Reinvest Your Savings Booster

Reinvest your Savings Booster

Renew your Savings Booster account with us and we’ll give you another preferential rate, fixed for the next 6 or 12 months.

How to find out your preferential rate

For Savings Booster accounts in GBP and USD only, we’re offering the highest rate available for a 6 or 12 month Fixed Term Deposit, normally reserved for balances over GBP/USD 500,000. To get our latest rates, you'll need to use our interest rates tool and follow the instructions listed below.

These rates are indicative and for reference only. They are not guaranteed and may be subject to change. Your funds will be re-invested at the live rate on the day of maturity.

How to use the interest rate tool

Open our interest rates tool
Go to 'Choose currency' and select Sterling or USD dollar
View the Fixed Term Deposit (6 Months) or Fixed Term Deposit (1 year) for HSBC Premier
Check the interest rate displayed in the £500,000+ or $500,000+ column. This is the preferential rate available to you
Decide the term you want and complete our online form with your details

Note: you'll need your existing Savings Booster account number to complete the online form.

Apply today

Fill out the form below and we'll complete your reinvestment instructions within 5 working days. This offer is not available through online or mobile banking.

You'll need to include your Savings Booster account number when completing the form.

Apply now This link will open in a new window

Need help with your application? Call us on +44 1534 616 313 or speak to us through live chat.

Frequently asked questions

Before your account matures, the Savings Account booster number can be found in online or mobile banking (see instructions below). If it's already matured, you can find the account number on your composite statement.

Mobile banking

Log on to mobile banking
View statements and documents
Select a relevant statement (remember you’ll have separate statements for sole and joint accounts)
Your Savings Booster accounts will be listed under Fixed Deposits

Online banking

Log on to online banking
Select 'Statements' on the main page
Select 'composite statement' in the dropdown (remember you’ll have separate statements for sole and joint accounts)
Choose the relevant month
Download and open the statement
Your Savings Booster accounts will be listed under Fixed Deposits

If you're having trouble finding it, you can call your Relationship Manager or our contact centre and we can assist you in finding your number.

The money from your Savings Booster account, and any interest earned, will be returned to the account from which you made the initial deposit.

For this offer, you can reinvest either the principal only or the principal and interest. If you would like to reinvest any other amounts or would like to explore other options, please contact us.

Yes. This offer is available up to 30 calendar days following the maturity date of your account and you can continue to apply using the Savings Booster Reinvestment form. If 30 calendar days have passed, you can reinvest your funds into a new Fixed Term Deposit from a selection of rates and terms we offer. The quickest way to open a Fixed Term Deposit is in our mobile app. Go to Accounts, then 'Products & Services' and select 'Fixed Term Deposit’. Alternatively, you can apply via online banking or by calling us.

If you don't reinvest the money from your Savings Booster account, all of the money plus any interest earned will be returned to the account you made your initial deposit from.

This offer is for Savings Booster accounts in GBP and USD only. For accounts in HKD or EUR, once your account has matured you can reinvest your funds into a new Fixed Term Deposit from a selection of rates and terms we offer. The quickest way to open a Fixed Term Deposit is in our mobile app. Go to Accounts, then 'Products & Services' and select 'Fixed Term Deposit’. Alternatively, you can apply via online banking or by calling us.

Multi-currency savings accounts

Save in up to 19 currencies with our range of instant access and fixed-term savings accounts for expats.

Investments

However much you have to invest, we offer a range of investment options to suit expat needs.

Get financial advice

Need a helping hand? Our experts can help you find the right investment solutions to match your goals.

Additional information

If you don't reinvest, these terms and conditions will apply: 6 Month Deposit Offer - Terms and Conditions [PDF]

If you decide to reinvest, the following terms and conditions will apply: Our promises to each other - Personal Banking and Private Banking Terms and Conditions [PDF]

This offer may be withdrawn and rates may be subject to change.

Interest is paid gross without the deduction of tax. 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.

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. However, HSBC Expat is a participant in the Jersey Bank Depositors 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 www.gov.je/dcs, or on request.

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).

Give your savings another boost