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HSBC savings account reviews

HSBC
HSBC's overall rating for savings accounts

(as rated by the Mozo community)

7.5 / 10

based on 321 reviews

Price

Features

Customer service

Convenience

Trust

Featured savings account from HSBC

Recent HSBC savings account reviews

HSBC

HSBC Flexi Saver Flexi Saver review

Overall rating   10 / 10

High interest and branch access.

They have the highest saving rate among physical banks.

Full review

They have the highest saving rate among physical banks.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Leo, Victoria, reviewed 12 days ago

HSBC

HSBC Flexi Saver Flexi Saver 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 Flexi Saver 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 Flexi Saver 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

Less

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

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Shashini, Victoria, reviewed over 3 years ago

HSBC

HSBC Flexi Saver Flexi Saver 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

Less

Harris, Victoria, reviewed over 3 years ago

HSBC

HSBC Serious Saver Serious Saver 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 Flexi Saver 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 almost 4 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 almost 4 years ago

HSBC

HSBC Flexi Saver Flexi Saver 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 about 4 years ago

HSBC

HSBC Flexi Saver Flexi Saver 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 about 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 about 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 about 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 about 4 years ago

Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.

Savings account comparisons on Mozo - rates updated daily

  • Suncorp Growth Saver Account

    Suncorp Growth Saver Account

    • Free staff assisted transactions, Internet and phone banking
    • $0 account fees
    • $0 minimum balance

    special rate*

    2.05% p.a. (for $0 and over)

    Grow your balance by $200 or more and make no more than one withdrawal in the month.

    standard interest rate

    0.20% p.a.(for $0 and over)

    account fee per month

    $0.00

    Go to site

    More info

    • Free staff assisted transactions, Internet and phone banking
    • $0 account fees
    • $0 minimum balance
    • Special rate conditions: Grow your balance by $200 or more and make no more than one withdrawal in the month.
    • Access: Branch access, Phone banking, Internet banking
    • Minimum balance: $0.00
    • Other restrictions:
    Overall rating

    8.0

    Based on 1724 Suncorp 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*

    2.41% 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

    1.35% 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

  • MyState Bank Bonus Saver Account

    MyState Bank Bonus Saver Account

    • No monthly account keeping fees
    • Deposits up to $250,000 per customer are guaranteed by the Australian Government
    • Enjoy bonus interest when you deposit $20 or more in to your Bonus Saver Account and make 5 or more eligible VISA Debit card transactions from your linked account each month

    special rate*

    2.50% p.a. (for $0 to $150,000)

    Bonus rate when at least $20 is deposited each month and five Visa Debit transactions are made each month using linked Everyday or Glide transaction accounts.

    standard interest rate

    0.80% p.a.(for $0 and over)

    account fee per month

    $0.00

    Go to site

    More info

    • No monthly account keeping fees
    • Deposits up to $250,000 per customer are guaranteed by the Australian Government
    • Enjoy bonus interest when you deposit $20 or more in to your Bonus Saver Account and make 5 or more eligible VISA Debit card transactions from your linked account each month
    • Special rate conditions: Bonus rate when at least $20 is deposited each month and five Visa Debit transactions are made each month using linked Everyday or Glide transaction accounts.
    • Access: BPay, Phone banking, Internet banking
    • Minimum balance: $0.00
    • Other restrictions: Must link to a transaction account
    Overall rating

    7.7

    Based on 178 MyState Bank savings account reviews

    Need more information?
    Go to site

    More info

  • Bankwest Hero Saver

    Bankwest Hero Saver

    • No account keeping fees
    • No transaction fees
    • 100% secure application process

    special rate*

    2.10% p.a. (for $0 to $250,000)

    Minimum deposit of $200 excluding interest and no withdrawals in the month

    standard interest rate

    0.01% p.a.(for $0 to $5,000,000)

    account fee per month

    $0.00

    Go to site

    More info

    • No account keeping fees
    • No transaction fees
    • 100% secure application process
    • Special rate conditions: Minimum deposit of $200 excluding interest and no withdrawals in the month
    • Access: Phone banking, Internet banking
    • Minimum balance: $0.00
    • Other restrictions:
    Overall rating

    8.0

    Based on 1352 Bankwest savings account reviews

    Need more information?
    Go to site

    More info

  • CUA eSaver Flexi

    CUA eSaver Flexi

    • One simple competitive 2.00% rate of interest across all balances
    • No monthly account or online transfer fees
    • Free online and mobile banking transactions

    special rate*

    No Current Offer

    standard interest rate

    1.70% p.a.(for $0 and over)

    account fee per month

    $0.00

    Go to site

    More info

    • One simple competitive 2.00% rate of interest across all balances
    • No monthly account or online transfer fees
    • Free online and mobile banking transactions
    • Special rate conditions: n/a
    • Access: BPay, Phone banking, Internet banking
    • Minimum balance: $0.00
    • Other restrictions:
    Overall rating

    8.2

    Based on 603 CUA savings account reviews

    Need more information?
    Go to site

    More info

Want more? Compare all 226 savings accounts in the Mozo comparison engine.

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