Important disclosure

HSBC Bank Australia Limited

Everyday Savings Account

Real Time Rating™

  • Intro offer rate
  • App banking
  • Online banking
  • Linked account required
Maximum rate

5.15%

p.a

intro 3 months then 3.30%

Base rate

3.30%

p.a

RateCity says

“A savings account with a generous interest rate offer from this global bank. The account does not charge ongoing fees and has no minimum balance requirements.”

Real Time Rating™
Tags
  • Intro offer rate
  • App banking
  • Online banking
  • Linked account required
Maximum rate

5.15%

p.a

intro 3 months then 3.30%

Base rate

3.30%

p.a

Pros and cons

For Everyday Savings Account

Benefits

  • Maximum interest rate ranked in the best 20% (conditions may apply)
  • Special intro rate
  • No ongoing account fees
  • No minimum balance

Drawbacks

  • Intro rate limited to 3 months
  • Only available with linked transaction account

HSBC Rate Savings account overview

For Everyday Savings Account

Account Details

Maximum rate

5.15%

p.a

intro 3 months then 3.30%

Minimum age restrictions

18

Base rate

3.30%

p.a

Maximum age restrictions

Maximum rate condition

Not applicable

Minimum opening deposit

$0

Interest calculation method

Whole Balance

Target Market Determination

Visit HSBC Bank Australia Limited to view Target Market Determination.

Features

Joint application available

Is online only

Methods of Access

Internet facility

ATM access

Phone facility

Eftpos facility

Branch access

App

App only

Fees

Eftpos fee

$0

ATM withdrawal fee

$0

Overseas eftpos fee

$0

Internet transaction fee

$0

Over the counter deposit fee

$0

Phone transaction fee

$0

Over the counter withdrawal fee

$0

Promoted savings accounts

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Westpac Life - 18 to 29 years old

Real Time Rating™
  • Bonus interest with conditions
  • App banking
  • Online banking
  • Linked account required

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*Make a deposit and make 5+ purchases on your Westpac Choice account each month

Maximum rate

5.20%*

p.a

Base rate

2.00%

p.a

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Savings Maximiser

Real Time Rating™
  • Bonus interest with conditions
  • App banking
  • Online banking
  • Linked account required

2024 Award Winner

*Deposit at least $1000, make 5+ card purchases and grow your account's balance

Maximum rate

5.50%*

p.a

Base rate

0.55%

p.a

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Gold Class

Real Time Rating™
  • App banking
  • Online banking
Maximum rate

1.65%

p.a

Base rate

1.65%

p.a

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Pension Plus

Real Time Rating™
  • App banking
  • Online banking
Maximum rate

3.20%

p.a

Base rate

3.20%

p.a