ISA Account | Open An ISA

ISAs: a smart way to save

ISAs are a tax-efficient way to save. You pay no tax on the interest earned on a Cash ISA. And no tax on income or growth from a stocks & shares ISA. That's why many people choose to maximise their ISA allowance every year.

The value of any tax benefits described depends upon your individual circumstances. Tax rules may change in future.

Learn more about using your tax allowances.

Find out how you could reduce the impact of inflation on your savings.

The current tax year 2024/25 ends on 5 April 2025. If you want to subscribe to an HSBC Cash ISA in this tax year, you’ll need to ensure we receive a valid application and payment by the following dates:
Account name	Online	Post*	Branch**	Phone***
HSBC Loyalty Cash ISA	Applications: 23:45 on 5 April 2025	Applications: End of day on 5 April 2025	If you do not have access to a computer, you can apply for or reactivate an HSBC Loyalty Cash ISA in the branch. Applications: End of day on 5 April 2025 Reactivations: End of day on 2 April 2025	If you do not have access to a computer, you can apply for or reactivate an HSBC Loyalty Cash ISA over the phone. Applications: 20:00 on 5 April 2025 Reactivations: 20:00 on 2 April 2025
HSBC Fixed Rate Cash ISA	Applications: 23:45 on 2 April 2025	-	Applications: End of day on 5 April 2025	Applications: 20:00 on 5 April 2025
HSBC Help to Buy: ISA	-	Reactivations: End of day on 5 April 2025	Reactivations: End of day on 2 April 2025	If you do not have access to a computer, you can reactivate an HSBC Help to Buy: ISA over the phone. Reactivations: 20:00 on 2 April 2025

The current tax year 2024/25 ends on 5 April 2025. If you want to subscribe to an HSBC Cash ISA in this tax year, you’ll need to ensure we receive a valid application and payment by the following dates:
Account name	HSBC Loyalty Cash ISA
Online	Applications: 23:45 on 5 April 2025
Post*	Applications: End of day on 5 April 2025
Branch**	If you do not have access to a computer, you can apply for or reactivate an HSBC Loyalty Cash ISA in the branch. Applications: End of day on 5 April 2025 Reactivations: End of day on 2 April 2025
Phone***	If you do not have access to a computer, you can apply for or reactivate an HSBC Loyalty Cash ISA over the phone. Applications: 20:00 on 5 April 2025 Reactivations: 20:00 on 2 April 2025

Account name	HSBC Fixed Rate Cash ISA
Online	Applications: 23:45 on 2 April 2025
Post*	-
Branch**	Applications: End of day on 5 April 2025
Phone***	Applications: 20:00 on 5 April 2025

Account name	HSBC Help to Buy: ISA
Online	-
Post*	Reactivations: End of day on 5 April 2025
Branch**	Reactivations: End of day on 2 April 2025
Phone***	If you do not have access to a computer, you can reactivate an HSBC Help to Buy: ISA over the phone. Reactivations: 20:00 on 2 April 2025

* Please allow enough time for Royal Mail to deliver your application to us.

** Please check branch opening times as these may vary.

*** To complete your application or reactivation, call us on 03457 404404 or 03457 707070 if you're a Premier customer.

Payments to your HSBC cash ISA

Cash

Cash funds must be credited into your HSBC Cash ISA by 4 April.

Please check branch opening times as branches may vary and not all branches will have cash deposit facilities.

Cheque

Cheques must be processed by the dates and times below:

Post Office - 15:30 on 2 April

Mobile deposit - 10:00 on 3 April

Branch deposit - 15:30 on 3 April

Faster Payments

Faster Payments can be made over the phone, in branch or via online banking. The payment must be made and have cleared into your cash ISA by 23:45 on 5 April to count for the 2024/25 tax year.

Please check with your provider if unsure of their Faster Payment timescales.

Fixed Rate Cash ISA

Earn interest tax free
Fixed rate for up to 13 months, know the interest you will be earning
Open with £500
Withdrawal restrictions and an early withdrawal fee may apply

More details about Fixed Rate Cash ISA

Compare savings products

HSBC Loyalty Cash ISA

be rewarded for your loyalty
earn interest tax-free
open with just £1
instant access

More details about HSBC Cash ISA

ISAs vs. savings

Stocks & shares ISA

start investing with £50
choose a ready-made portfolio that's managed for you
invest on the website or in the app

Eligibility criteria and fees may apply. You may get back less than you invested. You should aim to invest for at least 5 years.

More details about Stocks and shares ISA

New to investing?

Frequently asked questions

Cash ISA age limit

From 6 April 2024, there are changes to how old you need to be to open a cash ISA.

To open a new cash ISA, you need to be either:

18 years old or over, or
Covered by the transitional arrangements for those aged 16 or 17 (as of 5 April 2024), which is in place until 5 April 2026

ISA providers aren't obliged to offer the transitional arrangements. HSBC won't allow customers under 18 to open a new cash ISA from 6 April 2024, but will consider changing this in the future.

Subscribing to more than one of the same type of ISA

If you're aged 18 or over, you'll now be able to subscribe to more than one of the same type of ISA in the same tax year – subject to staying within the overall annual limit.

For example, you could subscribe to a cash or stocks & shares ISA with one ISA provider and also subscribe to one with a different provider.

This change doesn’t apply to Lifetime ISAs, where it's still only possible to subscribe to one Lifetime ISA in a tax year. HSBC doesn't offer Lifetime ISAs.

From April 6 2024, ISA providers are not obliged to allow subscriptions to more than one ISA of the same type in the same tax year with themselves, and HSBC will not be offering this.

Other optional changes that not all providers are implementing

If you've gone a whole tax year without making a subscription to an existing ISA, you can now restart subscriptions without needing to complete a new application.

Since 6 April, some providers allow you to make a partial transfer of subscriptions made in the current tax year, but HSBC is not currently allowing this.

We'll update our website if we make any changes to our ISAs in the future.

ISAs

ISAs: a smart way to save

End of tax year key dates

Payments to your HSBC cash ISA

Fixed Rate Cash ISA

HSBC Loyalty Cash ISA

Stocks & shares ISA

Frequently asked questions

How are ISAs changing in the 2024 / 2025 tax year?

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Help to Buy: ISA

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