HSBC eFlexi Account
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Summary
NOTE: HSBC eFlexi Account will no longer be available for applications from 1 February 2021.
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Summary
NOTE: HSBC eFlexi Account will no longer be available for applications from 1 February 2021.
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Popular Products
4.8
778 Reviews
4.4
321 Reviews
4.7
211 Reviews
4.3
204 Reviews
Salary Credit Bonus Interest Rates for HSBC eFlexi
Account Package | Minimum salary amount that must be credited | Average daily balance cap applicable for interest | Salary Bonus Interest rate (p.a) |
|---|---|---|---|
HSBC Premier customers | S$2,000 | S$100,000 | 0.80% |
Other Retail Banking customers | S$2,000 | S$25,000 | 0.80% |
Benefits and Features of HSBC eFlexi
- eFlexi encourages account holders to save their salary without spending
- Earn Salary Bonus interest rates from as high as 0.80% p.a.
- The base interest rate is 0.01% p.a.
- Bonus interest rates are capped based on one's average daily balance
- No minimum balance
- No monthly service charge for the account
- All-in-One debit card and convenience of eStatement
- Internet and mobile banking services allow you to perform transactions electronically anywhere in the world
- If you are a regular HSBC banking customer, your average daily balance cap available for interest accrument will be S$25,000.
- If you are a HSBC Premier customer, your average daily balance cap available for interest accrument will be S$100,000.
How to maximise the interest rates for HSBC eFlexi Savings Account?
- Simply Have your employer credit your salary of at least S$2,000 into your eFlexi account via GIRO to enjoy 0.80% p.a.
Want to know how HSBC eFlexi compares with other savings accounts? Here's a compilation of The Best Savings Accounts in 2021.
Terms and fees for HSBC eFlexi Savings Account
- Initial deposit: None
- Early account closure fee: S$50
Eligibility: who can apply for HSBC eFlexi Account?
- Singaporeans and PRs
- Foreigners with valid employment passes or S-Pass
- Minimum age to open an account: 18 years old
How to apply for HSBC eFlexi?
- Apply Online cia HSBC eFlexi's website or Visit HSBC Branches.
Contact us at [email protected] should you require any assistance or spot any inaccuracies.