Advance Account | Exclusive Services and Support

Say hello to a simpler way to bank

Some of the best HSBC Advance features have been integrated into our refreshed HSBC Personal Banking experience so you can access a suite of capabilities and privileges without having to maintain any additional eligibility criteria.

What's changed:

No more HSBC Advance eligibility criteria and related service fee
Simple, standardised deposit account fees
A simple way to earn up to 3.5% cashback with your HSBC Advance Credit Card
Stay on top of your money with our suite of solutions and services

What you can expect

We've removed HSBC Advance eligibility criteria and made changes to minimum account balance fees

If you're an existing HSBC Advance customer, you won't need to worry about maintaining any HSBC Advance eligibility criteria from 1 November 2020 onwards. We'll also waive the monthly service fee of SGD10 going forward.

Please note that if the average daily balance in your HSBC Singapore dollar deposit account falls below SGD2,000 for the calendar month, a monthly minimum account balance fee of SGD5 will apply for each account.

To help ease you through these changes, we won't charge you minimum account balance fees for any of your Singapore dollar deposit accounts between 1 November 2020 and 30 April 2021. If you have multiple accounts with us, you might wish to consolidate them during this period.

We've removed HSBC Advance eligibility criteria and made changes to minimum account balance fees

Earn 1% Bonus Cashback (a total of up to 3.5% cashback) when you spend on your HSBC Advance Credit Card if you're an HSBC Everyday Global Account holder and meet both of these monthly criteria:

Deposit a minimum of SGD2,000 in fresh funds to your HSBC Everyday Global Account; and
Make at least 5 transactions on your HSBC Advance Credit Card.

Please note that the perpetual annual fee waiver for HSBC Advance, Premier & Jade banking customers will cease moving forward. If your card was approved before 1 October 2020, you will enjoy an extended waiver on your annual credit card fee for the next 2 card anniversaries to ease you through these changes. After that, an annual credit card fee of SGD192.60 (inclusive of GST) will apply.

You can continue to use our suite of digital wealth solutions and international banking capabilities with HSBC Personal Banking.

Global Transfers: Make instant transfers to other eligible HSBC accounts at no charge (no more SGD10 transfer fee per transaction)
Global View: See and manage all your HSBC accounts worldwide in just one place with online banking
Online trading platform: Trade securities with ease from anywhere in the world online
QuickFX App: Get rate alerts and convert currencies on the go
HSBC debit cards: Withdraw cash from HSBC ATMs abroad at no charge^*

^*Applies to overseas cash withdrawal at all HSBC ATMs worldwide except in Argentina, Brazil, France, Greece, Malta, Mexico, New Zealand and Turkey.

Ready to get started?

Explore what else we have in store for you with the new HSBC Personal Banking experience.

Learn more view HSBC personal banking page

HSBC Everyday Global Account

Save, spend and convert up to 11 different currencies with this all-in-one account
Enjoy preferential interest rates on your SGD balances
Move money locally and globally with ease using PayNow, FAST transfers, and Global Transfers

Learn more visit HSBC Everyday Global Account page

Apply now

New to HSBC?

Open an account more quickly with Myinfo via Singpass.

Apply online now view HSBC account selection page

Already an HSBC customer?

If you have an existing account with us, simply apply for an Everyday Global Account via online banking. It will generally take just 2 working days.

Log on and apply view HSBC security page

Unlock a world of benefits when you go digital

Our full suite of capabilities and privileges await.

Register for online banking

Don't have online banking yet? Set yours up in just 3 simple steps.

Get the HSBC Singapore App

Stay on top of your accounts anytime, anywhere - on the bus or from the couch.

Download now view HSBC Singapore app page

Frequently asked questions

You'll still keep your HSBC Advance Account name and number, and you can continue to use account features such as your cheque book.

If you have an existing HSBC Advance Debit Card, you can keep using it until it expires. After that, we'll send you a new HSBC Personal Banking Debit Card or HSBC Personal Banking Everyday Global Debit Card (whichever is applicable). The benefits you enjoyed on the old card will remain the same for the new card.

We've standardised the minimum account balance fees and average daily balance requirements for SGD deposit accounts with effect from 1 November 2020. These changes do not apply to the following accounts:

HSBC eFlexi Account
Passbook Savings Account
KidzSaver Savings Account
All foreign currency-denominated current and savings accounts

To help ease you through these changes, we won't charge HSBC Personal Banking customers and existing HSBC Advance customers any minimum account balance fees for their SGD deposit accounts between 1 November 2020 and 30 April 2021. We'll waive this automatically, so you don't need to do anything in order to be eligible. If you have multiple deposit accounts with us, you might wish to consolidate them during this time.

With the refreshed HSBC Personal Banking experience, we'll be gradually phasing out the HSBC Advance branding across our communications and platforms. You might still see some HSBC Advance branding in the meantime, but it will not affect your eligibility and accounts or our services.

Read the full FAQ about update on advance and personal banking faq This link will open in a new window

Got questions?

We can answer any questions you may have about HSBC Personal Banking via our Live Chat service, available:

weekdays, 8:30–22:00
weekends and public holidays, 10:00–22:00

Alternatively, you can call us on the HSBC Personal Banking hotline: 1800-HSBC NOW (1800-4722 669).

What else should I know?

With effect on 1 November 2020, HSBC Advance will be integrated into HSBC Personal Banking, and the HSBC Advance package will no longer be offered. Existing customers will no longer need to maintain any HSBC Advance eligibility criteria and will not be charged the monthly SGD10 Advance service fee. The relevant terms and conditions, and tariffs for all other accounts and services will continue to apply.

Customers transferring from HSBC Premier or HSBC Jade will be no longer be offered the HSBC Advance package as an option. Where applicable, their existing account may be transferred to a standard current or savings account, and they may continue as HSBC Personal Banking customers.

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to SGD75,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

HSBC Advance Banking

Say hello to a simpler way to bank

What you can expect

We've removed HSBC Advance eligibility criteria and made changes to minimum account balance fees

No more HSBC Advance criteria and fees

Earn up to 3.5% cashback

Wealth and global banking tools

Ready to get started?

HSBC Everyday Global Account

Apply now

New to HSBC?

Already an HSBC customer?

Unlock a world of benefits when you go digital

Register for online banking

Get the HSBC Singapore App

Frequently asked questions

What will happen to my existing HSBC Advance Account and debit card?

What changes have been made to minimum account balance fees?

What will happen to the HSBC Advance logo and brand name?

Got questions?

What else should I know?

Deposit Insurance Scheme