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:
26/04/2024, 9:00 am

(Date format is dd/mm/yyyy)
Rates as of:	26/04/2024, 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	1.6186	1.6186	1.6186	1.7268	1.8351	1.9433
6 Months	1.6075	1.6075	1.6075	1.715	1.8225	1.93
1 Year	1.8291	1.8291	1.8291	1.9324	2.0357	2.1391
2 Years	2.0726	2.0726	2.0726	2.1718	2.271	2.3702
3 Years	2.1782	2.1782	2.1782	2.274	2.3699	2.4658
4 Years	2.2926	2.2926	2.2926	2.3871	2.4815	2.576
5 Years	2.5285	2.5285	2.5285	2.6216	2.7146	2.8077

Bermuda Dollar (BMD) / United States Dollar (USD)
Term	3 Months
5,000+	1.6186
10,000+	1.6186
50,000+	1.6186
100,000+	1.7268
500,000+	1.8351
1,000,000+	1.9433

Term	6 Months
5,000+	1.6075
10,000+	1.6075
50,000+	1.6075
100,000+	1.715
500,000+	1.8225
1,000,000+	1.93

Term	1 Year
5,000+	1.8291
10,000+	1.8291
50,000+	1.8291
100,000+	1.9324
500,000+	2.0357
1,000,000+	2.1391

Term	2 Years
5,000+	2.0726
10,000+	2.0726
50,000+	2.0726
100,000+	2.1718
500,000+	2.271
1,000,000+	2.3702

Term	3 Years
5,000+	2.1782
10,000+	2.1782
50,000+	2.1782
100,000+	2.274
500,000+	2.3699
1,000,000+	2.4658

Term	4 Years
5,000+	2.2926
10,000+	2.2926
50,000+	2.2926
100,000+	2.3871
500,000+	2.4815
1,000,000+	2.576

Term	5 Years
5,000+	2.5285
10,000+	2.5285
50,000+	2.5285
100,000+	2.6216
500,000+	2.7146
1,000,000+	2.8077

British Pounds (GBP)
Term	5,000+	10,000+	50,000+	100,000+	500,000+	1,000,000+
3 Months	1.0796	1.0796	1.0796	1.0796	1.0796	1.0796
6 Months	1.0386	1.0386	1.0386	1.0386	1.0386	1.0386
1 Year	0.978	0.978	0.978	0.978	0.978	0.978
2 Years	0.954	0.954	0.954	0.954	0.954	0.954
3 Years	0.9166	0.9166	0.9166	0.9166	0.9166	0.9166
4 Years	0.9056	0.9056	0.9056	0.9056	0.9056	0.9056
5 Years	0.871	0.871	0.871	0.871	0.871	0.871

British Pounds (GBP)
Term	3 Months
5,000+	1.0796
10,000+	1.0796
50,000+	1.0796
100,000+	1.0796
500,000+	1.0796
1,000,000+	1.0796

Term	6 Months
5,000+	1.0386
10,000+	1.0386
50,000+	1.0386
100,000+	1.0386
500,000+	1.0386
1,000,000+	1.0386

Term	1 Year
5,000+	0.978
10,000+	0.978
50,000+	0.978
100,000+	0.978
500,000+	0.978
1,000,000+	0.978

Term	2 Years
5,000+	0.954
10,000+	0.954
50,000+	0.954
100,000+	0.954
500,000+	0.954
1,000,000+	0.954

Term	3 Years
5,000+	0.9166
10,000+	0.9166
50,000+	0.9166
100,000+	0.9166
500,000+	0.9166
1,000,000+	0.9166

Term	4 Years
5,000+	0.9056
10,000+	0.9056
50,000+	0.9056
100,000+	0.9056
500,000+	0.9056
1,000,000+	0.9056

Term	5 Years
5,000+	0.871
10,000+	0.871
50,000+	0.871
100,000+	0.871
500,000+	0.871
1,000,000+	0.871

Canadian Dollars (CAD)
Term	5,000+	10,000+	50,000+	100,000+	500,000+	1,000,000+
3 Months	0.7704	0.7704	0.7704	0.7704	0.7704	0.7704
6 Months	0.987	0.987	0.987	0.987	0.987	0.987
1 Year	1.4562	1.4562	1.4562	1.4562	1.4562	1.4562

Canadian Dollars (CAD)
Term	3 Months
5,000+	0.7704
10,000+	0.7704
50,000+	0.7704
100,000+	0.7704
500,000+	0.7704
1,000,000+	0.7704

Term	6 Months
5,000+	0.987
10,000+	0.987
50,000+	0.987
100,000+	0.987
500,000+	0.987
1,000,000+	0.987

Term	1 Year
5,000+	1.4562
10,000+	1.4562
50,000+	1.4562
100,000+	1.4562
500,000+	1.4562
1,000,000+	1.4562

Australian Dollars (AUD)
Term	5,000+	10,000+	50,000+	100,000+	500,000+	1,000,000+
3 Months	0.8624	0.8624	0.8624	0.8624	0.8624	0.8624
6 Months	0.8557	0.8557	0.8557	0.8557	0.8557	0.8557
1 Year	0.8422	0.8422	0.8422	0.8422	0.8422	0.8422

Australian Dollars (AUD)
Term	3 Months
5,000+	0.8624
10,000+	0.8624
50,000+	0.8624
100,000+	0.8624
500,000+	0.8624
1,000,000+	0.8624

Term	6 Months
5,000+	0.8557
10,000+	0.8557
50,000+	0.8557
100,000+	0.8557
500,000+	0.8557
1,000,000+	0.8557

Term	1 Year
5,000+	0.8422
10,000+	0.8422
50,000+	0.8422
100,000+	0.8422
500,000+	0.8422
1,000,000+	0.8422

New Zealand Dollars (NZD)
Term	5,000+	10,000+	50,000+	100,000+	500,000+	1,000,000+
3 Months	1.0875	1.0875	1.0875	1.0875	1.0875	1.0875
6 Months	1.08	1.08	1.08	1.08	1.08	1.08
1 Year	1.065	1.065	1.065	1.065	1.065	1.065

New Zealand Dollars (NZD)
Term	3 Months
5,000+	1.0875
10,000+	1.0875
50,000+	1.0875
100,000+	1.0875
500,000+	1.0875
1,000,000+	1.0875

Term	6 Months
5,000+	1.08
10,000+	1.08
50,000+	1.08
100,000+	1.08
500,000+	1.08
1,000,000+	1.08

Term	1 Year
5,000+	1.065
10,000+	1.065
50,000+	1.065
100,000+	1.065
500,000+	1.065
1,000,000+	1.065

Everyday Savings Rates

(Date format is dd/mm/yyyy)
Rates as of:
26/04/2024, 9:00 am

(Date format is dd/mm/yyyy)
Rates as of:	26/04/2024, 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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