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Savings accounts interest rates

We’ve increased the interest rate on selected savings accounts. We continually review our savings product range, taking account of market conditions and the Bank of England base rate. You can see full details of our new rates on this page.

Online Bonus Saver

Standard rates

Monthly interest (variable rate)
Effective date
 Amount
 Gross
 AER
1 March 2022 to 27 April 2022 £1 to £9,999 0.10% 0.10%
1 March 2022 to 27 April 2022 £10,000+ 0.10% 0.10%

Standard rates

Monthly interest (variable rate)
Effective date
 1 March 2022 to 27 April 2022
Amount
 £1 to £9,999
Gross
 0.10%
AER
 0.10%
Effective date
 1 March 2022 to 27 April 2022
Amount
 £10,000+
Gross
 0.10%
AER
 0.10%

Standard rates

Monthly interest (variable rate)
Effective date
 Amount
 Gross
 AER
28 April 2022 £1 to £9,999 0.10% 0.10%
28 April 2022 £10,000+ 0.10% 0.10%

Standard rates

Monthly interest (variable rate)
Effective date
 28 April 2022
Amount
 £1 to £9,999
Gross
 0.10%
AER
 0.10%
Effective date
 28 April 2022
Amount
 £10,000+
Gross
 0.10%
AER
 0.10%

Interest including bonus

(where you don't make a withdrawal in the month)
Effective date
 Amount
 Gross
 AER
1 March 2022 to 27 April 2022 £1 to £9,999 0.25% 0.25%
1 March 2022 to 27 April 2022 £10,000+ 0.20% 0.20%

Interest including bonus

(where you don't make a withdrawal in the month)
Effective date
 1 March 2022 to 27 April 2022
Amount
 £1 to £9,999
Gross
 0.25%
AER
 0.25%
Effective date
 1 March 2022 to 27 April 2022
Amount
 £10,000+
Gross
 0.20%
AER
 0.20%

Interest including bonus

(where you don't make a withdrawal in the month)
Effective date
 Amount
 Gross
 AER
28 April 2022 £1 to £9,999 0.45% 0.45%
28 April 2022 £10,000+ 0.40% 0.40%

Interest including bonus

(where you don't make a withdrawal in the month)
Effective date
 28 April 2022
Amount
 £1 to £9,999
Gross
 0.45%
AER
 0.45%
Effective date
 28 April 2022
Amount
 £10,000+
Gross
 0.40%
AER
 0.40%

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 to £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 to £250 per month
Gross
 1.00%
AER
 1.00%

Flexible Saver

Monthly interest (variable rate)

Effective date
 Amount
 Gross
 AER
1 March 2022 All balances 0.10% 0.10%

Monthly interest (variable rate)

Effective date
 1 March 2022
Amount
 All balances
Gross
 0.10%
AER
 0.10%

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
1 March 2022 All balances
 0.10% 0.10%

This includes the Premier Investment Management Service cash account where applicable.

 

HSBC Premier Savings† Premier customers only

Monthly interest (variable rate)
Effective date
 1 March 2022
Amount
 All balances
Gross
 0.10%
AER 0.10%

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 March 2022 to 27 April 2022 0.25% AER / tax free 0.15% AER / tax free

HSBC Loyalty Cash ISA – HSBC Premier rates

Effective date
 1 March 2022 to 27 April 2022
Loyalty rate
 0.25% AER / tax free
Standard rate
 0.15% AER / tax free

HSBC Loyalty Cash ISA – HSBC Premier rates

Effective date
 Loyalty rate
 Standard rate
28 April 2022 0.40% AER / tax free 0.30% AER / tax free

HSBC Loyalty Cash ISA – HSBC Premier rates

Effective date
 28 April 2022
Loyalty rate
 0.40% AER / tax free
Standard rate
 0.30% AER / tax free

HSBC Loyalty Cash ISA – Other current account rates

Effective date
 Loyalty rate
 Standard rate
1 March 2022 to 27 April 2022 0.20% AER / tax free 0.15% AER / tax free

HSBC Loyalty Cash ISA – Other current account rates

Effective date
 1 March 2022 to 27 April 2022
Loyalty rate
 0.20% AER / tax free
Standard rate
 0.15% AER / tax free

HSBC Loyalty Cash ISA – Other current account rates

Effective date
 Loyalty rate
 Standard rate
28 April 2022 0.35% AER / tax free 0.30% AER / tax free

HSBC Loyalty Cash ISA – Other current account rates

Effective date
 28 April 2022
Loyalty rate
 0.35% AER / tax free
Standard rate
 0.30% 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
1 March 2022 to 27 April 2022 1 years
 £2,000+
 0.25% 0.25%
1 March 2022 to 27 April 2022 2 years
 £2,000+
 0.30% 0.30%

Fixed Rate Saver – both monthly and annual interest products
Effective date
 1 March 2022 to 27 April 2022
Term 1 years
Amount
 £2,000+
Gross
 0.25%
AER
 0.25%
Effective date
 1 March 2022 to 27 April 2022
Term 2 years
Amount
 £2,000+
Gross
 0.30%
AER
 0.30%

Fixed Rate Saver – both monthly and annual interest products
Effective date
 Term Amount
 Gross
 AER
28 April 2022 1 years
 £2,000+
 0.45% 0.45%
28 April 2022 2 years
 £2,000+
 0.50% 0.50%

Fixed Rate Saver – both monthly and annual interest products
Effective date
 28 April 2022
Term 1 years
Amount
 £2,000+
Gross
 0.45%
AER
 0.45%
Effective date
 28 April 2022
Term 2 years
Amount
 £2,000+
Gross
 0.50%
AER
 0.50%

MySavings

MySavings – monthly interest (variable rate)

Effective date
 Amount
 Gross
 AER
1 March 2022 to 27 April 2022 Up to £3,000 2.72% 2.75%
1 March 2022 to 27 April 2022 £3,000+ 0.50% 0.50%

MySavings – monthly interest (variable rate)

Effective date
 1 March 2022 to 27 April 2022
Amount
 Up to £3,000
Gross
 2.72%
AER
 2.75%
Effective date
 1 March 2022 to 27 April 2022
Amount
 £3,000+
Gross
 0.50%
AER
 0.50%

MySavings – monthly interest (variable rate)

Effective date
 Amount
 Gross
 AER
28 April 2022 Up to £3,000 2.96% 3.00%
28 April 2022 £3,000+ 0.75% 0.75%

MySavings – monthly interest (variable rate)

Effective date
 28 April 2022
Amount
 Up to £3,000
Gross
 2.96%
AER
 3.00%
Effective date
 28 April 2022
Amount
 £3,000+
Gross
 0.75%
AER
 0.75%

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
1 March 2022 to 27 April 2022 Up to £3,000 2.72% 2.75%
1 March 2022 to 27 April 2022 £3,000+ 0.50% 0.50%

HSBC Premier MySavings (for 11 to 17 year old children of an HSBC Premier customer) – monthly interest (variable rate)

Effective date
 1 March 2022 to 27 April 2022
Amount
 Up to £3,000
Gross
 2.72%
AER
 2.75%
Effective date
 1 March 2022 to 27 April 2022
Amount
 £3,000+
Gross
 0.50%
AER
 0.50%

HSBC Premier MySavings (for 11 to 17 year old children of an HSBC Premier customer) – monthly interest (variable rate)

Effective date
 Amount
 Gross
 AER
28 April 2022 Up to £3,000 2.96% 3.00%
28 April 2022 £3,000+ 0.75% 0.75%

HSBC Premier MySavings (for 11 to 17 year old children of an HSBC Premier customer) – monthly interest (variable rate)

Effective date
 28 April 2022
Amount
 Up to £3,000
Gross
 2.96%
AER
 3.00%
Effective date
 28 April 2022
Amount
 £3,000+
Gross
 0.75%
AER
 0.75%

Products no longer sold

Future Saver for children

Future Saver for children – Monthly interest (variable rate)

Effective date
 Amount
 Gross
 AER
1 March 2022 to 27 April 2022 £1+ 0.50% 0.50%

Future Saver for children – Monthly interest (variable rate)

Effective date
 1 March 2022 to 27 April 2022
Amount
 £1+
Gross
 0.50%
AER
 0.50%

Future Saver for children – Monthly interest (variable rate)

Effective date
 Amount
 Gross
 AER
28 April 2022 £1+ 0.75% 0.75%

Future Saver for children – Monthly interest (variable rate)

Effective date
 28 April 2022
Amount
 £1+
Gross
 0.75%
AER
 0.75%

Help to Buy: ISA

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

Effective date Balance
 Amount
 Tax free AER
1 March 2022 to 27 April 2022 Up to £12,000
 Up to £200 per month
 1.00% 1.00%
1 March 2022 to 27 April 2022 £12,000+
 Up to £200 per month
 0.10% 0.10%

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

Effective date 1 March 2022 to 27 April 2022
Balance
 Up to £12,000
Amount
 Up to £200 per month
Tax free 1.00%
AER 1.00%
Effective date 1 March 2022 to 27 April 2022
Balance
 £12,000+
Amount
 Up to £200 per month
Tax free 0.10%
AER 0.10%

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

Effective date Balance
 Amount
 Tax free AER
28 April 2022 Up to £12,000
 Up to £200 per month
 1.24% 1.25%
28 April 2022 £12,000+
 Up to £200 per month
 0.10% 0.10%

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

Effective date 28 April 2022
Balance
 Up to £12,000
Amount
 Up to £200 per month
Tax free 1.24%
AER 1.25%
Effective date 28 April 2022
Balance
 £12,000+
Amount
 Up to £200 per month
Tax free 0.10%
AER 0.10%

Cash e-ISA

Cash e-ISA – Monthly interest paid tax-free (variable rate)
Effective date
 Amount
 Gross
 AER
1 March 2022 to 27 April 2022 £1+
 0.15% 0.15%

Cash e-ISA – Monthly interest paid tax-free (variable rate)
Effective date
 1 March 2022 to 27 April 2022
Amount
 £1+
Gross
 0.15%
AER
 0.15%

Cash e-ISA – Monthly interest paid tax-free (variable rate)
Effective date
 Amount
 Gross
 AER
28 April 2022 £1+
 0.35% 0.35%

Cash e-ISA – Monthly interest paid tax-free (variable rate)
Effective date
 28 April 2022
Amount
 £1+
Gross
 0.35%
AER
 0.35%

Variable Rate Cash ISA

Variable Rate Cash ISA – Standard rates

Effective date
 Amount
 Gross
 AER
1 March 2022 to 27 April 2022

 

£1+

 

0.15%

 

0.15%

Variable Rate Cash ISA – Standard rates

Effective date
 1 March 2022 to 27 April 2022
Amount

 

£1+
Gross

 

0.15%
AER

 

0.15%

Variable Rate Cash ISA – Standard rates

Effective date
 Amount
 Gross
 AER
28 April 2022 £1+
 0.35%
 0.35%

Variable Rate Cash ISA – Standard rates

Effective date
 28 April 2022
Amount
 £1+
Gross
 0.35%
AER
 0.35%

Young Saver

Young Saver - Monthly interest (variable rate)

Effective date
 Amount
 Gross
 AER

1 March 2022 to 27 April 2022

 £1+
 0.50% 0.50%

Young Saver - Monthly interest (variable rate)

Effective date

1 March 2022 to 27 April 2022
Amount
 £1+
Gross
 0.50%
AER
 0.50%

Young Saver - Monthly interest (variable rate)

Effective date
 Amount
 Gross
 AER

28 April 2022

 £1+
 0.75% 0.75%

Young Saver - Monthly interest (variable rate)

Effective date

28 April 2022
Amount
 £1+
Gross
 0.75%
AER
 0.75%

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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