Savings accounts interest rates
Fixed Rate Cash ISA
Use your tax-free ISA allowance and fix the interest you earn for up to 13 months. For HSBC current account customers only. Minimum of £500 is needed to open the account. This account is not instant access. Withdrawal restrictions and an early withdrawal fee may apply. We calculate interest daily and credit this to your account at the end of the fixed term. Eligibility criteria and T&Cs apply.
| Effective date |
Amount |
AER |
|---|---|---|
| 12 May 2026 | £500+ | 4.25% AER (4.25% tax-free) |
| Effective date |
12 May 2026 |
|---|---|
| Amount |
£500+ |
| AER |
4.25% AER (4.25% tax-free) |
Online Bonus Saver
You can open an Online Bonus Saver online or in the app. For existing HSBC current or savings account customers only. You get a higher interest rate on balances up to £50,000 in any month you don’t make a withdrawal. The interest is variable, calculated daily, and credited to your account monthly. Eligibility criteria and T&Cs apply.
For more information on this product or to apply, please see our Online Bonus Saver page.
| Effective date |
Amount |
Gross |
AER |
|---|---|---|---|
| 12 March 2026 | £1 to £50,000 | 3.30% | 3.35% |
| Effective date |
12 March 2026 |
|---|---|
| Amount |
£1 to £50,000 |
| Gross |
3.30% |
| AER |
3.35% |
| Effective date |
Amount |
Gross |
AER |
|---|---|---|---|
| 12 March 2026 | All balances | 1.04% | 1.05% |
| Effective date |
12 March 2026 |
|---|---|
| Amount |
All balances |
| Gross |
1.04% |
| AER |
1.05% |
Regular Saver
You can save between £25 and £250 every month by standing order from your HSBC account. For existing HSBC current account customers only (excluding Appointee / Executor Account). This account is not instant access and withdrawal restrictions apply. The interest rate is fixed and credited to your account after 12 months. Eligibility criteria and T&Cs apply.
| Effective date |
Amount |
Gross |
AER |
|---|---|---|---|
| 7 October 2024 | £25 to £250 per month | 5.00% | 5.00% |
| Effective date |
7 October 2024 |
|---|---|
| Amount |
£25 to £250 per month |
| Gross |
5.00% |
| AER |
5.00% |
Flexible Saver
Our most flexible savings account is available to eligible customers. You can deposit money and make withdrawals as often as you like. Access your account the way you want. The interest rate is variable and credited to your account monthly. Eligibility criteria and T&Cs apply.
| Effective date |
Amount |
Gross |
AER |
|---|---|---|---|
| 12 March 2026 | All balances | 1.04% | 1.05% |
| Effective date |
12 March 2026 |
|---|---|
| Amount |
All balances |
| Gross |
1.04% |
| AER |
1.05% |
HSBC Premier Savings†
Exclusively for HSBC Premier customers. You can deposit money and make withdrawals as often as you like. Access your account the way you want. The interest rate is variable and paid monthly. Eligibility criteria and T&Cs apply.
| Effective date |
Amount |
Gross |
AER |
|---|---|---|---|
| 12 March 2026 | Below £50,000 | 1.09% | 1.10% |
| 12 March 2026 | £50,000 to £100,000 | 1.14% | 1.15% |
| 12 March 2026 | Over £100,000 | 1.64% | 1.65% |
| Effective date |
12 March 2026 |
|---|---|
| Amount |
Below £50,000 |
| Gross |
1.09% |
| AER |
1.10% |
| Effective date |
12 March 2026 |
| Amount |
£50,000 to £100,000 |
| Gross |
1.14% |
| AER |
1.15% |
| Effective date |
12 March 2026 |
| Amount |
Over £100,000 |
| Gross |
1.64% |
| AER |
1.65% |
Any cash held in the Capital and Income cash accounts of the Premier Investment Management Service or Trust Discretionary Investment Services will be paid the interest rate set for balances over £100,000.
HSBC Loyalty Cash ISA
The HSBC Loyalty Cash ISA lets you use your tax-free ISA allowance and save with instant access to your money. For current account customers only. The interest rate is variable and paid monthly. Eligibility criteria and T&Cs apply.
For more information on this product or to apply, please see our HSBC Loyalty Cash ISA page.
| Effective date |
Interest rate |
|---|---|
| 14 November 2025 | 3.00% AER (2.96% tax free) |
| Effective date |
14 November 2025 |
|---|---|
| Interest rate |
3.00% AER (2.96% tax free) |
| Effective date |
Interest rate |
|---|---|
| 14 November 2025 | 2.50% AER (2.47% tax free) |
| Effective date |
14 November 2025 |
|---|---|
| Interest rate |
2.50% AER (2.47% tax free) |
Fixed Rate Saver
The Fixed Rate Saver lets you save for 1 or 2 years. Minimum deposit of £2,000. For current and savings account customers only (excluding Appointee / Executor Account, Loyalty Cash ISA or Regular Saver). This account is not instant access. Withdrawal restrictions and an early withdrawal fee may apply. The interest rate is fixed and paid monthly or yearly. Eligibility criteria and T&Cs apply.
For more information on this product or to apply, please see our Fixed Rate Saver page.
| Effective date |
Term | Amount |
Gross |
AER |
|---|---|---|---|---|
| 14 May 2026 | 1 year | £2,000+ | 3.80% | 3.80% |
| 14 May 2026 | 2 years | £2,000+ | 4.20% | 4.20% |
| Effective date |
14 May 2026 |
|---|---|
| Term | 1 year |
| Amount |
£2,000+ |
| Gross |
3.80% |
| AER |
3.80% |
| Effective date |
14 May 2026 |
| Term | 2 years |
| Amount |
£2,000+ |
| Gross |
4.20% |
| AER |
4.20% |
MySavings
MySavings is an easy way to save if you’re aged between 7 and 17. You get instant access to your money. You may need your parent or guardian to help you apply. The interest rate is variable and paid monthly. Eligibility criteria and T&Cs apply.
For more information on this product or to apply, please see our MySavings page.
| Effective date |
Gross |
AER |
|---|---|---|
| 12 March 2026 | 3.69% | 3.75% |
| Effective date |
12 March 2026 |
|---|---|
| Gross |
3.69% |
| AER |
3.75% |
| Effective date |
Gross |
AER |
|---|---|---|
| 12 March 2026 | 1.09% | 1.10% |
| Effective date |
12 March 2026 |
|---|---|
| Gross |
1.09% |
| AER |
1.10% |
Products no longer sold
HSBC Premier MySavings
| Effective date |
Gross |
AER |
|---|---|---|
| 12 March 2026 | 3.69% | 3.75% |
| Effective date |
12 March 2026 |
|---|---|
| Gross |
3.69% |
| AER |
3.75% |
| Effective date |
Gross |
AER |
|---|---|---|
| 12 March 2026 | 1.09% | 1.10% |
| Effective date |
12 March 2026 |
|---|---|
| Gross |
1.09% |
| AER |
1.10% |
Future Saver for children
| Effective date |
Amount |
Gross |
AER |
|---|---|---|---|
| 12 March 2026 | £1+ | 1.09% | 1.10% |
| Effective date |
12 March 2026 |
|---|---|
| Amount |
£1+ |
| Gross |
1.09% |
| AER |
1.10% |
Help to Buy: ISA
| Effective date | Gross | AER |
|---|---|---|
| 26 January 2026 | 2.47% | 2.50% |
| Effective date | 26 January 2026 |
|---|---|
| Gross | 2.47% |
| AER | 2.50% |
| Effective date | Gross | AER |
|---|---|---|
| 26 January 2026 | 1.04% | 1.05% |
| Effective date | 26 January 2026 |
|---|---|
| Gross | 1.04% |
| AER | 1.05% |
Young Saver
| Effective date |
Amount |
Gross |
AER |
|---|---|---|---|
| 10 August 2023 | £1+ | 2.23% | 2.25% |
| Effective date |
10 August 2023 |
|---|---|
| Amount |
£1+ |
| Gross |
2.23% |
| AER |
2.25% |
Explore more
Regular Savings Account
Save between £25 and £250 every month with a 12-month fixed rate account. Available to customers with a current account (excluding Appointee / Executor Account).
Fixed vs variable rate savings accounts
Choose the right type of account for you.
All our savings accounts
Make your money grow. Choose from fixed-term or easy access accounts.
† Private Clients Savings Account customers also receive these credit rates. Please note that this account is no longer sold. Investment Management (HSBC Premier Financial Advice): Overdraft interest on outstanding overdrawn balances is calculated daily at 3% above base rate.
Definitions
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 paid before any tax (where applicable) has been deducted.
Tax-free means free from UK Income Tax and Capital Gains Tax.
ISA stands for Individual Savings Account.
All rates are variable unless otherwise indicated.