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HSBC Premier Lite Savings account
HSBC Premier Lite Savings account
When growing up, your child will have many wonderful experiences - such as their first word, their first step or their first day at school.
With the HSBC Premier Lite Savings account as their first savings account, they will not only start saving early, but also receive a recognition card that offers worldwide emergency support wherever they may be.
Benefits and features
- Statement savings account held in trust by parent for their child.
- Exclusive HSBC Premier interest rates.
- Convenience of accessing your account via our Global view facility, or through HSBC’s global ATM network and 24-hour Phone Banking Services.
- Global support at any HSBC Premier Centres worldwide.
Eligibilty
- Individual (resident/non-resident) aged 18 and above, and is an HSBC Premier customer.
- Child must be aged 18 and below.
- Minimum initial deposit of S$1.
Required documents
- Parent’s identity card/passport.
- Child’s identity card/passport/birth certificate.
- Proof of address (parent’s).
- Proof of relationship (birth certificate).
Act now
- Phone: 1800-HSBC NOW (4722 669) in Singapore or (65) 6-HSBC NOW (4722 669) from overseas
- Make an appointment with us today
Important notes
Under the provisions of the Deposit Insurance and Policy Owners’ Protection Schemes Act 2011 (the “Act”), Singapore dollar denominated deposits with The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch (“HSBC”) held by a non-bank depositor (“Insured Depositor”) will be insured by the Singapore Deposit Insurance Corporation Limited or such other company as may be designated as the deposit insurance and policy owners’ protection agency for the purposes of the Act (the “Agency”), for up to S$50,000 per Insured Depositor, or such other limit as may be specified in the Act.
In addition, Singapore dollar denominated deposits:
(i) with HSBC which are held by an Insured Depositor, as trustee under a trust account, or held on trust in a client account, will be insured by the Agency for up to S$50,000 per account, or such other limit as may be specified in the Act; and
(ii) placed with HSBC by an Insured Depositor under the Central Provident Fund Investment Scheme and/or the Central Provident Fund Minimum Sum Scheme will be insured for up to S$50,000 per Insured Depositor, or such other limit as may be specified in the Act.
With effect from 1 April 2010, your liability prior to debit card loss reporting will be capped at S$100 provided that you have not acted fraudulently, negligently or failed to report the card loss immediately. Click here for more details.
Next steps
Call us on 1800-HSBC NOW (4722 669) in Singapore or (65) 6-HSBC NOW (4722 669) from overseas
Highlights
