HSBC Premier

Indulge in undivided, personalised services and top-notch facilities when you open an HSBC Premier Savings Account today. Withdraw cash overseas without paying a single cent at any HSBC group ATM!

HSBC Premier
Interest Rate
0% to 0.3% p.a.
Min. Deposit
Phone Banking
Account Statement
eStatement (via email)

Interest Rate

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

Min. AmountMax. AmountInterest Rate
RM1,000RM10,000No interest
RM10,001RM50,000No interest
RM50,001RM100,000No interest
RM100,001RM200,0000.2% p.a.
RM200,001RM500,0000.25% p.a.
RM500,001RM1,000,0000.25% p.a.
RM1,000,001No maximum0.3% p.a.


What would make it different?

Online Banking
HSBC Online Banking
Mobile App
PIDM Protected
Up to RM250,000
SMS Transaction Alert
SMS fee is waived
ATM Card

Fees & Charges

Annual Fee
MEPS Withdrawal Fee
HOUSe Withdrawal Fee
Early Closure Fee
Inactive Account Fee


Minimum Age
  • 18 years old
Minimum Initial Deposit
Minimum Balance
Who can apply
  • Malaysians
  • Foreigners

More Information

What is HSBC Premier?

The HSBC Premier savings account is a savings account made for customers on the higher end of the banking scale. More often than not, to be a Premier Banking member, you will need an invitation from HSBC, provided you meet their requirements to join the Premier Club.

This savings account gives you better returns and more protection along with flexibility and access to all your funds. It encourages you to save more and expand your wealth.

How does the interest rate work?

With the Premier account, you will need a certain amount of savings in the account before you start earning interest. While the minimum initial deposit is only RM1,000, it is only after you have a balance of more than RM200,000 that you will earn an interest of 0.20% per annum.

The interest will increase with the balance when you add more. Any interest earned will be credited monthly into your account, and is accessible whenever you need it.

What do I get with this account?

When you have the HSBC Premier, you will, of course, receive a new debit/ATM card to go with it. The card comes with a high withdrawal limit of RM5,000. Along with that, you get a daily contactless purchase limit of RM500 and a regular purchase limit of RM3,000 which can be increased to RM10,000.

What are the requirements?

As you know any standard savings account has the requirements of its customer being 18 years old and above as well as having enough financial stability to support an account. However, with the Premier account, there are a few other requirements that you need to meet.

There are many ways to become a premier banking member, one of them is if you have a Total Relationship Balance (TRB) of RM200,000 with HSBC. That is to say, if you have that equivalent amount or more in savings, current account, Time Deposits, or in investments with HSBC, you are automatically a member.

Another way to gain membership is if you have a standing housing loan of RM1 million with HSBC until full settlement. So if you meet these criteria, or if you have the money to deposit into this Premier Savings account, you are on your way to a Premier Banking Membership with HSBC.

Please take note that if you are relying on the TRB for this Premier account, make sure that the balance of RM200,000 is maintained to avoid paying a maintenance fee of RM150 every month.

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