What is the HSBC Amanah Premier Everyday Global VISA Debit Card-i?
The HSBC Amanah Premier Everyday Global VISA Debit Card-i is the highest-tier debit card offered by HSBC Amanah, exclusively available to its Premier banking clients in Malaysia.
It works by linking directly to your multi-currency account, letting you instantly buy, hold, and spend in 11 different currencies around the world.
Because you spend funds you already own in the local currency, you pay zero bank conversion fees from HSBC Amanah.
It essentially gives Premier clients high spending power and global convenience, all while adhering to Islamic banking principles.
Frequently Asked Questions (FAQ)
1. What are the key benefits of the HSBC Amanah Premier Everyday Global VISA Debit Card-i?
The card provides a top-tier combination of multi-currency functionality, security, and exclusive Premier access:
- 11-Currency Spending: As a Premier client, you can convert, save, and 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 you hold with a sufficient balance, the transaction is debited directly from that specific wallet with no foreign currency conversion fees from HSBC Amanah.
- Global Priority Access: Enjoy zero ATM withdrawal fees at the extensive Overseas HSBC ATM Network and receive priority customer service, both reflecting your Premier status.
- Enhanced Daily Limits: Benefit from significantly higher daily purchase limits (up to RM50,000) compared to lower tiers, reflecting the needs of Premier clients.
- Shariah-Compliant Assurance: All features and linked account operations adhere to the principles of Islamic Banking (Amanah), giving you complete peace of mind.
2. What are the fees and charges I have to pay?
The card itself is complimentary for eligible Premier customers, but the Premier relationship has specific maintenance requirements:
- Issuance Fee (One-off): Waived.
- Annual Fee: Waived.
- Foreign Currency Conversion Fee: Zero when spending in a supported currency where you have a sufficient balance. A conversion fee (typically 1% plus VISA fee) will be charged if funds are insufficient and debited from the MYR balance.
- Premier Monthly Account Fee: A monthly fee of RM150 (subject to applicable tax) will be applied to the linked Premier Account-i for any month you do not meet the Premier eligibility criteria.
3. Who can apply for the HSBC Amanah Premier Everyday Global VISA Debit Card-i?
To obtain this card, you must qualify for and maintain the HSBC Amanah Premier relationship. Eligibility is typically based on high wealth or income thresholds:
- You must successfully open and maintain an HSBC Amanah Premier Account-i (EGA-i).
- Eligibility for the Premier tier usually requires maintaining a Minimum Total Relationship Balance (TRB) of RM300,000 at all times, or meeting high-tier mortgage or salary credit requirements.
4. How can I apply for the HSBC Amanah Premier Everyday Global VISA Debit Card-i?
Since the card is tied to the Premier relationship and the Everyday Global Account-i, the application process is handled through Premier channels:
- New Customers: You must first apply to open the HSBC Amanah Premier Account-i and qualify for the Premier relationship tier.
- Application Method: This is typically done by booking an appointment and visiting a HSBC branch or contacting the dedicated Premier contact line. The card will be issued upon successful account opening and qualification.
