Interest Rates
For additional information, download our Banking Terms and Conditions
Current Plus Account (GBP)
Available Currencies
- Current Plus Account (GBP) - Instant Access
What is the current interest rate?
- Effective from 22nd September 2022
| Balance | Gross per year % | AER % |
|---|---|---|
| 0+ | 0.00 | 0.00 |
- Interest is accrued daily on the daily net value dated balance and applied monthly.
Corporate Deposit Account
Available Currencies
- Corporate Deposit Account GBP – Instant Access
What is the current interest rate?
- GBP - Effective from 07 Apr 2025
| Balance | Gross per year % | AER % |
|---|---|---|
| 0+ | 2.50 | 2.53 |
| 250,000+ | 1.65 | 1.66 |
| 5,000,000+ | 1.75 | 1.76 |
- Interest is accrued daily on the daily net value dated balance and applied monthly.
Foreign Currency Current Account
Available Currencies
- Foreign Currency Account (AUD, CAD, CHF, CNY, DKK, EUR, HKD, ILS, JPY, NOK, NZD, SEK, SGD, USD, ZAR) – Instant Access
What is the current interest rate?
- USD - Effective from 1 June 2022
| Balance | Gross per year % | AER % |
|---|---|---|
| 0+ | 0.00 | 0.00 |
- EUR - Effective from 27 July 2022
| Balance | Gross per year % | AER % |
|---|---|---|
| 0+ | 0.00 | 0.00 |
| 30,000,000+ | 0.00 | 0.00 |
- AUD - Effective from 1 June 2022
| Balance | Gross per year % | AER % |
|---|---|---|
| 0+ | 0.00 | 0.00 |
- CAD - Effective from 1 June 2022
| Balance | Gross per year % | AER % |
|---|---|---|
| 0+ | 0.00 | 0.00 |
- CHF - Effective from 1 June 2022
| Balance | Gross per year % | AER % |
|---|---|---|
| 0+ | 0.00 | 0.00 |
| 10,000,000+ | -1.00 | -1.00 |
- CNY - Effective from 1 June 2022
| Balance | Gross per year % | AER % |
|---|---|---|
| 0+ | 0.00 | 0.00 |
- DKK - Effective from 1 June 2022
| Balance | Gross per year % | AER % |
|---|---|---|
| 0+ | 0.00 | 0.00 |
| 75,000,000+ | -0.70 | -0.70 |
- HKD - Effective from 1 June 2022
| Balance | Gross per year % | AER % |
|---|---|---|
| 0+ | 0.00 | 0.00 |
- ILS - Effective from 1 June 2022
| Balance | Gross per year % | AER % |
|---|---|---|
| 0+ | 0.00 | 0.00 |
- JPY - Effective from 1 June 2022
| Balance | Gross per year % | AER % |
|---|---|---|
| 0+ | 0.00 | 0.00 |
| 1,000,000,000+ | -0.10 | -0.10 |
- NOK - Effective from 1 June 2022
| Balance | Gross per year % | AER % |
|---|---|---|
| 0+ | 0.00 | 0.00 |
- NZD - Effective from 1 June 2022
| Balance | Gross per year % | AER % |
|---|---|---|
| 0+ | 0.00 | 0.00 |
- SEK - Effective from 1 June 2022
| Balance | Gross per year % | AER % |
|---|---|---|
| 0+ | 0.00 | 0.00 |
- SGD - Effective from 1 June 2022
| Balance | Gross per year % | AER % |
|---|---|---|
| 0+ | 0.00 | 0.00 |
- ZAR - Effective from 1 June 2022
| Balance | Gross per year % | AER % |
|---|---|---|
| 0+ | 0.00 | 0.00 |
- Interest is accrued daily on the daily net value dated balance and applied monthly. A Deposit Interest Charge will apply where you hold credit balances greater than the thresholds outlined above. If you hold balances greater than the threshold shown, the Deposit Interest Charge will apply to the portion of the balance that you hold above the threshold.
Foreign Currency Savings Account
Available Currencies
- Foreign Currency Savings Account (EUR, USD) – Instant Access
What is the current interest rate?
- USD - Effective from 19 Feb 2025
| Balance | Gross per year % | AER % |
|---|---|---|
| 0+ | 2.05 | 2.07 |
| 250,000+ | 1.40 | 1.41 |
| 5,000,000+ | 1.50 | 1.51 |
- EUR - Effective from 07 Apr 2025
| Balance | Gross per year % | AER % |
|---|---|---|
| 0+ | 0.90 | 0.90 |
| 5,000,000+ | 0.95 | 0.95 |
Client Monies Account (GBP)
Available Currencies
- Client Monies Account (GBP) - Instant Access
What is the current interest rate?
- GBP – Effective from 22nd September 2022
| Balance | Gross per year % | AER % |
|---|---|---|
| 0+ | 0.00 | 0.00 |
- Interest is accrued daily on the daily net value dated balance and applied monthly.
Foreign Currency Client Monies Account
Available Currencies
- Foreign Currency Client Monies Account (AUD, CAD, CHF, CNY, DKK, EUR, HKD, ILS, JPY, NOK, NZD, SEK, SGD, USD, ZAR) – Instant Access
What is the current interest rate?
- USD - Effective from 1 June 2022
| Balance | Gross per year % | AER % |
|---|---|---|
| 0+ | 0.00 | 0.00 |
- EUR - Effective from 27 July 2022
| Balance | Gross per year % | AER % |
|---|---|---|
| 0+ | 0.00 | 0.00 |
| 30,000,000+ | 0.00 | 0.00 |
- AUD - Effective from 1 June 2022
| Balance | Gross per year % | AER % |
|---|---|---|
| 0+ | 0.00 | 0.00 |
- CAD - Effective from 1 June 2022
| Balance | Gross per year % | AER % |
|---|---|---|
| 0+ | 0.00 | 0.00 |
- CHF - Effective from 1 June 2022
| Balance | Gross per year % | AER % |
|---|---|---|
| 0+ | 0.00 | 0.00 |
| 10,000,000+ | -1.00 | -1.00 |
- CNY - Effective from 1 June 2022
| Balance | Gross per year % | AER % |
|---|---|---|
| 0+ | 0.00 | 0.00 |
- DKK - Effective from 1 June 2022
| Balance | Gross per year % | AER % |
|---|---|---|
| 0+ | 0.00 | 0.00 |
| 75,000,000+ | -0.70 | -0.70 |
- HKD - Effective from 1 June 2022
| Balance | Gross per year % | AER % |
|---|---|---|
| 0+ | 0.00 | 0.00 |
- ILS - Effective from 1 June 2022
| Balance | Gross per year % | AER % |
|---|---|---|
| 0+ | 0.00 | 0.00 |
- JPY - Effective from 1 June 2022
| Balance | Gross per year % | AER % |
|---|---|---|
| 0+ | 0.00 | 0.00 |
| 1,000,000,000+ | -0.10 | -0.10 |
- NOK - Effective from 1 June 2022
| Balance | Gross per year % | AER % |
|---|---|---|
| 0+ | 0.00 | 0.00 |
- NZD - Effective from 1 June 2022
| Balance | Gross per year % | AER % |
|---|---|---|
| 0+ | 0.00 | 0.00 |
- SEK - Effective from 1 June 2022
| Balance | Gross per year % | AER % |
|---|---|---|
| 0+ | 0.00 | 0.00 |
- SGD - Effective from 1 June 2022
| Balance | Gross per year % | AER % |
|---|---|---|
| 0+ | 0.00 | 0.00 |
- ZAR - Effective from 1 June 2022
| Balance | Gross per year % | AER % |
|---|---|---|
| 0+ | 0.00 | 0.00 |
- Interest is accrued daily on the daily net value dated balance and applied monthly. A Deposit Interest Charge will apply where you hold credit balances greater than the thresholds outlined above. If you hold balances greater than the threshold shown, the Deposit Interest Charge will apply to the portion of the balance that you hold above the threshold.
31 Day Business Notice Account
Available Currencies
- 31-Day Business Notice Account - Restricted Access
What is the current interest rate?
- GBP - Effective from 06 May 2025 onwards
| Balance | Gross per year % | AER % |
|---|---|---|
| 50,000+ | 4.05% | 4.13% |
- USD – Effective from 06 May 2025 onwards
| Balance | Gross per year % | AER % |
|---|---|---|
| 50,000+ | 3.93% | 4.00% |
- EUR – Effective from 06 May 2025 onwards
| Balance | Gross per year % | AER % |
|---|---|---|
| 50,000+ | 1.80% | 1.81% |
- As this is a tracker product, the interest rate will vary. Interest is accrued daily on the daily net value dated balance and applied monthly on the first working day of the following month.
3 Months Business Notice Account
Available Currencies
- 3 Months Business Notice Account - Restricted Access
What is the current interest rate?
- GBP - Effective from 06 May 2025 onwards
| Balance | Gross per year % | AER % |
|---|---|---|
| 50,000+ | 4.25% | 4.33% |
- USD – Effective from 06 May 2025 onwards
| Balance | Gross per year % | AER % |
|---|---|---|
| 50,000+ | 4.13% | 4.21% |
- EUR – Effective from 06 May 2025 onwards
| Balance | Gross per year % | AER % |
|---|---|---|
| 50,000+ | 2.00% | 2.02% |
- As this is a tracker product, the interest rate will vary. Interest is accrued daily on the daily net value dated balance and applied monthly on the first working day of the following month.
Fixed Term Deposit Account
Available Currencies
- Fixed Term Deposit Account – GBP, USD & EUR – Restricted Access
What is the current interest rate?
- Indicative on 23 April 2025
| Balance GBP | 1 Month Fixed Term | 2 Month Fixed Term | 3 Month Fixed Term | |||
|---|---|---|---|---|---|---|
| TD Rate | AER % | TD Rate | AER % | TD Rate | AER % | |
| GBP 50,000+ | 3.70% | 3.76% | 3.80% | 3.87% | 3.85% | 3.92% |
| GBP 5,000,000+ | 3.90% | 3.97% | 3.95% | 4.02% | 4.10% | 4.18% |
| Balance USD | 1 Month Fixed Term | 2 Month Fixed Term | 3 Month Fixed Term | |||
| TD Rate | AER % | TD Rate | AER % | TD Rate | AER % | |
| USD 50,000+ | 3.70% | 3.76% | 3.80% | 3.87% | 3.85% | 3.92% |
| USD 5,000,000+ | 3.90% | 3.97% | 3.95% | 4.02% | 4.10% | 4.18% |
| Balance EUR | 1 Month Fixed Term | 2 Month Fixed Term | 3 Month Fixed Term | |||
| TD Rate | AER % | TD Rate | AER % | TD Rate | AER % | |
| EUR 50,000+ | 1.45% | 1.46% | 1.55% | 1.56% | 1.60% | 1.61% |
| EUR 5,000,000+ | 1.65% | 1.66% | 1.70% | 1.71% | 1.85% | 1.87% |
- The above interest rates are an indication only, please contact your relationship manager for the latest rates prior to investing your deposit. Other terms are available on request. Interest is calculated daily from the date of your deposit and will be paid on the maturity date.
In accordance with the HSBC Innovation Bank UK Banking Terms and Conditions, if the relevant interest rate set out for your account is a negative rate or where we have notified you that a negative interest rate charge will apply to your non-interest bearing account, we reserve the right to charge interest on some of all of the credit balance of that account.
