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:
17/05/2024, 9:00 am

(Date format is dd/mm/yyyy)
Rates as of:	17/05/2024, 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	1.6206	1.6206	1.6206	1.7286	1.8367	1.9447
6 Months	1.6134	1.6134	1.6134	1.721	1.8285	1.9361
1 Year	1.8116	1.8116	1.8116	1.9151	2.0186	2.1222
2 Years	2.0459	2.0459	2.0459	2.143	2.2401	2.3371
3 Years	2.1229	2.1229	2.1229	2.216	2.3092	2.4023
4 Years	2.2308	2.2308	2.2308	2.3224	2.4139	2.5055
5 Years	2.4488	2.4488	2.4488	2.5388	2.6288	2.7187

Bermuda Dollar (BMD) / United States Dollar (USD)
Term	3 Months
5,000+	1.6206
10,000+	1.6206
50,000+	1.6206
100,000+	1.7286
500,000+	1.8367
1,000,000+	1.9447

Term	6 Months
5,000+	1.6134
10,000+	1.6134
50,000+	1.6134
100,000+	1.721
500,000+	1.8285
1,000,000+	1.9361

Term	1 Year
5,000+	1.8116
10,000+	1.8116
50,000+	1.8116
100,000+	1.9151
500,000+	2.0186
1,000,000+	2.1222

Term	2 Years
5,000+	2.0459
10,000+	2.0459
50,000+	2.0459
100,000+	2.143
500,000+	2.2401
1,000,000+	2.3371

Term	3 Years
5,000+	2.1229
10,000+	2.1229
50,000+	2.1229
100,000+	2.216
500,000+	2.3092
1,000,000+	2.4023

Term	4 Years
5,000+	2.2308
10,000+	2.2308
50,000+	2.2308
100,000+	2.3224
500,000+	2.4139
1,000,000+	2.5055

Term	5 Years
5,000+	2.4488
10,000+	2.4488
50,000+	2.4488
100,000+	2.5388
500,000+	2.6288
1,000,000+	2.7187

British Pounds (GBP)
Term	5,000+	10,000+	50,000+	100,000+	500,000+	1,000,000+
3 Months	1.0602	1.0602	1.0602	1.0602	1.0602	1.0602
6 Months	1.0438	1.0438	1.0438	1.0438	1.0438	1.0438
1 Year	0.9358	0.9358	0.9358	0.9358	0.9358	0.9358
2 Years	0.8666	0.8666	0.8666	0.8666	0.8666	0.8666
3 Years	0.8308	0.8308	0.8308	0.8308	0.8308	0.8308
4 Years	0.8354	0.8354	0.8354	0.8354	0.8354	0.8354
5 Years	0.811	0.811	0.811	0.811	0.811	0.811

British Pounds (GBP)
Term	3 Months
5,000+	1.0602
10,000+	1.0602
50,000+	1.0602
100,000+	1.0602
500,000+	1.0602
1,000,000+	1.0602

Term	6 Months
5,000+	1.0438
10,000+	1.0438
50,000+	1.0438
100,000+	1.0438
500,000+	1.0438
1,000,000+	1.0438

Term	1 Year
5,000+	0.9358
10,000+	0.9358
50,000+	0.9358
100,000+	0.9358
500,000+	0.9358
1,000,000+	0.9358

Term	2 Years
5,000+	0.8666
10,000+	0.8666
50,000+	0.8666
100,000+	0.8666
500,000+	0.8666
1,000,000+	0.8666

Term	3 Years
5,000+	0.8308
10,000+	0.8308
50,000+	0.8308
100,000+	0.8308
500,000+	0.8308
1,000,000+	0.8308

Term	4 Years
5,000+	0.8354
10,000+	0.8354
50,000+	0.8354
100,000+	0.8354
500,000+	0.8354
1,000,000+	0.8354

Term	5 Years
5,000+	0.811
10,000+	0.811
50,000+	0.811
100,000+	0.811
500,000+	0.811
1,000,000+	0.811

Canadian Dollars (CAD)
Term	5,000+	10,000+	50,000+	100,000+	500,000+	1,000,000+
3 Months	0.7804	0.7804	0.7804	0.7804	0.7804	0.7804
6 Months	0.9688	0.9688	0.9688	0.9688	0.9688	0.9688
1 Year	1.4438	1.4438	1.4438	1.4438	1.4438	1.4438

Canadian Dollars (CAD)
Term	3 Months
5,000+	0.7804
10,000+	0.7804
50,000+	0.7804
100,000+	0.7804
500,000+	0.7804
1,000,000+	0.7804

Term	6 Months
5,000+	0.9688
10,000+	0.9688
50,000+	0.9688
100,000+	0.9688
500,000+	0.9688
1,000,000+	0.9688

Term	1 Year
5,000+	1.4438
10,000+	1.4438
50,000+	1.4438
100,000+	1.4438
500,000+	1.4438
1,000,000+	1.4438

Australian Dollars (AUD)
Term	5,000+	10,000+	50,000+	100,000+	500,000+	1,000,000+
3 Months	0.865	0.865	0.865	0.865	0.865	0.865
6 Months	0.8602	0.8602	0.8602	0.8602	0.8602	0.8602
1 Year	0.8504	0.8504	0.8504	0.8504	0.8504	0.8504

Australian Dollars (AUD)
Term	3 Months
5,000+	0.865
10,000+	0.865
50,000+	0.865
100,000+	0.865
500,000+	0.865
1,000,000+	0.865

Term	6 Months
5,000+	0.8602
10,000+	0.8602
50,000+	0.8602
100,000+	0.8602
500,000+	0.8602
1,000,000+	0.8602

Term	1 Year
5,000+	0.8504
10,000+	0.8504
50,000+	0.8504
100,000+	0.8504
500,000+	0.8504
1,000,000+	0.8504

New Zealand Dollars (NZD)
Term	5,000+	10,000+	50,000+	100,000+	500,000+	1,000,000+
3 Months	1.1014	1.1014	1.1014	1.1014	1.1014	1.1014
6 Months	1.1023	1.1023	1.1023	1.1023	1.1023	1.1023
1 Year	1.104	1.104	1.104	1.104	1.104	1.104

New Zealand Dollars (NZD)
Term	3 Months
5,000+	1.1014
10,000+	1.1014
50,000+	1.1014
100,000+	1.1014
500,000+	1.1014
1,000,000+	1.1014

Term	6 Months
5,000+	1.1023
10,000+	1.1023
50,000+	1.1023
100,000+	1.1023
500,000+	1.1023
1,000,000+	1.1023

Term	1 Year
5,000+	1.104
10,000+	1.104
50,000+	1.104
100,000+	1.104
500,000+	1.104
1,000,000+	1.104

Everyday Savings Rates

(Date format is dd/mm/yyyy)
Rates as of:
17/05/2024, 9:00 am

(Date format is dd/mm/yyyy)
Rates as of:	17/05/2024, 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:
05/01/2023, 9:00 am

(Date format is dd/mm/yyyy)
Rates as of:	05/01/2023, 9:00 am

BMD
Rates	100 to 500,000+
Standard Rate¹	0.05
Bonus Rate²	0.45
Total AER³	0.50

BMD
Rates	Standard Rate¹
100 to 500,000+	0.05

Rates	Bonus Rate²
100 to 500,000+	0.45

Rates	Total AER³
100 to 500,000+	0.50

USD
Rates	100 to 500,000+
Standard Rate¹	0.05
Bonus Rate²	0.45
Total AER³	0.50

USD
Rates	Standard Rate¹
100 to 500,000+	0.05

Rates	Bonus Rate²
100 to 500,000+	0.45

Rates	Total AER³
100 to 500,000+	0.50

CAD
Rates	100 to 500,000+
Standard Rate¹	0.05
Bonus Rate²	0.20
Total AER³	0.25

CAD
Rates	Standard Rate¹
100 to 500,000+	0.05

Rates	Bonus Rate²
100 to 500,000+	0.20

Rates	Total AER³
100 to 500,000+	0.25

¹ AER - Interest earned on an annual basis.

²Interest paid in addition to the standard rate if no withdrawals are made within a Qualifying 3 Month period.

³AER – Annual Equivalent Rate which is 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	0.45% AER
Total APR (if no withdrawals are made)	1.25% AER

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

Rate	Bonus interest rate
Interest	0.45% AER

Rate	Total APR (if no withdrawals are made)
Interest	1.25% AER

**Balance over $15,000**
Rate	Interest
Standard interest rate	0.05%** AER
Bonus interest rate	0.45% AER (up to $200k)
Total APR (if no withdrawals are made)	0.50% AER

**Balance over $15,000**
Rate	Standard interest rate
Interest	0.05%** AER

Rate	Bonus interest rate
Interest	0.45% AER (up to $200k)

Rate	Total APR (if no withdrawals are made)
Interest	0.50% AER

*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.

**Balance up to $15,000**
Rate	Interest
Standard interest rate	0.05%* AER
Bonus interest rate	0.45% AER
Total APR (if no withdrawals are made)	0.50% AER

**Balance up to $15,000**
Rate	Standard interest rate
Interest	0.05%* AER

Rate	Bonus interest rate
Interest	0.45% AER

Rate	Total APR (if no withdrawals are made)
Interest	0.50% AER

**Balance up to $15,000**
Rate	Interest
Standard interest rate	0.05%* AER
Bonus interest rate	0.20% AER
Total APR (if no withdrawals are made)	0.25% AER

**Balance up to $15,000**
Rate	Standard interest rate
Interest	0.05%* AER

Rate	Bonus interest rate
Interest	0.20% AER

Rate	Total APR (if no withdrawals are made)
Interest	0.25% AER

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.

Deposit Rate

Term Deposit Rates

Everyday Savings Rates

Quarterly Bonus Saver Rate

MySavings Youth Account Interest Rates

BMD

USD

CAD

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