Savings Account Interest Rates | Savings Rates

HSBC UK
Savings accounts
HSBC interest rates

Online Bonus Saver

Standard rates

Monthly interest (variable rate)
Effective date	Amount	Gross	AER
17 June 2020	£1-£9,999	0.01%	0.01%
17 June 2020	£10,000+	0.01%	0.01%

Standard rates

Monthly interest (variable rate)
Effective date	17 June 2020
Amount	£1-£9,999
Gross	0.01%
AER	0.01%

Effective date	17 June 2020
Amount	£10,000+
Gross	0.01%
AER	0.01%

Interest including bonus

(where you don't make a withdrawal in the month)
Effective date	Amount	Gross	AER
17 June 2020	£1-£9,999	0.05%	0.05%
17 June 2020	£10,000+	0.02%	0.02%

Interest including bonus

(where you don't make a withdrawal in the month)
Effective date	17 June 2020
Amount	£1-£9,999
Gross	0.05%
AER	0.05%

Effective date	17 June 2020
Amount	£10,000+
Gross	0.02%
AER	0.02%

Regular Saver

Regular Saver – Only available to HSBC Premier or HSBC Advance customers, Bank Account, Bank Account Pay Monthly, HSBC Student Bank Account and Graduate Bank Account customers.
Effective date	Amount	Gross	AER
24 November 2020	£25-£250 per month	1.00%	1.00%

Regular Saver – Only available to HSBC Premier or HSBC Advance customers, Bank Account, Bank Account Pay Monthly, HSBC Student Bank Account and Graduate Bank Account customers.
Effective date	24 November 2020
Amount	£25-£250 per month
Gross	1.00%
AER	1.00%

Flexible Saver

Monthly interest (variable rate)
Effective date	Amount	Gross	AER
17 June 2020	All balances	0.01%	0.01%

Monthly interest (variable rate)
Effective date	17 June 2020
Amount	All balances
Gross	0.01%
AER	0.01%

HSBC Premier Savings†

This includes the Premier Investment Management Service and Premier Discretionary Managed Service cash accounts where applicable.

HSBC Premier Savings† Premier customers only

Monthly interest (variable rate)
Effective date	Amount	Gross	AER
17 June 2020	All balances	0.01%	0.01%

This includes the Premier Investment Management Service and Premier Discretionary Managed Service cash accounts where applicable.

HSBC Premier Savings† Premier customers only

Monthly interest (variable rate)
Effective date	17 June 2020
Amount	All balances
Gross	0.01%
AER	0.01%

HSBC Loyalty Cash ISA

A loyalty rate applies for 12 months from the date of each payment into your ISA. If you make further payments into your ISA, your loyalty rate period will begin again from the date of each payment. Upon the expiry of your loyalty rate period, you will earn a standard rate of interest until you make a further payment.

Interest rates are variable and paid monthly.

HSBC Loyalty Cash ISA – HSBC Premier rates
Effective date	Loyalty rate	Standard rate
1 May 2020	0.20% AER/tax free	0.05% AER/tax free

HSBC Loyalty Cash ISA – HSBC Premier rates
Effective date	1 May 2020
Loyalty rate	0.20% AER/tax free
Standard rate	0.05% AER/tax free

HSBC Loyalty Cash ISA – Other current account rates
Effective date	Loyalty rate	Standard rate
1 May 2020	0.10% AER/tax free	0.05% AER/tax free

HSBC Loyalty Cash ISA – Other current account rates
Effective date	1 May 2020
Loyalty rate	0.10% AER/tax free
Standard rate	0.05% AER/tax free

Fixed Rate Saver

Fixed for the term of your deposit.

Fixed Rate Saver – both monthly and annual interest products

Effective date

Term

Amount

Gross

AER

17 June 2020

1 years

£2,000+

0.30%

17 June 2020

2 years

£2,000+

0.35%

Fixed Rate Saver – both monthly and annual interest products

Effective date

17 June 2020

Term

1 years

Amount

£2,000+

Gross

0.30%

AER

0.30%

Effective date

17 June 2020

Term

2 years

Amount

£2,000+

Gross

0.35%

AER

0.35%

MySavings

MySavings – monthly interest (variable rate)
Effective date	Amount	Gross	AER
17 June 2020	Up to £3,000	2.47%	2.50%
17 June 2020	£3,000+	0.25%	0.25%

MySavings – monthly interest (variable rate)
Effective date	17 June 2020
Amount	Up to £3,000
Gross	2.47%
AER	2.50%

Effective date	17 June 2020
Amount	£3,000+
Gross	0.25%
AER	0.25%

HSBC Premier MySavings

HSBC Premier MySavings (for 11 to 17 year old children of an HSBC Premier customer) – monthly interest (variable rate)
Effective date	Amount	Gross	AER
17 June 2020	Up to £3,000	2.47%	2.50%
17 June 2020	£3,000+	0.25%	0.25%

HSBC Premier MySavings (for 11 to 17 year old children of an HSBC Premier customer) – monthly interest (variable rate)
Effective date	17 June 2020
Amount	Up to £3,000
Gross	2.47%
AER	2.50%

Effective date	17 June 2020
Amount	£3,000+
Gross	0.25%
AER	0.25%

Products no longer sold

Future Saver for children

Future Saver for children – Monthly interest (variable rate)
Effective date	Amount	Gross	AER
17 June 2020	£1+	0.25%	0.25%

Future Saver for children – Monthly interest (variable rate)
Effective date	17 June 2020
Amount	£1+
Gross	0.25%
AER	0.25%

Help to Buy: ISA

Help to Buy: ISA – monthly interest (variable rate)
Effective date	Balance	Amount	Tax free	AER
1 May 2020	Up to £12,000	Up to £200 per month	1.74%	1.75%
1 May 2020	£12,000+	Up to £200 per month	0.01%	0.01%

Help to Buy: ISA – monthly interest (variable rate)
Effective date	1 May 2020
Balance	Up to £12,000
Amount	Up to £200 per month
Tax free	1.74%
AER	1.75%

Effective date	1 May 2020
Balance	£12,000+
Amount	Up to £200 per month
Tax free	0.01%
AER	0.01%

Cash e-ISA

Cash e-ISA – Monthly interest paid tax-free (variable rate)

Effective date

Amount

Gross

AER

1 May 2020

£1+

0.10%

Cash e-ISA – Monthly interest paid tax-free (variable rate)

Effective date

1 May 2020

Amount

£1+

Gross

0.10%

AER

0.10%

Variable Rate Cash ISA

Variable Rate Cash ISA – Standard rates
Effective date	Amount	Gross	AER
1 May 2020	£1+	0.05%	0.05%

Variable Rate Cash ISA – Standard rates
Effective date	1 May 2020
Amount	£1+
Gross	0.05%
AER	0.05%

Variable Rate Cash ISA – Preferential rates

Effective date

Amount

Gross

AER

1 May 2020

£1+

0.10%

Variable Rate Cash ISA – Preferential rates

Effective date

1 May 2020

Amount

£1+

Gross

0.10%

AER

0.10%

Young Savers Account

Monthly/annual interest (variable rate)
Effective date	Amount	Gross	AER
17 June 2020	£1+	0.25%	0.25%

Monthly/annual interest (variable rate)
Effective date	17 June 2020
Amount	£1+
Gross	0.25%
AER	0.25%

Download PDF version of interest rates (1.27MB) for HSBC Savings accounts Download

Explore more

Regular Savings Account

Help your money grow with 1.00% AER/gross, fixed for 12 months.

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 if interest were paid and not compounded each year.

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.

Savings accounts interest rates

Online Bonus Saver

Regular Saver

Flexible Saver

HSBC Premier Savings†

HSBC Loyalty Cash ISA

Fixed Rate Saver

MySavings

HSBC Premier MySavings

Products no longer sold

Future Saver for children

Help to Buy: ISA

Cash e-ISA

Variable Rate Cash ISA

Young Savers Account

Explore more

Regular Savings Account

Fixed vs variable rate savings accounts

All our savings accounts

Definitions

AER stands for Annual Equivalent Rate. This shows you what the gross rate would be if interest were paid and compounded each year.

Customer support