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HSBC savings accounts

HSBC's overall rating for savings accounts is

7.6

(as rated by the Mozo community)

HSBC offers the following savings accounts

Product Interest Rate Special Rate Conditions
Serious Saver
0.00% 5.00% Paid on every month you don't withdraw
Cash Management Account
0.05%

HSBC in Australia is part of the HSBC Group, one of the world’s largest banking and financial services organisations. HSBC has products for every money need you can think of, including savings accounts and term

deposits for your day-to-day money management, a suite of home loans to finance your dream home, plus credit card and personal loan options. With branches all over the world, HSBC is the world’s local bank!

Reviews of HSBC savings accounts

Don from New South Wales, a HSBC savings account customer. 7Overall Rating
  Pros: - Day to day savings account with no monthly fees and can combined with high interest savings under one account - Can withdraw from westpac / st george atm with no fees - Secure online transaction with security key device - Unlimited no fees eftpos - Account number is in the atm card, pretty convenient to have - Cheque book option Cons: - Interest rates not so competitive against other banks - Extra charge for withdrawing money from teller Reviewed 14 days ago  
  • 6Pricing
  • 8Product Features
  • 6Customer Service
  • 8Convenience
  • 10Trust
Michelle from New South Wales, a HSBC savings account customer. 10Overall Rating
  I have an online account that was simple to set up with NO charges and have had no problems with them. Definitely recommend to others. Only negative would be that there is no link between other countries' HSBC banks so no account history could be passed along. Reviewed 14 days ago  
  • 10Pricing
  • -Product Features
  • 10Customer Service
  • 10Convenience
  • 10Trust
Mark from Queensland, a HSBC savings account customer. 6Overall Rating
  Customer service is hit or miss. If you ask to speak to a manager they won't let you for example. Reviewed 14 days ago  
  • 7Pricing
  • 7Product Features
  • 2Customer Service
  • 6Convenience
  • 4Trust
Betty from New South Wales, a HSBC savings account customer. 10Overall Rating
  The HSBC Bank is very professional, and access to banking online is unique and I have the utmost faith in their products and service. Go with this Bank. Reviewed 15 days ago  
  • 10Pricing
  • 10Product Features
  • 10Customer Service
  • 10Convenience
  • 10Trust
Peter from New South Wales, a HSBC savings account customer. 7Overall Rating
  HSBC - we joined thinking we could easliy deal with both Singapore and Australia. Whilst they are "the worlds bank" you can't easily link OS accounts, do OS transactions eg transfer from your HSBC Overseas account (Singapore) unless you are RICH - that is a Premier Member (ie invest a great amount). Reviewed 15 days ago  
  • 8Pricing
  • 7Product Features
  • 10Customer Service
  • 3Convenience
  • 10Trust

How are other HSBC products rated by the Mozo community?

Product Type Overall Price Features Service Convenience Trust
HSBC savings accounts 7.6 153 REVIEWS 7.5 6.5 7.1 7.1 8.0
HSBC bank accounts 7.1 59 REVIEWS 7.4 6.5 6.3 6.4 7.1
HSBC credit cards 5.7 101 REVIEWS 5.6 5.5 5.7 5.6 5.9
HSBC home loans 7.8 24 REVIEWS 7.2 7.6 7.5 6.4 7.4
HSBC personal loans 5.2 8 REVIEWS 5.8 4.9 5.4 5.2 5.1
HSBC term deposits 6.7 7 REVIEWS 5.9 5.7 6.3 6.4 7.0

Other providers of savings accounts

With so many different savings accounts on the market now, it's a tough call to pick the best one. Mozo is Australia's online money info zone, with all the objective information you need to make the right savings account choice. You can find and compare HSBC savings accounts with Mozo or check out these other providers.

 

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