New base rates from 1 May 2020.
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Revised interest rates on selected HSBC accounts Effective 1 May 2020, the Bank will be revising the Singapore Dollar (SGD) interest rates for selected HSBC deposit accounts. The following SGD accounts will have their interest rates revised: • HSBC Jade Account • HSBC Premier Account • HSBC Premier Lite Savings Account • HSBC Advance Account • HSBC Everyday Global Account Why is HSBC making this revision? Central banks globally have reduced interest rates to address the slowdown in economic growth due to the COVID-19 outbreak. In line with the revision of both the Singapore Interbank rates and global interest rates, we are revising the interest rates for our HSBC Singapore Dollars (SGD) Accounts. HSBC Jade Account   Before 1 May 2020 From 1 May 2020 First S$4,999.99 0.01% p.a. 0.01% p.a. (Unchanged) From S$5,000 to S$14,999.99 0.01% p.a. 0.01% p.a. (Unchanged) From S$15,000 to S$49,999.99 0.01% p.a. 0.01% p.a. (Unchanged) From S$50,000 to S$99,999.99 0.075% p.a. 0.05% p.a. From S$100,000 and above 0.10% p.a. 0.07% p.a. From S$1,000,000 and above 0.20% p.a. 0.10% p.a. Before 1 May 2020 From 1 May 2020 First S$4,999.99 0.01% p.a. 0.01% p.a. (Unchanged) From S$5,000 to S$14,999.99 0.01% p.a. 0.01% p.a. (Unchanged) From S$15,000 to S$49,999.99 0.01% p.a. 0.01% p.a. (Unchanged) From S$50,000 to S$99,999.99 0.075% p.a. 0.05% p.a. From S$100,000 and above 0.10% p.a. 0.07% p.a. From S$1,000,000 and above 0.20% p.a. 0.10% p.a. HSBC Premier Account & HSBC Premier Lite Savings Account   Before 1 May 2020 From 1 May 2020 First S$4,999.99 0.01% p.a. 0.01% p.a. (Unchanged) From S$5,000 to S$14,999.99 0.01% p.a. 0.01% p.a. (Unchanged) From S$15,000 to S$49,999.99 0.01% p.a. 0.01% p.a. (Unchanged) From S$50,000 to S$99,999.99 0.075% p.a. 0.05% p.a. From S$100,000 and above 0.10% p.a. 0.07% p.a. Before 1 May 2020 From 1 May 2020 First S$4,999.99 0.01% p.a. 0.01% p.a. (Unchanged) From S$5,000 to S$14,999.99 0.01% p.a. 0.01% p.a. (Unchanged) From S$15,000 to S$49,999.99 0.01% p.a. 0.01% p.a. (Unchanged) From S$50,000 to S$99,999.99 0.075% p.a. 0.05% p.a. From S$100,000 and above 0.10% p.a. 0.07% p.a. HSBC Advance Account   Before 1 May 2020 From 1 May 2020 First S$4,999.99 0.01% p.a. 0.01% p.a. (Unchanged) From S$5,000 to S$14,999.99 0.01% p.a. 0.01% p.a. (Unchanged) From S$15,000 to S$49,999.99 0.01% p.a. 0.01% p.a. (Unchanged) From S$50,000 and above 0.075% p.a. 0.05% p.a. Before 1 May 2020 From 1 May 2020 First S$4,999.99 0.01% p.a. 0.01% p.a. (Unchanged) From S$5,000 to S$14,999.99 0.01% p.a. 0.01% p.a. (Unchanged) From S$15,000 to S$49,999.99 0.01% p.a. 0.01% p.a. (Unchanged) From S$50,000 and above 0.075% p.a. 0.05% p.a. HSBC Everyday Global Account   Before 1 May 2020 From 1 May 2020 First S$24,999.99 0.10% p.a. 0.05% p.a. From S$25,000 to S$99,999.99 0.15% p.a. 0.10% p.a. From S$100,000 to S$499,999.99 0.20% p.a. 0.15% p.a. From S$500,000 and above 0.35% p.a. 0.25% p.a. Before 1 May 2020 From 1 May 2020 First S$24,999.99 0.10% p.a. 0.05% p.a. From S$25,000 to S$99,999.99 0.15% p.a. 0.10% p.a. From S$100,000 to S$499,999.99 0.20% p.a. 0.15% p.a. From S$500,000 and above 0.35% p.a. 0.25% p.a. Please refer to our Important Notice page, or Personal Deposits Account Terms & Conditions for further details. Earn bonus interest for using your Everyday Global Account Earn up to 5.00% p.a. bonus interest on your SGD savings when you save, convert and spend with your Everyday Global Account from now till 30 April 2020. Find out more   To make your money work harder, you may consider our comprehensive suite of Wealth Management solutions. To find out more, please visit hsbc.com.sg/wealth or log on to HSBC Online Banking to transact. Click hsbc.com.sg/savings Call 6216 7308 - If you have recently changed your personal particulars, let us know here. - If you do not wish to receive future electronic promotional mailers from us, e-mail us at unsubscribe@hsbc.com.sg. - If you have any queries, please call us on 1800-HSBC NOW (4722 669) or e-mail us at direct@hsbc.com.sg. We maintain strict security standards and procedures to prevent unauthorised access to information about you. HSBC will not contact you by e-mail or otherwise ask you to validate personal information such as your user ID or password. If you receive such a request, please call our 24-hour Customer Service Hotline on 1800-HSBC NOW (4722 669). We also remind our customers to connect only to www.hsbc.com.sg when accessing Internet Banking. Never follow a link within an e-mail to start an Internet Banking session. Instead, key in directly to the browser address bar our URL (www.hsbc.com.sg) to access our secured Internet Banking site. Privacy and Security Terms of Use Hyperlink Policy Disclaimer and Terms & Conditions: * HSBC Everyday Global Account Step Up Bonus Interest Promotion terms and conditions for new and existing customers apply. Deposit Insurance Scheme: Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to SGD75,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured. Disclaimer: This material is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment or securities nor shall it or any part of it form the basis of, or be relied on in connection with, any contract or commitment whatsoever. The specific investment objectives, personal situation and particular needs of any person have not been taken in consideration. You should therefore not rely on it as investment advice. You may wish to seek advice from a financial consultant before making a commitment to purchase the product. In the event that you choose not to seek advice from a financial consultant, you should consider whether the product in question is suitable for you. © Copyright 2020. HSBC Bank (Singapore) Limited (Company Registration No. 201410624K).