HSBC

HSBC is one of the largest banks in both the UK and the world. It’s listed on both the Hong Kong Stock Exchange and the London Stock Exchange. It’s also a member of the FTSE 100.  

HSBC stands for The Hongkong and Shanghai Banking Corporation. It was founded in 1865 in Hong Kong, which was then a British colony. HSBC is now the main subsidiary of HSBC Holdings, which was formed in 1991. 

HSBC offers a full range of banking products, including current accounts, savings accounts, personal loans, mortgages and credit cards. It also offers home and travel insurance, which are underwritten by Aviva, and its own life insurance product.

HSBC
Visit provider's website

We don't get paid for any links on our site.

Bank accounts

Ranked 26th of 30 providers reviewed.

Customer happiness score 55.45%
Customer trust score 51.61%
Complaints performance 59.29%
Transparency rating 77.58%
Fairer Finance score
Reviewed Autumn 2023
61%

Credit cards

Ranked 24th of 34 providers reviewed.

Customer happiness score 58.26%
Customer trust score 54.97%
Complaints performance 59.52%
Transparency rating 53.6%
Fairer Finance score
Reviewed Autumn 2023
57%
Gold ribbon: first place

Home emergency cover

Ranked 3rd of 35 providers reviewed.

Customer happiness score 65.57%
Customer trust score 70.49%
Complaints performance 68.13%
Transparency rating 68.17%
Fairer Finance score
Reviewed Autumn 2023
68%
Happiest customers
Most trusted
Best digital experience
Gold ribbon: first place

Home insurance (building and contents)

Ranked 19th of 46 providers reviewed.

Customer happiness score 64.06%
Customer trust score 61.04%
Complaints performance 72.7%
Transparency rating 65.41%
Fairer Finance score
Reviewed Autumn 2023
67%

Investing and pensions

Ranked 15th of 27 providers reviewed.

Customer happiness score 64.41%
Customer trust score 64.57%
Complaints performance 74.13%
Transparency rating 51.58%
Fairer Finance score
Reviewed Autumn 2023
64%

Life insurance

Ranked 18th of 24 providers reviewed.

Claims score 89.35%
Complaints performance 85.72%
Transparency rating 46.8%
Fairer Finance score
Reviewed Autumn 2023
74%

Mortgages

Ranked 16th of 23 providers reviewed.

Customer happiness score 56.22%
Customer trust score 51.52%
Complaints performance 77.7%
Transparency rating 54.24%
Fairer Finance score
Reviewed Autumn 2023
60%

Personal loans

Ranked 12th of 27 providers reviewed.

Customer happiness score 60.84%
Customer trust score 59.6%
Complaints performance 59.25%
Transparency rating 72.96%
Fairer Finance score
Reviewed Autumn 2023
63%

Savings Accounts

Ranked 39th of 53 providers reviewed.

Customer happiness score 50.73%
Customer trust score 56.62%
Complaints performance 59.25%
Transparency rating 78.44%
Fairer Finance score
Reviewed Autumn 2023
61%

Bank accounts

Basic bank accounts

HSBC

Basic Bank Account

4 stars
Cash withdrawal fee in UK (own bank) i £0.00
Annual fee i £0.00
Part of FSCS i
Bankers draft/cheque fee i Not available
Unpaid transaction fee i £0.00
Faster Payment limit i £25,000.00
Maximum cash machine withdrawal per day i £300.00
Can you use your card to pay for items overseas? i

Current accounts

HSBC

Advance Bank Account

2 stars
Annual fee i £0.00
Maximum cash machine withdrawal per day i £500.00
Part of FSCS i
Cash withdrawal fee in UK (own bank) i £0.00
Card payment fee (£) i £0.00
App capability? i

HSBC

Bank Account

2 stars
Annual fee i £0.00
Maximum cash machine withdrawal per day i £300.00
Part of FSCS i
Cash withdrawal fee in UK (own bank) i £0.00
Card payment fee (£) i £0.00
App capability? i

Foreign use bank accounts

HSBC

Advance Bank Account

1 stars
Foreign cash withdrawal fee i 2.75%
Foreign cash withdrawal additional charge i 2% (Minimum £1.75, Maximum £5)
Foreign purchases fee i 2.75%
Is there a limit on free cash withdrawals? i No free cash withdrawals

HSBC

Premier Bank Account

1 stars
Foreign cash withdrawal fee i 2.75%
Foreign cash withdrawal additional charge i £0.00
Foreign purchases fee i 2.75%
Is there a limit on free cash withdrawals? i No free cash withdrawals

HSBC

Bank Account

1 stars
Foreign cash withdrawal fee i 2.75%
Foreign cash withdrawal additional charge i 2% (Minimum £1.75, Maximum £5)
Foreign purchases fee i 2.75%
Is there a limit on free cash withdrawals? i No free cash withdrawals

HSBC

Student Bank Account

1 stars
Foreign cash withdrawal fee i 2.75%
Foreign cash withdrawal additional charge i 2% (Minimum £1.75, Maximum £5)
Foreign purchases fee i 2.75%
Is there a limit on free cash withdrawals? i No free cash withdrawals

HSBC

Graduate Bank Account

1 stars
Foreign cash withdrawal fee i 2.75%
Foreign cash withdrawal additional charge i 2% (Minimum £1.75, Maximum £5)
Foreign purchases fee i 2.75%
Is there a limit on free cash withdrawals? i No free cash withdrawals

HSBC

Basic Bank Account

1 stars
Foreign cash withdrawal fee i 2.75%
Foreign cash withdrawal additional charge i 2% (Minimum £1.75, Maximum £5)
Foreign purchases fee i 2.75%
Is there a limit on free cash withdrawals? i No free cash withdrawals

Overdrafts

HSBC

Premier Bank Account

5 stars
Risk based overdraft? i
Arranged overdraft interest free amount i £500.00
Arranged overdraft interest rate (representative EAR) i 39.9%

HSBC

Advance Bank Account

2 stars
Risk based overdraft? i
Arranged overdraft interest free amount i £25.00
Arranged overdraft interest rate (representative EAR) i 39.9%

HSBC

Bank Account

2 stars
Risk based overdraft? i
Arranged overdraft interest free amount i £25.00
Arranged overdraft interest rate (representative EAR) i 39.9%

Student bank accounts

HSBC

Graduate Bank Account

4 stars
Arranged overdraft limit i Subject to status
Tiered repayment of overdraft i
Switching / sign up incentive i

HSBC

Student Bank Account

4 stars
Arranged overdraft limit i £3,000.00
Tiered repayment of overdraft i
Switching / sign up incentive i

Business Credit Cards

Everyday Business Credit Cards

HSBC

Commercial Credit Card Visa

2 stars
Representative APR i 22%
Annual fee in first year i £32.00
Using card in Europe charge i 2.99%
Using card worldwide charge i 2.99%

Foreign Use Business Credit Cards

HSBC

Commercial Credit Card Visa

3 stars
Using card in Europe charge i 2.99%
Using card worldwide charge i 2.99%
Annual fee in first year i £32.00
Representative APR i 22%
Rewards i

Children's Accounts

Children's Bank Accounts

HSBC

MySavings

Minimum Age i 7
Interest Rate (AER) First Tier i 5%
Maximum Balance First Tier of Interest Covers i £3,000.00
Maximum Age i 17
Interest Rate (AER) Second Tier i 2%
Maximum Balance Second Tier of Interest Covers i 3001+
Interest Rate (AER) Third Tier i
Maximum Balance Third Tier of Interest Covers i
Maximum Cash Withdrawal i £100.00
Ability to freeze or report a card lost via app? i
Rewards i
Additional information i
Cash Transaction Fee i 0%
Cash Withdrawal Fee i £0.00
Card Delivery Fee i £0.00
Replacement Card Fee i £0.00
Foreign Cash Withdrawal Fee i 2.75% plus a fee of 2% (minimum £1.75, maximum £5)
Foreign Transaction Fee i 2.75%

Children's Savings Accounts

HSBC

MySavings

Account Type i Easy Access
Interest Rate (AER) i 5%
Minimum Opening Balance i £10.00
Maximum Balance i Unlimited
Notice Period i
Fixed Term Length i
Minimum Age to Open Account i 7
Maximum Age i 17
Withdrawal Penalty i For children under the age of 11, a signature from a parent or guardian is necessary for withdrawals of £50 or more.
Part of FSCS i
Sharia Account i
Additional Opening Criteria i
Additional Information i Reverts into Flexible Saver on child's 18th birthday.
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i

HSBC

HSBC Premier MySavings

Account Type i Easy Access
Interest Rate (AER) i 5%
Minimum Opening Balance i £10.00
Maximum Balance i Unlimited
Notice Period i
Fixed Term Length i
Minimum Age to Open Account i 7
Maximum Age i 17
Withdrawal Penalty i For children under the age of 11, a signature from a parent or guardian is necessary for withdrawals of £50 or more.
Part of FSCS i
Sharia Account i
Additional Opening Criteria i Only available to the children and grandchildren of HSBC Premier Customers
Additional Information i Reverts into Premier Family Savings on child's 18th birthday.
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i

Credit cards

0% balance transfer credit cards

HSBC

Balance Transfer Credit Card

3 stars
Duration of 0% balance transfer offer period i 27 months
Balance transfer fee during promotional period i 3.49%
Representative APR i 24.9%
Balance transfer rate during promotional period i 0%
Highest balance transfer fee during promotional period (%) i 3.49%
Representative balance transfer rate i 1.873%
Risk based? i

HSBC

Purchase Plus

3 stars
Duration of 0% balance transfer offer period i 16 months
Balance transfer fee during promotional period i 3.49%
Representative APR i 24.9%
Balance transfer rate during promotional period i 0%
Highest balance transfer fee during promotional period (%) i 3.49%
Representative balance transfer rate i 1.873%
Risk based? i

HSBC

Premier

3 stars
Duration of 0% balance transfer offer period i 18 months
Balance transfer fee during promotional period i 2.99%
Representative APR i 23.9%
Balance transfer rate during promotional period i 0%
Highest balance transfer fee during promotional period (%) i 2.99%
Representative balance transfer rate i 1.805%
Risk based? i

HSBC

Rewards

2 stars
Duration of 0% balance transfer offer period i 6 months
Balance transfer fee during promotional period i 2.99%
Representative APR i 23.9%
Balance transfer rate during promotional period i 0%
Highest balance transfer fee during promotional period (%) i 2.99%
Representative balance transfer rate i 1.805%
Risk based? i

0% purchase credit cards

HSBC

Purchase Plus

4 stars
Duration of purchases offer period i 18 months
Representative APR i 24.9%
Highest APR i 26.9%
Purchase rate during promotional period i 0%
Representative purchase rate i 1.873%
Number of days before interest is charged on purchases i 56 days
Risk based? i

HSBC

Premier

4 stars
Duration of purchases offer period i 9 months
Representative APR i 23.9%
Highest APR i 23.9%
Purchase rate during promotional period i 0%
Representative purchase rate i 1.805%
Number of days before interest is charged on purchases i 56 days
Risk based? i

HSBC

Rewards

4 stars
Duration of purchases offer period i 6 months
Representative APR i 23.9%
Highest APR i 26.9%
Purchase rate during promotional period i 0%
Representative purchase rate i 1.805%
Number of days before interest is charged on purchases i 56 days
Risk based? i

HSBC

Balance Transfer Credit Card

3 stars
Duration of purchases offer period i 3 months
Representative APR i 24.9%
Highest APR i 26.9%
Purchase rate during promotional period i 0%
Representative purchase rate i 1.873%
Number of days before interest is charged on purchases i 56 days
Risk based? i

Cashback and reward credit cards

HSBC

Premier World Elite

4 stars
Reward extras i Airport lounge access (LoungeKey programme), Free Wi-Fi (with iPass), 24/7 worldwide assistance, HSBC Premier Privileges (discounts and experiences)
Representative APR i 59.3%
Risk based? i
Annual fee in first year i £195.00
Annual fee after first year i £195.00
Foreign purchase fee i 2.99%

HSBC

Premier

1 stars
Reward extras i Extended warranty cover (2 years on selected household appliances), Airport lounge access for £20 (LoungeKey programme), 24/7 worldwide assistance, discounts and experiences available through HSBC Premier Privileges
Representative APR i 23.9%
Risk based? i
Annual fee in first year i £0.00
Annual fee after first year i £0.00
Foreign purchase fee i 2.99%

HSBC

Rewards

1 stars
Reward extras i
Representative APR i 23.9%
Risk based? i
Annual fee in first year i £0.00
Annual fee after first year i £0.00
Foreign purchase fee i 2.99%

Credit builder credit cards

HSBC

Classic

4 stars
Representative APR i 29.9%
Representative cash transaction interest rate i 2.592%
Representative purchase rate i 2.207%
Risk based? i
Initial minimum credit limit i £250.00
Statement Due Date Change Fee i £0.00
Representative balance transfer rate i 2.207%

Foreign use credit cards

HSBC

Balance Transfer Credit Card

1 stars
Foreign purchase fee i 2.99%
Foreign withdrawal fee i 2.99%
Representative APR i 24.9%
Number of days before interest is charged on non-sterling cash transactions i 0 days
Risk based? i
Representative purchase rate i 1.873%

HSBC

Purchase Plus

1 stars
Foreign purchase fee i 2.99%
Foreign withdrawal fee i 2.99%
Representative APR i 24.9%
Number of days before interest is charged on non-sterling cash transactions i 0 days
Risk based? i
Representative purchase rate i 1.873%

HSBC

Classic

1 stars
Foreign purchase fee i 2.99%
Foreign withdrawal fee i 2.99%
Representative APR i 29.9%
Number of days before interest is charged on non-sterling cash transactions i 0 days
Risk based? i
Representative purchase rate i 2.207%

HSBC

Premier

1 stars
Foreign purchase fee i 2.99%
Foreign withdrawal fee i 2.99%
Representative APR i 23.9%
Number of days before interest is charged on non-sterling cash transactions i 0 days
Risk based? i
Representative purchase rate i 1.805%

HSBC

Premier World Elite

1 stars
Foreign purchase fee i 2.99%
Foreign withdrawal fee i 2.99%
Representative APR i 59.3%
Number of days before interest is charged on non-sterling cash transactions i 0 days
Risk based? i
Representative purchase rate i 1.456%

HSBC

Rewards

1 stars
Foreign purchase fee i 2.99%
Foreign withdrawal fee i 2.99%
Representative APR i 23.9%
Number of days before interest is charged on non-sterling cash transactions i 0 days
Risk based? i
Representative purchase rate i 1.805%

Gadget insurance

HSBC

Select & Cover (Mobile Phone & Gadget Insurance)

3 stars
Accidental loss cover i
Mechanical breakdown cover i
Maximum single-item cover limit i £1,500.00
Type of product i Multi-Insurance Policy
Territorial limits restriction i
Accidental damage cover i
Mechanical breakdown cover replacement limit i £1,500.00
Theft Cover i
Theft replacement limit i £1,500.00
Malicious damage cover i
Unauthorised usage cover i £2,500.00
Unauthorised usage cover (E-wallet) i £0.00
Accessories cover limit i £0.00
How is the excess charged? i Standard excess applied to all gadgets and claim types
Lowest excess i £75.00
Liquid damage excess i £75.00
Theft & loss claims excess i £75.00
Accidental damage and breakdown claims excess i £75.00
Cancellation fee i £0.00
Arrangement fee i £0.00
Additional early claims excess i £0.00
Immediate cover with no additional excess in the first 30 days of the policy i TRUE
High end smartphones (>£1,000) minimum excess i £75.00
High end tablets (>£1,200) minimum excess i £75.00
High end laptops (>=£1,500) minimum excess i £75.00
High end MacBooks (>=£1,500) minimum excess i £75.00
Rapid replacement i
Pro-rata refund i
Claim under warranty i
Replacement claims limit per Item for accidental damage/mechanical failure i 4.00
Replacement claims limit per Item for theft or loss i 4.00
Replacement warranty i 12 Months
International cover limit (Days) i Unlimited
Universal gadget policy? i
Family cover i
Multi cover discounts i
Underwriter i Aviva Insurance Limited
Age of customer requirement i 18.00 years
No claims period i Immediate Cover
Refurbished device cover i
Second hand device cover i
Territorial limits restriction i No Territiorial Limits Mentioned
Maximum age of phones i 60 Months
Maximum age of gadgets eligible for cover i 60 Months
Smartphones i
Tablets i
Smart watches i
Game Consoles i
Headphones i
Cameras i
E-readers i
Sat-Navs i
MP3 Players i
MacBooks or Laptops

Home emergency cover

HSBC

Home Emergency

4 stars
Home Security Cover i
Home Emergency Cover limit i £1,000.00
Internal plumbing and drainage i
Primary Heating System i
Boiler breakdown cover
Annual boiler service i
Internal gas supply pipe cover i
Pest infestation cover i
Domestic Power supply covered? i
Cover Type i Add-On
Alternative Accommodation Cover i £1,000.00
Unoccupied period i 60
Claims limit i Unlimited

HSBC

Select And Cover Home Emergency

4 stars
Home Security Cover i
Home Emergency Cover limit i £1,000.00
Internal plumbing and drainage i
Primary Heating System i
Boiler breakdown cover
Annual boiler service i
Internal gas supply pipe cover i
Pest infestation cover i
Domestic Power supply covered? i
Cover Type i Add-On
Alternative Accommodation Cover i £1,000.00
Unoccupied period i 60
Claims limit i Unlimited

Home insurance (building and contents)

HSBC

Home Insurance

3 stars
Theft from outbuildings i £3,000.00
Coverage limit for cycles within the home i Sum insured
Matching sets (contents) i
Alternative accommodation cover limit for buildings i £80,000.00
Protection against inflation (Buildings)
Buildings cover limit i Unlimited
Trace and access i £5,000.00
Keys/locks if lost or stolen (Buildings) i £1,000.00
Contents cover limit i £50,000.00
Money in the home i £750.00
Visitor's possessions i £1,000.00
Office equipment i £5,000.00
Alternative accommodation cover limit for contents i £10,000.00
Escape of water excess (minimum) i £50.00
Cancellation fee within 14 days i £0.00
Cancellation fee after 14 days i £0.00
Contents compulsory excess i £200.00
Flood excess i £200.00
Property owner liability i £2,000,000.00
Liability to domestic employees i £10,000,000.00
Liability as a tenant i £15,000.00
Replace belongings new for old i

Buildings insurance

HSBC

Home Insurance

3 stars
Matching sets (Buildings) i
Escape of water excess (minimum) i £50.00
Buildings compulsory excess i £200.00
Escape of water excess i
Unoccupied period i 60.00 days
Helpline i
Cancellation fee after 14 days (buildings) i £0.00
Amendment fee (telephone) i £0.00
Property owner liability i £2,000,000.00

Contents insurance

HSBC

Home Insurance

3 stars
Matching sets (contents) i
Theft from outbuildings i £3,000.00
Windspeed (mph) i 55 mph
Property owner liability i £2,000,000.00

Investing and pensions

Fund and Share Accounts (for high frequency trading)

HSBC

Global Investment Centre

4 stars
Account closure fee £0.00
Charge for transferring investments to another platform i £0.00
Charge for automatic reinvestment
Charge for transferring cash to another platform £0.00
Early Account Closure Fee (12 months or less) £0.00
Inactivity Charge £0.00
Charge for selling holdings if not enough money in account to pay other charges £0.00
Same Day Payment Charge £0.00
Cost of receiving paper statements for a year £0.00
App available i
Charge for telephone/postal share dealing £0.00

HSBC

InvestDirect

3 stars
Account closure fee £0.00
Charge for transferring investments to another platform i £15 per holding
Charge for automatic reinvestment
Charge for transferring cash to another platform £0.00
Early Account Closure Fee (12 months or less) £0.00
Inactivity Charge £0.00
Charge for selling holdings if not enough money in account to pay other charges £0.00
Same Day Payment Charge £0.00
Cost of receiving paper statements for a year £0.00
App available i
Charge for telephone/postal share dealing £29.95

HSBC

InvestDirect Plus

3 stars
Account closure fee £0.00
Charge for transferring investments to another platform i £15 per holding
Charge for automatic reinvestment
Charge for transferring cash to another platform £0.00
Early Account Closure Fee (12 months or less) £0.00
Inactivity Charge £0.00
Charge for selling holdings if not enough money in account to pay other charges £0.00
Same Day Payment Charge £0.00
Cost of receiving paper statements for a year £0.00
App available i
Charge for telephone/postal share dealing £29.95

Fund and Share Accounts (for low frequency trading)

HSBC

Global Investment Centre

4 stars
Account closure fee £0.00
Charge for transferring investments to another platform i £0.00
Charge for automatic reinvestment
Charge for telephone/postal share dealing £0.00
App available i
Charge for transferring cash to another platform £0.00
Early Account Closure Fee (12 months or less) £0.00
Inactivity Charge £0.00
Charge for selling holdings if not enough money in account to pay other charges £0.00
Same Day Payment Charge £0.00
Cost of receiving paper statements for a year £0.00

HSBC

InvestDirect

3 stars
Account closure fee £0.00
Charge for transferring investments to another platform i £15 per holding
Charge for automatic reinvestment
Charge for telephone/postal share dealing £29.95
App available i
Charge for transferring cash to another platform £0.00
Early Account Closure Fee (12 months or less) £0.00
Inactivity Charge £0.00
Charge for selling holdings if not enough money in account to pay other charges £0.00
Same Day Payment Charge £0.00
Cost of receiving paper statements for a year £0.00

HSBC

InvestDirect Plus

3 stars
Account closure fee £0.00
Charge for transferring investments to another platform i £15 per holding
Charge for automatic reinvestment
Charge for telephone/postal share dealing £29.95
App available i
Charge for transferring cash to another platform £0.00
Early Account Closure Fee (12 months or less) £0.00
Inactivity Charge £0.00
Charge for selling holdings if not enough money in account to pay other charges £0.00
Same Day Payment Charge £0.00
Cost of receiving paper statements for a year £0.00

Ready-made Ethical General Investment Accounts

HSBC

HSBC Sustainable Portfolio

5 stars
Cost (Year 1) i £312.50
Account closure fee £0.00
Charge for transferring investments to another platform i £0.00
Does the provider have a mobile app?
Charge for selling holdings if not enough money in account for charges £0.00
Completing paper applications
Cash withdrawal by BACs £0.00
Same day payment/payment by CHAPs £20.00
Early account closure fee £0.00
Cost of receiving paper statements for a year £0.00
Charge for transferring cash to another platform i £0.00

Ready-made Ethical Stocks and Shares ISAs

HSBC

HSBC Sustainable Portfolio

5 stars
Cost (Year 1) i £312.50
Account closure fee £0.00
Charge for transferring investments to another platform i £0.00
Is there a mobile app?
Charge for selling holdings if not enough money in account for charges £0.00
Completing paper applications
Cash withdrawal by BACs £0.00
Same day payment/payment by CHAPs £20.00
Early account closure fee £0.00
Cost of receiving paper statements for a year £0.00
Charge for transferring cash to another platform i £0.00

Ready-made General Investment Accounts

HSBC

HSBC Regular portfolio

5 stars
Cost (Year 1) i £218.00
Account closure fee £0.00
Charge for transferring investments to another platform i £0.00
Does the provider have a mobile app?
Charge for selling holdings if not enough money in account for charges £0.00
Completing paper applications
Cash withdrawal by BACs £0.00
Same day payment/payment by CHAPs £20.00
Early account closure fee £0.00
Cost of receiving paper statements for a year £0.00
Charge for transferring cash to another platform i £0.00

Ready-made Stocks and Shares ISAs

HSBC

HSBC Regular portfolio

5 stars
Cost (Year 1) i £218.00
Account closure fee £0.00
Charge for transferring investments to another platform i £0.00
Charge for selling holdings if not enough money in account for charges £0.00
Completing paper applications
Cash withdrawal by BACs £0.00
Same day payment/payment by CHAPs £20.00
Early account closure fee £0.00
Cost of receiving paper statements for a year £0.00
Charge for transferring cash to another platform i £0.00
Is there a mobile app?

Stocks and Shares ISAs (self-invested)

HSBC

Global Investment Centre ISA

4 stars
Account closure fee £0.00
Charge for transferring investments to another platform i £0.00
Charge for automatic reinvestment
Charge for telephone/postal share dealing £0.00
Charge for transferring cash to another platform £0.00
Inactivity Charge £0.00
Charge for selling holdings if not enough money in account to pay other charges £0.00
Repairing or voiding an ISA, when required under HMRC rules £0.00
Same Day Payment Charge £0.00
Cost of receiving paper statements for a year £0.00

HSBC

InvestDirect ISA

3 stars
Account closure fee £0.00
Charge for transferring investments to another platform i £15 per holding
Charge for automatic reinvestment
Charge for telephone/postal share dealing £29.95
Charge for transferring cash to another platform £0.00
Inactivity Charge £0.00
Charge for selling holdings if not enough money in account to pay other charges £0.00
Repairing or voiding an ISA, when required under HMRC rules £0.00
Same Day Payment Charge £0.00
Cost of receiving paper statements for a year £0.00

HSBC

InvestDirect ISA Plus

3 stars
Account closure fee £0.00
Charge for transferring investments to another platform i £15 per holding
Charge for automatic reinvestment
Charge for telephone/postal share dealing £29.95
Charge for transferring cash to another platform £0.00
Inactivity Charge £0.00
Charge for selling holdings if not enough money in account to pay other charges £0.00
Repairing or voiding an ISA, when required under HMRC rules £0.00
Same Day Payment Charge £0.00
Cost of receiving paper statements for a year £0.00

Personal loans

HSBC

Personal Loan

Representative APR (on £5,000 loan, 36 month term) 9.9%
Unpaid Repayment Fee i £0.00
Early settlement fee (Days interest) 28 days
Available to new customers? i
Eligibility checker
Minimum borrowing amount £1,000.00
Maximum borrowing amount £25,000.00
Minimum borrowing length 12 months
Maximum borrowing length 60 months

HSBC

Premier Personal Loan

Representative APR (on £5,000 loan, 36 month term) 7.9%
Unpaid Repayment Fee i £0.00
Early settlement fee (Days interest) 28 days
Available to new customers? i
Eligibility checker
Minimum borrowing amount £1,000.00
Maximum borrowing amount £50,000.00
Minimum borrowing length 12 months
Maximum borrowing length 60 months

Savings Accounts

1 Year Fixed Rate Accounts

HSBC

Fixed Rate Savings

Interest Rate (AER) i 4.35%
Minimum Opening Balance i £2,000.00
What happens at maturity? i The provider will contact you before the account matures. The money will be transferred into a linked or nominated account unless you instruct them otherwise.
Part of FSCS i
Maximum Balance i £1,000,000.00
Minimum Age to Open Account i 7
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i Must have a HSBC current or savings account (ISAs, Regular Savers and Basic Bank Accounts don't count)
Can you make early withdrawals? i
Withdrawal Penalty i If balance is over £50,000 no earlier access, if balance is under £50,000 earlier access costs 90 days interest

2 Year Fixed Rate Accounts

HSBC

Fixed Rate Savings

Interest Rate (AER) i 4.05%
Minimum Opening Balance i £2,000.00
What happens at maturity? i The provider will contact you before the account matures. The money will be transferred into a linked or nominated account unless you instruct them otherwise.
Part of FSCS i
Maximum Balance i £1,000,000.00
Minimum Age to Open Account i 7
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i Must have a HSBC current or savings account (ISAs, Regular Savers and Basic Bank Accounts don't count)
Can you make early withdrawals? i
Withdrawal Penalty i If balance is over £50,000 no earlier access, if balance is under £50,000 earlier access costs 90 days interest

Easy Access Accounts

HSBC

Online Bonus Saver

Interest Rate (AER) i 4%
Minimum Opening Balance i £1.00
Maximum Balance i Unlimited
Part of FSCS i
Withdrawal Penalty i A lower rate of 0.65% will be paid in months where there is a withdrawal.
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i Must have a HSBC current or savings account
Penalty free withdrawals? i
Additional Information i

HSBC

Flexible Saver

Interest Rate (AER) i 2%
Minimum Opening Balance i £1.00
Maximum Balance i Unlimited
Part of FSCS i
Withdrawal Penalty i
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Penalty free withdrawals? i
Additional Information i

HSBC

HSBC Premier Account

Interest Rate (AER) i 2.25%
Minimum Opening Balance i £1.00
Maximum Balance i Unlimited
Part of FSCS i
Withdrawal Penalty i
Minimum Age to Open Account i 18
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Penalty free withdrawals? i
Additional Information i

Regular Savers

HSBC

Regular Saver

Interest Rate (AER) i 5%
Maximum Balance i £3,000.00
Withdrawal Penalty i Earlier access on closure only subject to Flexible Saver rate paid.
Minimum Monthly Investment i £25.00
Maximum Monthly Investment i £250.00
Penalty free withdrawals? i
Minimum Opening Balance i £25.00
Minimum Age to Open Account i 18
Sharia Account i
Part of FSCS i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i Customer must have or open one of the following: HSBC Premier, HSBC Advance, Bank Account, Bank Account Pay Monthly, HSBC Student Bank Account or Graduate Bank Account customers holding a Current Account.
Notice Period i
Fixed Term Length i 1 Year Bond
Additional Information i Reverts ito Flexible Saver, Instant Access Savings or Premier Savings account after 12 months.

Savings Accounts (ISAs)

Easy Access ISAs

HSBC

Loyalty Cash ISA

Interest Rate (AER) i 3.2%
Minimum Opening Balance i £1.00
Part of FSCS i
Withdrawal Penalty i
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Penalty free withdrawals? i
Can you transfer in funds from another cash ISA? i
Can you transfer in funds from a stocks and shares ISA? i

HSBC

HSBC Loyalty Cash ISA Premier

Interest Rate (AER) i 2%
Minimum Opening Balance i £1.00
Part of FSCS i
Withdrawal Penalty i
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Penalty free withdrawals? i
Can you transfer in funds from another cash ISA? i
Can you transfer in funds from a stocks and shares ISA? i