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Savings accounts 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 cash account 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 cash account 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
27 September 2021 0.05% AER/tax free 0.01% AER/tax free

HSBC Loyalty Cash ISA – HSBC Premier rates

Effective date
 27 September 2021
Loyalty rate
 0.05% AER/tax free
Standard rate
 0.01% AER/tax free

HSBC Loyalty Cash ISA – Other current account rates

Effective date
 Loyalty rate
 Standard rate
27 September 2021 0.02%  AER/tax free 0.01% AER/tax free

HSBC Loyalty Cash ISA – Other current account rates

Effective date
 27 September 2021
Loyalty rate
 0.02%  AER/tax free
Standard rate
 0.01% 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
29 April 2021 1 years
 £2,000+
 0.15%
 0.15%
29 April 2021 2 years
 £2,000+
 0.20%
 0.20%

Fixed Rate Saver – both monthly and annual interest products
Effective date
 29 April 2021
Term 1 years
Amount
 £2,000+
Gross
 0.15%
AER
 0.15%
Effective date
 29 April 2021
Term 2 years
Amount
 £2,000+
Gross
 0.20%
AER
 0.20%

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
27 September 2021 Up to £12,000
 Up to £200 per month
 0.75% 0.75%
27 September 2021
 £12,000+
 Up to £200 per month
 0.01% 0.01%

Help to Buy: ISA – monthly interest (variable rate)

Effective

date

 27 September 2021
Balance
 Up to £12,000
Amount
 Up to £200 per month

Tax

free

 0.75%
AER 0.75%

Effective

date

 27 September 2021
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
27 September 2021 £1+
 0.01% 0.01%

Cash e-ISA – Monthly interest paid tax-free (variable rate)
Effective date
 27 September 2021
Amount
 £1+
Gross
 0.01%
AER
 0.01%

Variable Rate Cash ISA

Variable Rate Cash ISA – Standard rates

Effective date
 Amount
 Gross
 AER

12 November 2021

 

All rates 

 

£1+

 

0.01%

 

0.01%

Variable Rate Cash ISA – Standard rates

Effective date

12 November 2021

 

All rates 
Amount

 

£1+
Gross

 

0.01%
AER

 

0.01%

Young Saver

Young Saver - Monthly interest (variable rate)

Effective date
 Amount
 Gross
 AER

17 June 2020

 £1+
 0.25%
 0.25%

Young Saver - Monthly interest (variable rate)

Effective date

17 June 2020
Amount
 £1+
Gross
 0.25%
AER
 0.25%

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.

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