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HSBC
Savings Accounts Review

Compare HSBC Savings Accounts Compare HSBC Savings Accounts – read our review and compare the features and benefits available from HSBC. Make an informed decision to find a Savings Account that suits you.

HSBC Savings accounts are designed to make your savings grow, so you can make the most of your money. With highly competitive standard interest rates accelerating your savings, you can be confident that your money is in the right place.

You can open an HSBC Savings account without having to pay any fees, plus there is no minimum opening or ongoing account balance so you have the freedom to save at a pace that suits you.

With HSBC savings accounts you have the ability to link to an HSBC Online Savings Account or a nominated account.

All HSBC Savings Accounts are covered by the Australian Government Deposit Guarantee, protecting individuals for deposits of up to $1 million per institution or bank.

Top 5 Savings Accounts products*

Provider
Account
Notice
Interest Paid
Min Bal
Apply
Rate includes a bonus 2.00% p.a. which is fixed for the first 3 months.
3.00%
Instant
Quarterly
$1
Earn 2.25% every month you make at least one deposit and no withdrawals.
2.25%
Instant
Quarterly
$1
Earn a competitive variable interest rate from the first dollar, calculated daily, paid monthly. No monthly account service fee. Free unlimited Online withdrawals.
0.25%
Instant
Monthly
$1

BankSA Investment Cash Account

BankSA
  • Earn a competitive variable interest rate on cash investments
  • Easy at call access in branches, ATMs, chequebook and online 24/7
  • Automate deposits like your salary, investment income, etc with direct credits
  • Perfect for Self Managed Super Funds (SMSFs) as a cash hub account, to keep SMSF cash separate from personal cash.

BankSA Maxi Saver

BankSA
  • Access your funds through your eligible working account in branch or 24/7 online, via mobile or phone banking.
  • No monthly service fees.
  • No minimum monthly balance or deposit required

BankSA Incentive Saver

BankSA
  • Earn bonus interest every month you make at least one deposit and no withdrawals
  • No account service fees
  • No minimum monthly balance required
  • Great for people saving towards a goal. Encourages you to save.

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