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:
26/07/2024, 9:00 am

(Date format is dd/mm/yyyy)
Rates as of:	26/07/2024, 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	1.604	1.604	1.604	1.7108	1.8176	1.9244
6 Months	1.5498	1.5498	1.5498	1.6537	1.7576	1.8616
1 Year	1.665	1.665	1.665	1.7631	1.8612	1.9592
2 Years	1.8373	1.8373	1.8373	1.9281	2.0189	2.1096
3 Years	1.8937	1.8937	1.8937	1.9801	2.0664	2.1527
4 Years	1.9985	1.9985	1.9985	2.0836	2.1688	2.2539
5 Years	2.1933	2.1933	2.1933	2.2773	2.3612	2.4452

Bermuda Dollar (BMD) / United States Dollar (USD)
Term	3 Months
5,000+	1.604
10,000+	1.604
50,000+	1.604
100,000+	1.7108
500,000+	1.8176
1,000,000+	1.9244

Term	6 Months
5,000+	1.5498
10,000+	1.5498
50,000+	1.5498
100,000+	1.6537
500,000+	1.7576
1,000,000+	1.8616

Term	1 Year
5,000+	1.665
10,000+	1.665
50,000+	1.665
100,000+	1.7631
500,000+	1.8612
1,000,000+	1.9592

Term	2 Years
5,000+	1.8373
10,000+	1.8373
50,000+	1.8373
100,000+	1.9281
500,000+	2.0189
1,000,000+	2.1096

Term	3 Years
5,000+	1.8937
10,000+	1.8937
50,000+	1.8937
100,000+	1.9801
500,000+	2.0664
1,000,000+	2.1527

Term	4 Years
5,000+	1.9985
10,000+	1.9985
50,000+	1.9985
100,000+	2.0836
500,000+	2.1688
1,000,000+	2.2539

Term	5 Years
5,000+	2.1933
10,000+	2.1933
50,000+	2.1933
100,000+	2.2773
500,000+	2.3612
1,000,000+	2.4452

British Pounds (GBP)
Term	5,000+	10,000+	50,000+	100,000+	500,000+	1,000,000+
3 Months	1.1856	1.1856	1.1856	1.1856	1.1856	1.1856
6 Months	1.0424	1.0424	1.0424	1.0424	1.0424	1.0424
1 Year	0.8974	0.8974	0.8974	0.8974	0.8974	0.8974
2 Years	0.7334	0.7334	0.7334	0.7334	0.7334	0.7334
3 Years	0.7318	0.7318	0.7318	0.7318	0.7318	0.7318
4 Years	0.7578	0.7578	0.7578	0.7578	0.7578	0.7578
5 Years	0.709	0.709	0.709	0.709	0.709	0.709

British Pounds (GBP)
Term	3 Months
5,000+	1.1856
10,000+	1.1856
50,000+	1.1856
100,000+	1.1856
500,000+	1.1856
1,000,000+	1.1856

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+	0.8974
10,000+	0.8974
50,000+	0.8974
100,000+	0.8974
500,000+	0.8974
1,000,000+	0.8974

Term	2 Years
5,000+	0.7334
10,000+	0.7334
50,000+	0.7334
100,000+	0.7334
500,000+	0.7334
1,000,000+	0.7334

Term	3 Years
5,000+	0.7318
10,000+	0.7318
50,000+	0.7318
100,000+	0.7318
500,000+	0.7318
1,000,000+	0.7318

Term	4 Years
5,000+	0.7578
10,000+	0.7578
50,000+	0.7578
100,000+	0.7578
500,000+	0.7578
1,000,000+	0.7578

Term	5 Years
5,000+	0.709
10,000+	0.709
50,000+	0.709
100,000+	0.709
500,000+	0.709
1,000,000+	0.709

Canadian Dollars (CAD)
Term	5,000+	10,000+	50,000+	100,000+	500,000+	1,000,000+
3 Months	0.7	0.7	0.7	0.7	0.7	0.7
6 Months	0.8664	0.8664	0.8664	0.8664	0.8664	0.8664
1 Year	1.3222	1.3222	1.3222	1.3222	1.3222	1.3222

Canadian Dollars (CAD)
Term	3 Months
5,000+	0.7
10,000+	0.7
50,000+	0.7
100,000+	0.7
500,000+	0.7
1,000,000+	0.7

Term	6 Months
5,000+	0.8664
10,000+	0.8664
50,000+	0.8664
100,000+	0.8664
500,000+	0.8664
1,000,000+	0.8664

Term	1 Year
5,000+	1.3222
10,000+	1.3222
50,000+	1.3222
100,000+	1.3222
500,000+	1.3222
1,000,000+	1.3222

Australian Dollars (AUD)
Term	5,000+	10,000+	50,000+	100,000+	500,000+	1,000,000+
3 Months	0.8793	0.8793	0.8793	0.8793	0.8793	0.8793
6 Months	0.8731	0.8731	0.8731	0.8731	0.8731	0.8731
1 Year	1.055	1.055	1.055	1.055	1.055	1.055

Australian Dollars (AUD)
Term	3 Months
5,000+	0.8793
10,000+	0.8793
50,000+	0.8793
100,000+	0.8793
500,000+	0.8793
1,000,000+	0.8793

Term	6 Months
5,000+	0.8731
10,000+	0.8731
50,000+	0.8731
100,000+	0.8731
500,000+	0.8731
1,000,000+	0.8731

Term	1 Year
5,000+	1.055
10,000+	1.055
50,000+	1.055
100,000+	1.055
500,000+	1.055
1,000,000+	1.055

New Zealand Dollars (NZD)
Term	5,000+	10,000+	50,000+	100,000+	500,000+	1,000,000+
3 Months	1.1279	1.1279	1.1279	1.1279	1.1279	1.1279
6 Months	1.1303	1.1303	1.1303	1.1303	1.1303	1.1303
1 Year	1.063	1.063	1.063	1.063	1.063	1.063

New Zealand Dollars (NZD)
Term	3 Months
5,000+	1.1279
10,000+	1.1279
50,000+	1.1279
100,000+	1.1279
500,000+	1.1279
1,000,000+	1.1279

Term	6 Months
5,000+	1.1303
10,000+	1.1303
50,000+	1.1303
100,000+	1.1303
500,000+	1.1303
1,000,000+	1.1303

Term	1 Year
5,000+	1.063
10,000+	1.063
50,000+	1.063
100,000+	1.063
500,000+	1.063
1,000,000+	1.063

Everyday Savings Rates

(Date format is dd/mm/yyyy)
Rates as of:
26/07/2024, 9:00 am

(Date format is dd/mm/yyyy)
Rates as of:	26/07/2024, 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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