What is the HSBC Amanah Advance Everyday Global VISA Debit Card-i?
The HSBC Amanah Advance Everyday Global VISA Debit Card-i is a dedicated Shariah-compliant debit card designed for customers in the HSBC Amanah Advance relationship tier.
It serves as your primary access tool to the Everyday Global Account-i (EGA-i), an all-in-one account that enables you to buy, hold, and spend in 11 supported foreign currencies.
By paying directly from these currency wallets, you benefit from transparent transactions, eliminating foreign currency conversion fees and ensuring enhanced security and clarity for your global finances.
Frequently Asked Questions (FAQ)
1. What are the key benefits of the HSBC Amanah Advance Everyday Global VISA Debit Card-i?
This card provides enhanced multi-currency and priority benefits tailored for Advance clients:
- 11-Currency Spending: Effortlessly spend in 11 major supported foreign currencies (including USD, EUR, JPY, SGD, etc.) directly from your EGA-i balance.
- Zero Conversion Fees: When you spend in a currency where you hold a sufficient balance, the transaction is debited from that wallet with no foreign currency conversion fees from HSBC Amanah.
- Shariah-Compliant: All transactions and linked account features are securely managed under the principles of Islamic Banking (Amanah).
- Advance Status Recognition: Reflects your Advance banking relationship, which may include benefits like preferential rates and dedicated support channels.
- Security and Convenience: Features Visa payWave for fast, contactless payments, enhanced 6-digit PIN security, and is made from 100% recycled plastic.
2. What are the fees and charges I have to pay?
The card itself is generally complimentary for eligible customers, but associated account fees apply if criteria aren't met:
- Issuance Fee (One-off): Waived.
- Annual Fee: Waived.
- Foreign Currency Conversion Fee: Zero when spending in a supported currency with a sufficient balance. A fee (typically 1% plus VISA fee) is charged if funds are insufficient and debited from your MYR balance.
- Account Fee: A monthly fee of RM10 (subject to applicable tax) may apply to the linked Everyday Global Account-i if you do not meet the Advance eligibility criteria.
3. Who can apply for the HSBC Amanah Advance Everyday Global VISA Debit Card-i?
The card is issued to individuals who qualify for and maintain the HSBC Amanah Advance relationship:
- You must successfully open and maintain the HSBC Amanah Everyday Global Account-i (EGA-i).
- Eligibility for the Advance tier typically requires you to maintain a Minimum Total Relationship Balance (TRB) of RM30,000 or meet other income/financing criteria (salary credit of RM8,500 per month or sign up for an HSBC Amanah Home Financing of RM300,000 or more).
4. How can I apply for the HSBC Amanah Advance Everyday Global VISA Debit Card-i?
The card is automatically issued once you establish the Advance relationship and open the necessary account:
- New Customers: You must first apply to open the HSBC Amanah Everyday Global Account-i and qualify for the Advance relationship tier. This can be done online or by visiting your nearest HSBC Amanah branch.
- Existing Customers: Existing customers may contact the HSBC Amanah Call Centre or visit a branch to upgrade their relationship status and request the linked HSBC Amanah Advance Everyday Global VISA Debit Card-i.
