HSBC Term Deposit
![HSBC Term Deposit](https://www.finder.com.au/niche-builder/5e97efc38570b.png)
- Interest rate 12 months interest rate
- Up to 5% p.a.
- Minimum opening deposit
- $5,000
- Account keeping fee
- $0
Summary
A HSBC term deposit offers the flexibility of being fully online, while earning bonus interest.
When you open an HSBC term deposit online, it rewards your account by increasing the interest rate by an extra 0.10% per annum (p.a.). With this type of high interest savings account, your money is locked into a fixed rate term, letting you to know exactly how much will be earned and giving you more incentive to reach that potential.
Pros
-
Available in both Australian dollars and selected foreign currencies
-
Earn a bonus when opening through Online and Internet banking
Cons
-
Minimum balance of AUD $5,000
Details
Key details
Product Name | HSBC Term Deposit |
3 month interest rate | 4.00% |
4 month interest rate | 3.75% |
6 month interest rate | 4.40% |
7 month interest rate | 4.00% |
9 month interest rate | 4.50% |
12 month interest rate | 5.00% |
24 month interest rate | 4.10% |
36 month interest rate | 4.00% |
48 month interest rate | 4.00% |
60 month interest rate | 4.00% |
Minimum Opening Deposit | $5,000 |
Minimum age requirement | 18 |
Government guarantee | Yes |
Eligibility
Minimum Age Requirement | 18 |
Joint account availability | Yes |
Min Deposit | $5,000 |
Available to children | Not available for children |
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Congratulations, HSBC!
HSBC received the highly commended award for 'Banking and Payments Innovation' in the 2023 Innovation Awards.
Full list of 2023 winnersCompare other savings accounts
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