Save in AUD and get 5.20% AER/Gross

Enjoy our boosted interest rate when you open a 6-month fixed term deposit with new funds. T&Cs apply.

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AUD Savings Booster

Give your savings a boost

Transfer new funds of AUD35,000 or more into a new fixed-term deposit, and you'll earn 5.20% AER/Gross for 6 months. T&Cs (PDF) apply.

Things to know

About the offer

Rate is AER/Gross and fixed for 6 months
Interest will be calculated daily and paid at maturity
Offer only applies to new funds brought in from outside HSBC Expat during the offer period
The new funds must increase your AUD balance with HSBC Expat by at least AUD35,000, when compared to your total AUD balances before the offer period
You can open multiple accounts, it doesn’t matter if you already hold a Savings Booster or fixed term deposit account
You will be charged for early withdrawals

About HSBC Expat

Whether you're living abroad, or have other international banking needs, our Expat Bank Account is your passport to better global banking.

An expat account can be an effective way to save, invest and manage money while you're abroad. Also known as an offshore account, international account or non-resident account, your expat account helps your money grow in a convenient, regulated, central location.

Who can apply?

To take advantage of this offer, you must be:

An HSBC Expat customer
18 years or older
Living in an eligible country or region

AUD Term Deposit Offer - Terms and Conditions (PDF) Download

Frequently asked questions

Yes – if you already hold an instant access account in joint names then you can ask for your fixed term deposit to be opened joint names too.

Yes, you can hold more than one fixed-term deposit. The maximum balance across all your accounts is AUD1,000,000.

No, once your account is opened the rate will stay the same for the duration of your fixed term. We may change the rate available for new accounts during the offer period.

To recieve the offer rate, your account must be funded with new money brought in from outside HSBC Expat. You can move money from a non-HSBC account, or an HSBC account in another country or territory.

The funds must also represent an increase of at least AUD35,000 on your total AUD deposits with HSBC Expat when compared to the AUD balances before the offer period.

Your total AUD balance includes both sole and joint accounts.

The money from your fixed-term deposit, and any interest earned, will be returned to the account from which you made the initial deposit. We will send you a reminder shortly before your funds are due to mature.

You shouldn't plan to access your money during the 6-month term. You can withdraw the entire balance from your account during the term, but we'll charge you a fee of £50, or currency equivalent, and any accrued interest will no longer be paid.

Ready to apply?

Already with HSBC Expat?

Contact your Relationship Manager to book an appointment with our team.

Or make an appointment by calling our contact centre:

+44 1534 616 313

Lines open all day, every day.

New to HSBC Expat?

To take advantage of this offer, you need to have a bank account with us.

Explore Expat Bank Account

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Keep your savings at your fingertips with our easy-access, online-only savings account.

Quarterly Bonus Saver

An instant-access account with bonus interest payments.

Additional information

Issued by HSBC Expat which is a division of HSBC Bank plc, Jersey Branch: HSBC House, Esplanade, St. Helier, Jersey, JE1 1HS. HSBC Bank plc, Jersey Branch is regulated by the Jersey Financial Services Commission. HSBC Bank plc is registered and incorporated in England and Wales with limited liability, number 14259. Registered office 8 Canada Square, London, E14 5HQ. HSBC Bank plc, Hong Kong Branch, is licensed by the Hong Kong Monetary Authority as an authorised institution and registered with the Securities and Futures Commission to conduct Type 1 (dealing in securities) and Type 4 (advising on securities) regulated activities under the Securities and Futures Ordinance (central entity number: AFJ824).

HSBC Expat is a participant in the Jersey Bank Depositors Compensation Scheme. The Scheme aims to provide protection for eligible depositors of up to £50,000. For further information please visit www.jrdca.org.je/jdcs. Deposits made with HSBC Expat are not protected by the rules made under the UK's Financial Services and Markets Act 2000 for the protection of retail clients, including the UK Financial Services Compensation Scheme and the UK's Financial Ombudsman Service. Deposits made with our office in Jersey are not protected deposits under the Hong Kong Deposit Protection Scheme and are not protected by such scheme.

You should be aware of the potential risk of saving in a currency which is not your base currency and the effect any change in exchange rates may have, be it up or down, if converting your returns back to your base currency.

Save in AUD and get 5.20% AER/Gross

Give your savings a boost

Things to know

About the offer

About HSBC Expat

Who can apply?

Important documents

Frequently asked questions

Can I open a joint account?

Can I hold more than one fixed term deposit account?

Can HSBC change the interest rate on my fixed-term deposit?

Are there restrictions on the money I can use to fund my fixed-term deposit?

What happens to my account after it matures?

Can I access the money in my fixed-term deposit?