Top of main content

New Money Certificate of Deposit (CD)

Earn more with our highest yield CD when you fund with New Money. Exclusively for Premier clients.

Here's what you get with a New Money CD

If you're already a Premier[@premiereligibility] client, you can earn our best CD rates when you fund your CD with New Money[@newmoney]. Choose a term that suits you best and enjoy a fixed interest rate until maturity. 

  • Choose from a 6, 9, 12, or 24-month New Money CD and benefit from fixed interest rates[@apynewmoneycd]. A minimum deposit of $1,000 is required.
  • Easy account opening and convenient management via online banking.
  • You get peace of mind because your savings are covered by our $0 Liability, Online Guarantee[@onlineguaranteecd].

Annual Percentage Yields (APYs)[@apyasterisk]

6 months
4.20% APY

9 months
4.20% APY

12 months
4.10% APY

24 months
3.90% APY

Your options after your New Money CD matures

Your entire New Money CD balance will automatically renew into another New Money CD of the same term, at the interest rate and APY in effect at maturity. Chat with us 24/7 on our mobile app or call 800.975.4722 to get the latest interest rate and APY.

Alternatively, you can choose to:

  • Add or withdraw funds[@graceperiodcd]
  • Renew into a different New Money CD term
  • Move your funds to your other HSBC accounts

Things to know

What you'll need to apply

To open a New Money CD account, you must be an HSBC Premier client with a new or existing HSBC Premier checking account and:

  • Be at least 18 years of age
  • Have a U.S. residential address
  • Have details of your non-HSBC account that you will use to fund your New Money CD

What happens next? 

Already an HSBC U.S. customer?

You can apply online in minutes, if you're already a Premier customer. Log on to apply today.

New to HSBC?

You'll need an HSBC Premier checking account before you can apply.

Alternatively call us today at 888.662.4722 (clients outside the US or Canada call 716.841.6866)

Frequently asked questions

What does 'New Money' mean? 

How is the New Money CD different from the Online CD? 

Can I open a New Money CD through a Wealth Center or by telephone? 

What will the rate be at renewal? 

You might be interested in

Make your Premier[@premiereligibility] relationship work harder for you with an Online CD that locks in an APY to give you steady earnings.
Benefit from tiered interest that offers higher rates on higher balances.
Make the most of life, no matter where you are now or where you’re going next.
The sooner you start saving for retirement, the more comfortable you’ll be.

Additional information

    Disclaimers 

    Procedures for opening a new account

    To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person or entity that opens an account.

    What this means for you: If you open a personal account, we will ask for your name, address, taxpayer identification number, date of birth, and other information that will allow us to identify you. Additionally, we will take certain steps to verify your identity, such as asking for your driver's license or other identifying documents or checking other sources. Similar identification requirements apply to non-personal accounts such as corporations and partnerships. Be assured that we recognize the importance of protecting your privacy and safeguarding the confidentiality of the information you provide to us.

    Privacy and security

    HSBC recognizes the importance of protecting your privacy and we take great care to safeguard the confidentiality of your personal information. Visit our HSBC Security & Fraud Center to learn more about how HSBC helps keep your information secure, and what you can do to ensure a safe online experience.

    Mortgage and home equity products are offered in the U.S. by HSBC Bank USA, N.A. and are only available for properties located in the U.S. Subject to credit approval. Borrowers must meet program qualifications. Programs are subject to change. Geographic and other restrictions may apply. Discounts can be cancelled or are subject to change at any time and cannot be combined with any other offer or discount.

    Deposit products are offered in the U.S. by HSBC Bank USA, N.A. Member FDIC.

    The Annual Percentage Yields (APYs) and balances for CD accounts are accurate as of {{currentDate}} and apply for the initial term only.

    Connect with us

     
    We're here to help you. Find the answers and while you're at it, tell us how we could do better.