Loyalty Cash ISA — HSBC Premier
3.00% AER / 2.96% tax-free
- Rate type
- Variable
- Access
- Instant access
- Minimum
- £1 to open
- Withdrawals
- Instant, but withdrawn money cannot be replaced
Cash ISA
HSBC Cash ISA
HSBC's easy-access ISA is called the Loyalty Cash ISA, and the name is the point: it is available only to HSBC current account customers, and the rate you get depends on which current account you hold. A separate fixed-rate Cash ISA pays more.
Last updated: 9 September 2026
At a glance
3 ISAs covered
- Easy-access ISA is current-account customers only
- Rate depends on Premier status
- Not a flexible ISA
The accounts
HSBC Cash ISAs
Rates and terms as published by HSBC and read on 9 September 2026. Confirm anything that affects your decision on the provider's own page before you apply.
Loyalty Cash ISA — other current accounts
2.50% AER / 2.47% tax-free
- Rate type
- Variable
- Access
- Instant access
- Minimum
- £1 to open
- Withdrawals
- Instant, but withdrawn money cannot be replaced
Fixed Rate Cash ISA
4.00% AER / tax-free
- Rate type
- Fixed for the term
- Access
- Fixed term
- Minimum
- Not published on the ISA comparison page
- Withdrawals
- Check the account terms before applying
The rules
Eligibility, transfers and protection
- Who can apply
- The Loyalty Cash ISA is exclusively for HSBC current account customers
- Access
- App, online, telephone and branches
- Transfers in
- Accepted — HSBC publishes a transfer-in route
- Flexible ISA
- No. HSBC states money withdrawn does not change how much allowance you have used
- Deposit protection
- FSCS protected up to £120,000
- Allowance
- £1 minimum deposit, up to £20,000 for the tax year
Before you commit an allowance
What to check first
- You cannot open the Loyalty Cash ISA without an HSBC current account. It is a reward for banking with HSBC rather than an account open to the market.
- Even among HSBC customers the rate is tiered: Premier customers get 3.00%, everyone else 2.50%. Check which tier you are in before comparing it against other banks.
- It is not a flexible ISA. HSBC's own wording is that a withdrawal will not change how much of your annual allowance you have already used, so money taken out is allowance lost.
- The 4.00% fixed rate is a different product with a fixed term, not an alternative rate on the same account.
A Cash ISA allowance is annual and does not roll over. Read how the providers compare before committing it to one bank.
Comparing HSBC's Cash ISA?
See how it sits against the other UK banks offering a Cash ISA, or read the full review of the bank behind it.