Fixed Term Deposit Account – More details

More details

Put your money away for a fixed amount of time and enjoy the certainty of knowing exactly how much interest you're going to earn.

  • Simply tell us for how long you want to deposit your money. We'll let you know how much interest you'll receive at the end of this term.
  • Available in 19 currencies including sterling, US dollar and euro.
  • Interest rates fixed for up to 5 years in sterling or up to one year in other currencies.*
  • 24/7 online and telephone banking from anywhere in the world
  • The minimum opening balance for this account is: £5,000, US$5,000 or €10,000 (other currencies £10,000 equivalent).
  • HSBC Premier customers qualify for our best interest rates.
  • At the end of the term, your deposit will be automatically renewed for the same period, unless you tell us otherwise.

No interest is payable if the balance falls below the minimum account opening balance.

Interest is paid gross of tax, calculated daily and credited to your account at maturity for terms of one year or less, and annually for terms greater than one year. It is your responsibility to report earnings to the appropriate tax authorities. However, all the interest you earn from your accounts may be subject to reporting to relevant tax authorities.

*Withdrawals at any time other than maturity will incur a £50 handling fee plus the cost to HSBC of funding the repayment. Depending on when the withdrawal is made and the amount deposited, you may get back less than originally invested.

Available in all major currencies

Fixed Term Deposit Accounts are available in:

Australian dollar   Canadian dollar Danish krone Euro
Hong Kong dollar Hungarian forint Japanese yen New Zealand dollar
Norwegian krone Polish zloty Chinese renminbi South African rand
Sterling Swedish krona Swiss franc Singapore dollar
Thai baht UAE dirham US dollar  
It's easy to apply for an account

It's easy to apply for an account

Interested in joining us? You can either:

  • Fill in an application form online
  • Download an application form to fill in at a time convenient to you
  • Phone us or request a call back