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Banking & Saving HSBC Savings Accounts

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 Review

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.

Features

Interest Rate:
5% AER
Minimum Balance:
$0
Monthly Fee:
$0

Account Description

HSBC Summer Sale!

There's no better time to move your everyday banking to HSBC. Take advantage of our Hot Summer Sale, featuring our Online Savings Account.

$0 monthly fee

5.00%p.a. interest on balances greater than $5,000 until 1 July 2010

No initial deposit required to open the account

Unlimited ATM transactions at almost 2,700 HSBC, Westpac, St.George and BankSA ^ branded ATMs nationally without incurring an ATM Operator Fee

Complimentary Online Security Device for maximum Internet Banking protection

Banking options within Australia at no charge including BPay®, HSBC branches, Bank@Post

Internet and Phone Banking access at no charge^

Sale ends 26 March

  • $0 monthly fee
  • 5.00%p.a. interest on balances greater than $5,000 until 1 July 2010
  • No initial deposit required to open the account
  • Unlimited ATM transactions at almost 2,700 HSBC, Westpac, St.George and BankSA ^ branded ATMs nationally without incurring an ATM Operator Fee
  • Complimentary Online Security Device for maximum Internet Banking protection
  • Banking options within Australia at no charge including BPay®, HSBC branches, Bank@Post
  • Internet and Phone Banking access at no charge
  • Sale ends 26 March

Transaction Fees

Earn 5.00%p.a. (until 1st July 2010) for every month you don't make a withdrawal. No min balance.

Features

Interest Rate:
5% AER
Minimum Balance:
$0
Monthly Fee:
$0

Account Description

Whatever your savings goals, HSBC's Serious Saver can help you grow your

money with up to 5.00%p.a. (until 26th March 2010) so you can reach it sooner. Save your money for more important things with great features:

  • Earn 5.00%p.a until 1st July 2010 for new to HSBC funds in new Serious Saver accounts opened between 1st January 2010 and 26th March 2010.
  • $0 monthly account keeping fees
  • $0 minimum opening balance
  • No ongoing minimum balance required
  • Link to an existing HSBC account or any other Australian bank account
  • Serious Saver rate of 5.50% p.a.:
  • Is payable for every month you don't make a withdrawal
  • On amounts up to $1,000,000 only
  • The rate is as at 16 November 2009 and is subject to change based on Reserve Bank of Australia cash rate target movements
  • Applies until 15 March 2010 after which time the standard interest rate will apply (currently 3.75% p.a.)
  • The standard interest rate (currently 3.75% p.a.) applies to Serious Saver accounts opened before 7 September 2009 and after 29 December 2009. Standard Serious Saver terms and conditions apply.

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