HSBC Term Deposit Account

Grow your money with a HSBC Term Deposit Account.

Benefits

  • Competitive interest rates
    Interest rate up to 2.00%1 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
  • 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
  • Choice of terms
    Starting from 1 month and up to 36 months

1Standard HSBC fees and charges apply.

New term deposit rates, effective 28 November 20192

HSBC Premier interest rates by deposit term in AED
 
Full balance of the term deposit 1 month 2 months 3 months 4 months 6 months 9 months 12 months 13 months 18 months 24 months 36 months
Less than AED 150,000 0.45% 0.55% 0.65% 0.80% 1.00% 1.25% 1.35% 1.37% 1.40% 1.45% 1.55%
From AED 150,000 and less than AED 750,000 0.50% 0.60% 0.65% 0.90% 1.15% 1.35% 1.50% 1.52% 1.55% 1.65% 1.75%
Starting from AED 750,000 and above 0.65% 0.70% 0.90% 1.10% 1.35% 1.55% 1.75% 1.77% 1.80% 1.90% 2.00%
HSBC Premier interest rates by deposit term in AED
 
Full balance of the term deposit Less than AED 150,000
1 month 0.45%
2 months 0.55%
3 months 0.65%
4 months 0.80%
6 months 1.00%
9 months 1.25%
12 months 1.35%
13 months 1.37%
18 months 1.40%
24 months 1.45%
36 months 1.55%
Full balance of the term deposit From AED 150,000 and less than AED 750,000
1 month 0.50%
2 months 0.60%
3 months 0.65%
4 months 0.90%
6 months 1.15%
9 months 1.35%
12 months 1.50%
13 months 1.52%
18 months 1.55%
24 months 1.65%
36 months 1.75%
Full balance of the term deposit Starting from AED 750,000 and above
1 month 0.65%
2 months 0.70%
3 months 0.90%
4 months 1.10%
6 months 1.35%
9 months 1.55%
12 months 1.75%
13 months 1.77%
18 months 1.80%
24 months 1.90%
36 months 2.00%
HSBC Premier interest rates by deposit term in USD
Full balance of USD Term Deposit 1 Month 2 Months 3 Months 6 Months 9 Months 12 Months
Less than USD 5,000 0% 0%
0%
0%
0%
0%
More than USD 5,000 0.05% 0.10% 0.15% 0.50% 0.60% 0.75%
HSBC Premier interest rates by deposit term in USD
Full balance of USD Term Deposit Less than USD 5,000
1 Month 0%
2 Months 0%
3 Months 0%
6 Months 0%
9 Months 0%
12 Months 0%
Full balance of USD Term Deposit More than USD 5,000
1 Month 0.05%
2 Months 0.10%
3 Months 0.15%
6 Months 0.50%
9 Months 0.60%
12 Months 0.75%
HSBC Advance and Personal banking interest rates by deposit term in AED
 
Full balance of the term deposit 1 month 2 months 3 months 4 months 6 months 9 months 12 months 13 months 18 months 24 months 36 months
Less than AED 150,000 0.43% 0.53% 0.63% 0.78% 0.98% 1.23% 1.33% 1.35% 1.38% 1.43% 1.53%
From AED 150,000 and less than AED 750,000 0.48% 0.58% 0.63% 0.88% 1.13% 1.33% 1.48% 1.50% 1.53% 1.63% 1.73%
Starting from AED 750,000 and above 0.63% 0.68% 0.88% 1.08% 1.33% 1.53% 1.73% 1.75% 1.78% 1.88% 1.98%
HSBC Advance and Personal banking interest rates by deposit term in AED
 
Full balance of the term deposit Less than AED 150,000
1 month 0.43%
2 months 0.53%
3 months 0.63%
4 months 0.78%
6 months 0.98%
9 months 1.23%
12 months 1.33%
13 months 1.35%
18 months 1.38%
24 months 1.43%
36 months 1.53%
Full balance of the term deposit From AED 150,000 and less than AED 750,000
1 month 0.48%
2 months 0.58%
3 months 0.63%
4 months 0.88%
6 months 1.13%
9 months 1.33%
12 months 1.48%
13 months 1.50%
18 months 1.53%
24 months 1.63%
36 months 1.73%
Full balance of the term deposit Starting from AED 750,000 and above
1 month 0.63%
2 months 0.68%
3 months 0.88%
4 months 1.08%
6 months 1.33%
9 months 1.53%
12 months 1.73%
13 months 1.75%
18 months 1.78%
24 months 1.88%
36 months 1.98%
HSBC Advance and Personal banking interest rates by deposit term in USD
Full balance of USD Term Deposit 1 Month 2 Months 3 Months 6 Months 9 Months 12 Months
Less than USD 5,000 0% 0%
0%
0%
0%
0%
More than USD 5,000 0.04% 0.09% 0.14% 0.49% 0.59% 0.74%
HSBC Advance and Personal banking interest rates by deposit term in USD
Full balance of USD Term Deposit Less than USD 5,000
1 Month 0%
2 Months 0%
3 Months 0%
6 Months 0%
9 Months 0%
12 Months 0%
Full balance of USD Term Deposit More than USD 5,000
1 Month 0.04%
2 Months 0.09%
3 Months 0.14%
6 Months 0.49%
9 Months 0.59%
12 Months 0.74%

2Interest 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 deposit will remain unchanged for the duration of the term. 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 deposit before the end of its term, fees and charges may apply and, in addition, you may lose some or all of your interest.

Fees and 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 or all of your interest on your term deposit.

Documents required to apply

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 licence (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.

Apply now

Apply by phone

Call us on 800 444 7776

For any other query

For any other query call us:

600 55 4722 within UAE

+97142288007 outside UAE

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