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:
03/05/2024, 9:00 am

(Date format is dd/mm/yyyy)
Rates as of:	03/05/2024, 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	1.64	1.64	1.64	1.7482	1.8564	1.9646
6 Months	1.627	1.627	1.627	1.7346	1.8422	1.9498
1 Year	1.833	1.833	1.833	1.9371	2.0412	2.1452
2 Years	2.111	2.111	2.111	2.2105	2.31	2.4094
3 Years	2.2237	2.2237	2.2237	2.3199	2.416	2.5122
4 Years	2.348	2.348	2.348	2.4426	2.5371	2.6317
5 Years	2.5927	2.5927	2.5927	2.6857	2.7786	2.8716

Bermuda Dollar (BMD) / United States Dollar (USD)
Term	3 Months
5,000+	1.64
10,000+	1.64
50,000+	1.64
100,000+	1.7482
500,000+	1.8564
1,000,000+	1.9646

Term	6 Months
5,000+	1.627
10,000+	1.627
50,000+	1.627
100,000+	1.7346
500,000+	1.8422
1,000,000+	1.9498

Term	1 Year
5,000+	1.833
10,000+	1.833
50,000+	1.833
100,000+	1.9371
500,000+	2.0412
1,000,000+	2.1452

Term	2 Years
5,000+	2.111
10,000+	2.111
50,000+	2.111
100,000+	2.2105
500,000+	2.31
1,000,000+	2.4094

Term	3 Years
5,000+	2.2237
10,000+	2.2237
50,000+	2.2237
100,000+	2.3199
500,000+	2.416
1,000,000+	2.5122

Term	4 Years
5,000+	2.348
10,000+	2.348
50,000+	2.348
100,000+	2.4426
500,000+	2.5371
1,000,000+	2.6317

Term	5 Years
5,000+	2.5927
10,000+	2.5927
50,000+	2.5927
100,000+	2.6857
500,000+	2.7786
1,000,000+	2.8716

British Pounds (GBP)
Term	5,000+	10,000+	50,000+	100,000+	500,000+	1,000,000+
3 Months	1.2018	1.2018	1.2018	1.2018	1.2018	1.2018
6 Months	1.1296	1.1296	1.1296	1.1296	1.1296	1.1296
1 Year	0.9738	0.9738	0.9738	0.9738	0.9738	0.9738
2 Years	0.9158	0.9158	0.9158	0.9158	0.9158	0.9158
3 Years	0.9062	0.9062	0.9062	0.9062	0.9062	0.9062
4 Years	0.912	0.912	0.912	0.912	0.912	0.912
5 Years	0.8946	0.8946	0.8946	0.8946	0.8946	0.8946

British Pounds (GBP)
Term	3 Months
5,000+	1.2018
10,000+	1.2018
50,000+	1.2018
100,000+	1.2018
500,000+	1.2018
1,000,000+	1.2018

Term	6 Months
5,000+	1.1296
10,000+	1.1296
50,000+	1.1296
100,000+	1.1296
500,000+	1.1296
1,000,000+	1.1296

Term	1 Year
5,000+	0.9738
10,000+	0.9738
50,000+	0.9738
100,000+	0.9738
500,000+	0.9738
1,000,000+	0.9738

Term	2 Years
5,000+	0.9158
10,000+	0.9158
50,000+	0.9158
100,000+	0.9158
500,000+	0.9158
1,000,000+	0.9158

Term	3 Years
5,000+	0.9062
10,000+	0.9062
50,000+	0.9062
100,000+	0.9062
500,000+	0.9062
1,000,000+	0.9062

Term	4 Years
5,000+	0.912
10,000+	0.912
50,000+	0.912
100,000+	0.912
500,000+	0.912
1,000,000+	0.912

Term	5 Years
5,000+	0.8946
10,000+	0.8946
50,000+	0.8946
100,000+	0.8946
500,000+	0.8946
1,000,000+	0.8946

Canadian Dollars (CAD)
Term	5,000+	10,000+	50,000+	100,000+	500,000+	1,000,000+
3 Months	0.782	0.782	0.782	0.782	0.782	0.782
6 Months	0.9738	0.9738	0.9738	0.9738	0.9738	0.9738
1 Year	1.4664	1.4664	1.4664	1.4664	1.4664	1.4664

Canadian Dollars (CAD)
Term	3 Months
5,000+	0.782
10,000+	0.782
50,000+	0.782
100,000+	0.782
500,000+	0.782
1,000,000+	0.782

Term	6 Months
5,000+	0.9738
10,000+	0.9738
50,000+	0.9738
100,000+	0.9738
500,000+	0.9738
1,000,000+	0.9738

Term	1 Year
5,000+	1.4664
10,000+	1.4664
50,000+	1.4664
100,000+	1.4664
500,000+	1.4664
1,000,000+	1.4664

Australian Dollars (AUD)
Term	5,000+	10,000+	50,000+	100,000+	500,000+	1,000,000+
3 Months	0.8694	0.8694	0.8694	0.8694	0.8694	0.8694
6 Months	0.8426	0.8426	0.8426	0.8426	0.8426	0.8426
1 Year	0.789	0.789	0.789	0.789	0.789	0.789

Australian Dollars (AUD)
Term	3 Months
5,000+	0.8694
10,000+	0.8694
50,000+	0.8694
100,000+	0.8694
500,000+	0.8694
1,000,000+	0.8694

Term	6 Months
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	1 Year
5,000+	0.789
10,000+	0.789
50,000+	0.789
100,000+	0.789
500,000+	0.789
1,000,000+	0.789

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:
03/05/2024, 9:00 am

(Date format is dd/mm/yyyy)
Rates as of:	03/05/2024, 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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