Quarterly Bonus Saver Account
Our Quarterly Bonus Saver Account is an instant access account with an additional bonus interest if no withdrawals are made.
Existing customers can open a new account from the comfort of your home using online banking.
Benefits
Standard interest rates of 0.10% on BMD deposits
Automatically given to the account regardless of withdrawals, the account just needs to maintain a minimum $100 balance.
Easy to open
Apply for a Quarterly Bonus Saver online through personal online banking or make an appointment with a Premium Banker or Premier Relationship Manager.
Available in Bermuda dollars, US dollars and Canadian dollars
Easy access to your money
No notice required for withdrawals.
Things you should know
- The minimum opening balance for this account is BMD$100, USD$100 or CAD$100
- Standard interest - automatically given to the account when it is opened. The standard interest is calculated daily and paid monthly to your Quarterly Bonus Saver Account on the first business day of the next calendar month. Where the first day of the month is not a business day, the interest amount will include any interest accrued up to (but not including) the first business day of the month. No interest will be paid for any day when the balance is below the minimum balance requirements (ie $100).
- Bonus interest - interest paid in addition to the standard rate if no withdrawals are made within a qualifying 3 month period. If withdrawals are made from the account, the qualifying 3 month period will reset on the first business day of the next month, if the withdrawal did not take the balance under the $100 minimum requirement.
- View the Quarterly Bonus Saver Interest Rates
Apply now
See how much you can save
Find out how much you can earn with our Quarterly Bonus Saver calculator.
Apply by phone
Call us on +1 441 299 5959 to book an appointment.
Related products
Statement Savings Account
Get easy access to your savings and a variable interest rate with this savings account.
Fixed Term Deposit Account
Earn interest at a fixed rate when you deposit your money on a short-term or long-term basis.
Additional information
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.