HSBC High Interest Savings Account

Serious Saver is an HSBC High Interest Savings Account that lets you maximize your savings by linking to a nominated deposit account. With its high variable interest and monthly savings bonuses, it gives you the same rewards as a high-yielding account while keeping the convenience of a regular savings program.

How it works

The HSBC Serious Saver links to your existing deposit account, so you don't need to change banks to get into the program. If you do not make any withdrawals or close your account in a calendar month, you interest at the current Serious Saver rate. You start earning interest the day you make your first deposit, so you can be sure you're getting the most out of your money.

Serious Saver members get quarterly statements by mail, but you can also log on to your online account to view your transactions. You can also access your account via automated telephone banking.

Low fees, high rewards

There is no minimum initial deposit, maintaining balance, or account keeping fees on the HSBC Serious Saver. Interest is paid out monthly, which means if you earn consistently, you can earn interest on your interest!

Who can apply

The HSBC High Interest Savings Account is open to Australian citizens or permanent residents aged 16 or older. You must also have a valid email address and an Australian deposit account under the same name.