What do I need to know about HSBC Amanah Basic Savings Account-i?
From the account name, you probably get it right, this is an Islamic savings account. According to HSBC Amanah, this account operates based on Shariah principle of Wadiah Yad Dhamanah.
What are the additional benefits?
With this account, you can access to the convenience of Internet banking at flexible time and places through online@ HSBC. The mobile apps are also made applicable for the account holders.
You are also allowed to make cash withdrawals at ATM with your ATM card cum debit card of HSBC Amanah Visa Debit Card-i. In the event that you have banking inquiries, you can always reach to their tele-banking that operate 24 hours.
For this savings account, you are also entitled to free SMS notifications on selected transactions. Other than that, the bank posts your statement every quarter in order to track your previous banking transactions.
Am I eligible to open this account?
As long as you are 18 years and above, you are eligible to open this account singly or jointly. An initial minimum deposit required is RM500.
Is there any charges I need to beware of?
If you plan to make MEPS cash withdrawals at other banks, the charges is RM4 per withdrawal, while it is RM1 for HOUSe withdrawal. The overseas withdrawal, on the other hand, will costs you RM10 for each withdrawal. Despite the statement is issued to you for free, but if you make the statement request, a RM20 per request will be on you.
All fees and charges are subjected to 6% GST, where applicable.