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HSBC Savings Account

HSBC Bank Account

HSBC

Min. Salary

AED

Min. Balance

3000 AED

Interest Rate

0.10%

Non Maintenance Fee

26.5 AED

Features

Conventional Banking
Free Debit Card
Internet Banking
Joint Account Possible
Mobile Banking
Multiple Currencies

The HSBC Savings account can help you save money and turn it into winnings. A free international visa debit card is provided with this account for easy access to money.

Apply Now

Benefits

  • Available in multiple currencies
  • Free international Visa debit card 
  • Up to 2 free cash withdrawals and 1 free balance inquiry on non-HSBC UAE ATMs every month.
  • Various cheque and cash deposit machines for instant credit to the account.
  • 6 free monthly over-the-counter transactions using AED
  • Daily cash withdrawal limit of up to AED 8,000 on HSBC UAE ATMs

Fees & Charges

  • Account Closure (Within one year)= AED 105
  • Non-HSBC ATM Transactions in UAE- Cash Withdrawal = NIL
  • Non- HSBC Transactions in UAE – Balance Inquiry / Declined Transaction= NIL
  • Fee for using the ATM outside UAE and GCC = AED 20

Interest Rates

  • Up to 0.10% p.a

Documents Required

Individual  Account

  • original passport (for all customers)
  • valid residence visa (for non-GCC national customers only)
  • original Emirates identification card (for all customers)
  • proof of UAE residence in the form of either a utility bill/ rental/ lease agreement/ title deed/ employment letter
  • original labour card/work ID (for female applicants on father’s/husband’s sponsorship)
  • original trade licence (for all self-employed customers)
  • for income transfer customers, original income transfer letter from the employer must be provided

Joint account

  • original passport (for all customers)
  • valid residence visa (for non-GCC national customers only)
  • original Emirates identification card (for all customers)
  • proof of UAE residence in the form of either a utility bill/ rental/ lease agreement/ title deed/ employment letter
  • original labour card/work ID (for female applicants on father’s/husband’s sponsorship)
  • original trade licence (for all self-employed customers)
  • for income transfer customers, original income transfer letter from the employer must be provided

Eligibility

  • UAE Residents, UAE Nationals and Non-GCC Nationals

Addition Information

  • SMS alerts on every transaction.
  • 24/7 phone banking, online banking, and mobile banking available.
  • Access to 91 cash deposit machines around the UAE for instant credit into your account
  • Access to accounts using any of the 1 million ATMs around the world.
Apply Now

Disclaimer: Information found on saverfox.com is provided for illustrative purposes only, rates are subject to change based on your personal circumstances. You should always speak to a trained professional before applying for any financial product

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