What you'd earn in a year
If you save
- Interest at 3.75% AER
- £188.00
- About
- £188.00
Before tax: about £188 a year on £5,000. Information only, not a recommendation.
Is my money safe?
FSCS protected: up to £120,000 per person, per banking licence.
This account is on the HSBC UK Bank plc licence, which also covers first direct. Money with these brands shares one protection limit.
Legal name: HSBC UK Bank plc.
Check protection on the FSCS website ↗ (opens in a new tab)Key facts
Money in and out
- Minimum deposit
- £10
- Maximum
- No maximum
- Withdrawals
- Unlimited withdrawals
- Manage
- Online
Interest
- Rate
- 3.75% AER variable
- Gross rate
- 3.69%
- Interest paid
- Monthly
Source: hsbc.co.uk · Last verified 17 Oct 2026, 09:38 UK time
Rate history
We started tracking this account on 14 Oct 2026. Further changes will show here.
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