Regular Saver | Our Highest Interest Rates

HSBC UK
Savings accounts
Regular Saver

HSBC Regular Saver

When you have some extra cash to put aside each month, the HSBC Regular Saver is a great way to watch your balance grow. You can save up to £3,000 at an interest rate that’s fixed for 12 months – either 3% or 5% AER/gross depending on which current account you hold with us.

Enjoy a preferential rate of 5% AER/gross If you're an HSBC Premier¹ or HSBC Advance² customer, you'll get a fixed rate of 5% AER/gross (providing you keep the account for the period you hold a Regular Saver with us)
Earn 3% AER/gross If you're an existing HSBC Bank Account³, Bank Account Pay Monthly⁴ , Student Bank Account or Graduate Bank Account customer, you’ll earn a fixed rate of 3% AER/gross.
Keep your money in for a year To benefit from the great rates on this account, you won’t be able to make partial withdrawals at any time during the 12 months. You can choose to close your account early, but if you do, you'll receive interest at our Flexible Saver rate.
Start saving from just £25 You can choose to set up a standing order to pay between £25 and £250 into your Regular Saver Account each month, up to a total of £3,000. (If your regular payments are less than £250, you can carry your allowance over and pay more in later months.)
Receive a lump sum At the end of 12 months, we'll transfer your balance into your Instant Access Savings, Flexible Saver or Premier Savings account. If you have more than one of these, we'll choose whichever pays the best interest. If you don't have any, we'll convert your Regular Saver to a Flexible Saver for you.

Open a Regular Saver today

How to apply for a HSBC Regular Saver

Please read the important product information and check eligibility before you apply.

Key product information

How it works

You'll get a fixed rate of 5% AER/gross if you're an HSBC Premier or HSBC Advance customer (providing you keep the account for the period you hold a Regular Saver with us).1

You'll get a fixed rate of 3% AER/gross if you're a Bank Account, Bank Account Pay Monthly, Student Bank Account or Graduate Bank Account customer².

You can choose to set up a standing order to pay between £25 and £250 into your Regular Saver Account each month, up to a total of £3,000. (If your regular payments are less than £250, you can carry your allowance over and pay more in later months.)

Please note, you can only hold one Regular Saver Account at any given time.

Download PDF version of interest rates (PDF, 695KB) Download

Summary box
Question	Answer
What is the account name?	Regular Saver
What is the interest rate?	Standard Rate Interest rate on all balances: 3.00% AER (3.00% Gross) Preferential rate Interest rate on all balances: 5.00% AER (5.00% Gross) Interest is calculated daily and is credited at the end of the 12 month fixed term. Standard rates available to Bank Account, Bank Account Pay Monthly, HSBC Student Bank Account and Graduate Bank Account customers. Preferential rates only available to HSBC Premier or HSBC Advance customers.
Can HSBC change the interest rate?	No, once your account is opened the rate will remain fixed for the 12 month term.
What would the estimated balance be after 12 months based on 12 regular monthly deposits of £25 and £250?	Monthly Deposits of £25 Standard rate Interest rate: 3.00% AER (3.00% Gross) Total deposits after 12 months: £300 Balance at end of 12 months: £304.88 Preferential rate Interest rate: 5.00% AER (5.00% Gross) Total deposits after 12 months: £300 Balance at end of 12 months: £308.12 Monthly Deposits of £250 Standard rate Interest rate: 3.00% AER (3.00% Gross) Total deposits after 12 months: £3000 Balance at end of 12 months: £3,048.75 Preferential rate Interest rate: 5.00% AER (5.00% Gross) Total deposits after 12 months: £3000 Balance at end of 12 months: £3,081.25 For the purpose of this calculation, it is assumed:- 12 monthly deposits of £25 or £250 No withdrawals No change to the interest rate during the 12 months Projection provided for illustrative purposes only and does not take into account individual circumstances.
How do I open & manage my account?	Eligibility: You must have one of the following HSBC current accounts: HSBC Premier, HSBC Advance, Bank Account, Bank Account Pay Monthly, HSBC Student Bank Account or Graduate Bank Account which you must maintain for the 12 month duration. How to open the account: If you have a HSBC Premier, HSBC Advance, Bank Account, Bank Account Pay Monthly, or Graduate Bank Account you can open an account via Online Banking, Telephone Banking or in branch If you have a HSBC Student Bank Account, you can open a Regular Saver via Telephone Banking or in Branch. Minimum/Maximum Balance: The minimum deposit in month 1 is £25 The maximum balance is £3,000 at the end of the 12 month term Regular Deposits: Regular deposits must be made by standing order each month The minimum monthly deposit is £25 per month The maximum monthly deposit is £250 per month If you don't pay in the maximum allowed in any month, you can carry over the unused subscriptions and catch up in future months How to manage the account Once opened you can view your account balance via Online Banking, our Mobile Banking App, in branch or via Telephone Banking. You can change the amount of your standing order via Telephone Banking.
Can I withdraw money?	No, you can not make partial withdrawals. You can close your account before the end of the 12 month term however you will receive interest up to the date of closure at our Flexible Saver rate. At the end of 12 months we'll transfer your savings into your Instant Access Savings, Flexible Saver or Premier Savings. If you have more than one of these accounts we'll pay your savings into the account which pays the best interest. And if you don't have any of these accounts, we'll convert your Regular Saver to a Flexible Saver.
Additional Information	A 14 day cancellation period applies to this account. We do not deduct tax from any interest paid to you. Tax benefits depend on individual circumstances and could change in the future. 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. Rates correct as at 06.04.18

Summary box
Question	What is the account name?
Answer	Regular Saver

Question	What is the interest rate?
Answer	Standard Rate Interest rate on all balances: 3.00% AER (3.00% Gross) Preferential rate Interest rate on all balances: 5.00% AER (5.00% Gross) Interest is calculated daily and is credited at the end of the 12 month fixed term. Standard rates available to Bank Account, Bank Account Pay Monthly, HSBC Student Bank Account and Graduate Bank Account customers. Preferential rates only available to HSBC Premier or HSBC Advance customers.

Question	Can HSBC change the interest rate?
Answer	No, once your account is opened the rate will remain fixed for the 12 month term.

Question	What would the estimated balance be after 12 months based on 12 regular monthly deposits of £25 and £250?
Answer	Monthly Deposits of £25 Standard rate Interest rate: 3.00% AER (3.00% Gross) Total deposits after 12 months: £300 Balance at end of 12 months: £304.88 Preferential rate Interest rate: 5.00% AER (5.00% Gross) Total deposits after 12 months: £300 Balance at end of 12 months: £308.12 Monthly Deposits of £250 Standard rate Interest rate: 3.00% AER (3.00% Gross) Total deposits after 12 months: £3000 Balance at end of 12 months: £3,048.75 Preferential rate Interest rate: 5.00% AER (5.00% Gross) Total deposits after 12 months: £3000 Balance at end of 12 months: £3,081.25 For the purpose of this calculation, it is assumed:- 12 monthly deposits of £25 or £250 No withdrawals No change to the interest rate during the 12 months Projection provided for illustrative purposes only and does not take into account individual circumstances.

Question	How do I open & manage my account?
Answer	Eligibility: You must have one of the following HSBC current accounts: HSBC Premier, HSBC Advance, Bank Account, Bank Account Pay Monthly, HSBC Student Bank Account or Graduate Bank Account which you must maintain for the 12 month duration. How to open the account: If you have a HSBC Premier, HSBC Advance, Bank Account, Bank Account Pay Monthly, or Graduate Bank Account you can open an account via Online Banking, Telephone Banking or in branch If you have a HSBC Student Bank Account, you can open a Regular Saver via Telephone Banking or in Branch. Minimum/Maximum Balance: The minimum deposit in month 1 is £25 The maximum balance is £3,000 at the end of the 12 month term Regular Deposits: Regular deposits must be made by standing order each month The minimum monthly deposit is £25 per month The maximum monthly deposit is £250 per month If you don't pay in the maximum allowed in any month, you can carry over the unused subscriptions and catch up in future months How to manage the account Once opened you can view your account balance via Online Banking, our Mobile Banking App, in branch or via Telephone Banking. You can change the amount of your standing order via Telephone Banking.

Question	Can I withdraw money?
Answer	No, you can not make partial withdrawals. You can close your account before the end of the 12 month term however you will receive interest up to the date of closure at our Flexible Saver rate. At the end of 12 months we'll transfer your savings into your Instant Access Savings, Flexible Saver or Premier Savings. If you have more than one of these accounts we'll pay your savings into the account which pays the best interest. And if you don't have any of these accounts, we'll convert your Regular Saver to a Flexible Saver.

Question	Additional Information
Answer	A 14 day cancellation period applies to this account. We do not deduct tax from any interest paid to you. Tax benefits depend on individual circumstances and could change in the future. 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. Rates correct as at 06.04.18

How to apply

To open a Regular Saver account, you must have one of these HSBC current accounts:

Please note, we only allow one Regular Saver per customer.

Apply online

If you’re registered for online banking and have a HSBC Premier, HSBC Advance, Bank Account, Bank Account Pay Monthly or Graduate Bank Account qualifying HSBC current account, you can log on to apply for the Regular Saver in just a few minutes. If you have a HSBC Student Bank Account you can currently only apply for a Regular Saver account by phone or in branch.

Log on to apply This link will open in a new window

If you already have a HSBC Premier, HSBC Advance, Bank Account, Bank Account Pay Monthly or Graduate Bank Account, you can register for online banking. Once you’ve received your security details, you’ll be able to apply for and manage a Regular Saver account online. If you have a HSBC Student Bank Account you can currently only apply for a Regular Saver account by phone or in branch.

Apply by phone

If you already have a qualifying HSBC Current Account , you can find out more and apply for a Regular Saver account by calling:

0800 032 4729

Lines are open 8am to 8pm every day (excluding Christmas Day, Boxing Day and New Year’s Day).

Textphone contact numbers Opens in overlay

Apply in branch

Qualifying HSBC Current Account customers can apply for a Regular Saver account by visiting one of our branches. You’ll just need to bring some identification and proof of your address.

Once your account is open, you can manage it in branch and online.

Call to book an appointment

In the UK: 03457 404 404

Outside the UK: +44 1226 261 010

Find a branch

Additional information

Before applying, please take the time to read the following documents. You may also want to save them for future reference.

Privacy Notice (PDF, 128KB) Download

UK FSCS Information Sheet and Exclusions List (PDF, 578KB) Download

Banking made easy (PDF, 155KB) Download

Personal Banking Terms and Conditions (PDF, 539KB) Download

Charges and additional product terms (PDF, 502KB) Download

Savings brochure Download

Important notes Opens in overlay

Money Advice Service This link will open in a new window

Frequently Asked Questions

You can save between £25 and £250 per month by standing order for a fixed term of 12 months. If you haven't saved up to the £250 maximum in any given month, you can carry over any unused subscription to the following months. You can only hold one Regular Saver Account at any given time.

You're not able to make partial withdrawals. If you decide to close your account within the fixed term period of 12 months, you'll receive interest at our Flexible Saver rate. See our Interest rates for current rates.

Terms and Conditions

¹HSBC Premier is subject to financial eligibility criteria.

²HSBC Advance Bank Account is subject to financial eligibility criteria and is available to customers who pay in £1,750 or more each month (or a minimum of £10,500 every six months), not including money transferred from other sole or joint personal accounts held with HSBC Bank.

³HSBC Bank Account requires a minimum of £500 per month to be paid into the account. This does not apply if you're under the age of 24.

⁴HSBC Bank Account Pay monthly costs £10 per month.

HSBC Regular Saver

HSBC Regular Saver

Enjoy a preferential rate of 5% AER/gross If you're an HSBC Premier1 or HSBC Advance2 customer, you'll get a fixed rate of 5% AER/gross (providing you keep the account for the period you hold a Regular Saver with us)

Earn 3% AER/gross If you're an existing HSBC Bank Account3, Bank Account Pay Monthly4 , Student Bank Account or Graduate Bank Account customer, you’ll earn a fixed rate of 3% AER/gross.

Keep your money in for a year To benefit from the great rates on this account, you won’t be able to make partial withdrawals at any time during the 12 months. You can choose to close your account early, but if you do, you'll receive interest at our Flexible Saver rate.

Start saving from just £25 You can choose to set up a standing order to pay between £25 and £250 into your Regular Saver Account each month, up to a total of £3,000. (If your regular payments are less than £250, you can carry your allowance over and pay more in later months.)

Key product information

How it works

Summary box

Summary box

How to apply

Are you eligible?

Apply online

Apply by phone or in branch

Additional information

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Terms and Conditions

Connect with us

Enjoy a preferential rate of 5% AER/gross If you're an HSBC Premier¹ or HSBC Advance² customer, you'll get a fixed rate of 5% AER/gross (providing you keep the account for the period you hold a Regular Saver with us)

Earn 3% AER/gross If you're an existing HSBC Bank Account³, Bank Account Pay Monthly⁴ , Student Bank Account or Graduate Bank Account customer, you’ll earn a fixed rate of 3% AER/gross.