Top of main content

Compare savings accounts

Compare features across our accounts

At a glance


Lock in a loyalty interest rate for 12 months each time you pay into your account. For current account customers only.

Interest rate

Loyalty rate: 2.85% AER (2.81% tax-free)

Premier customer loyalty rate: 3.20% AER (3.15% tax-free)

Standard rate: 2.50% AER (2.47% tax-free)

Often used for

Saving up to £20,000 tax free when you want (restrictions apply).

Tax free means it's paid free from UK Income Tax and Capital Gains Tax.


Instant access

Balance/deposit requirements

Min: £1

Max: No maximum balance.

The overall annual ISA subscription limit is subject to change every year (currently £20,000). Within this, the Lifetime ISA has its own annual payment limit (currently £4,000). You can only subscribe to one type of cash ISA and one type of stocks and shares ISA in the same tax year across HSBC and first direct.

Who can apply?

Eligibility criteria

  • aged 18 or over
  • resident in the UK for tax purposes, or if not so resident, be a UK Crown servant serving overseas, or be married to, or in a civil partnership with, such a person
  • hold an HSBC current account

Find out more

Please read the full product information before you apply

Additional information

    It's easy to answer your query online. Visit our Help page to find out how.