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Quarterly Bonus Saver

An online only instant access account with bonus interest payments.

An online only account with bonus interest payments

Rates vary according to account balance


  • Earn bonus interest for each 'qualifying three month period'

    Bonus rates up to: GBP 1.29% AER/Gross, USD 1.63% AER/Gross.

  • Earn standard interest rates even if you make withdrawals

    Standard rates up to: GBP 0.40% AER/Gross, USD 0.65% AER/Gross.

  • Choose from Sterling and US dollar

    The Quarterly Bonus Saver is available in GBP or USD.

  • Easy online access

    Our online savings account gives you easy access to your money, and the ability to withdraw with no notice required.

Additional information

  • The minimum opening balance for this account is: £5,000 or US$5,000

Standard interest

  • Standard interest is calculated daily and paid monthly to your Quarterly Bonus Saver on the first working day of the next calendar month
  • Where the first day of the month is not a working day, the interest amount will include any interest accrued up to (but not including) the first working day of the month
  • No interest will be paid for any day when the balance is below the minimum balance requirements

Bonus interest

  • Bonus interest is paid for every three month period where your account meets certain criteria: a 'Qualifying Three Month Period'
  • Bonus interest is paid after each 'Qualifying Three Month Period' on the first working day of the following month
  • Bonus interest will accrue daily based on the daily closing balance of your account and be paid at the successful completion of each 'Qualifying Three Month Period'

Interest rates

Currency Standard rate (AER/Gross)
Bonus rate (AER/Gross)
GBP up to 0.40% up to 1.29%
USD up to 0.65% up to 1.63%

Interest rates

Currency GBP
Standard rate (AER/Gross)
up to 0.40%
Bonus rate (AER/Gross)
up to 1.29%
Currency USD
Standard rate (AER/Gross)
up to 0.65%
Bonus rate (AER/Gross)
up to 1.63%

Compare our range of savings accounts for expats by using our interest rates tool. Filter and sort to see interest rates in your chosen currency.


You must be an existing HSBC Expat customer and registered for online banking before you can apply for an Quarterly Bonus Saver Account.

You'll need to maintain a minimum balance of GBP 5,000 or USD 5,000 in your Quarterly Bonus Saver Account.

How to apply

I'm an existing HSBC Expat customer

Apply for a Quarterly Bonus Saver account via online banking. Once logged in, you will automatically be taken to the 'Open a new account' section.

I'm new to HSBC Expat

To apply you'll first need to become a customer of HSBC Expat, by applying for our Bank Account or any of our other savings accounts.

Understanding offshore savings accounts

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

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

Interest rates are quoted for indication purposes only and are subject to variation.

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.

Interest rates for this account may vary. If you are or become a Premier Customer, you qualify for preferential rates on the Quarterly Bonus Saver Account, subject to standard interest rates being more than 0%.

This product is not available in every country, please ensure your country of residence is up to date.

Jersey Depositor Protection Scheme

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.

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