Non-UK Tax Residents

If you are liable to pay tax in any country other than the UK please call us on 0800 169 5422
0800 169 5422 to apply, as you can not complete this application online. Lines are open 8am to 10pm every day.

Register for Internet Banking

It only takes a few minutes and once you receive your security details, you'll be able to apply online to get an instant decision.

Or you can apply without registering - it will take a few minutes longer but you'll still get an instant decision.

Summary Box

Account name Online Bonus Saver
What is the interest rate?

What is the interest rate?

Balance Standard rates Interest including bonus
Up to £50,000 0.10% AER (0.10% Gross) 0.45% AER (0.45% Gross)
£50,000 + 0.10% AER (0.10% Gross) 0.25% AER (0.25% Gross)

Interest is calculated daily and credited to the account monthly.

The standard rate of interest is paid in any month where a withdrawal is made or you close your account.

The interest rate including bonus is paid in any month where you don't make a withdrawal or don't close your account.

Balances up to £50,000 will earn the higher rate of interest. Only the part of the balance above £50,000 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.

  • 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 range of deposits?

What would the estimated balance be after 12 months based on a range of deposits?

Initial Deposit Rate Type Interest Rate Balance at end of 12 months
£1,000 Standard rate 0.10% AER (0.10% Gross) £1,001
Interest including bonus 0.45% AER (0.45% Gross) £1,004.50
£60,000 Standard rate 0.10% AER (0.10% Gross) on 1st £50,000 then 0.10% AER (0.10% Gross) on any balance above £50,000 £60,060
Interest including bonus 0.45% AER (0.45% Gross) on 1st £50,000 then 0.25% AER (0.25% Gross) on any balance above £50,000 £60,250

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

  • Initial deposit of either £1,000 or £60,000
  • No additional deposits
  • No withdrawal made in any month for the interest rate including bonus calculation
  • A withdrawal made in every month for the Standard rate calculation
  • 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 16 years or over
  • Able to manage your account online only

How to open the account:

  • Open an account via Online Banking only

Minimum/Maximum Balance:

  • A minimum of £1 must be deposited to open the account
  • The maximum balance you can hold in the account is £2,000,000

How to manage the account

  • Once opened the account can be managed via Online Banking or the HSBC UK Mobile Banking App
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 if you do make a withdrawal you will receive the standard rate of interest for that month.

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

Things you should know

Before applying, please take the time to read the following. You may also want to save some of these documents for future reference.

To read our PDF files you'll need to have Acrobat Reader 8.0™ or above. We think most of you will have this but if you don't, it's free and can be downloaded from Adobe UK. If you are accessing this website using screen reading technology that cannot read PDFs, a converter is available at Access Adobe .

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