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A couple is smiling in the sofa with coffee; image used for HSBC Australia Savings Accounts page.

Savings Accounts

Compare HSBC savings accounts and interest rates online to make saving more convenient. Learn more about online account opening.

Flexi Saver Account

Saving just got more flexible and more rewarding with the Flexi Saver Monthly Bonus rate. Enjoy the added convenience of opening an online savings account anywhere, anytime.
  • Earn more with interest calculated daily and paid monthly
  • Open multiple accounts in multiple currencies
  • No minimum balance required. Bonus interest is paid only when the balance increases by $300 or more per month (not including interest payments)
Other fees and charges (PDF, 184 KB) may apply.

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 rate 1

Serious Saver Account

Serious Saver is a savings account that helps you resist the temptation to spend your savings by rewarding you with a great interest rate for every month3 you don't make a withdrawal. Open your savings account online today.
  • No minimum or ongoing balance required
  • An account that encourages you to save

Rates & Fees:

  • $0 Monthly account fee
  • 2.10% p.a. 4 Month Introductory Variable Rate2
  • 0.15% p.a. Ongoing Variable Rate
  • Applicable every month3 you don't make a withdrawal (Both for the Introductory and Ongoing Variable Rates)
  • Applies to balances up to $1 million only
  • Introductory offer will only be applied to the first Serious Saver account opened with HSBC

Term Deposit Accounts

HSBC Australian Dollar term deposits offer fixed interest rates for your chosen long or short term. Apply for your term deposit account online.
  • Fixed interest rate, minimum balance AUD$5000
  • Select the terms to suit you ranging from 1 month to 5 years
  • Open online and earn bonus interest for terms 1 to 11 months

Rates & Fees:

  • $0 establishment and ongoing fees

1 Monthly Bonus is valid as at 30 March 2020 and subject to change. Monthly Bonus applies for the following month, calculated from the first business day of that month. Interest is calculated daily and paid monthly. Variable rates current as at 30 March 2020 and subject to change. No interest is incurred on balances over AUD$5 million.

2 Introductory offer is available from 21 August 2018 and will only be applied to the first Serious Saver account opened with HSBC. After the introductory period the standard interest rate applies, currently 0.15 % p.a. No interest is payable for balances over $1,000,000. Maximum one Serious Saver Account per customer. Rates current as at 8 May 2020, both introductory and standard rate subject to change at any time. HSBC Serious Saver applicants must be individuals aged 18+.

3 Generally, withdrawals made between the 28th of the month and 27th of the subsequent month (inclusive) will result in no interest being applied for that month. For example, withdrawals on 28th of December, will lead to no interest being applied for the month of January.

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 308 008, at your local branch or Issued by HSBC Bank Australia Limited ABN 48 006 434 162. AFSL 232595.