HSBC savings account reviews

HSBC
HSBC's overall rating for savings accounts

(as rated by the Mozo community)

7.5 / 10

based on 320 reviews

Price

Features

Customer service

Convenience

Trust

Featured savings account from HSBC

Recent HSBC savings account reviews

HSBC

HSBC Flexi Saver Savings Account review

Overall rating   6 / 10

Poor on-line international transfers.

International online transfers are not handled well and they don't deliver the service that is expected from them.

Full review

International online transfers are not handled well and they don't deliver the service that is expected from them.

    Price   8 / 10

    Features   1 / 10

    Customer service   7 / 10

    Convenience   3 / 10

    Trust   7 / 10

Less

John, Queensland, reviewed almost 3 years ago

HSBC

HSBC Flexi Saver Savings Account review

Overall rating   7 / 10

Good rates and great for online banking

Good rates but not so convenient as far as branch network goes

Full review

Good rates but not so convenient as far as branch network goes

    Price   8 / 10

    Features   8 / 10

    Customer service   8 / 10

    Convenience   5 / 10

    Trust   8 / 10

Less

Talei, New South Wales, reviewed over 3 years ago

HSBC

HSBC Flexi Saver Savings Account review

Overall rating   8 / 10

Exceptional customer service.

Exceptional customer service.

Full review

Exceptional customer service.

    Price   6 / 10

    Features   5 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   9 / 10

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Sarah, Western Australia, reviewed over 3 years ago

HSBC

HSBC Savings Account review

Overall rating   8 / 10

Good service.

Good service

Full review

Good service

    Price   6 / 10

    Features   6 / 10

    Customer service   6 / 10

    Convenience   6 / 10

    Trust   8 / 10

Less

Shashini, Victoria, reviewed over 3 years ago

HSBC

HSBC Flexi Saver Savings Account review

Overall rating   10 / 10

Great customer service & overall great product

HSBC has been the best bank that I have used till now, great service face to face and over the phone, very professional and great customer service and always going that extra bit to assist

Full review

HSBC has been the best bank that I have used till now, great service face to face and over the phone, very professional and great customer service and always going that extra bit to assist

    Price   9 / 10

    Features   9 / 10

    Customer service   10 / 10

    Convenience   8 / 10

    Trust   10 / 10

Less

Raymond, New South Wales, reviewed over 3 years ago

HSBC

HSBC Savings Account review

Overall rating   5 / 10

Relatively good service.

No bank fee, but low interest rates.

Full review

No bank fee, but low interest rates.

    Price   5 / 10

    Features   5 / 10

    Customer service   5 / 10

    Convenience   5 / 10

    Trust   5 / 10

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Harris, Victoria, reviewed over 3 years ago

HSBC

HSBC Serious Saver Savings Account review

Overall rating   7 / 10

Great customer service

Online banking seems to have good security. Easy to transfer funds between accounts.

Full review

Online banking seems to have good security. Easy to transfer funds between accounts.

    Price   7 / 10

    Features   4 / 10

    Customer service   6 / 10

    Convenience   7 / 10

    Trust   7 / 10

Less

Kate, Victoria, reviewed over 3 years ago

HSBC

HSBC Flexi Saver Savings Account review

Overall rating   9 / 10

No fees, all the options, rock-solid, reliable.

Reliable service. Never any problems accessing money. Can use Westpac ATMs without fees. No monthly fees. Cannot recall last time I incurred a bank charge. Convenient branch location in the city. VISA debit card attached to account is...

Full review

Reliable service. Never any problems accessing money. Can use Westpac ATMs without fees. No monthly fees. Cannot recall last time I incurred a bank charge. Convenient branch location in the city. VISA debit card attached to account is FANTASTIC, convenient, useful, fantastic. Have been able to use it online, also for renting cars, etc. Downsides -- HSBC linked to laundering drug cartel money in South America. I had trouble accessing funds while travelling in Africa even after I notified HSBC that I was in Africa.

    Price   10 / 10

    Features   6 / 10

    Customer service   9 / 10

    Convenience   9 / 10

    Trust   9 / 10

Less

Sean, Queensland, reviewed over 3 years ago

HSBC

HSBC Savings Account review

Overall rating   7 / 10

Good product

Convenient bank with no fees.

Full review

Convenient bank with no fees.

    Price   6 / 10

    Features   5 / 10

    Customer service   6 / 10

    Convenience   6 / 10

    Trust   6 / 10

Less

Grace, New South Wales, reviewed over 3 years ago

HSBC

HSBC Flexi Saver Savings Account review

Overall rating   7 / 10

HSBC is an international bank

Domestic banks are myopic.

Full review

Domestic banks are myopic.

    Price   7 / 10

    Features   7 / 10

    Customer service   7 / 10

    Convenience   7 / 10

    Trust   7 / 10

Less

Richard, Western Australia, reviewed almost 4 years ago

HSBC

HSBC Flexi Saver Savings Account review

Overall rating   5 / 10

Limited

A very basic savings account, very limited in internet usage.

Full review

A very basic savings account, very limited in internet usage.

    Price   5 / 10

    Features   5 / 10

    Customer service   5 / 10

    Convenience   5 / 10

    Trust   5 / 10

Less

Michele, Victoria, reviewed almost 4 years ago

HSBC

HSBC Savings Account review

Overall rating   8 / 10

Security and helpfulness a priority

Very security focused, and I'm very confident that private details would be kept absolutely secure. The downside of this is very elaborate security processes that make it slower to access internet banking or phone assistance. But very reliable and...

Full review

Very security focused, and I'm very confident that private details would be kept absolutely secure. The downside of this is very elaborate security processes that make it slower to access internet banking or phone assistance. But very reliable and helpful service, and always available.

    Price   5 / 10

    Features   5 / 10

    Customer service   7 / 10

    Convenience   5 / 10

    Trust   10 / 10

Less

Alice, Victoria, reviewed almost 4 years ago

HSBC

HSBC Savings Account review

Overall rating   8 / 10

Very good service from staff

Very good service and rates.

Full review

Very good service and rates.

    Price   8 / 10

    Features   8 / 10

    Customer service   8 / 10

    Convenience   7 / 10

    Trust   8 / 10

Less

Shirin, Queensland, reviewed almost 4 years ago

HSBC

HSBC Savings Account review

Overall rating   0 / 10

Locked Account Took 2 Weeks to Get In

HSBC Changed their security protocols. In doing so, it made it nearly impossible to access my online account. It took two weeks and many telephone calls. Additionally, I was put on hold for what added up to be hours. I asked to talk with a manager...

Full review

HSBC Changed their security protocols. In doing so, it made it nearly impossible to access my online account. It took two weeks and many telephone calls. Additionally, I was put on hold for what added up to be hours. I asked to talk with a manager several times was told one would call me and that never happened. They were holding my money hostage. And I swear that someone in their customer service changed by app login password. This is not a good company to do business with.

    Price   0 / 10

    Features   0 / 10

    Customer service   0 / 10

    Convenience   0 / 10

    Trust   0 / 10

Less

Holly, Northern Territory, reviewed almost 4 years ago

HSBC

HSBC Savings Account review

Overall rating   6 / 10

Seamless cross border service excellent.

Liked the global network and seamless service cross border . Premier banking is still desirable.

Full review

Liked the global network and seamless service cross border . Premier banking is still desirable.

    Price   3 / 10

    Features   3 / 10

    Customer service   7 / 10

    Convenience   7 / 10

    Trust   8 / 10

Less

Lai, Victoria, reviewed almost 4 years ago

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Savings account comparisons on Mozo - rates updated daily

  • MOZO EXPERTS CHOICE AWARDS 2019

    AMP Saver Account

    AMP Saver Account

    • Competitive interest rates, calculated daily and paid monthly
    • A bonus interest rate of 0.90% per annum for the first 4 months and the first $250,000 deposited
    • No Monthly fees

    special rate*

    2.75% p.a. (for $0 to $250,000)

    Bonus rate for the first 4 months from account opening on the first $250,000 deposited. For new Saver customers only.

    standard interest rate

    1.85% p.a.(for $0 to $5,000,000)

    account fee per month

    $0.00

    Go to site

    More info

    • Competitive interest rates, calculated daily and paid monthly
    • A bonus interest rate of 0.90% per annum for the first 4 months and the first $250,000 deposited
    • No Monthly fees
    • Special rate conditions: Bonus rate for the first 4 months from account opening on the first $250,000 deposited. For new Saver customers only.
    • Access: Phone banking, Internet banking
    • Minimum balance: $0.00
    • Other restrictions:
    Overall rating

    7.3

    Based on 72 AMP savings account reviews

    Need more information?
    Go to site

    More info

  • MOZO EXPERTS CHOICE AWARDS 2019

    UBank USaver with Ultra Transaction Account

    UBank USaver with Ultra Transaction Account

    • Bonus interest. Conditions apply
    • Visa Debit Card with Visa PayWave
    • No monthly account keeping fees

    special rate*

    2.87% p.a. (for $0 to $200,000)

    Bonus interest only applies on funds held in linked USaver account if $200 deposited into either account in the month from an external source.

    standard interest rate

    1.81% p.a.(for $0 to $5,000,000)

    account fee per month

    $0.00

    Go to site

    More info

    • Bonus interest. Conditions apply
    • Visa Debit Card with Visa PayWave
    • No monthly account keeping fees
    • Special rate conditions: Bonus interest only applies on funds held in linked USaver account if $200 deposited into either account in the previous month from an external source and the combined balance is less than $200,000.
    • Access: Phone banking, Internet banking
    • Minimum balance: $0.00
    • Other restrictions:
    Overall rating

    8.5

    Based on 670 UBank savings account reviews

    Need more information?
    Go to site

    More info

  • MOZO EXPERTS CHOICE AWARDS 2019

    Bank Australia Bonus Saver

    Bank Australia Bonus Saver

    • High interest rate of up to 2.60%p.a.
    • Bonus interest
    • Access to your savings

    special rate*

    2.30% p.a. (for $1 and over)

    minimum deposit $100, no withdrawals

    standard interest rate

    0.15% p.a.(for $1 and over)

    account fee per month

    $0.00

    Go to site

    More info

    • High interest rate of up to 2.60%p.a.
    • Bonus interest
    • Access to your savings
    • Special rate conditions: Minimum deposit of $100 and no withdrawals in the month
    • Access: BPay, Branch access, Phone banking, Internet banking
    • Minimum balance: $0.00
    • Other restrictions:
    Overall rating

    7.6

    Based on 151 Bank Australia savings account reviews

    Need more information?
    Go to site

    More info

  • HSBC Serious Saver

    HSBC Serious Saver

    • No monthly fees
    • No minimum deposit
    • Apply online in under 10 minutes

    special rate*

    2.85% p.a. (for $0 to $1,000,000)

    No withdrawals in the month. Bonus rate for first 4 months, reverting to 0.95% bonus rate after

    standard interest rate

    0% p.a.(for $0 and over)

    account fee per month

    $0.00

    Go to site

    More info

    • No monthly fees
    • No minimum deposit
    • Apply online in under 10 minutes
    • Special rate conditions: No withdrawals in the month. Bonus rate for first 4 months, reverting to 0.95% bonus rate after
    • Access: Phone banking, Internet banking
    • Minimum balance: $0.00
    • Other restrictions:
    Overall rating

    7.5

    Based on 320 HSBC savings account reviews

    Need more information?
    Go to site

    More info

  • ANZ Progress Saver

    ANZ Progress Saver

    • Earn bonus interest when you make a single deposit of $10 or more in a month and no withdrawals
    • No monthly account fee.
    • Set up an automated monthly transfer to stick to your savings plan

    special rate*

    2.40% p.a. (for $0 and over)

    Bonus interest when you make a single deposit of $10 or more in a month and no withdrawals

    standard interest rate

    0.01% p.a.(for $0 and over)

    account fee per month

    $0.00

    Go to site

    More info

    • Earn bonus interest when you make a single deposit of $10 or more in a month and no withdrawals
    • No monthly account fee.
    • Set up an automated monthly transfer to stick to your savings plan
    • Special rate conditions: Bonus interest when you make a single deposit of $10 or more in a month and no withdrawals
    • Access: Branch access, Phone banking, Internet banking
    • Minimum balance: $10.00
    • Other restrictions:
    Overall rating

    7.4

    Based on 6090 ANZ savings account reviews

    Need more information?
    Go to site

    More info

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