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:
15/07/2024, 9:00 am

(Date format is dd/mm/yyyy)
Rates as of:	15/07/2024, 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	1.6198	1.6198	1.6198	1.7275	1.8352	1.943
6 Months	1.6006	1.6006	1.6006	1.7064	1.8123	1.9181
1 Year	1.7946	1.7946	1.7946	1.8949	1.9952	2.0956
2 Years	2.0424	2.0424	2.0424	2.1349	2.2275	2.3201
3 Years	2.1122	2.1122	2.1122	2.2004	2.2887	2.377
4 Years	2.2135	2.2135	2.2135	2.3001	2.3866	2.4731
5 Years	2.4063	2.4063	2.4063	2.4911	2.5759	2.6606

Bermuda Dollar (BMD) / United States Dollar (USD)
Term	3 Months
5,000+	1.6198
10,000+	1.6198
50,000+	1.6198
100,000+	1.7275
500,000+	1.8352
1,000,000+	1.943

Term	6 Months
5,000+	1.6006
10,000+	1.6006
50,000+	1.6006
100,000+	1.7064
500,000+	1.8123
1,000,000+	1.9181

Term	1 Year
5,000+	1.7946
10,000+	1.7946
50,000+	1.7946
100,000+	1.8949
500,000+	1.9952
1,000,000+	2.0956

Term	2 Years
5,000+	2.0424
10,000+	2.0424
50,000+	2.0424
100,000+	2.1349
500,000+	2.2275
1,000,000+	2.3201

Term	3 Years
5,000+	2.1122
10,000+	2.1122
50,000+	2.1122
100,000+	2.2004
500,000+	2.2887
1,000,000+	2.377

Term	4 Years
5,000+	2.2135
10,000+	2.2135
50,000+	2.2135
100,000+	2.3001
500,000+	2.3866
1,000,000+	2.4731

Term	5 Years
5,000+	2.4063
10,000+	2.4063
50,000+	2.4063
100,000+	2.4911
500,000+	2.5759
1,000,000+	2.6606

British Pounds (GBP)
Term	5,000+	10,000+	50,000+	100,000+	500,000+	1,000,000+
3 Months	1.1676	1.1676	1.1676	1.1676	1.1676	1.1676
6 Months	1.0424	1.0424	1.0424	1.0424	1.0424	1.0424
1 Year	1.0128	1.0128	1.0128	1.0128	1.0128	1.0128
2 Years	0.891	0.891	0.891	0.891	0.891	0.891
3 Years	0.8844	0.8844	0.8844	0.8844	0.8844	0.8844
4 Years	0.8954	0.8954	0.8954	0.8954	0.8954	0.8954
5 Years	0.874	0.874	0.874	0.874	0.874	0.874

British Pounds (GBP)
Term	3 Months
5,000+	1.1676
10,000+	1.1676
50,000+	1.1676
100,000+	1.1676
500,000+	1.1676
1,000,000+	1.1676

Term	6 Months
5,000+	1.0424
10,000+	1.0424
50,000+	1.0424
100,000+	1.0424
500,000+	1.0424
1,000,000+	1.0424

Term	1 Year
5,000+	1.0128
10,000+	1.0128
50,000+	1.0128
100,000+	1.0128
500,000+	1.0128
1,000,000+	1.0128

Term	2 Years
5,000+	0.891
10,000+	0.891
50,000+	0.891
100,000+	0.891
500,000+	0.891
1,000,000+	0.891

Term	3 Years
5,000+	0.8844
10,000+	0.8844
50,000+	0.8844
100,000+	0.8844
500,000+	0.8844
1,000,000+	0.8844

Term	4 Years
5,000+	0.8954
10,000+	0.8954
50,000+	0.8954
100,000+	0.8954
500,000+	0.8954
1,000,000+	0.8954

Term	5 Years
5,000+	0.874
10,000+	0.874
50,000+	0.874
100,000+	0.874
500,000+	0.874
1,000,000+	0.874

Canadian Dollars (CAD)
Term	5,000+	10,000+	50,000+	100,000+	500,000+	1,000,000+
3 Months	0.7376	0.7376	0.7376	0.7376	0.7376	0.7376
6 Months	0.9478	0.9478	0.9478	0.9478	0.9478	0.9478
1 Year	1.4476	1.4476	1.4476	1.4476	1.4476	1.4476

Canadian Dollars (CAD)
Term	3 Months
5,000+	0.7376
10,000+	0.7376
50,000+	0.7376
100,000+	0.7376
500,000+	0.7376
1,000,000+	0.7376

Term	6 Months
5,000+	0.9478
10,000+	0.9478
50,000+	0.9478
100,000+	0.9478
500,000+	0.9478
1,000,000+	0.9478

Term	1 Year
5,000+	1.4476
10,000+	1.4476
50,000+	1.4476
100,000+	1.4476
500,000+	1.4476
1,000,000+	1.4476

Australian Dollars (AUD)
Term	5,000+	10,000+	50,000+	100,000+	500,000+	1,000,000+
3 Months	0.878	0.878	0.878	0.878	0.878	0.878
6 Months	0.885	0.885	0.885	0.885	0.885	0.885
1 Year	0.8988	0.8988	0.8988	0.8988	0.8988	0.8988

Australian Dollars (AUD)
Term	3 Months
5,000+	0.878
10,000+	0.878
50,000+	0.878
100,000+	0.878
500,000+	0.878
1,000,000+	0.878

Term	6 Months
5,000+	0.885
10,000+	0.885
50,000+	0.885
100,000+	0.885
500,000+	0.885
1,000,000+	0.885

Term	1 Year
5,000+	0.8988
10,000+	0.8988
50,000+	0.8988
100,000+	0.8988
500,000+	0.8988
1,000,000+	0.8988

New Zealand Dollars (NZD)
Term	5,000+	10,000+	50,000+	100,000+	500,000+	1,000,000+
3 Months	1.1021	1.1021	1.1021	1.1021	1.1021	1.1021
6 Months	1.1034	1.1034	1.1034	1.1034	1.1034	1.1034
1 Year	1.106	1.106	1.106	1.106	1.106	1.106

New Zealand Dollars (NZD)
Term	3 Months
5,000+	1.1021
10,000+	1.1021
50,000+	1.1021
100,000+	1.1021
500,000+	1.1021
1,000,000+	1.1021

Term	6 Months
5,000+	1.1034
10,000+	1.1034
50,000+	1.1034
100,000+	1.1034
500,000+	1.1034
1,000,000+	1.1034

Term	1 Year
5,000+	1.106
10,000+	1.106
50,000+	1.106
100,000+	1.106
500,000+	1.106
1,000,000+	1.106

Everyday Savings Rates

(Date format is dd/mm/yyyy)
Rates as of:
15/07/2024, 9:00 am

(Date format is dd/mm/yyyy)
Rates as of:	15/07/2024, 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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