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- Everyday Savings Account
Everyday Savings Account
- Intro offer rate
- App banking
- Online banking
- Linked account required
Maximum rate p.a.
5.15%
Base rate p.a.
3.00%
Everyday Savings Account
- Intro offer rate
- App banking
- Online banking
- Linked account required
Maximum rate p.a.
5.15%
Base rate p.a.
3.00%
RateCity says
"A savings account with a generous interest rate offer from this global bank. The account does not charge ongoing fees and has no minimum balance requirements."
Pros and Cons
For Everyday Savings Account
Benefits
- Maximum interest rate ranked in the best 20% (conditions may apply)
- Special intro rate
- No ongoing account fees
- No minimum balance
Drawbacks
- Intro rate limited to 3 months
- Only available with linked transaction account
HSBC Rate Savings Account overview
For Everyday Savings Account
Account Details
Maximum rate p.a.
5.15%
intro 3 months then 3.00%
Minimum age restrictions
18
Base rate p.a.
3.00%
Maximum age restrictions
Maximum rate condition
Not applicable
Minimum opening deposit
$0
Interest calculation method
Whole Balance
Target Market Determination
Visit HSBC Bank Australia Limited to view Target Market Determination.
Features
Joint application available
Is online only
Linked account required
Methods of Access
Internet facility
ATM access
Phone facility
Eftpos facility
Branch access
App
App only
Fees
Account keeping fees
$0
Eftpos fee
$0
ATM withdrawal fee
$0
Overseas eftpos fee
$0
Internet transaction fee
$0
Over the counter deposit fee
$0
Phone transaction fee
$0
Over the counter withdrawal fee
$0
Other Restrictions
Introductory offer will be applied to the first HSBC Everyday Savings Account opened with HSBC or if the previous HSBC Everyday Savings Account was closed more than 12 months ago