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:
13/04/2021, 9:00 am

(Date format is dd/mm/yyyy)
Rates as of:	13/04/2021, 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	0	0	0	0	0	0
6 Months	0	0	0	0	0	0
1 Year	0.1375	0.1405	0.1435	0.1465	0.1495	0.1524
2 Years	0.2139	0.2219	0.2299	0.2379	0.2459	0.2539
3 Years	0.3537	0.3708	0.388	0.4051	0.4223	0.4394
4 Years	0.5161	0.5466	0.5772	0.6077	0.6383	0.6689
5 Years	0.6784	0.7224	0.7664	0.8104	0.8543	0.8983

Bermuda Dollar (BMD) / United States Dollar (USD)
Term	3 Months
5,000+	0
10,000+	0
50,000+	0
100,000+	0
500,000+	0
1,000,000+	0

Term	6 Months
5,000+	0
10,000+	0
50,000+	0
100,000+	0
500,000+	0
1,000,000+	0

Term	1 Year
5,000+	0.1375
10,000+	0.1405
50,000+	0.1435
100,000+	0.1465
500,000+	0.1495
1,000,000+	0.1524

Term	2 Years
5,000+	0.2139
10,000+	0.2219
50,000+	0.2299
100,000+	0.2379
500,000+	0.2459
1,000,000+	0.2539

Term	3 Years
5,000+	0.3537
10,000+	0.3708
50,000+	0.388
100,000+	0.4051
500,000+	0.4223
1,000,000+	0.4394

Term	4 Years
5,000+	0.5161
10,000+	0.5466
50,000+	0.5772
100,000+	0.6077
500,000+	0.6383
1,000,000+	0.6689

Term	5 Years
5,000+	0.6784
10,000+	0.7224
50,000+	0.7664
100,000+	0.8104
500,000+	0.8543
1,000,000+	0.8983

British Pounds (GBP)
Term	5,000+	10,000+	50,000+	100,000+	500,000+	1,000,000+
3 Months	0.0221	0.0194	0.0167	0.014	0.0112	0.0085
6 Months	0.0135	0.0131	0.0127	0.0123	0.0118	0.0114
1 Year	0.0024	0.002	0.0017	0.0014	0.001	0.0007
2 Years	0.0296	0.0337	0.0377	0.0418	0.0458	0.0499
3 Years	0.0969	0.1061	0.1152	0.1244	0.1335	0.1427
4 Years	0.164	0.1769	0.1897	0.2026	0.2154	0.2283
5 Years	0.2378	0.2563	0.2747	0.2932	0.3116	0.3301

British Pounds (GBP)
Term	3 Months
5,000+	0.0221
10,000+	0.0194
50,000+	0.0167
100,000+	0.014
500,000+	0.0112
1,000,000+	0.0085

Term	6 Months
5,000+	0.0135
10,000+	0.0131
50,000+	0.0127
100,000+	0.0123
500,000+	0.0118
1,000,000+	0.0114

Term	1 Year
5,000+	0.0024
10,000+	0.002
50,000+	0.0017
100,000+	0.0014
500,000+	0.001
1,000,000+	0.0007

Term	2 Years
5,000+	0.0296
10,000+	0.0337
50,000+	0.0377
100,000+	0.0418
500,000+	0.0458
1,000,000+	0.0499

Term	3 Years
5,000+	0.0969
10,000+	0.1061
50,000+	0.1152
100,000+	0.1244
500,000+	0.1335
1,000,000+	0.1427

Term	4 Years
5,000+	0.164
10,000+	0.1769
50,000+	0.1897
100,000+	0.2026
500,000+	0.2154
1,000,000+	0.2283

Term	5 Years
5,000+	0.2378
10,000+	0.2563
50,000+	0.2747
100,000+	0.2932
500,000+	0.3116
1,000,000+	0.3301

Canadian Dollars (CAD)
Term	5,000+	10,000+	50,000+	100,000+	500,000+	1,000,000+
3 Months	0.0565	0.0609	0.0652	0.0696	0.0739	0.0783
6 Months	0.0892	0.0955	0.1017	0.108	0.1142	0.1205
1 Year	0.1299	0.1382	0.1465	0.1548	0.1631	0.1714

Canadian Dollars (CAD)
Term	3 Months
5,000+	0.0565
10,000+	0.0609
50,000+	0.0652
100,000+	0.0696
500,000+	0.0739
1,000,000+	0.0783

Term	6 Months
5,000+	0.0892
10,000+	0.0955
50,000+	0.1017
100,000+	0.108
500,000+	0.1142
1,000,000+	0.1205

Term	1 Year
5,000+	0.1299
10,000+	0.1382
50,000+	0.1465
100,000+	0.1548
500,000+	0.1631
1,000,000+	0.1714

Australian Dollars (AUD)
Term	5,000+	10,000+	50,000+	100,000+	500,000+	1,000,000+
3 Months	0.0104	0.0122	0.014	0.0158	0.0176	0.0194
6 Months	0.0215	0.0238	0.026	0.0283	0.0305	0.0328
1 Year	0.0439	0.0471	0.0502	0.0534	0.0565	0.0597

Australian Dollars (AUD)
Term	3 Months
5,000+	0.0104
10,000+	0.0122
50,000+	0.014
100,000+	0.0158
500,000+	0.0176
1,000,000+	0.0194

Term	6 Months
5,000+	0.0215
10,000+	0.0238
50,000+	0.026
100,000+	0.0283
500,000+	0.0305
1,000,000+	0.0328

Term	1 Year
5,000+	0.0439
10,000+	0.0471
50,000+	0.0502
100,000+	0.0534
500,000+	0.0565
1,000,000+	0.0597

New Zealand Dollars (NZD)
Term	5,000+	10,000+	50,000+	100,000+	500,000+	1,000,000+
3 Months	0.1757	0.1932	0.2107	0.2282	0.2457	0.2632
6 Months	0.1836	0.2041	0.2246	0.2451	0.2656	0.2861
1 Year	0.1995	0.226	0.2525	0.279	0.3055	0.332

New Zealand Dollars (NZD)
Term	3 Months
5,000+	0.1757
10,000+	0.1932
50,000+	0.2107
100,000+	0.2282
500,000+	0.2457
1,000,000+	0.2632

Term	6 Months
5,000+	0.1836
10,000+	0.2041
50,000+	0.2246
100,000+	0.2451
500,000+	0.2656
1,000,000+	0.2861

Term	1 Year
5,000+	0.1995
10,000+	0.226
50,000+	0.2525
100,000+	0.279
500,000+	0.3055
1,000,000+	0.332

Everyday Savings Rates

(Date format is dd/mm/yyyy)
Rates as of:
01/04/2020, 9:00 am

(Date format is dd/mm/yyyy)
Rates as of:	01/04/2020, 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:
03/08/2020, 9:01 am

(Date format is dd/mm/yyyy)
Rates as of:	03/08/2020, 9:01 am

BMD
Rates	100 to 49,999.99	50,000 to 99,999.99	100,000 to 199,999.99	200,000 to 499,999.99	500,000 to 999,999.99	1,000,000+
Standard Rate	0.1	0.1	0.1	0.1	0.1	0.1
Bonus Rate	0.2	0.2	0.2	0.1	0.1	0.1
Total AER¹ (if no withdrawals are made)	0.3	0.3	0.3	0.2	0.2	0.2

BMD
Rates	Standard Rate
100 to 49,999.99	0.1
50,000 to 99,999.99	0.1
100,000 to 199,999.99	0.1
200,000 to 499,999.99	0.1
500,000 to 999,999.99	0.1
1,000,000+	0.1

Rates	Bonus Rate
100 to 49,999.99	0.2
50,000 to 99,999.99	0.2
100,000 to 199,999.99	0.2
200,000 to 499,999.99	0.1
500,000 to 999,999.99	0.1
1,000,000+	0.1

Rates	Total AER¹ (if no withdrawals are made)
100 to 49,999.99	0.3
50,000 to 99,999.99	0.3
100,000 to 199,999.99	0.3
200,000 to 499,999.99	0.2
500,000 to 999,999.99	0.2
1,000,000+	0.2

USD & CAD
Rates	100 to 49,999.99	50,000 to 99,999.99	100,000 to 199,999.99	200,000 to 499,999.99	500,000 to 999,999.99
Standard Rate	0	0	0	0	0
Bonus Rate	0.05	0.05	0.05	0.1	0.1
Total AER¹ (if no withdrawals are made)	0.05	0.05	0.05	0.1	0.1

USD & CAD
Rates	Standard Rate
100 to 49,999.99	0
50,000 to 99,999.99	0
100,000 to 199,999.99	0
200,000 to 499,999.99	0
500,000 to 999,999.99	0

Rates	Bonus Rate
100 to 49,999.99	0.05
50,000 to 99,999.99	0.05
100,000 to 199,999.99	0.05
200,000 to 499,999.99	0.1
500,000 to 999,999.99	0.1

Rates	Total AER¹ (if no withdrawals are made)
100 to 49,999.99	0.05
50,000 to 99,999.99	0.05
100,000 to 199,999.99	0.05
200,000 to 499,999.99	0.1
500,000 to 999,999.99	0.1

¹ AER - 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	0.20% AER

**Balance up to $15,000**
Rate	Standard interest rate
Interest	0.80%* AER

Rate	Bonus interest rate
Interest	0.20% AER

**Balance over $15,000**
Rate	Interest
Standard interest rate	0.10%** AER
Bonus interest rate	0.20% AER (up to $200k)

**Balance over $15,000**
Rate	Standard interest rate
Interest	0.10%** AER

Rate	Bonus interest rate
Interest	0.20% AER (up to $200k)

*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.

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

Disclaimer

This site is primarily intended for those who access it from within Bermuda. Because of this, we cannot guarantee that the Site or the information thereon complies with law or regulation of other countries, or is appropriate for use, in other places. You are wholly responsible for use of the Site by any person using your computer and you must ensure that any such person complies with these Terms. The information provided on this Site is not intended for distribution to, or use by, any person in any jurisdiction where such distribution or use would be contrary to law or regulation. This Site should not be considered as communicating any invitation or inducement to engage in banking of investment activity or any offer to buy or sell any securities or other instruments outside Bermuda.

Deposit Rate

Term Deposit Rates

Everyday Savings Rates

Quarterly Bonus Saver Rate

MySavings Youth Account Interest Rates

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