Manage your savings and watch them grow online
Save your way with our online savings account. Enjoy competitive fixed interest rates, applicable on the entire balance and paid monthly into your account, with convenient ways to manage, deposit or withdraw your money. And all with no minimum balance requirement and no monthly account fees.
- Make deposits through online banking, cheque deposit machines or telegraphic transfers[@fees-and-charges-apply]
- Top up your savings through recurring monthly payments or lump sum deposits
- Withdraw your money through online banking or via telegraphic transfers[@fees-and-charges-apply]
- Transfer funds within the UAE and abroad in multiple currencies
Interest rates
Rates up to:
3.00% AER (fixed)[@apresaver]
Rate information
All fixed interest rates quoted are Annual Equivalent Rates. This is a notional rate, which illustrates what the credit interest will be if interest were paid for a full calendar year.
You will earn interest on each and every Dirham in your account. E-Saver Account interest is calculated on your daily closing balance and paid monthly. The interest will accrue for each calendar day in a month, eg if the daily closing balance is AED 2 million, then the corresponding interest rate of 2% set out in the table will be applicable on the entire AED 2 million. Similarly, if the daily closing balance is AED 6 million then the corresponding interest rate of 3% set out in the above table will be applicable on the entire AED 6 million deposit.
If you do more than one debit in one calendar month, you will not earn any interest for that calendar month.
| Full balance of E-Saver Account | Interest rates applicable (p.a) |
|---|---|
| Less than AED 100,000 | 0.50% |
| Starting from AED 100,000 and less than AED 500,000 |
1.00% |
| Starting from AED 500,000 and less than AED 1 million | 1.50% |
| Starting from AED 1 million and less than AED 5 million | 2.00% |
| Starting from AED 5 million and above | 3.00% |
| Full balance of E-Saver Account | Less than AED 100,000 |
|---|---|
| Interest rates applicable (p.a) |
0.50% |
| Full balance of E-Saver Account |
Starting from AED 100,000 and less than AED 500,000 |
| Interest rates applicable (p.a) |
1.00% |
| Full balance of E-Saver Account | Starting from AED 500,000 and less than AED 1 million |
| Interest rates applicable (p.a) |
1.50% |
| Full balance of E-Saver Account | Starting from AED 1 million and less than AED 5 million |
| Interest rates applicable (p.a) |
2.00% |
| Full balance of E-Saver Account | Starting from AED 5 million and above |
| Interest rates applicable (p.a) |
3.00% |
Things to know
Who can apply?
You can apply for an E-Saver Account if you are:
- over 18
- a UAE national or a UAE resident holding a valid UAE residence visa
Get started
New to HSBC?
Apply online to instantly confirm your eligibility. Once you've applied, you could get an approval in principle in just 5 minutes.
Already an HSBC customer?
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