In a world without boundaries, opportunities are abound. That's why, we are pleased to extend a limited period offer of additional bonus interest* on the Top-Up Amount# in HSBC's Multi Currency Savings Account.
How HSBC's Multi Currency Savings Account's Bonus Interest works* Take up the offer now
Simply click here and we will contact you soon or speak to your HSBC Premier Relationship Manager on 1800-227 8889.
Footnote:
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Promotion is valid from 1 December 2010 to 28 February 2011 ("Promotional Period"). To be eligible, each customer has to top-up the HSBC's Multi Currency Savings Account ("MSV Account") in December 2010 with at least additional S$25,000 (or its equivalent in respective currencies) in fresh funds (compared against the Average Daily Balance ("ADB") in August 2010) and maintain the same for any one calendar day within December 2010. Eligible customers will earn additional interest ("Bonus Interest") on the Top-up Amount at 0.5% p.a. per calendar month during the Promotional Period, subject to a minimum Top-up Amount of S$25,000 (or its equivalent in respective currencies). Maximum interest rates of 0.7% p.a. for SGD and 3.0% p.a. for AUD comprise Bonus Interest of 0.5% p.a. and the prevailing interest of 0.2% p.a. for SGD and 2.5% p.a. for AUD(with reference to the highest tier). Bonus Interest will be non-accrued, non-compounded, simple interest and shall be paid separately from the prevailing interest (if any) payable on the credit balance in the MSV Account.
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"Top-Up Amount" means the incremental Average Daily Balance ("ADB") in the MSV account for the relevant calendar month compared against the ADB for the Reference Month of the MSV account. "Reference Month" means August 2010.
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"Average Daily Balance" or "ADB" is the sum of the day-end balances for a calendar month divided by the number of days in that calendar month.
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Transfers from existing HSBC bank deposit accounts or via HSBC cheque(s), cashier's order(s) or demand draft(s) are not permitted.
Terms and conditions apply. For full terms and conditions, click here.
Important notes:
Under the provisions of the Deposit Insurance Act 2005 (the "Act"), all Singapore dollar denominated deposits with HSBC held by individual depositors or charities will be insured by the Singapore Deposit Insurance Corporation Limited for up to the limit specified in the Act. For more information, click here.
On 16 October 2008, it was announced that the Singapore Government will offer protection under a guarantee of up to S$150 billion for all Singapore dollar and foreign currency deposits of individuals and non-bank customers in banks, finance companies and merchant banks licensed by the Monetary Authority of Singapore. This guarantee will remain in place until 31 December 2010. Media reports have stated that the Singapore Government guarantee does not cover structured deposits and pledged deposits. Accordingly, dual currency investments, structured deposits and deposits which are pledged, charged or secured as collateral are not covered by this guarantee.