Term Deposit Saving Rates

Term Deposit Rates

rates are indicative only and subject to change without notice
all rates are quoted as Annual Rates of Return

(Date format is dd/mm/yyyy)
Rates as of:
14/05/2024, 9:00 am

(Date format is dd/mm/yyyy)
Rates as of:	14/05/2024, 9:00 am

Bermuda Dollar (BMD) / United States Dollar (USD)
Term	5,000+	10,000+	50,000+	100,000+	500,000+	1,000,000+
3 Months	1.6213	1.6213	1.6213	1.7293	1.8373	1.9454
6 Months	1.6229	1.6229	1.6229	1.7304	1.8378	1.9453
1 Year	1.8021	1.8021	1.8021	1.9046	2.0071	2.1097
2 Years	2.0351	2.0351	2.0351	2.1312	2.2272	2.3233
3 Years	2.1152	2.1152	2.1152	2.2079	2.3006	2.3933
4 Years	2.2222	2.2222	2.2222	2.3134	2.4046	2.4958
5 Years	2.4385	2.4385	2.4385	2.5282	2.6179	2.7076

Bermuda Dollar (BMD) / United States Dollar (USD)
Term	3 Months
5,000+	1.6213
10,000+	1.6213
50,000+	1.6213
100,000+	1.7293
500,000+	1.8373
1,000,000+	1.9454

Term	6 Months
5,000+	1.6229
10,000+	1.6229
50,000+	1.6229
100,000+	1.7304
500,000+	1.8378
1,000,000+	1.9453

Term	1 Year
5,000+	1.8021
10,000+	1.8021
50,000+	1.8021
100,000+	1.9046
500,000+	2.0071
1,000,000+	2.1097

Term	2 Years
5,000+	2.0351
10,000+	2.0351
50,000+	2.0351
100,000+	2.1312
500,000+	2.2272
1,000,000+	2.3233

Term	3 Years
5,000+	2.1152
10,000+	2.1152
50,000+	2.1152
100,000+	2.2079
500,000+	2.3006
1,000,000+	2.3933

Term	4 Years
5,000+	2.2222
10,000+	2.2222
50,000+	2.2222
100,000+	2.3134
500,000+	2.4046
1,000,000+	2.4958

Term	5 Years
5,000+	2.4385
10,000+	2.4385
50,000+	2.4385
100,000+	2.5282
500,000+	2.6179
1,000,000+	2.7076

British Pounds (GBP)
Term	5,000+	10,000+	50,000+	100,000+	500,000+	1,000,000+
3 Months	1.1448	1.1448	1.1448	1.1448	1.1448	1.1448
6 Months	1.0454	1.0454	1.0454	1.0454	1.0454	1.0454
1 Year	0.9412	0.9412	0.9412	0.9412	0.9412	0.9412
2 Years	0.8712	0.8712	0.8712	0.8712	0.8712	0.8712
3 Years	0.8386	0.8386	0.8386	0.8386	0.8386	0.8386
4 Years	0.8426	0.8426	0.8426	0.8426	0.8426	0.8426
5 Years	0.8206	0.8206	0.8206	0.8206	0.8206	0.8206

British Pounds (GBP)
Term	3 Months
5,000+	1.1448
10,000+	1.1448
50,000+	1.1448
100,000+	1.1448
500,000+	1.1448
1,000,000+	1.1448

Term	6 Months
5,000+	1.0454
10,000+	1.0454
50,000+	1.0454
100,000+	1.0454
500,000+	1.0454
1,000,000+	1.0454

Term	1 Year
5,000+	0.9412
10,000+	0.9412
50,000+	0.9412
100,000+	0.9412
500,000+	0.9412
1,000,000+	0.9412

Term	2 Years
5,000+	0.8712
10,000+	0.8712
50,000+	0.8712
100,000+	0.8712
500,000+	0.8712
1,000,000+	0.8712

Term	3 Years
5,000+	0.8386
10,000+	0.8386
50,000+	0.8386
100,000+	0.8386
500,000+	0.8386
1,000,000+	0.8386

Term	4 Years
5,000+	0.8426
10,000+	0.8426
50,000+	0.8426
100,000+	0.8426
500,000+	0.8426
1,000,000+	0.8426

Term	5 Years
5,000+	0.8206
10,000+	0.8206
50,000+	0.8206
100,000+	0.8206
500,000+	0.8206
1,000,000+	0.8206

Canadian Dollars (CAD)
Term	5,000+	10,000+	50,000+	100,000+	500,000+	1,000,000+
3 Months	0.7896	0.7896	0.7896	0.7896	0.7896	0.7896
6 Months	0.9676	0.9676	0.9676	0.9676	0.9676	0.9676
1 Year	1.4284	1.4284	1.4284	1.4284	1.4284	1.4284

Canadian Dollars (CAD)
Term	3 Months
5,000+	0.7896
10,000+	0.7896
50,000+	0.7896
100,000+	0.7896
500,000+	0.7896
1,000,000+	0.7896

Term	6 Months
5,000+	0.9676
10,000+	0.9676
50,000+	0.9676
100,000+	0.9676
500,000+	0.9676
1,000,000+	0.9676

Term	1 Year
5,000+	1.4284
10,000+	1.4284
50,000+	1.4284
100,000+	1.4284
500,000+	1.4284
1,000,000+	1.4284

Australian Dollars (AUD)
Term	5,000+	10,000+	50,000+	100,000+	500,000+	1,000,000+
3 Months	0.8772	0.8772	0.8772	0.8772	0.8772	0.8772
6 Months	0.8713	0.8713	0.8713	0.8713	0.8713	0.8713
1 Year	0.8594	0.8594	0.8594	0.8594	0.8594	0.8594

Australian Dollars (AUD)
Term	3 Months
5,000+	0.8772
10,000+	0.8772
50,000+	0.8772
100,000+	0.8772
500,000+	0.8772
1,000,000+	0.8772

Term	6 Months
5,000+	0.8713
10,000+	0.8713
50,000+	0.8713
100,000+	0.8713
500,000+	0.8713
1,000,000+	0.8713

Term	1 Year
5,000+	0.8594
10,000+	0.8594
50,000+	0.8594
100,000+	0.8594
500,000+	0.8594
1,000,000+	0.8594

New Zealand Dollars (NZD)
Term	5,000+	10,000+	50,000+	100,000+	500,000+	1,000,000+
3 Months	1.0893	1.0893	1.0893	1.0893	1.0893	1.0893
6 Months	1.0828	1.0828	1.0828	1.0828	1.0828	1.0828
1 Year	1.07	1.07	1.07	1.07	1.07	1.07

New Zealand Dollars (NZD)
Term	3 Months
5,000+	1.0893
10,000+	1.0893
50,000+	1.0893
100,000+	1.0893
500,000+	1.0893
1,000,000+	1.0893

Term	6 Months
5,000+	1.0828
10,000+	1.0828
50,000+	1.0828
100,000+	1.0828
500,000+	1.0828
1,000,000+	1.0828

Term	1 Year
5,000+	1.07
10,000+	1.07
50,000+	1.07
100,000+	1.07
500,000+	1.07
1,000,000+	1.07

Everyday Savings Rates

(Date format is dd/mm/yyyy)
Rates as of:
14/05/2024, 9:00 am

(Date format is dd/mm/yyyy)
Rates as of:	14/05/2024, 9:00 am

Bermuda Dollar (BMD)
Currency	0 to 49999.99	50,000 to 99999.99	100,000 to 199999.99	200,000 to 499999.99	500,000 to 999999.99	1,000,000+
Bermuda Dollar (BMD)	0.01	0.05	0.05	0.1	0.1	0.15

Bermuda Dollar (BMD)
Currency	Bermuda Dollar (BMD)
0 to 49999.99	0.01
50,000 to 99999.99	0.05
100,000 to 199999.99	0.05
200,000 to 499999.99	0.1
500,000 to 999999.99	0.1
1,000,000+	0.15

Other Currencies
Currency	Rate
Canada Dollar (CAD)	0.01
Euro (EUR)	0
British Pound (GBP)	0.01
United States Dollar (USD)	0.01
Australian Dollar (AUD)	0.01
Danish Krone (DKK)	0
Japanese Yen (JPY)	0
New Zealand Dollar (NZD)	0.01
Norwegian Krone (NOK)	0
Singapore Dollar (SGD)	0
Swiss Franc (CHF)	0
Swedish Krone (SEK)	0

Other Currencies
Currency	Canada Dollar (CAD)
Rate	0.01

Currency	Euro (EUR)
Rate	0

Currency	British Pound (GBP)
Rate	0.01

Currency	United States Dollar (USD)
Rate	0.01

Currency	Australian Dollar (AUD)
Rate	0.01

Currency	Danish Krone (DKK)
Rate	0

Currency	Japanese Yen (JPY)
Rate	0

Currency	New Zealand Dollar (NZD)
Rate	0.01

Currency	Norwegian Krone (NOK)
Rate	0

Currency	Singapore Dollar (SGD)
Rate	0

Currency	Swiss Franc (CHF)
Rate	0

Currency	Swedish Krone (SEK)
Rate	0

Quarterly Bonus Saver Rate

(Date format is dd/mm/yyyy)
Rates as of:
05/01/2023, 9:00 am

(Date format is dd/mm/yyyy)
Rates as of:	05/01/2023, 9:00 am

BMD
Rates	100 to 500,000+
Standard Rate¹	0.05
Bonus Rate²	0.45
Total AER³	0.50

BMD
Rates	Standard Rate¹
100 to 500,000+	0.05

Rates	Bonus Rate²
100 to 500,000+	0.45

Rates	Total AER³
100 to 500,000+	0.50

USD
Rates	100 to 500,000+
Standard Rate¹	0.05
Bonus Rate²	0.45
Total AER³	0.50

USD
Rates	Standard Rate¹
100 to 500,000+	0.05

Rates	Bonus Rate²
100 to 500,000+	0.45

Rates	Total AER³
100 to 500,000+	0.50

CAD
Rates	100 to 500,000+
Standard Rate¹	0.05
Bonus Rate²	0.20
Total AER³	0.25

CAD
Rates	Standard Rate¹
100 to 500,000+	0.05

Rates	Bonus Rate²
100 to 500,000+	0.20

Rates	Total AER³
100 to 500,000+	0.25

¹ AER - Interest earned on an annual basis.

²Interest paid in addition to the standard rate if no withdrawals are made within a Qualifying 3 Month period.

³AER – Annual Equivalent Rate which is interest earned on an annual basis.

MySavings Youth Account Interest Rates

**Balance up to $15,000**
Rate	Interest
Standard interest rate	0.80%* AER
Bonus interest rate	0.45% AER
Total APR (if no withdrawals are made)	1.25% AER

**Balance up to $15,000**
Rate	Standard interest rate
Interest	0.80%* AER

Rate	Bonus interest rate
Interest	0.45% AER

Rate	Total APR (if no withdrawals are made)
Interest	1.25% AER

**Balance over $15,000**
Rate	Interest
Standard interest rate	0.05%** AER
Bonus interest rate	0.45% AER (up to $200k)
Total APR (if no withdrawals are made)	0.50% AER

**Balance over $15,000**
Rate	Standard interest rate
Interest	0.05%** AER

Rate	Bonus interest rate
Interest	0.45% AER (up to $200k)

Rate	Total APR (if no withdrawals are made)
Interest	0.50% AER

*Balances up to $15,000 will earn the higher rate of interest.
**Only the part of the balance above $15,000 will earn the lower interest rate.

**Balance up to $15,000**
Rate	Interest
Standard interest rate	0.05%* AER
Bonus interest rate	0.45% AER
Total APR (if no withdrawals are made)	0.50% AER

**Balance up to $15,000**
Rate	Standard interest rate
Interest	0.05%* AER

Rate	Bonus interest rate
Interest	0.45% AER

Rate	Total APR (if no withdrawals are made)
Interest	0.50% AER

**Balance up to $15,000**
Rate	Interest
Standard interest rate	0.05%* AER
Bonus interest rate	0.20% AER
Total APR (if no withdrawals are made)	0.25% AER

**Balance up to $15,000**
Rate	Standard interest rate
Interest	0.05%* AER

Rate	Bonus interest rate
Interest	0.20% AER

Rate	Total APR (if no withdrawals are made)
Interest	0.25% AER

Disclosure

Issued by HSBC Bank Bermuda Limited, of 37 Front Street, Hamilton Bermuda, which is licensed to conduct Banking and Investment Business by the Bermuda Monetary Authority.

Deposit Rate

Term Deposit Rates

Everyday Savings Rates

Quarterly Bonus Saver Rate

MySavings Youth Account Interest Rates

BMD

USD

CAD

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