This shows you what the gross rate would be if interest were paid and compounded each year. If the deposit is under £50,000, you can close the account early for a fee of 90 days' interest. The changes mean HSBC UK’s residential SVR will reduce from 3.69% to 3.54%. Contact Us. GROSS: The contractual rate of interest payable before the deduction of income tax at the rate specified by law. Once you've received your security details, you'll be able to apply for and manage your account online. The interest rate depends on the amount you deposit and the length of the term. Simply log on, go to Products & Services, select Fixed Rate Saver and then click ‘Reinvest’. For deposits of £50,000 or more, early withdrawals in full or in part are not permitted, For balances below £50,000 early withdrawal in full is possible subject to a fee of 90 days' gross interest, Available to HSBC Current Account or savings account customers. Deposits under £50,000: You can withdraw all of the money and close the product early, for a fee of 90 days interest. There is no cancellation period. King Street branch is open Monday to Friday for all non-cash essential services. initial deposit of £2,000, £50,000 or £250,000, no change to the interest rate during the fixed term, have an HSBC current account or savings account (excluding an ISA, Regular Savings Account or Basic Bank Account) which you must maintain for the duration of the fixed term, if you are aged between 7 years and 15 years you will need your application signed by a parent or guardian, you can open a sole account via your online banking, telephone banking or in your local branch, you can open a joint account via telephone banking or in your local branch, the Fixed Rate Saver funds will be transferred from a nominated account, please ensure that funds are available. Interest is charged on an incremental monthly basis. Anyone eligible to open a Fixed Rate Saver may also open an account in branch on behalf of a child, providing the child is at least seven years of age. Gross is the rate of interest if interest were paid and not compounded each year. Changes in the exchange rate may increase the sterling equivalent of your debt. If we receive your instructions after your account has matured, the rate you receive, will be the rate available on the day your instruction is received by us. The interest rate depends on the amount you deposit and the length of the term. The money is locked away for the whole of the term. Currently, mortgage interest rates available for a Guernsey mortgage are similar to those in the UK. The bank reported profits of 4.3 billion US dollars (£3.2 billion) in the half year to June 30, down from 12.4 … Set up savings for a child. Download the documents of all the rates, tariff and charges associated with our range of banking products and services. 3 Once a loan is taken, the rate is fixed for the duration of the loan. The Bank of England should carefully consider whether negative interest rates would have the outcomes hoped for, a senior HSBC bank executive … Deposit at least £25 a month. About Us; Report a problem; Follow us on. Rate cuts include lowering its standard variable rates (SVRs) by 0.15% alongside all on-sale and off-sale tracker rates reducing by 0.15%. Please read the important product information and check eligibility before you apply. You can manage the account via phone banking or in branch. Compare interest rates for offshore fixed term deposit accounts from major banks in the Channel Islands including Jersey and Guernsey. HSBC Bank plc, is registered in England and Wales number 14259. A savings account with a preferential rate for our Premier customers. ** Get in touch today. If you don't have an HSBC Premier Account, please see below for details about opening one. Find out the results from one of the largest global independent survey of expats. We can provide a mask if you don't have one, but you won’t be served if you refuse to wear one without a valid government exemption (visit gov.je for information). All rates are quoted per annum and are variable, unless otherwise indicated. You can save any amount from £2,000 for a fixed term of 6 months and 1 year. For savings accounts available to new and existing applicants: For Personal and Non-Personal clients of Barclays Bank PLC in London, Guernsey, Isle of Man and Jersey [PDF, 197KB] For Personal Clients of Barclays Bank PLC resident in Guernsey, Isle of Man and Jersey only [PDF, 196KB] For Non-Personal Clients of Barclays Bank Ireland PLC [PDF, 158KB] Available to HSBC Premier customers only. Five Oaks and St Brelade branches are closed temporarily. Fixed term of 1 year are available. Find out the results from one of the largest global independent survey of expats. If you have been financially impacted by the coronavirus, please visit our coronavirus guidance page for information on how we could help. Balance Rate Interest Rate HSBC Premier Standard Rate 0.05% AER/tax free Loyalty Rate 0.20% AER/tax free Other Current Accounts Standard Rate 0.05% AER/tax free Loyalty Rate 0.10% AER/tax free Interest is calculated daily and credited to the account monthly. Choose to save for a fixed term of 3 months, 6 months or 1 year. an HSBC Premier customer. Earn between 0.25% AER/gross and 0.40% AER/gross, depending on the term you choose. HSBC Expat products and services are available only in jurisdictions where and when they may be lawfully offered by us - and the material on these pages is not intended for use by persons located in or resident in jurisdictions which restrict the distribution of this material by us. You may also want to save them for future reference. Halkett Street branch is open for cash services only. Discover how HSBC Private banking provides business owners, principals and their families with the capabilities to grow, manage and preserve their wealth for the future. interest is calculated daily and credited either monthly or annually. 2 Effective Annual Rate – This takes account of the interest rate and how often interest is paid and does not include any fee or charges. This account is exclusively opened and managed online, Earn more interest in months when you don't make any withdrawals, Transfer funds in real time to or from your HSBC Premier Current Account. AER (Annual Equivalent Rate): This is a notional rate which illustrates what the gross rate would be if interest were paid and compounded each year. Simply log on, go to Products & Services and select Apply for a Savings account. Anyone eligible to open a Fixed Rate Saver may also open an account in branch on behalf of a child, providing the child is at least seven years of age. Please note rates are subject to change, so if you do instruct us to reinvest before maturity, the actual rate you receive will be the rate applicable on the day of maturity, not the rate applicable on the date you submitted your instruction to reinvest. All customers visiting our Jersey branches are required to follow physical distancing measures by keeping at least 2 metres apart and to wear a face covering (visit gov.je for information). All customers are required to follow 2 meter physical distancing and wear a face covering. This shows you what the gross rate would be if interest were paid and compounded each year. Gross is the rate of interest if interest were paid and not compounded each year.. There is no cancellation period with this account. Gain a unique insight into how expat life differs across the globe. Please refer to your mobile network tariff for any charges. AER stands for Annual Equivalent Rate. As the rate is fixed in advance, you know exactly how much interest you will earn by the end of the term. reserves the right to change the interest rates at any time without prior notice. AER stands for Annual Equivalent Rate. Gross is the rate of interest if interest were paid and not compounded each year. Find the answers and while you're at it, tell us how we could do better. How to reinvest in a Fixed Rate Saver Bond. If you have been financially impacted by the coronavirus, please visit our coronavirus guidance page for information on how we could help. 1 Interest rates are set on the basis of our assessment of your financial status. Our current standard variable rate for residential mortgages (which is referred to either as the HSBC Variable Rate or the HSBC Standard Variable Rate) is 3.54% and for Buy to Let mortgages (which is referred to as either the HSBC Buy to Let Variable Rate or as the HSBC Standard Variable Buy to Let Rate) is 4.60%, effective from 1st April 2020. largemortgageloans.com is a trading name of Largemortgageloans.com Ltd, Aegon House, Ground Floor Suite, 13 Lanark Square, London, E14 9QD which is authorised and regulated by the Financial Conduct Authority. Find the highest equivalent time deposit, fixed bond and term deposit rates from Channel Islands, UK/Europe and around the world. Save up to £3,000 at a fixed rate of interest for 12 months. once opened you can view your balance via online banking. AER stands for Annual Equivalent Rate.This shows you what the gross rate would be if interest were paid and compounded each year. 4 Annual Interest Rate. Make your money work hard for you and know exactly what you’ll get. Although we cover a range of products that we update periodically, please confirm the precise terms and interest rates of the product with the relevant bank. Simply contact your Premier Relationship Manager or call our contact centre on: You can apply for this account by visiting one of our branches. They range from a little above 1.5% to around the 5% mark. We do not deduct tax from any interest paid to you. Tax-free means free from UK Income Tax and Capital Gains Tax.. ISA stands for Individual Savings Account.. All rates are variable unless otherwise indicated. Whether you're a parent, relative or friend, you can save for a child that's special to you. A range of savings accounts to meet your needs, Interest rates fixed and paid after 12 months. King Street branch is open Monday to Friday for all non-cash essential services. Interest rates fixed and paid monthly, annually or on maturity depending on the term. (1) Loan rates are higher by 0,05% in case the car insurance is not made via the HSBC … If you were moving abroad, what would you want to know? Your rate is fixed for the deposit term. HSBC Bank International Ltd - Guernsey an international bank or building society offering offshore banking services eg offshore savings accounts for expats & seniors who want highest interest rates paid tax free. Find out more about HSBC Online Bonus Saver, Find out more about HSBC Fixed Rate Saver, Our website doesn't support your browser so please upgrade, Get your questions answered, we're here to help, Find your nearest branch, we hope to see you soon, Get card services information and support, Careers, media, investor and corporate information, able to operate the account solely online through Online Banking. Interest rate and APRC: 4.99% Interest rate 5.3% APRC* Processing Fees - €40. To be eligible for the Online Bonus Saver account you need to be: To open an HSBC Flexible Saver account, you need to be: To open an HSBC Premier Savings account, you just need to be: Depending on amount invested and term chosen. Which rate you can secure depends on a number of details, many of which are personal to you. Gain a unique insight into how expat life differs across the globe. For Guernsey, Jersey and Isle of Man residents, we offer a range of competitive mortgages to help you buy a property locally. The interest rates on Bridging Finance from HSBC vary depending on the amount you borrow, the term of the loan agreement and promotional offers HSBC have from time to time. Registered office 8 Canada Square, London, E14 5HQ. Before applying, please take the time to read the following documents. The interest is paid directly into your HSBC current or savings account - the same one you used to pay in your initial deposit. If you have been financially impacted by the coronavirus, please visit our coronavirus guidance page for information on how we could help. Find out more about how our savings accounts can help you reach your goals: Save up to £3,000 at a fixed rate of interest for 12 months. If you were moving abroad, what would you want to know? Find the answers and while you're at it, tell us how we could do better. AER stands for Annual Equivalent Rate. We offer tiered rates of interest depending on deposit and term. Know how much you’ll earn right from the start. At the end of the fixed rate period your account will be closed and your funds and interest paid into the account they came from unless you have asked us to reinvest some/all of your funds. If you were moving abroad, what would you want to know? From outside the UK, Channel Islands or Isle of Man, call +44 1470 697139. Your eligible deposits with HSBC Bank plc are protected up to the limit of your local Compensation Scheme. We’ll write to you to confirm the interest rate and maturity date within 2 working days of the reinvestment. Please only visit our branches if your need is critical and you’re unable to do what you need to using our telephone, online or mobile banking services. Our website doesn't support your browser so please upgrade. Get a great interest rate. Interest Rates (PDF, 410KB) HSBC Tariff and Charges (PDF, 10MB) Foreign Exchange Board Rates (PDF, 125KB) if you choose monthly interest, we'll pay interest on the monthly anniversary of your account being opened. You may have to pay an early repayment charge to your existing lender if you remortgage. Lines are open 8am to 10pm every day (except Christmas Day, Boxing Day and New Year's Day). Money is deposited for a fixed term. We can provide a mask if you don't have one, but you won’t be served if you refuse to wear one without a valid government exemption (visit gov.je for information). Calls to 0800 numbers are chargeable from most mobile operators. HSBC Current Account customers can book an appointment to apply in branch by calling  03456 00 61 61. Please only visit our branches if your need is critical and you’re unable to do what you need to using our telephone, online or mobile banking services. Our website doesn't support your browser so please upgrade. Once your account is open, you can manage it in branch and online. Information correct as at 19 November 2020. We have 3 ways for you to choose from – online, telephone or branch. If you choose annual interest, we'll pay it on the anniversary of your account being opened. For the purpose of these calculations, it is assumed: Deposits of £50,000 or over: You can't close the product or withdraw any money until the end of your fixed rate period. If you don't have an HSBC current account, call us to open the Flexible Saver or to make an appointment in your local branch. Gain a unique insight into how expat life differs across the globe. Lloyds Banking Group has appointed the head of HSBC’s high street banking division as its next chief executive. You can apply to reinvest your Fixed Rate Saver up to 90 days before and 90 days after the maturity date, and keep the same account number. HSBC Bank A.Ş. The estimated balance at the end of the term based on a range of deposits would be as follows: We're here to help you. Gross is the rate of interest if interest were paid and not compounded each year.. Interest for the calendar months you don't make a withdrawal, For any calendar month during which you make a withdrawal. HSBC Channel Islands and Isle of Man Mortgage Rates ... interest rate Initial interest rate period Followed by a Variable Rate, currently Booking fee Overall cost for comparison (APR) 2 Year Tracker Standard 1.44% 2 Years 4.6% £1,999 4.3 APR 2 Year Tracker Standard If you already have an HSBC current or savings account, you can register for online banking. You can deposit anything from £2,000. You choose a deposit term for your Fixed Rate Saver. Choose a term, deposit a minimum of £2,000 into your Fixed Rate Saver and earn interest at a great fixed rate. HSBC has suffered a 65% drop in pre-tax profit in the first half of the year as Europe’s largest bank was struck by a dive in interest rates and coronavirus disruption. We're here to help you. You’ll just need to bring some identification and proof of your address. The interest is paid directly into your HSBC current or savings account - the same one you used to pay in your initial deposit. 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