HSBC - Singapore Dollar Savings
 
Message from HSBC

If all you want to do is keep your money safely, you can achieve just that with HSBC Savings Account. To keep you updated of your monthly account transactions and interest earned, a comprehensive statement will be mailed to you. What's more, with your free debit card, PhoneBanking services and Internet Banking, you can carry out a wide range of banking transactions, 24 hours a day, 7 days a week

Benefits & Privileges
  • Tiered daily interest with higher interest for balances above S$50,000
  • Personalised debit card
  • PhoneBanking and Internet Banking services
Interest Rate % p.a.   Eligibility & Requirements
0.010  
  • Minimum 16 years old
  • Documents for proof of address
    • NRIC for Singaporeans
    • Identification cards which are issued to foreigners by their respective home countries
    • Passports where residential address is indicated by the Immigration Authorities
    • Utility bills from government bodies (e.g. electricity / water bills, fixed telephone line(s) bills)
    • Work Permit where residential address in Singapore is declared on it
    • Driving Licence where residential address is indicated
    • Letter from employer confirming Singapore's residential address
    • Trust accounts will be opened for individuals below 16 years old, in the parent's/guardian's name
Annual Fee   Fees & Waivers
S$0  
  • Minimum balance fee of S$5 if average daily balance falls below S$2,000
  • Closure fee of S$50 if account closed within 6 months from opening date
Saving Balance   Facilities
S$2,001 - S$50,000  
  • Internet Banking  
  • Phone Banking
  • Mobile Banking
Minimum Initial Deposit Other Details
S$1,000