Money Market Account

This savings account gives you access to the Money Market with HSBC Bank and offers real flexibility if you've got £2,000 - £49,999 or £50,000 or more to save.

If you opt for a fixed rate of interest, your rate will be fixed for the term meaning your deposit will earn interest at the rate quoted at the outset. For deposits of £50,000 or more we also have a variable rate option.

For deposits between £2,000 - £49,999

• fixed terms of 6 months, 1, 2 or 3 years
• interest is paid at maturity or anniversary for terms greater than one year. Monthly interest option also available.
• you can open more than one Money Market Account with a fixed rate of interest.

For deposits of £50,000 or more

• fixed agreed personal interest rate for the duration of the term from overnight to 5 years. Periods of less than 7 days require a minimum deposit of £250,000.
• you can also choose a variable interest rate
• interest is paid at maturity or each anniversary for saving terms greater than one year. Monthly interest is available for terms of 6 months or longer.
• you can open more than one Money Market Account with a fixed or variable rate of interest.