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Serious Saver Account

A savings account with a great interest rate Apply Today for a Serious Saver account

Why choose a Serious Saver account?

Serious Saver is a savings account that helps you resist the temptation to spend your savings by rewarding you with a great interest rate for every month1 you don't make a withdrawal.
  • No minimum or ongoing balance required
  • An account that encourages you to save

Rates & Fees:

  • $0 Monthly account fee
  • Market leading3 3.10% p.a. 4 Month Introductory Variable Rate2
  • 1.40% p.a. Ongoing Variable Rate

Ways to open:


Online, Branch, Phone

Features & Benefits

Build your savings

  • Earn interest every month1 you don't make a withdrawal
  • Arrange for direct deposits straight into your Serious Saver account to build your savings balance

Account Access

  • Online, Branch and Mobile Banking
  • 24 hours a day, 7 days a week Phone Banking
  • Deposit in Branch
  • Instant transfers if your linked account is with HSBC Australia should you need to access your savings (remember no interest is paid if you make a withdrawal during the month1)


You'll automatically receive a statement every 6 months or you can request monthly or quarterly statements.


Switch to e-Statements and e-Notifications for convenient access to your statements and account notifications via Online Banking. Switch to paperless today via Online Banking.


Rates and fees

Rates and fees for the Serious Saver account
Fee Type Fee Details
Monthly account fee
Charges for transfers to your linked account via Phone, Mobile or Online Banking (remember no interest is paid if you make a withdrawal during the month1)

Fees apply for other account services. Please refer to our current fees and charges guide (PDF, 184 KB) for full details.

Interest Rates

Interest rates for the Serious Saver Account
Rate Type Details
4 Month Introductory Variable Rate
3.10% p.a.2
Ongoing Variable Rate
1.40% p.a.
Introductory offer is available from 
21 August 2018
Rates current as at
12 November 2018

2 Introductory offer will only be applied to the first Serious Saver account opened with HSBC. After the introductory period the standard interest rate applies. No interest is payable for balances over $1,000,000. Maximum one Serious Saver Account per customer. Both introductory and standard rate subject to change at any time. HSBC Serious Saver applicants must be individuals aged 18+.

Interest is calculated daily and paid monthly 

No interest is paid for balances over $1,000,000 or if any withdrawals are made during the month1

Apply for a Serious Saver account

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Complete your application online today.

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Express apply in 2 easy steps. Simply logon to Online Banking, visit the ‘Products and Services’ tab and apply now.

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1 Generally, withdrawals made between the 28th of the month and 27th of the subsequent month (inclusive) will result in no interest being applied for that month. For example, withdrawals on 28th of December, may lead to no interest being applied for the month of January.

Using Finder as a reference, the market leading rate is based on comparing HSBC’s advertised rate against the average savings rate for comparable savings accounts, issued by 9 of the top savings accounts within Australia and is subject to change.

Other fees and charges (PDF, 184 KB) may apply. This advertisement provides general advice only and doesn't take into account your objectives, financial situation or needs. Consider the Product Disclosure Statement (PDS) and Financial Services Guide (FSG) (PDF, 487 KB) before acquiring this product, available by calling 1300 308 008, at your local branch or Issued by HSBC Bank Australia Limited ABN 48 006 434 162. AFSL 232595.