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Online Savings Accounts

An everyday account to make life easier. With no monthly account keeping fees, high interest rates, great features and a range of fee-free banking options for easy everyday access, you'll wonder how you ever lived without it.

Apply for an Online Savings Account

Product Information

Your Online Savings Account is ideal for everyday banking

Fee-free banking options#

  • No monthly account keeping fee
  • Fee-free banking options within Australia
  • Unlimited free HSBC ATM transactions
  • Five free ATM transactions per month, at any bank ATM
  • Free BPAY®, EFTPOS and Bank@Post™
  • Free automated Telephone Banking and Internet Banking access

Great rates +

$0 - $4,999
$5,000 - $499,999
$500,000 and up
  • Interest calculated daily and paid monthly

Extra product features^

  • Cheque book option
  • Instant access to withdrawals

Things you should know

  • Applicants who are under the age of 18 are not eligible to open an Online Savings Account.
  • Non-Australian residents can apply by visiting their nearest branch. Applications cannot be processed online.
  • Minimum opening deposit of AUD2,000 - no minimum balance after opening your account
Apply online now in less than 10 minutes Apply online for the HSBC online savings account

Not what you are looking for?
Have a look at our other online accounts.

Find out moreDo you intend to conduct a foreign exchange transaction with HSBC?

# Other fees and charges apply.
Unlimited free transactions including the use of any HSBC ATM within Australia, EFTPOS, direct credits and debits, BPAY® , cash and cheque deposits, at Australia Post, Internet and Phone banking.
First 5 non HSBC ATM transactions per month are free and thereafter $2.00 per transaction.
+ Deposits up to A$4,999 attract an interest rate of . Deposits of between A$5,000 and A$499,999 attract . Deposits of A$500,000 or more attract . interest rate. Interest rates are effective  and are subject to change. Terms and conditions apply and are contained in the Product Disclosure Statement and is available upon application.
^ Cheque payments incur a fee of $1.00 per cheque.
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