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Everyday Savings Account

A straightforward way to get your savings going.

Kickstart your savings

Be one step ahead and give your money a boost with the HSBC Everyday Savings Account. You’ll be on your way to success from day 1 with our interest rates. There’s also no minimum balance or monthly account fees. 

What you'll get with an HSBC Everyday Savings Account

Great interest rates

Get a 4.90% p.a. introductory variable rate for 3 months to boost your savings from day 1 and then continue to earn an ongoing variable rate.[@no-interest-payable]

Flexibility

Straightforward savings with no deposit conditions.

Zero monthly account fees

Save at your own pace, with no monthly account fees or minimum balance requirements.

Interest rates

Rates as of 10 March 2025 and are subject to change.
Rate Interest
3 month introductory variable rate 4.90% p.a.
Ongoing variable rate 2.75% p.a.
Rates as of 10 March 2025 and are subject to change.
Rate 3 month introductory variable rate
Interest 4.90% p.a.
Rate Ongoing variable rate
Interest 2.75% p.a.

See how much you'll save

With our Savings Goal Calculator, you can find out how much you can save based on the amount of money you save each month and your interest rate. You can also work out how long it'll take you to reach your savings goals. 

What you need to know

Are you eligible?

To apply for an HSBC Everyday Savings Account, you'll need to:

  • Be at least 18 years old
  • Have a passport or an Australian driver's licence
  • Have an Australian residential address

Good to know 

Ready to get started?

New to HSBC

If you've never banked with us before, you can apply online for an HSBC Everyday Savings Account in 5 easy steps. We recommend using the latest version of Chrome or Safari to do so.

Existing HSBC customer

If you already bank with us, you can apply via HSBC Online Banking.

Other ways to apply 

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Earn a fixed rate for a fixed term.
The account that rewards you when you save each month.

Important information

This advertisement provides general advice only and doesn't take into account your objectives, financial situations, or needs. Please check the Transaction and Savings Accounts Terms and Conditions (PDF, 1.9MB) and Financial Services Guide (PDF, 894KB) before you get this product. You can also get this information by calling us on 1300 308 008, visiting your local branch, or going to www.hsbc.com.au. Issued by HSBC Bank Australia Limited ABN 48 006 434 162. AFSL 232595. See Target Market Determinations for our products.