Saver Account

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Saver Account

Why choose our Saver Account?

The Saver Account gives you the flexibility to save in USD, EUR or GBP, while giving you easy access to your savings.

Choose from 3 currencies - GBP, USD and EUR.
Withdraw money when you need to, with no penalty.
Access your account anytime, anywhere with mobile and online banking.

Interest rates

Here's how much interest you could earn on your savings[@interestratesindicative].
Currency	Standard rate (AER/Gross)^{2Footnote link 2, aergrossinterest}
GBP	up to 1.05%
USD	up to 1.10%
EUR	up to 0.40%

Here's how much interest you could earn on your savings[@interestratesindicative].
Currency	GBP
Standard rate (AER/Gross)^{2Footnote link 2, aergrossinterest}	up to 1.05%

Currency	USD
Standard rate (AER/Gross)^{2Footnote link 2, aergrossinterest}	up to 1.10%

Currency	EUR
Standard rate (AER/Gross)^{2Footnote link 2, aergrossinterest}	up to 0.40%

Compare interest rates across our savings accounts This link will open in a new window

Things to know

Who can open the account?

To open a Saver Account, you'll need to:

have an HSBC Expat Bank Account
maintain a minimum balance of GBP 5,000, USD 5,000 or EUR 5,000 in your Saver Account

Interest is calculated daily and paid in to your account monthly.

No interest is payable if the balance falls below the minimum account opening balance.

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.

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).

Expat Personal Banking And Private Banking Terms Conditions (PDF, 715.5kB) Download

Ready to open?

Already with Expat?

To open a Saver Account, log on to online banking and follow the instructions. Not registered yet?

Open now a Saver Account

New to Expat?

You can open a Saver Account once you have opened an Expat Bank Account with us.

Explore our Expat Bank Account

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.

Why choose our Saver Account?

Interest rates

Things to know

Who can open the account?

How your interest is calculated

Understanding offshore savings accounts

Important documents

Ready to open?

Already with Expat?

New to Expat?

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Additional information

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Jersey Deposit Protection Scheme

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