HSBC Instant Access Savings Accounts

HSBC Instant Access Savings Accounts


If you are looking to open an account where you can access your money while still earning interest, you could be suited to an instant access savings account. Use the table below to compare some of the top instant access savings accounts available on the market right now:


Instant Access Savings Accounts Deals
ProviderAccountInterest Rate (AER)TermApply
1.00%Instant AccessMore Info >
  • Earn 1.00% AER Gross.
  • No penalties, fees or notice periods
  • Free unlimited payments and withdrawals
  • Deposit from £100
  • Interest paid monthly or annually
  • 7 day support
  • Covered by the French Depositor Compensation Scheme
  • Apply in minutes
  • Must be UK resident and aged 18 or older
0.75%Easy AccessMore Info >
  • 0.75% AER on balances up to £1 million
  • Reassurance – the variable interest rate is guaranteed to be at least 0.50% above Base Rate until 31 December 2017 
  • Save from £1000 - £1million
  • Monthly interest
  • Manage your account online
  • Unlimited withdrawals
  • Must be UK resident and aged 18 or over
  • New customers only
5.00%Current Account
Instant Access
More Info >
5.00%Current Account
Instant Access
More Info >
1.50%Current Account
Instant Access
More Info >

Gross is the interest you will receive before tax is deducted.

AER stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

Short Term Fixed Rate Bonds (0-2 years)
ProviderAccountInterest RateTermApply
1.00%Instant AccessApply Now >
  • Earn 1.00% AER Gross.
  • No penalties, fees or notice periods
  • Free unlimited payments and withdrawals
  • Deposit from £100
  • Interest paid monthly or annually
  • 7 day support
  • Covered by the French Depositor Compensation Scheme
  • Apply in minutes
  • Must be UK resident and aged 18 or older

About HSBC instant access savings accounts


HSBC instant access savings accounts come from one of the most well known and respected banking institutions in the UK, and offer a savings account that you can open with as little as £1 while having full access to your savings.

Choosing an HSBC instant access savings account


Instant access savings accounts that are available from HSBC include:

  • HSBC Online Bonus Saver – you can start saving from just £1 and manage your account online. What’s more, if you make no withdrawals during the month, you will earn bonus interest.
  • HSBC Flexible Saver – Instant access to your money, with management by phone, online or in branch, plus the option for paperless statements
  • HSBC Premier Savings – a specialist savings account for HSBC Premier customers which offers instant access and flexible payments as either a lump sum, regular payment or deposits as and when you like

HSBC instant access savings accounts offer just one option, and there is a lot of choice. Before you decide which is best for you, shop around and see what other kinds of deals are available - you can use our simple product comparison tables where we've selected our top choices from leading providers, to help you compare different accounts. 

About HSBC savings accounts


HSBC began life as the Hong Kong and Shanghai Banking Corporation in 1865. In 1990, HSBC Holdings was formed to facilitate the purchase of Midland Bank and create a presence for HSBC in England. As part of the purchase, HSBC moved its headquarters from Hong Kong to London, where HSBC became an official UK institution. Today, HSBC is the world's largest banking group and one of the largest companies in the world. The bank services customers across the globe, with a presence on nearly every continent and hundreds of countries worldwide.