Fixed Term Deposit offer

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Fixed Term Deposit offer

Open a 6 or 12 month Fixed Term Deposit today and get a limited-time interest rate

For a limited time, earn enhanced rates on our 6-month and 12-month Fixed Term Deposit accounts, offering better returns than our regular Fixed Term Deposits.

Choose a fixed term of 6 months or 12 months
Deposit from GBP, EUR, USD 75,000 or HKD 750,000
With a fixed rate of interest, you'll know exactly how much you're going to get

This offer is for invited customers only and is valid for 4 weeks from the date the offer email was received.

This offer is no longer available.

Things to know

Here's some more information to help you manage your account.

Charges apply if you make a withdrawal prior to the maturity of your Fixed Term Deposit
Interest is calculated daily and paid at maturity

Unless you tell us otherwise, your deposit will be automatically renewed for the same period, at the live rate on the day of reinvestment.

If you don’t want to renew for the same term, you can change your maturity instructions in online banking.

You can choose to:

Have the funds paid into an HSBC Expat current or savings account
Reinvest for a different term
Reinvest either some or all of your funds

If you want to change your instructions, you must tell us at least 2 days before your account matures.

If you want to pay your funds into an account of a different currency, we’ll complete a foreign exchange using the live rate on the day your account matures.

Your Expat accounts will be held in Jersey, Channel Islands, a secure offshore jurisdiction and one of the world's leading international finance centres, as recognised by the Organisation for Economic Cooperation and Development (OECD).

This offer is no longer available.

Frequently asked questions

Your new Term Deposit account will match the account holders of your nominated debiting account. For example, if you select a joint account as your debiting account, then we'll open your Term Deposit in joint names.

You can change what happens to your Fixed Term Deposit when it matures in online banking.

If you want to change your instructions, you must tell us at least 2 days before your account matures.

Fixed Term Deposits are designed to be held for the whole term, and you shouldn't plan to access your money during that time.

To withdraw your money at the end of the term, you need to nominate an HSBC Expat account in your maturity instructions. You can update this information in online banking, but we must receive any new instructions at least 2 days before your account matures.

If you need to access your funds before the end of the term, this can be arranged for a fee. You can view our latest fees in our Tariff of Charges. Be aware you may get back less money than you deposited if you close your Fixed Term Deposit account early. Partial withdrawals are not available.

Additional information

Jersey Deposit Protection Scheme

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.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.

Tax reporting

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.

AER (Annual Equivalent Rate)

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

The gross rate refers to the interest rate before the deduction of tax applicable to interest on savings accounts.

Open a 6 or 12 month Fixed Term Deposit today and get a limited-time interest rate

Things to know

Charges and interest rates

Account maturity

Understanding offshore savings accounts

Important documents

This offer is no longer available.

Frequently asked questions

How do I open the Limited Time Fixed Term Deposit account in joint names?

How do I change the maturity instructions on my Fixed Term Deposit?

How do I access the funds in my Fixed Term Deposit account?

Additional information

Disclaimers

Jersey Deposit Protection Scheme

Tax reporting

AER (Annual Equivalent Rate)

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