HSBC cuts its US dollar savings rate from 0.375% to 0.25%
The Bank’s tiered interest rate structure with effect from 19 September 2025 is as follows:
| Account balance (USD) | Interest rate per annum |
|---|---|
| 1,000 and above | 0.25% |
| Below 1,000 | 0% |
Note to editors:
HSBC’s tiered interest rate structure
HSBC’s tiered interest rate structure is applied to the US dollar savings deposit rates offered under HSBC Premier Elite, HSBC Premier, HSBC One, Personal Integrated Accounts, US Dollar Passbook Savings, CombiNations Savings / Statement Savings and Business Integrated Accounts.
The Hongkong and Shanghai Banking Corporation Limited
The Hongkong and Shanghai Banking Corporation Limited is the founding member of the HSBC Group. HSBC serves customers worldwide from offices in 57 countries and territories. With assets of US$3,214bn at 30 June 2025, HSBC is one of the world’s largest banking and financial services organisations.
HSBC cuts its US dollar savings rate from 0.375% to 0.25% (1-page PDF 14.6KB)