1 live product
HSBC
Best available rate
4.65%p.a.
Everyday Savings (Intro)
Highest ranked offer currently surfaced for this bank on the compare page.
Base rate
2.50%
Bonus
0.00%
Conditions
No monthly hoops
Finding the best rates…
Savings Accounts Comparison
Bank One
HSBC
Best available
Up to 4.65% p.a.
Line-up
1 live product
VS
HSBC vs Newcastle Permanent
Compare HSBC and Newcastle Permanent savings accounts side by side. In March 2026, HSBC offers 1 account with rates up to 4.65% p.a., while Newcastle Permanent has 1 account reaching 5.25% p.a. Newcastle Permanent currently leads by 0.60%.
VS
1 live product
Newcastle Permanent
Best available rate
5.25%p.a.
Smart Saver Account (Under 25)
Highest ranked offer currently surfaced for this bank on the compare page.
Base rate
0.05%
Bonus
5.20%
Conditions
Bonus rules apply
Live edge
Newcastle Permanent leads on headline savings rate by 0.60% p.a. right now. Use the feature table below to see whether that edge comes with extra conditions.
0.60% gap
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | HSBC | Newcastle Permanent |
|---|---|---|
| Max rate | 4.65% | 5.25% |
| Base rate | 2.50% | 0.05% |
| Bonus rate | 0.00% | 5.20% |
| Has conditions | No | Yes |
All HSBC Products
Every tracked savings accounts option from HSBC.
All Newcastle Permanent Products
Every tracked savings accounts option from Newcastle Permanent.
In March 2026, HSBC's Everyday Savings (Intro) offers up to 4.65% p.a., while Newcastle Permanent's Smart Saver Account (Under 25) reaches 5.25% p.a. (0.05% base + 5.20% bonus). Newcastle Permanent currently leads by 0.60% p.a.
Newcastle Permanent's top rate requires meeting bonus conditions each month, while HSBC offers its rate with no ongoing requirements. HSBC's rate includes an introductory component for 3 months. Newcastle Permanent's rate applies on balances up to $49,999.
HSBC has 1 savings product and Newcastle Permanent has 1, giving you a range of options to compare.
Quick Comparison
| Feature | HSBC | Newcastle Permanent |
|---|---|---|
| Max Rate | 4.65% | 5.25% |
| Base Rate | 2.50% | 0.05% |
| Bonus Rate | 0.00% | 5.20% |
Common Questions
HSBC vs Newcastle Permanent FAQs
Which bank has the better savings rate, HSBC or Newcastle Permanent?
Newcastle Permanent currently offers the higher rate at 5.25% p.a., compared to 4.65% p.a. Rates are sourced from live data and change frequently.
What is HSBC's best savings account rate in 2026?
HSBC's best savings rate is 4.65% p.a. on the Everyday Savings (Intro).
What is Newcastle Permanent's best savings account rate in 2026?
Newcastle Permanent's best savings rate is 5.25% p.a. on the Smart Saver Account (Under 25), consisting of a 0.05% base rate and 5.20% bonus rate. This rate requires meeting monthly bonus conditions.
Do HSBC and Newcastle Permanent savings accounts have conditions?
HSBC's top rate has no ongoing conditions, while Newcastle Permanent requires meeting bonus conditions each month to earn the full advertised rate.