HSBC Time Deposit Accounts | Grow your savings

HSBC SG
Accounts
Time deposit

HSBC Time Deposit Account

A smart and convenient way to grow your money.

Attractive interest rates
Flexible deposit period
Automatic renewal
Minimum deposit of SGD5,000 to open an account
Easy account opening through HSBC Singapore App

Find out how to apply for HSBC Time Deposit Account

Time Deposit Promotions

From now till 30 April 2025, enjoy promotional rates on 3-month, 6-month and 12-month SGD Time Deposits with a minimum deposit of SGD30,000 in fresh funds. Please refer to the HSBC Singapore App for applicable promotional time deposit interest rates (“Promotional Rate”).

For placements that are not made through the HSBC Singapore App, the applicable Promotional Rates are as follows:
Customer Segment	Tenure	Promotional SGD Time Deposit¹
Premier and Premier Elite customers with investment holdings	3-month	2.30% p.a.
Premier and Premier Elite customers with investment holdings	6-month	2.30% p.a.
Premier and Premier Elite customers with investment holdings	12-month	2.20% p.a.
Premier and Premier Elite customers without investment holdings	3-month	2.10% p.a.
Premier and Premier Elite customers without investment holdings	6-month	2.10% p.a.
Premier and Premier Elite customers without investment holdings	12-month	2.00% p.a.
Personal Banking customers	3-month	1.90% p.a.
Personal Banking customers	6-month	1.90% p.a.
Personal Banking customers	12-month	1.80% p.a.

For placements that are not made through the HSBC Singapore App, the applicable Promotional Rates are as follows:
Customer Segment	Premier and Premier Elite customers with investment holdings
Tenure	3-month
Promotional SGD Time Deposit¹	2.30% p.a.

Customer Segment	Premier and Premier Elite customers with investment holdings
Tenure	6-month
Promotional SGD Time Deposit¹	2.30% p.a.

Customer Segment	Premier and Premier Elite customers with investment holdings
Tenure	12-month
Promotional SGD Time Deposit¹	2.20% p.a.

Customer Segment	Premier and Premier Elite customers without investment holdings
Tenure	3-month
Promotional SGD Time Deposit¹	2.10% p.a.

Customer Segment	Premier and Premier Elite customers without investment holdings
Tenure	6-month
Promotional SGD Time Deposit¹	2.10% p.a.

Customer Segment	Premier and Premier Elite customers without investment holdings
Tenure	12-month
Promotional SGD Time Deposit¹	2.00% p.a.

Customer Segment	Personal Banking customers
Tenure	3-month
Promotional SGD Time Deposit¹	1.90% p.a.

Customer Segment	Personal Banking customers
Tenure	6-month
Promotional SGD Time Deposit¹	1.90% p.a.

Customer Segment	Personal Banking customers
Tenure	12-month
Promotional SGD Time Deposit¹	1.80% p.a.

To make a deposit at our promotional rates, please visit us at our branches or contact your Relationship Manager.

Interested in USD Time Deposit instead? Click here to find out more

New to HSBC? You'll need a deposit account first. Open one easily.

Contact Me contact form of Time Deposit Promotions

Apply for HSBC Time Deposit Account

Please log in to HSBC Singapore App or Online Banking to make an SGD deposit at our Board Rates. To make a deposit at our promotional rates, please visit us at our branches or contact your Relationship Manager.

Don't have Online Banking?

Step 1: Open a deposit account now

New to HSBC and living in Singapore?

You are eligible to apply for an Everyday Global account on the HSBC Singapore app if you currently don't have an:

HSBC credit card
HSBC bank account
HSBC mortgage
HSBC insurance

Download our app now

Find out more about the Everyday Global Account here.

Step 2: Open a Time Deposit Account

To make a deposit at our promotional rates, please visit us at our branches or contact your Relationship Manager.

To make a deposit at our board rates, please log in to HSBC Singapore App or Online Banking.

The easiest way to open an account is in the HSBC Singapore App. Just follow these instructions:

Select 'Time Deposit' on the 'Home' tab
Choose your debiting account, deposit amount, currency and tenure. You will then see the interest rate, interest amount and what you'll receive at the end of your term
Select 'Continue' and open your account
You can also open a HSBC Time Deposit Account in online banking

You need an HSBC deposit account to open a Time Deposit account.

Contact us

Leave us your contact details and our Wealth Manager will be in touch with you within 3 working days.

Contact me link to the contact me page

You can also call your Relationship Manager directly, or contact us through our telephone banking hotline at:

1800 - HSBC NOW (4722 669)

If you are overseas, please call +(65) 6-HSBC-NOW (4722 669)

Things you should know

Singapore Dollars Deposit Rates

Foreign Currency Time Deposits

Terms and Conditions

¹HSBC SGD Time Deposit Promotion Terms and Conditions apply.

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

Important Notes

Premature withdrawal of any Time Deposit is subject to the HSBC Account User Agreement. Please note that premature withdrawal charges may apply if your Time Deposit is not held to maturity. As a result, you may receive less than the original Time Deposit placement amount. For all premature withdrawal of the Time Deposits, interest payments (if any) will be calculated at the Bank's discretion.

Time Deposit Account