Fixed Term Deposit Account – Overview

Fix your interest rate and enjoy knowing how much interest you're going to earn

  • Attractive interest rates
    Interest rates may vary see our interest rates tool. Interest is paid at maturity.
  • Currencies
    Available in 19 currencies, including sterling, US dollar and euro
  • Choice of fixed terms
    Choose to fix your savings for up to 5 years depending on your choice of currency.
    Charges apply for early closure**
  • Minimum account balance
    The minimum balance for this account is £5,000, US$5,000 or €10,000. Other currencies: £10,000 currency equivalent
  • Online and phone banking
    24 hours a day online* and telephone banking
  • A central location
    Our savings accounts allow you to keep your savings in one place, while you move around the world

* Internet access is only available for fixed term deposit accounts between one month and one year

** There is a £50 charge payable for early closures, plus any additional costs to HSBC of funding the repayments. Partial withdrawal of funds is not permitted. Depending on when the withdrawal is made and the amount deposited, you may get back less than originally invested.

AER (Annual Equivalent Rate): This is a notional interest rate which illustrates what the gross rate would be if interest were paid and compounded each year.

Gross: The interest rate before the deduction of tax applicable to interest on savings accounts.

HSBC Bank plc, Jersey Branch is a participant in the Jersey Bank Depositor Compensation Scheme. The Scheme offers protection for eligible deposits of up to £50,000. The maximum total amount of compensation is capped at £100,000,000 in any 5 year period. Full details of the scheme and banking groups covered are available on the states of Jersey website or on request. Deposits and investments made with our office in Jersey are not protected by the rules made under the UK's Financial Services and Markets Act 2000, including the Financial Services Compensation Scheme, and the UK's Financial Ombudsman Service.

Am I eligible?

Am I eligible?

New customers need to hold a minimum of £60,000 or currency equivalent in deposits and/or investments with us. All customers must be aged 18 or over.

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