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Savings accounts interest rates

Fixed Rate Cash ISA

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

Fixed Rate Cash ISA

Interest rate is fixed for the term of your deposit.
Effective date
 Amount
 AER
6 November 2024 £500+ 4.05% AER (4.05% tax free)
2 October 2024 to 5 November 2024 £500+ 4.20% AER (4.20% tax free)
Interest rate is fixed for the term of your deposit.
Effective date
 6 November 2024
Amount
 £500+
AER
 4.05% AER (4.05% tax free)
Effective date
 2 October 2024 to 5 November 2024
Amount
 £500+
AER
 4.20% AER (4.20% tax free)

Online Bonus Saver

Interest including bonus (Variable rate)

(Where you don't make a withdrawal in the month)
Effective date
 Amount
 Gross
 AER
30 June 2023 £1- £50,000 3.93% 4.00%
27 January 2025 £50,000+ 1.74% 1.75%
8 June 2023 to 29 June 2023 £1- £10,000 3.93% 4.00%
30 June 2023 to 26 January 2025 £50,000+ 2.28% 2.30%

Interest including bonus (Variable rate)

(Where you don't make a withdrawal in the month)
Effective date
 30 June 2023
Amount
 £1- £50,000
Gross
 3.93%
AER
 4.00%
Effective date
 27 January 2025
Amount
 £50,000+
Gross
 1.74%
AER
 1.75%
Effective date
 8 June 2023 to 29 June 2023
Amount
 £1- £10,000
Gross
 3.93%
AER
 4.00%
Effective date
 30 June 2023 to 26 January 2025
Amount
 £50,000+
Gross
 2.28%
AER
 2.30%

Standard rates

Monthly interest (variable rate)
Effective date
 Amount
 Gross
 AER

27 January 2025

 All balances 1.49% 1.50%
18 November 2024 to 26 January 2025 All balances 1.74% 1.75%
10 August 2023 to 17 November 2024 All balances 1.98% 2.00%

Standard rates

Monthly interest (variable rate)
Effective date

27 January 2025
Amount
 All balances
Gross
 1.49%
AER
 1.50%
Effective date
 18 November 2024 to 26 January 2025
Amount
 All balances
Gross
 1.74%
AER
 1.75%
Effective date
 10 August 2023 to 17 November 2024
Amount
 All balances
Gross
 1.98%
AER
 2.00%

Regular Saver

Annual interest (fixed rate)
Effective date
 Amount
 Gross
 AER
7 October 2024 £25 to £250 per month 5.00% 5.00%
9 September 2024 to 6 October 2024 £25 to £250 per month
 7.00%
 7.00%
Annual interest (fixed rate)
Effective date
 7 October 2024
Amount
 £25 to £250 per month
Gross
 5.00%
AER
 5.00%
Effective date
 9 September 2024 to 6 October 2024
Amount
 £25 to £250 per month
Gross
 7.00%
AER
 7.00%

Flexible Saver

Monthly interest (variable rate)
Effective date
 Amount
 Gross
 AER
27 January 2025 All balances 1.49% 1.50%
18 November 2024 to 26 January 2025 All balances 1.74% 1.75%
10 August 2023 to 17 November 2024 All balances 1.98% 2.00%
Monthly interest (variable rate)
Effective date
 27 January 2025
Amount
 All balances
Gross
 1.49%
AER
 1.50%
Effective date
 18 November 2024 to 26 January 2025
Amount
 All balances
Gross
 1.74%
AER
 1.75%
Effective date
 10 August 2023 to 17 November 2024
Amount
 All balances
Gross
 1.98%
AER
 2.00%

HSBC Premier Savings†

Rate also applies to all cash within the Premier Investment Management Service (PIMS) and Trust Services including Trust Discretionary Investment Services (TDIS).

 

From 24 February 2025 if you have a balance within the Premier Investment Management Service or a Trust Service, such as Trust Discretionary Investment Services, you’ll receive a single rate of 2.00% AER / 1.98% gross.

 

HSBC Premier Savings † is available to Premier customers only

Monthly interest (variable rate)
Effective date
 Amount
 Gross
 AER
24 February 2025 Below £50,000 1.74% 1.75%
24 February 2025 £50,000 to £100,000 1.83% 1.85%
24 February 2025 Over £100,000 1.98% 2.00%
18 November 2024 to 23 February 2025 All balances 1.98% 2.00%
10 August 2023 to 17 November 2024 All balances 2.23% 2.25%

Rate also applies to all cash within the Premier Investment Management Service (PIMS) and Trust Services including Trust Discretionary Investment Services (TDIS).

 

From 24 February 2025 if you have a balance within the Premier Investment Management Service or a Trust Service, such as Trust Discretionary Investment Services, you’ll receive a single rate of 2.00% AER / 1.98% gross.

 

HSBC Premier Savings † is available to Premier customers only

Monthly interest (variable rate)
Effective date
 24 February 2025
Amount
 Below £50,000
Gross
 1.74%
AER
 1.75%
Effective date
 24 February 2025
Amount
 £50,000 to £100,000
Gross
 1.83%
AER
 1.85%
Effective date
 24 February 2025
Amount
 Over £100,000
Gross
 1.98%
AER
 2.00%
Effective date
 18 November 2024 to 23 February 2025
Amount
 All balances
Gross
 1.98%
AER
 2.00%
Effective date
 10 August 2023 to 17 November 2024
Amount
 All balances
Gross
 2.23%
AER
 2.25%

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
11 December 2024 3.00% AER (2.96% tax free) 2.20% AER (2.18% tax free)
2 October 2024 to 10 December 2024 3.20% AER (3.15% tax free) 2.30% AER (2.28% tax free)
HSBC Loyalty Cash ISA – HSBC Premier rates
Effective date
 11 December 2024
Loyalty rate
 3.00% AER (2.96% tax free)
Standard rate
 2.20% AER (2.18% tax free)
Effective date
 2 October 2024 to 10 December 2024
Loyalty rate
 3.20% AER (3.15% tax free)
Standard rate
 2.30% AER (2.28% tax free)
HSBC Loyalty Cash ISA – Other current account rates
Effective date
 Loyalty rate
 Standard rate
11 December 2024 2.50% AER (2.47% tax free) 2.20% AER (2.18% tax free)
2 October 2024 to 10 December 2024 2.70% AER (2.67% tax free) 2.30% AER (2.28% tax free)
HSBC Loyalty Cash ISA – Other current account rates
Effective date
 11 December 2024
Loyalty rate
 2.50% AER (2.47% tax free)
Standard rate
 2.20% AER (2.18% tax free)
Effective date
 2 October 2024 to 10 December 2024
Loyalty rate
 2.70% AER (2.67% tax free)
Standard rate
 2.30% AER (2.28% 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
6 November 2024 1 year £2,000+ 4.05% 4.05%
11 December 2024 2 years £2,000+ 3.80% 3.80%
15 October 2024 to 5 November 2024 1 year £2,000+ 4.15% 4.15%
6 November 2024 to 10 December 2024 2 years £2,000+ 3.50% 3.50%
Fixed Rate Saver – both monthly and annual interest products
Effective date
 6 November 2024
Term 1 year
Amount
 £2,000+
Gross
 4.05%
AER
 4.05%
Effective date
 11 December 2024
Term 2 years
Amount
 £2,000+
Gross
 3.80%
AER
 3.80%
Effective date
 15 October 2024 to 5 November 2024
Term 1 year
Amount
 £2,000+
Gross
 4.15%
AER
 4.15%
Effective date
 6 November 2024 to 10 December 2024
Term 2 years
Amount
 £2,000+
Gross
 3.50%
AER
 3.50%

MySavings

MySavings – monthly interest (variable rate)
Balances up to £3,000
Effective date
 Gross
 AER
20 July 2023 4.89% 5.00%
8 June 2023 to 19 July 2023 4.89% 5.00%
MySavings – monthly interest (variable rate)
Balances up to £3,000
Effective date
 20 July 2023
Gross
 4.89%
AER
 5.00%
Effective date
 8 June 2023 to 19 July 2023
Gross
 4.89%
AER
 5.00%
Balances of £3,000+
Effective date
 Gross
 AER
27 January 2025 1.74% 1.75%
18 November 2024 to 26 January 2025 1.98% 2.00%
10 August 2023 to 17 November 2024 2.23% 2.25%
Balances of £3,000+
Effective date
 27 January 2025
Gross
 1.74%
AER
 1.75%
Effective date
 18 November 2024 to 26 January 2025
Gross
 1.98%
AER
 2.00%
Effective date
 10 August 2023 to 17 November 2024
Gross
 2.23%
AER
 2.25%

HSBC Premier MySavings

Balances up to £3,000
Effective date
 Gross
 AER
20 July 2023 4.89% 5.00%
8 June 2023 to 19 July 2023 4.89% 5.00%
Balances up to £3,000
Effective date
 20 July 2023
Gross
 4.89%
AER
 5.00%
Effective date
 8 June 2023 to 19 July 2023
Gross
 4.89%
AER
 5.00%
Balances of £3,000+
Effective date
 Gross
 AER
27 January 2025 1.74% 1.75%
18 November 2024 to 26 January 2025 1.98% 2.00%
10 August 2023 to 17 November 2024 2.23% 2.25%
Balances of £3,000+
Effective date
 27 January 2025
Gross
 1.74%
AER
 1.75%
Effective date
 18 November 2024 to 26 January 2025
Gross
 1.98%
AER
 2.00%
Effective date
 10 August 2023 to 17 November 2024
Gross
 2.23%
AER
 2.25%

Products no longer sold

Future Saver for children

Future Saver for children – Monthly interest (variable rate)
Effective date
 Amount
 Gross
 AER
27 January 2025 £1+ 1.74% 1.75%
18 November 2024 to 26 January 2025 £1+ 1.98% 2.00%
10 August 2023 to 17 November 2024 £1+ 2.23% 2.25%
Future Saver for children – Monthly interest (variable rate)
Effective date
 27 January 2025
Amount
 £1+
Gross
 1.74%
AER
 1.75%
Effective date
 18 November 2024 to 26 January 2025
Amount
 £1+
Gross
 1.98%
AER
 2.00%
Effective date
 10 August 2023 to 17 November 2024
Amount
 £1+
Gross
 2.23%
AER
 2.25%

Help to Buy: ISA

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

Balances up to £12,000:
Effective date Amount
 Gross AER
11 December 2024 Up to £200 per month 3.20% 3.25%
7 July 2023 to 10 December 2024 Up to £200 per month 3.45% 3.50%

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

Balances up to £12,000:
Effective date 11 December 2024
Amount
 Up to £200 per month
Gross 3.20%
AER 3.25%
Effective date 7 July 2023 to 10 December 2024
Amount
 Up to £200 per month
Gross 3.45%
AER 3.50%
Balances of £12,000+
Effective date Amount
 Gross AER
11 December 2024 Up to £200 per month 1.49% 1.50%
2 October 2024 to 10 December 2024 Up to £200 per month 1.74% 1.75%
Balances of £12,000+
Effective date 11 December 2024
Amount
 Up to £200 per month
Gross 1.49%
AER 1.50%
Effective date 2 October 2024 to 10 December 2024
Amount
 Up to £200 per month
Gross 1.74%
AER 1.75%

Young Saver

Young Saver - Monthly interest (variable rate)
Effective date
 Amount
 Gross
 AER
10 August 2023 £1+ 2.23% 2.25%
20 July 2023 to 9 August 2023 £1+ 1.98% 2.00%
Young Saver - Monthly interest (variable rate)
Effective date
 10 August 2023
Amount
 £1+
Gross
 2.23%
AER
 2.25%
Effective date
 20 July 2023 to 9 August 2023
Amount
 £1+
Gross
 1.98%
AER
 2.00%

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.

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