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HSBC CD Rates for 2024

Kailey Hagen
By: Kailey Hagen

Our Banking Expert

Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures our experts’ opinions aren’t influenced by compensation. Terms may apply to offers listed on this page. APY = Annual Percentage Yield. APYs are subject to change at any time without notice.

HSBC CD interest rates are competitive compared to other top banks. If you're interested in a safe, short-term investing opportunity, you should give HSBC CDs a closer look. Keep reading to learn more about HSBC CD rates and how they compare to other top banks' CDs.

HSBC CD rates for 2024

  • 6 APY: 3.75%
  • 12 APY: 4.50%
  • 24 APY: 3.75%
Rates as of June 7, 2024

APY = Annual Percentage Yield

6 Mo.
1 Yr.
2 Yr.

Compare HSBC CD rates

When you compare HSBC CD interest rates to brick-and-mortar banks, HSBC's competitive rates stand above the rest. Here's a closer look at how they compare to some of the other top CDs.

Rates as of June 7, 2024
Bank & CD Offer APY Term Min. Deposit Next Steps
APY: 4.70% Term: 1 Year Min. Deposit:  $2,500
APY: 5.05% Term: 1 Year Min. Deposit:  $1
APY: 5.15% Term: 9 Months Min. Deposit:  $1
Member FDIC.
APY: 4.75% Term: 1 Year Min. Deposit:  $500

Details of the HSBC CD


  • High APYs
  • No monthly fees


  • Few terms
  • High minimum deposit

HSBC CD Review

HSBC's short term CDs are pretty competitive. If you'd like to earn a decent amount of interest on your savings, but you're not ready to commit to a long-term CD, HSBC CDs are a great option. However, if you're interested in building a CD ladder, you may want to look elsewhere -- HSBC doesn't offer CDs longer than two years and requires a high minimum deposit.

Other HSBC CD accounts

HSBC does not offer any other types of CDs at present.

Our CDs methodology

At The Motley Fool Ascent, certificates of deposit (CDs) are rated on a scale of one to five stars, primarily focusing on annual percentage yield (APY) and early withdrawal penalty fees. Our highest-rated CDs generally include competitive APYs without complex qualification tiers, low withdrawal fees, reliable brand trust and reputation, and ease of use.

Learn more about how The Motley Fool Ascent rates bank accounts.


  • An HSBC CD is a good fit for those with at least $1,000 to spare who want to earn a competitive interest rate on a short-term CD.

  • An HSBC CD can help you grow your savings at a higher rate than you'll find with many savings accounts, as long as you can leave your money untouched for a few months.

  • An HSBC CD is a great fit for those interested in competitive short-term CDs, though those interested in long-term CDs will have to look elsewhere.

Our Banking Expert