Choose a 1-year or 2-year term, and deposit any amount from £2,000 to £1 million

Get a fixed rate of interest for the duration of the term. Earn between 4.05% AER / gross and 3.80% AER / gross, depending on the term you choose

Reinvest your savings. Before the end of the term, we'll write to you to ask you if you want to withdraw your money, start a new Fixed Rate Saver or discuss your options

Interest paid directly into your account. We’ll pay your interest into the HSBC account you used to pay your initial deposit

Know exactly what you'll get. Your interest rate remains fixed throughout the term, so you’ll know in advance exactly how much interest you'll earn

Close early if you need to. Provided the deposit is under £50,000, you can close the account early for a fee of 90 days’ interest. Do bear in mind that depending on when the withdrawal is made, you may get back less than you originally invested. If the deposit is £50,000 or over, you can't close your account or withdraw any money until the end of the deposit term