HSBC

HSBC Advance

Upon opening, you get special offers, priority services and free Financial Health Check. No annual fee if the average monthly account balance is RM20000.

    • Phone Banking Service
    • Account Statement
    • eStatement (via email)
  • Min. AmountMax. AmountInterest Rate
    RM10001RM500000.05% p.a.
    RM50001RM1000000.15% p.a.
    RM100001RM2000000.25% p.a.
    RM200001RM5000000.35% p.a.
    RM500001RM10000000.45% p.a.
    RM1000001no maximum0.55% p.a.

Features

What would make it different?

Online Banking
online@HSBC
Mobile App
SMS Transaction Alert
SMS fee waived
PIDM Protected
ATM Card

Fees & Charges

There are always fees but how much are they?

Annual Fee
RM127.20
ATM Card Issuance Fee
RM8.48
HOUSe Withdrawal Fee
RM1.06
Overseas Withdrawal Fee
RM5.30
Early Closure Fee
RM21.20

*inclusive of 6% GST

Requirements

Are you eligible for this account?

Minimum Age
18 years old
Minimum Initial Deposit
RM500
Minimum Balance
RM10

Frequently Asked Questions about HSBC Advance

Things you might want to know

Can I apply for HBC Advance Savings Account?
Yes, you can if you are 18 years old and above and meet one of the following criteria.
- Have a minimum monthly salary of RM5,000 credited into HSBC Advance account.
OR
- Have a home loan facility of at least RM30,000.
OR
- Deposit and/or invest in Advance savings, Time Deposits, Unit Trusts funds, Single Contribution Plan with a Total Relationship Balance (TBR) of at least RM30,000. 

What are the benefits of opening this account?
Easy Access

1. You get a HSBC Advance VISA Debit Card and a cheque book.
2. HSBC Advance allows banking on-the-go with Mobile Baning app.
3. You also get one consolidated e-statement via Personal Internet Banking.
Preferential Rates and Rewards

1. You earn high interest rates of up to 0.6% p.a. The more you save, the more you earn!
2. You get to enjoy banking convenience with 2 complimentary MEPS withdrawals per month.
3. Plus, an unlimited interbank GIRO transfer services at no extra charge.

What are the fees and charges to open a HSBC Advance Savings Account?
You are subject to a monthly RM10 account fee if your TBR falls below RM30,000. If you maintain the minimum eligibility criteria, 3 months of account fees will be waived. For those taking a home loan facility, no account fees will be charged. It's literally free for life!

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