Take comfort knowing exactly how much interest you will earn with our Fixed Rate Saver account. You can open as many Flexible Saver accounts as you like – perhaps one for a wedding and another for a holiday. Whether you’re saving for a wedding, a new car, a once-in-a-lifetime holiday or maybe all 3, you can open as many Flexible Saver accounts as you have reasons to save. At the end of 12 months we'll transfer your savings into your Instant Access Savings, Flexible Saver or Premier Savings. gross is the rate of interest if interest were paid and not compounded each year. All customers are required to follow a 2 metre physical distancing and wear a face mask. A balance of … We're right with you Close. Set up a standing order from your HSBC account to pay between £25 and £250 into your Regular Saver each month. Our Flexible Saver helps you save for anything, in a way that suits you. And if you don't have any of these accounts, we'll convert your Regular Saver to a Flexible Saver. Yes, the interest rate is variable. Our contact centres are extremely busy at the moment, please don’t call us unless it’s urgent. To open an HSBC Flexible Saver account, you need to be: aged 16 or over* * If you don't have an HSBC current account, call us to open the Flexible Saver or to make an appointment in your local branch. The HSBC Regular Saver is a linked product available to current account customers who have its Premier, Advance, Bank Account, Bank Account Pay Monthly, Student or Graduate account. Start saving from just £25. if we increase the rate of interest, we'll either tell you personally within 31 days, or within 3 working days provide the details in a notice in the press and on our Rates and Charges notice in branches. Choose from fixed-term or easy access accounts. Start saving for something special with just a £1 deposit. Our Jersey and Isle of Man branches are open for critical services only. Whether you want instant access to your cash, a fixed rate, or an account you can manage online, we have a savings account for you. Non-UK tax residents Under 18s savings We offer a savings account designed especially for children between 7 and 17 called MySavings . You can open as many Flexible Saver accounts as you like – perhaps one for a wedding and another for a holiday. a minimum of £1 must be deposited to open the account. If you have an HSBC current or another savings account and you're registered for online banking, you can apply online in minutes. Flexible Saver . We're here to help you. Close We know some of you might have queries about how your finances may be affected by COVID-19 and we're here to ensure you have the help and support you need. Please read the important product information and check eligibility before you apply. It's an instant access account, so you can put in or take out money whenever you like. HSBC Premier Savings - exclusive to HSBC Premier customers . You can start your Flexible Saver account with just £1, and pay in lump sums or set up a standing order to save a set amount each month. Interest is calculated daily and credited to the account monthly. There’s no maximum balance, Access your money instantly. this account can be opened in sole or joint names. If you have more than one of these accounts we'll pay your savings into the account which pays the best interest. HSBC Savings Accounts HSBC offers a range of financial products which includes investments, credit cards, loans, insurance – and mortgages. You may also want to save them for future reference. Effective date: 24 November 2020: Amount: £25-£250 per month: Gross: 1.00%: AER: 1.00%: Flexible Saver Monthly interest (variable rate) Effective date Amount Gross AER; 17 June 2020: All balances: 0.01%: … Before applying, please take the time to read the following documents. There are no charges for withdrawals. If you prefer, you can switch off your paper statements on online banking. With the HSBC Flexi Account you'll get all the benefits of banking with HSBC, as well as a Cashback Credit Card - and you won't have to credit your salary to the account. HSBC Flexi Account combines the feature of a savings account that earns you higher interest with a current account that enables you to write cheques to pay your bills at your convenience. Then, once you receive your security details, you can apply online right away. Term Deposit Account . For those who already have the Regular Saver, it pays 2.75% AER (maximum £3,000) and customers will continue to receive this rate until maturity in 12 months’ time. There is no maximum balance. If you don’t hold an HSBC current account then call us to apply or to make an appointment to apply in branch. How it works This account helps you save for a child's future. Once opened, you can manage your account via telephone and online banking, the HSBC UK Mobile Banking app or in any of our branches Open a Flexible Saver account today Start saving for something special with just a £1 deposit. Our website doesn't support your browser so please upgrade. We aren’t offering our HSBC Flexible Saver in branches at the moment. Compare Accounts . If you have been financially impacted by the coronavirus, please visit our coronavirus guidance page for information on how we may be able to help. You should aim to invest for at least 5 years. Whatever your goals, putting money aside today could have a big impact on your future. Under its savings banner, the bank also offers a range of options such as ISAs, fixed rate bonds, regular savings and easy access accounts, which can offer competitive rates both online and offline. It's usually quickest to apply online, but if you're having trouble with your application, we're here to help - just head to our contact us page. If you’re liable to pay tax outside the UK, please apply at your local branch. For the purpose of this calculation, it is assumed the initial deposit is £1,000, there are no further deposits and no changes apply to the interest rate during the 12 months. If you don’t have a HSBC current account please apply in your local branch. For instance, if you have money in HSBC's Flexible Saver instant access account, did you know that it now pays just 0.05% gross interest? Yes, you have instant access to your account. There are no charges for withdrawals. And if you don't have any of these accounts, we'll convert your Regular Saver to a Flexible Saver. Log on; Register ; Log off; Everyday Banking Accounts & services Move to Borrowing navigation. This shows you what the gross rate would be if interest were paid and compounded each year. Before applying, please take the time to read the following documents. Please read the important product information and check eligibility before you apply. Compare our savings accounts to find the right fit for you. The HSBC Flexible Saver account currently offers a 0.01 percent interest rate, but this is an easy access account which can be operated in many ways - telephone, online or in branch. You can save any amount from £1 upwards. Log on to apply for a flexible saver account This link will open in a new window. You can open as many Flexible Saver accounts as you like – perhaps one for a wedding and another for a holiday. Yes, we can change the interest rate on this account, in line with the account's Terms and Conditions. Access your money conveniently and securely any time with online, mobile or phone banking. This website is designed for use in the Channel Islands and Isle of Man. Flexible Savers help you save for anything, in a way that suits you. 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