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Serious Saver Account

Make more from your money

Why choose a Serious Saver account?

The HSBC Serious Saver Account is an online savings account with a great 4 month introductory variable interest rate and must be linked to your nominated transaction account to enable you to move money in and out.
  • No minimum or ongoing balance required
  • An account that encourages you to save
Other fees and charges may apply. See our Personal Banking Booklet (pdf 1.5MB).

Rates & Fees:

  • $0 Monthly account fee
  • 0.90% p.a. 4 Month Introductory Variable Rate1
  • 0.05% p.a. Ongoing Variable Rate
  • Applies to balances up to $1 million only
  • Introductory offer will be applied to the first Serious Saver account opened with HSBC or if the previous Serious Saver account was closed more than 12 months ago

Features & Benefits

Build your savings

  • Build towards your savings goals with a great 4 month introductory interest rate
  • Arrange for direct deposits straight into your Serious Saver account to build your savings balance
  • Earn bonus interest3 on the ongoing variable rate when you qualify for Everyday Extras2 with your Everyday Global Account.

Account Access

  • Online, Branch and Mobile Banking
  • 24 hours a day, 7 days a week Phone Banking
  • Instant transfers if your linked account is with HSBC Australia should you need to access your savings

Statements

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
 $0
Charges for transfers to your linked account via Phone, Mobile or Online Banking
 $0

Fees apply for other account services. Please refer to Transaction and Savings Accounts Terms (PDF, 1.10 MB), and Personal Banking Booklet (PDF, 1.50 MB) for full details.

Interest Rates

Interest rates for the Serious Saver Account
Rate Type Details
4 Month Introductory Variable Rate 0.90% p.a.1
Ongoing Variable Rate 0.05% p.a.
Introductory offer is available from 
 21 August 2018
Rates current as at
 30 November 2020

1 Introductory offer will be applied to your first Serious Saver account opened with HSBC or if your previous Serious Saver account was closed more than 12 months ago. After the introductory period, the ongoing standard variable interest rate applies. No interest is payable for balances over $1,000,000. Maximum one Serious Saver Account per customer at any one time. Rates are current as at 30 November 2020. Both introductory and standard rate are variable and are subject to change at any time. HSBC Serious Saver applicants must be aged 18+.

Apply for a Serious Saver account

Already an HSBC customer?

Apply using the Mobile Banking App or Online Banking.

Not registered for Online Banking? Register now.

Apply by phone or branch 

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Terms & Conditions 

  1. Introductory offer will only be applied to your first Serious Saver account opened with HSBC or if your previous Serious Saver account was closed more than 12 months ago. After the introductory period, the ongoing standard variable interest rate applies. No interest is payable for balances over $1,000,000. Maximum one Serious Saver Account per customer at any one time. Rates are current as at 30 November 2020. Both introductory and standard rate are variable and are subject to change at any time. HSBC Serious Saver applicants must be aged 18+.
  2. You will be eligible for Everyday Extras if you deposit at least AUD2,000 into your HSBC Everyday Global Account before the last working day of each calendar month. For more information refer to the Transaction and Savings Accounts Terms.
  3. 0.4% bonus interest is payable above the annual ongoing variable rate on an HSBC Serious Saver balance of up to $1,000,000. Interest is calculated daily and paid monthly. 

Other banking services fees and charges may apply. Please refer to the Personal Banking Booklet (PDF, 1.50 MB). This advertisement provides general advice only and doesn't take into account your objectives, financial situation or needs. Consider the Personal Banking Booklet (PDF,1.5MB), Transaction and Savings Accounts Terms (PDF, 1.10 MB) and Financial Services Guide (PDF, 906 KB) before acquiring this product, available by calling 1300 308 008, at your local branch or www.hsbc.com.au. Issued by HSBC Bank Australia Limited ABN 48 006 434 162. AFSL 232595.