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HSBC Premier Lite Savings account

A savings account to provide your child a headstart in life

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.

 

Rates

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

 

Important notes

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.

Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.