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Time Deposit Account

Earn interest on deposits in EGP and major foreign currencies

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 annual interest rates1 for HSBC Premier customers by deposit time

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 annual interest rates1 for HSBC Premier customers by deposit time

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 annual interest rates1 for HSBC Advance and Personal Banking customers by deposit time

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 annual interest rates1 for HSBC Advance and Personal Banking customers by deposit time

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 01 October 2024.

HSBC Premier customers

USD annual interest rates1 for HSBC Premier customers by deposit time

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% 3.1% 3.35% 1.75% 1.90% 2.20%

USD annual interest rates1 for HSBC Premier customers by deposit time

USD deposit amount
 From USD 2,000 and above
1 month 0.20%
3 months 0.20%
6 months 3.1%
12 months 3.35%
18 months 1.75%
24 months 1.90%
36 months 2.20%

HSBC Advance and Personal Banking customers

USD annual interest rates1 for HSBC Advance and Personal Banking customers by deposit time

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% 3.0% 3.25% 1.65% 1.80% 2.10%

USD annual interest rates1 for HSBC Advance and Personal Banking customers by deposit time

USD deposit amount
 From USD 2,000 and above
1 month 0.10%
3 months 0.10%
6 months 3.0%
12 months 3.25%
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 annual interest rates1 for HSBC Premier customers by deposit time

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 annual interest rates1 for HSBC Premier customers by deposit time

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 annual interest rates1 for HSBC Advance and Personal Banking customers by deposit time

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 annual interest rates1 for HSBC Advance and Personal Banking customers by deposit time

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.

1Interest rates are indicative and subject to change at the sole discretion of HSBC Bank Egypt S.A.E.

2Call back is available from 9.30am to 3.30pm, Sunday to Thursday. If you ask for a call back outside these hours, we'll call you the next working day.

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