Top of main content

Important Notices

Important notices

Quarterly Bonus Saver bonus interest rate changes

Effective 3 August the Bank will be making adjustments to the Quarterly Bonus Saver’s Bermuda Dollar bonus interest rate. Please find the rate sheet here.

Notice - Late and Overlimit Fees for Credit Cards

On 20 March, to support customers facing challenges due to the onset of the COVID-19 pandemic, HSBC committed to reversing Late and Overlimit Fees for Credit Cards for a 3 month period from 20 March – 20 June, 2020.

Effective 21 June 2020, Late and Overlimit Fees for Credit Cards will be reinstated.

Effective 1 May 2020: Base Lending Rate impacting Retail and Business customers

The Bank will decrease its base lending rate for Retail & Business customers effective 1 May 2020.
The base rate for Bermuda dollar residential mortgages and consumer loans will decrease by 0.25% to 3.50%. The base rate for Business clients will decrease by 0.5% to 4.25%.

The Bank will be sending letter notification to impacted clients advising of this change prior to 1 May 2020.

Effective 4 April 2020 the Quarterly Bonus Saver standard and bonus interest rates will be changing.

The Bank will be adjusting the Quarterly Bonus Saver’s standard and bonus interest rate effective 4 April 2020. Further details on the standard and bonus interest rates are available below. 

Stay up to date

To stay informed, follow us on our Facebook and Twitter profiles.

Listening to what you have to say about our services matters to us.