HSBC Advance Account

An all-in-one savings and current account that offers self-service banking, giving you the freedom to manage your finances anytime, anywhere.

HSBC Advance AccountAll-in-one account
Interest Rate
0.05% to 0.55% p.a.
Service Charge
RM10
Min. Deposit
RM500
Phone Banking
Available
Account Statement
Available
Cheque Book
Free

Interest Rate

What you earn based on the amount that you have in your account

Min. AmountMax. AmountInterest Rate
No minimumRM50,0000.05% p.a.
RM50,001RM100,0000.15% p.a.
RM100,001RM200,0000.25% p.a.
RM200,001RM500,0000.35% p.a.
RM500,001RM1,000,0000.45% p.a.
RM1,000,001No maximum0.55% p.a.

Features

What would make it different?

Overdraft
Personal Overdraft
Overdraft Prescribed Rate
BR + 4.2% p.a. for HSBC Advance customers
Online Banking
[email protected]
Mobile App
PIDM Protected
Up to RM250,000

Fees & Charges

Service Charge
RM10 monthly waived with monthly average balance of RM30,000
ATM Card Issuance Fee
RM8
MEPS Withdrawal Fee
RM4
HOUSe Withdrawal Fee
RM1
Cheque Book Issuance Fee
RM7.50
Early Closure Fee
RM20
Dishonoured Cheque Fee
RM100
Stop Payment Cheque Fee
RM20

Requirements

Minimum Age
  • 21 years old
Minimum Initial Deposit
RM500
Minimum Balance
RM30,000
Who can apply
  • Malaysians

More Information

Why should I sign up for a HSBC Advance Current Account?

HSBC advance current account holders can benefit from international recognition associated with the account. HSBC advance current account holders can use their ATM card globally to withdraw funds. Account holders can also benefit from a priority queue at any HSBC branch. 

The priority queue eliminates long wait times usually associated with branch banking. Finally, HSBC advance current account holders can benefit from special offers from participating retail outlets.

What are the minimum requirements to set up a HSBC Advance Current Account?

The account holder should be at least 21 years of age and be a Malaysian citizen.In addition, an initial deposit of RM500 is required when opening the account.

Do I need an introducer to set up a HSBC Advance Current Account?

No, an introducer is not needed to set up a HSBC Advance Current Account.

What are the services offered by HSBC Basic Current Account’s internet banking service?

[email protected] allows current account holders to access their accounts 24/7 from the comfort of home, eliminating the hassle of long queues at branches.

With HSBC personal internet banking, account holders can conduct online transfers and pay bills, with the added security device measures by HSBC, customers can bank with ease knowing that their money is in safe hands.

Are there any services fees for the HSBC Advance Current Account?

A service fee of RM10 per month will be charged to the current account. The service fee will be waived if either the average monthly total balance is of at least RM30,000 or the current account holder has a HSBC/HSBC Amanah home financing loan of at least RM300,000.

Are cheque books issued with the HSBC Advance Current Account?

Yes, cheque books are issued with no extra charge as part of the benefits of being a HSBC advance current account holder.