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HSBC Term Deposit account

Grow your money with HSBC Term Deposit

Open an HSBC fixed term deposit account and watch your money grow.

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An HSBC Term Deposit account is suitable for customers who do not need immediate access to their money and who would like to earn a higher rate of interest than a savings account.

With an HSBC Term Deposit account, you get:

  • Competitive interest rates
    Interest rate up to 1.40% per annum* over the term of the deposit, payable upon maturity
  • Choice of currencies
    Your Term Deposit account is available in AED, USD or GBP
  • Low minimum deposit requirement
    AED 10,000 or USD/GBP 5,000
  • Choice of terms
    1,2,3,4,6,9 and 12 months
  • Opportunity to maximise returns
    Choose to reinvest both principal and interest on maturity
  • 24/7 banking to suit your needs
    Free online banking, Phone Banking, Mobile Banking and text message alerts

New Term Deposit rates, effective 1 July 2017

For HSBC Premier customers:

Full Balance of the Term Deposit Interest Rates applicable from 1 July, 2017*
1 Month 2 Months 3 Months 4 Months 6 Months 9 Months 12 Months
Less than AED 150,000 0.10% 0.20% 0.30% 0.65% 0.80% 1.00% 1.15%
From AED 150,000 and less than AED 750,000 0.15% 0.22% 0.35% 0.70% 0.85% 1.10% 1.25%
AED 750,000 and above 0.20% 0.25% 0.40% 0.75% 0.90% 1.15% 1.40%


HSBC Advance and Personal Banking Customers:

Full Balance of the Term Deposit Interest Rates applicable from 1 July, 2017*
1 Month 2 Months 3 Months 4 Months 6 Months 9 Months 12 Months
Less than AED 150,000 0.08% 0.18% 0.28% 0.63% 0.78% 0.98% 1.13%
From AED 150,000 and less than AED 750,000 0.13% 0.20% 0.33% 0.68% 0.83% 1.08% 1.23%
AED 750,000 and above 0.18% 0.23% 0.38% 0.73% 0.88% 1.13% 1.38%

*Interest rates are subject to change from time to time at the sole discretion of HSBC Bank Middle East Limited. The interest rate applicable to your existing term deposit will remain unchanged for the entire term of the deposit. For more information about the interest rates applicable for particular deposit amounts, currencies and terms, please contact one of our Premier Relationship Managers or any branch or call centre.

If you decide to break your Term Deposit before the end of the term, fees and charges may apply and, in addition, you may lose some of all of your interest on your Term Deposit.

Fees & Charges 

Withdrawal of Term Deposits before the end of the term will result in the following:

Withdrawals made within the first 30 days – no interest will be paid If withdrawals are made after 30 days – historical interest rate for the tenure of deposit held minus 1% will be paid. If this results in the interest rate being 0% or lower, only the principal amount will be repaid.

If you decide to break your Term Deposit before the end of the term, fees and charges may apply and, in addition, you may lose some of all of your interest on your Term Deposit.

For our Schedule of Tariffs and Charges click here

Required Documents

You need to complete our account opening process by visiting any of our Branches or Customer Service Centres, with the following documents:

  • Original passport (for all customers)
  • Valid residence visa (for non-GCC National customers only)
  • Original Emirates Identification Card (for all customers)
  • Proof of UAE residence in the form of a utility bill/ rental/ lease agreement/ employment letter (for all customers)
  • Original labour card/work ID (for female applicants on father's/husband's sponsorship)
  • Original trade license (for all self-employed customers)

You must have an HSBC Current or Savings account for the duration of any Term Deposit. For joint deposits, all account holders must hold an HSBC Current or Savings account either jointly or separately in their sole names.



For Personal Banking Terms and Conditions click here

Ready to apply?

Start the process using any of the following options


Have us call you

Have us call you

Apply by phone
call us on 800 444 7776


Apply online

For any other query call us:

600 55 4722 within UAE
+97142288007 outside UAE



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You are leaving hsbc.ae

This link may allow you to access a non - HSBC website. HSBC Bank Middle East Limited has no control over the linked website and is not liable for your use of it.

You are leaving hsbc.ae

This link may allow you to access a non - HSBC website. HSBC Bank Middle East Limited has no control over the linked website and is not liable for your use of it.

You are leaving hsbc.ae

This link may allow you to access a non - HSBC website. HSBC Bank Middle East Limited has no control over the linked website and is not liable for your use of it.

You are leaving hsbc.ae

This link may allow you to access another HSBC Group website. Please read the terms and conditions of the linked website, which may differ from the terms and conditions of HSBC Bank Middle East Limited website.

How to apply

Are you already an HSBC UAE customer?

Or call: 600 55 4722

What if I'm not eligible

HSBC works to develop products and services to meet your requirements. To simplify the criteria for each product we provide a minimum salary or deposit criteria.


Find out more about HSBC Term Deposit

Thank you for wishing to bank with HSBC. To apply for this product simply click Apply Now to fill out your details and let one of our experienced HSBC representatives call you back. Alternatively you can call us on the number below, whatever is more convenient for you.

Or call: 600 55 4722