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Online Saver Account
- Available in sterling, US dollars or euro
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Attractive interest rates, calculated daily and paid monthly to your Online Saver account - info
- If you are or become a Premier Customer, you qualify for preferential rates on a range of accounts.
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Instant access to your money - no notice required - info
- Easy online account management via Internet Banking - view your statements online and transfer funds to / from your account - info
Please note, no interest is paid on your entire online saver account balance in any calendar month you make a withdrawal.
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Online Saver Terms and Conditions
Interest rates and minimum/maximum balances.
| Currency | Sterling | US Dollars | Euro |
| Premier Interest (gross)* | 4.89% gross p.a. variable | 1.88% gross p.a. variable | 4.08% gross p.a. variable |
| Premier Interest (AER)* |
5.00% AER variable | 1.39% AER variable | 4.16% AER variable |
| Standard Interest (gross)* | 4.35% gross p.a. variable | 1.39% gross p.a. variable | 3.64% gross p.a. variable |
| Standard Interest (AER)* | 4.44% AER variable | 1.40% AER variable | 3.70% AER variable |
| Minimum Balance | £10,000 | US$20,000 | €20,000 |
| Maximum Balance | £500,000 | US$1,000,000 | €1,000,000 |
* If you make a withdrawal from your Online Saver account no interest will be paid on the entire balance for the calendar month in which the withdrawal is made. Also no interest will be paid for any day when the balance is below the minimum balance or on any part of the balance which exceeds the maximum balance for any days on which the maximum balance is exceeded. All interest is currently paid gross. However, if you are residing in the EU, credit interest may be subject to a retention tax. As an alternative, you could opt to have your account details reported ultimately to your local tax authority. Learn more
Withdrawal of funds via Internet Banking by transfer to another HSBC account or to an account held elsewhere. Please note transfers to accounts held elsewhere may take longer (a daily maximum transfer limit applies).
AER: Annual Equivalent Rate: This is a notional rate which illustrates what the gross rate would be if interest were paid and compounded each year.
GROSS: The rate before the deduction of tax applicable to interest on savings accounts.
