HSBC's Online Savings Account combines the interest rate of a savings account with the instant access and ease-of-use of a transactional account, all in one.
Using an Online Savings Account is the perfect way to leverage the balance of money that you would normally keep in a transactional account. By having your salary paid directly into the account, you can earn high interest and also use the funds for your day to day banking.
The account is also a great place to hold your money between investment decisions, as you do not have to worry about the inconvenience of providing notice to withdraw or transfer money .
There is no need to maintain a minimum balance once you have opened your account, but your interest rate will be affected by your account balance.
If you have a question about the Online Savings Account, please review our frequently asked questions.
If your question is not addressed here, please email us or call us on 0800 80 23 80
1Interest rates are subject to change. Balances under NZ$14,999 earn a lower interest rate.
2Fees apply to international payments and to other ATM network and overseas ATM transactions. Please refer to our Retail Banking and Wealth Management Fees and Charges guide for a full list of fees and charges.