Why choose a Flexi Saver account?

Saving just got more flexible and more rewarding with the Flexi Saver Monthly Bonus rate
  • Earn more with interest calculated daily and paid monthly
  • Maximum balance is AUD $5m
  • No minimum balance required. Bonus interest is paid only when the balance increases by $300 or more per month (not including interest payments)

Rates & Fees:

  • $0 Monthly account fee
  • 1.25% p.a. interest rate including Monthly Bonus (variable) of 1.24% p.a.1
  • 0.01% p.a. standard variable rate1

Ways to open:

Online, Branch, Phone

Features & Benefits

Monthly Bonus

To receive the Monthly Bonus, simply:

  • Ensure that on the last business day of the month, your balance is at least $300 higher (excluding interest) than the opening balance on the first business day of that month
  • Where eligibility has been established during the month, the bonus interest will be calculated daily on the account from the first working day of the following month (e.g. if eligibility is established in January 2020, then the bonus interest rate will apply for the month of February, commencing from Monday 3rd February 2020)
  • Interest is calculated daily and paid monthly, eligible on balances up to AUD$5 million

If you miss out on receiving your Monthly Bonus you'll still receive the competitive standard variable rate. The Monthly Bonus resets every month so you'll have the opportunity to qualify again during the following month. 

Build your savings

Try these quick tips to help build your savings:
  •  Set up direct credits from your transaction account straight into your Flexi Saver to help build your savings
  • Open multiple accounts to save for different goals, you can even rename them online through Online Banking
  • Interest is calculated daily and paid monthly


You'll automatically receive a statement every 6 months or you can request monthly or quarterly statements.

Switch to e-Statements and e-Notifications for convenient access to your statements and account notifications via Online Banking. Switch to paperless today via Online Banking.

Account Fees and Charges

Fees and charges for the Flexi Saver account

Monthly account fee


Online Banking (Fees apply for some services)


Branch withdrawals and transfers in AUD$


Phone Banking


Flexi Saver Account Interest Rate on balances up to AUD$5,000,000

Rate including Monthly Bonus (variable) of 1.24
% p.a.1

1.25% p.a.1

Standard variable rate

0.01% p.a.1

Monthly Bonus is valid as of 1
30 March 2020
Variable rates current as of 1
30 March 2020
Monthly Bonus and variable rate are subject to change. No interest is incurred on balances over AUD$5 million.

Apply for a Flexi Saver Account

Already an HSBC customer?

Existing HSBC Australia customers with Online Banking.

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Monthly bonus offer valid as at 2 September 2019 and subject to change. Rates are current as at 30 March 2020 and subject to change. No interest is incurred on the portion of balances over AUD$ 5 million. 

Other fees and charges (PDF, 184 KB) may apply. This advertisement provides general advice only and doesn't take into account your objectives, financial situation or needs. Consider the Product Disclosure Statement (PDS) and Financial Services Guide (FSG) (PDF, 487 KB) before acquiring this product, available by calling 1300 131 605, at your local branch or www.hsbc.com.au. Issued by HSBC Bank Australia Limited ABN 48 006 434 162. AFSL 232595.