Grow your money with higher interest rates
An HSBC Time Deposit account offers competitive interest rates and the flexibility to choose a maturity date that best suits your needs. Deposits are available in Egyptian pounds and major foreign currencies.
The minimum deposit amount is EGP 10,000 or USD 2,000 or its equivalent in any other foreign currency. If the combined average balance is not maintained, individual account balances and service monthly charges apply.
What you'll get with a Time Deposit
Competitive interest rates
A choice of currencies: open your account in Egyptian pounds or major foreign currencies
Fixed interest rate for a pre-specified period from 1 week up to 36 months
A roll-over facility to automatically renew your deposit
Interest on maturity or on a monthly basis (optional for the 12 months EGP and 24/36 months USD Time Deposits) or reinvest it as per your instructions. The interest may be added to the principal or credited to a separate account
Eligibility for finance, a credit card or secured overdraft against the time deposit
No need to maintain minimum balance requirements for current or savings accounts for principle and interest credit
EGP Time Deposit tier-based interest rates
The following tier-based interest rates per annum are applied on your EGP Time Deposit(s) starting 23 June 2022.
HSBC Premier customers
| EGP deposit amount |
Less than 1 month |
1 month | 2 months | 3 months | 6 months | 12 months |
|---|---|---|---|---|---|---|
| From EGP 10,000 and less than EGP 100,000 |
2.30% |
1.50% |
1.60% |
1.75% |
2.25% |
7.75% |
| From EGP 100,000 and less than EGP 500,000 |
2.45% |
2.25% |
2.50% |
2.75% |
3.25% |
7.75% |
| From EGP 500,000 and less than EGP 1 million |
2.60% |
3.25% |
3.50% |
3.75% |
4.25% |
7.75% |
| From EGP 1 million |
2.75% |
4.50% |
4.60% |
4.75% |
5.00% |
7.75% |
| EGP deposit amount |
From EGP 10,000 and less than EGP 100,000 |
|---|---|
| Less than 1 month |
2.30% |
| 1 month |
1.50% |
| 2 months |
1.60% |
| 3 months |
1.75% |
| 6 months |
2.25% |
| 12 months |
7.75% |
| EGP deposit amount |
From EGP 100,000 and less than EGP 500,000 |
| Less than 1 month |
2.45% |
| 1 month |
2.25% |
| 2 months |
2.50% |
| 3 months |
2.75% |
| 6 months |
3.25% |
| 12 months |
7.75% |
| EGP deposit amount |
From EGP 500,000 and less than EGP 1 million |
| Less than 1 month |
2.60% |
| 1 month |
3.25% |
| 2 months |
3.50% |
| 3 months |
3.75% |
| 6 months |
4.25% |
| 12 months |
7.75% |
| EGP deposit amount |
From EGP 1 million |
| Less than 1 month |
2.75% |
| 1 month |
4.50% |
| 2 months |
4.60% |
| 3 months |
4.75% |
| 6 months |
5.00% |
| 12 months |
7.75% |
HSBC Advance and Personal Banking customers
| EGP deposit amount |
Less than 1 month |
1 month | 2 months | 3 months | 6 months | 12 months |
|---|---|---|---|---|---|---|
| From EGP 10,000 and less than EGP 100,000 |
2.05% |
1.25% |
1.35% |
1.50% |
2.00% |
7.50% |
| From EGP 100,000 and less than EGP 500,000 |
2.20% |
2.00% |
2.25% |
2.50% |
3.00% |
7.50% |
| From EGP 500,000 and less than EGP 1 million |
2.35% |
3.00% |
3.25% |
3.50% |
4.00% |
7.50% |
| From EGP 1 million |
2.50% |
4.25% |
4.35% |
4.50% |
4.75% |
7.50% |
| EGP deposit amount |
From EGP 10,000 and less than EGP 100,000 |
|---|---|
| Less than 1 month |
2.05% |
| 1 month |
1.25% |
| 2 months |
1.35% |
| 3 months |
1.50% |
| 6 months |
2.00% |
| 12 months |
7.50% |
| EGP deposit amount |
From EGP 100,000 and less than EGP 500,000 |
| Less than 1 month |
2.20% |
| 1 month |
2.00% |
| 2 months |
2.25% |
| 3 months |
2.50% |
| 6 months |
3.00% |
| 12 months |
7.50% |
| EGP deposit amount |
From EGP 500,000 and less than EGP 1 million |
| Less than 1 month |
2.35% |
| 1 month |
3.00% |
| 2 months |
3.25% |
| 3 months |
3.50% |
| 6 months |
4.00% |
| 12 months |
7.50% |
| EGP deposit amount |
From EGP 1 million |
| Less than 1 month |
2.50% |
| 1 month |
4.25% |
| 2 months |
4.35% |
| 3 months |
4.50% |
| 6 months |
4.75% |
| 12 months |
7.50% |
USD Time Deposit interest rates
The following interest rates per annum are applied on your USD Time Deposit(s) starting 20 March 2024.
HSBC Premier customers
| USD deposit amount |
1 month | 3 months | 6 months | 12 months | 18 months | 24 months | 36 months |
|---|---|---|---|---|---|---|---|
| From USD 2,000 and above |
0.20% | 0.20% | 3.5% | 4.7% | 1.75% | 1.90% | 2.20% |
| USD deposit amount |
From USD 2,000 and above |
|---|---|
| 1 month | 0.20% |
| 3 months | 0.20% |
| 6 months | 3.5% |
| 12 months | 4.7% |
| 18 months | 1.75% |
| 24 months | 1.90% |
| 36 months | 2.20% |
HSBC Advance and Personal Banking customers
| USD deposit amount |
1 month | 3 months | 6 months | 12 months | 18 months | 24 months | 36 months |
|---|---|---|---|---|---|---|---|
| From USD 2,000 and above |
0.10% | 0.10% | 3.4% | 4.6% | 1.65% | 1.80% | 2.10% |
| USD deposit amount |
From USD 2,000 and above |
|---|---|
| 1 month | 0.10% |
| 3 months | 0.10% |
| 6 months | 3.4% |
| 12 months | 4.6% |
| 18 months | 1.65% |
| 24 months | 1.80% |
| 36 months | 2.10% |
EUR Time Deposit tier-based interest rates
The following tier-based interest rates per annum are applied on your EUR Time Deposit(s) starting 1 October 2018.
HSBC Premier customers
| EUR deposit amount |
3 months | 6 months | 12 months | 24 months |
|---|---|---|---|---|
| Starting from EUR 2,000 and above |
0.20% | 0.30% | 0.40% | 0.50% |
| EUR deposit amount |
Starting from EUR 2,000 and above |
|---|---|
| 3 months | 0.20% |
| 6 months | 0.30% |
| 12 months | 0.40% |
| 24 months | 0.50% |
HSBC Advance and Personal Banking customers
| EUR deposit amount |
3 months | 6 months | 12 months | 24 months |
|---|---|---|---|---|
| From EUR 2,000 and above |
0.10% | 0.20% | 0.30% | 0.40% |
| EUR deposit amount |
From EUR 2,000 and above |
|---|---|
| 3 months | 0.10% |
| 6 months | 0.20% |
| 12 months | 0.30% |
| 24 months | 0.40% |
How to apply
Any resident or non-resident may open a Time Deposit account. Existing account holders may open a Time Deposit via online banking.
We'll call you
Request a call back to start your application. Our team is available weekdays from 9.30am to 3.30pm and will be in touch within 120 minutes.2
Call us
Contact us by phone every day from 9am to 11pm.
Tel: 19007 (within Egypt)
Tel: +202 3535 9100 (outside Egypt)
Visit a branch
Visit your nearest branch to speak to us in person.
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