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:
01/05/2024, 9:00 am

(Date format is dd/mm/yyyy)
Rates as of:	01/05/2024, 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	1.6386	1.6386	1.6386	1.7468	1.8551	1.9633
6 Months	1.6305	1.6305	1.6305	1.738	1.8455	1.953
1 Year	1.8571	1.8571	1.8571	1.9604	2.0637	2.1671
2 Years	2.1199	2.1199	2.1199	2.2191	2.3183	2.4175
3 Years	2.2319	2.2319	2.2319	2.3277	2.4236	2.5195
4 Years	2.3501	2.3501	2.3501	2.4446	2.539	2.6335
5 Years	2.5897	2.5897	2.5897	2.6828	2.7758	2.8689

Bermuda Dollar (BMD) / United States Dollar (USD)
Term	3 Months
5,000+	1.6386
10,000+	1.6386
50,000+	1.6386
100,000+	1.7468
500,000+	1.8551
1,000,000+	1.9633

Term	6 Months
5,000+	1.6305
10,000+	1.6305
50,000+	1.6305
100,000+	1.738
500,000+	1.8455
1,000,000+	1.953

Term	1 Year
5,000+	1.8571
10,000+	1.8571
50,000+	1.8571
100,000+	1.9604
500,000+	2.0637
1,000,000+	2.1671

Term	2 Years
5,000+	2.1199
10,000+	2.1199
50,000+	2.1199
100,000+	2.2191
500,000+	2.3183
1,000,000+	2.4175

Term	3 Years
5,000+	2.2319
10,000+	2.2319
50,000+	2.2319
100,000+	2.3277
500,000+	2.4236
1,000,000+	2.5195

Term	4 Years
5,000+	2.3501
10,000+	2.3501
50,000+	2.3501
100,000+	2.4446
500,000+	2.539
1,000,000+	2.6335

Term	5 Years
5,000+	2.5897
10,000+	2.5897
50,000+	2.5897
100,000+	2.6828
500,000+	2.7758
1,000,000+	2.8689

British Pounds (GBP)
Term	5,000+	10,000+	50,000+	100,000+	500,000+	1,000,000+
3 Months	1.2186	1.2186	1.2186	1.2186	1.2186	1.2186
6 Months	1.0936	1.0936	1.0936	1.0936	1.0936	1.0936
1 Year	1.089	1.089	1.089	1.089	1.089	1.089
2 Years	1.023	1.023	1.023	1.023	1.023	1.023
3 Years	1.0126	1.0126	1.0126	1.0126	1.0126	1.0126
4 Years	1.0216	1.0216	1.0216	1.0216	1.0216	1.0216
5 Years	0.993	0.993	0.993	0.993	0.993	0.993

British Pounds (GBP)
Term	3 Months
5,000+	1.2186
10,000+	1.2186
50,000+	1.2186
100,000+	1.2186
500,000+	1.2186
1,000,000+	1.2186

Term	6 Months
5,000+	1.0936
10,000+	1.0936
50,000+	1.0936
100,000+	1.0936
500,000+	1.0936
1,000,000+	1.0936

Term	1 Year
5,000+	1.089
10,000+	1.089
50,000+	1.089
100,000+	1.089
500,000+	1.089
1,000,000+	1.089

Term	2 Years
5,000+	1.023
10,000+	1.023
50,000+	1.023
100,000+	1.023
500,000+	1.023
1,000,000+	1.023

Term	3 Years
5,000+	1.0126
10,000+	1.0126
50,000+	1.0126
100,000+	1.0126
500,000+	1.0126
1,000,000+	1.0126

Term	4 Years
5,000+	1.0216
10,000+	1.0216
50,000+	1.0216
100,000+	1.0216
500,000+	1.0216
1,000,000+	1.0216

Term	5 Years
5,000+	0.993
10,000+	0.993
50,000+	0.993
100,000+	0.993
500,000+	0.993
1,000,000+	0.993

Canadian Dollars (CAD)
Term	5,000+	10,000+	50,000+	100,000+	500,000+	1,000,000+
3 Months	0.7924	0.7924	0.7924	0.7924	0.7924	0.7924
6 Months	0.965	0.965	0.965	0.965	0.965	0.965
1 Year	1.4752	1.4752	1.4752	1.4752	1.4752	1.4752

Canadian Dollars (CAD)
Term	3 Months
5,000+	0.7924
10,000+	0.7924
50,000+	0.7924
100,000+	0.7924
500,000+	0.7924
1,000,000+	0.7924

Term	6 Months
5,000+	0.965
10,000+	0.965
50,000+	0.965
100,000+	0.965
500,000+	0.965
1,000,000+	0.965

Term	1 Year
5,000+	1.4752
10,000+	1.4752
50,000+	1.4752
100,000+	1.4752
500,000+	1.4752
1,000,000+	1.4752

Australian Dollars (AUD)
Term	5,000+	10,000+	50,000+	100,000+	500,000+	1,000,000+
3 Months	0.8734	0.8734	0.8734	0.8734	0.8734	0.8734
6 Months	0.9023	0.9023	0.9023	0.9023	0.9023	0.9023
1 Year	0.9602	0.9602	0.9602	0.9602	0.9602	0.9602

Australian Dollars (AUD)
Term	3 Months
5,000+	0.8734
10,000+	0.8734
50,000+	0.8734
100,000+	0.8734
500,000+	0.8734
1,000,000+	0.8734

Term	6 Months
5,000+	0.9023
10,000+	0.9023
50,000+	0.9023
100,000+	0.9023
500,000+	0.9023
1,000,000+	0.9023

Term	1 Year
5,000+	0.9602
10,000+	0.9602
50,000+	0.9602
100,000+	0.9602
500,000+	0.9602
1,000,000+	0.9602

New Zealand Dollars (NZD)
Term	5,000+	10,000+	50,000+	100,000+	500,000+	1,000,000+
3 Months	1.1107	1.1107	1.1107	1.1107	1.1107	1.1107
6 Months	1.1171	1.1171	1.1171	1.1171	1.1171	1.1171
1 Year	1.13	1.13	1.13	1.13	1.13	1.13

New Zealand Dollars (NZD)
Term	3 Months
5,000+	1.1107
10,000+	1.1107
50,000+	1.1107
100,000+	1.1107
500,000+	1.1107
1,000,000+	1.1107

Term	6 Months
5,000+	1.1171
10,000+	1.1171
50,000+	1.1171
100,000+	1.1171
500,000+	1.1171
1,000,000+	1.1171

Term	1 Year
5,000+	1.13
10,000+	1.13
50,000+	1.13
100,000+	1.13
500,000+	1.13
1,000,000+	1.13

Everyday Savings Rates

(Date format is dd/mm/yyyy)
Rates as of:
01/05/2024, 9:00 am

(Date format is dd/mm/yyyy)
Rates as of:	01/05/2024, 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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