hsbc flexi saver review

I hold a joint advanced current account and regular saver, the saver account matured on 22/07/2020 and should have closed on that date and be placed in a flexible saver that I would have full access to. At the time of writing, some key features of the HSBC Flexi Saver account include: Monthly account fee: $0 When the RBA drops the cash rate, a lot of banks drop their variable savings rates, too. Bonus interest is available on balances up to $5,000,000, which is much higher than many of the accounts that offer a better interest rate. HSBC laundered billions for Mexican drug cartels. 5.0. Graphic: Cath Levett. Our HSBC savings reviews can help you to find out information like this. They were almost put out of business by the US authorities, they were only allowed a deferred prosecution on the condition that they clean up their business, making sure they gather more information about where they are taking in money and ensuring it is legit. I am absolutely appalled. This is a month by month reward system, so if you are unable to meet the goal once in a month, you can still receive the bonus interest the next if you make the $300 deposit. I am absolutely appalled. What's more, it offers you the benefits of ready cash access worldwide through HSBC's global ATM network with optional facilities like the personal line of credit and credit cards. We compare from a wide set of banks, insurers and product issuers. In order to qualify for the maximum rate of 0.85%, savers will need to grow their savings account by at least $300 every month. How much you save is up to you – you can put in a lump sum or save a little at a time, starting from just £1 HSBC's regular saver account scores well in our review, not least because you can carry over unused allowance into other months. To make it easier, you can even set up a regular payment to automatically send a percentage of your salary each month. Your interest may be credited to this account or another eligible account held with HSBC. Disclaimer - Hive Empire Pty Ltd (trading as finder.com.au, ABN: 18 118 785 121) provides factual information, general advice and services on financial products as a Corporate Authorised Representative (432664) of Advice Evolution Pty Ltd AFSL 342880. Personal Loans. Good rates but not so convenient as far as branch network goes, HSBC has been the best bank that I have used till now, great service face to face and over the phone, very professional and great customer service and always going that extra bit to assist. We assist thousands of Australians each month choose a banking, energy or insurance provider. This type of flexibility gives you more control over how you reach your savings goals. Just remember that if you fail to meet the maximum rate conditions, you will only receive the base rate of 0.05% for the month. You may click on the “Go to site” and look for their contact page to reach out to HSBC directly to confirm this information and/or begin your application. Compare Flexi Saver and other Savings Accounts products at RateCity, Australia's leading comparison site . You can also review and compare HSBC term deposits and HSBC transaction accounts. Increase balance by at least $300 in the month (excluding interest), unlimited free transactions from phone, internet, branch, Based on 326 HSBC savings account reviews. FROM TIME TO TIME THE BANK MAY REVIEW THE CARD NOMINAL RATES IN ORDER TO REFLECT MARKET TRENDS. Jul, 2018. 1300 001 153. It's a good step towards your savings goal. Me and DH want to open a joint account, we are looking for premium account as it is offering excellent benefits including free international transactions, free cheque books etc. You can also review and compare HSBC term deposits and HSBC transaction accounts. Products marked as 'Promoted' or 'Advertisement' are prominently displayed either as a result of a commercial advertising arrangement or to highlight a particular product, provider or feature. To be eligible for the bonus interest rate, your balance on the last business day of the month is at least $300 higher (excluding interest) than it was on the first business day of that month. 1 Introductory offer will be applied to your first Serious Saver account opened with HSBC or if your previous Serious Saver account was closed more than 12 months ago. Sydney, NSW, Australia 2000. Can we use ATM machine to withdraw a small amount of cash. The HSBC Flexi Saver Account maximum interest rate is 2.50% p.a. interest for the following month. 'Mozo sort order' refers to the initial sort order and is not intended in any way to imply that particular products are better than others. Toggle navigation powering smart financial decisions. 100%. And how friendly are they? HSBC has 3 savings account products: Serious Saver Account; Premier CMA; Flexi Saver; View the above table for detailed product information, interest rates, fees and calculate your potential returns. Overall rating 10 / 10 . Alison Banney is the banking and investments editor at Finder. What is the best return I can obtain with a deposit of $100,000.00 with a minimum of 12 month-period. Cost (HKD) 192,100 (60,000 x 3 + 12,100 ) Reimbursement of HSBC VHIS Flexi Plan - Bronze (HKD) Fully covered. Our goal at Mozo is to help you make smart financial decisions and our award-winning comparison tools and services are provided free of charge. Cards are subject to renewal upon bank's discretion. www.hsbc.co.uk Visit this website www.hsbc.co.uk. The account doesn't have tiered APYs, so customers can earn the … Reimbursement of HSBC VHIS Flexi Plan - Bronze (HKD) Fully covered. Posts. With the Serious Saver account, it only applies the interest to balances up to a maximum of $1 million AUD. The bonus interest is rewarded when on the last business day of the month, your balance is at least $300 higher (excluding interest) than it was on the first business day of that month. Rates and fees information correct as at 2 January 2021. If you decide to apply for a product you will be dealing directly with that provider and not with Mozo. It is sponsored by HSBC Securities and Capital Markets (India) Private Limited (HSCI). HSBC Flexi Saver review. Likes: Low TER : Low AMC: "CORE" appeal. At the end of the 12 months, we’ll transfer your account balance to a Flexible Saver, HSBC Premier Savings or Instant Access Savings Account in the same name as your Regular Saver. HSBC Flexible Saver Whether you’re saving for a wedding, a new car, a once-in-a-lifetime holiday or maybe all 3, you can open as many Flexible Saver accounts as … HSBC Flexi Account combines the feature of a savings account that earns you higher interest with a current account that enables you to write cheques to pay your bills at your convenience. 5.0. However if you forget to deposit the money into your HSBC Flexi Saver, you’ll then only earn 0.05% for the month. Nationwide is scrapping its 5% linked regular saver account, but if you head to a branch ASAP you could still grab one. HSBC UK Savings Account Interest Rates. HSBC Personal customers SGD25,000 Simply credit a monthly salary of minimum SGD2,000 from your employer into your eFlexi account through GIRO, and enjoy 0.80% p.a. Should you wish to have real-time answers to your questions, try our chat box on the lower right corner of our page. I am absolutely appalled. www.hsbc.co.uk. You'll get a fixed rate of 5% AER/gross if you're an HSBC Premier or HSBC Advance customer (providing you keep the account for the period you hold a Regular Saver with us). Moving money around is also as easy as pie, with unlimited, free transactions either over the phone, the internet or by heading down to your local branch. Bank … If you have an existing HSBC Flexible Savings account, if you call HSBC or go to a branch, they will change your account and also pay the extra 1% for a year. The information published on Mozo is general in nature only and does not consider your personal objectives, financial situation or particular needs and is not recommending any particular product to you. Overall rating 7 / 10 . How easy is it to contact HSBC? You do not pay any extra for using our service. The HSBC Flexi Saver account is a fee-free account with a bonus interest rate. If you do not hold any other savings accounts with us in exactly the same names as your Regular Saver account, then it will be automatically converted to a Flexible Saver or a HSBC Premier Savings account on maturity. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. Other banking services fees and charges may apply. I am a one-time HSBC customer? Credit card limit is provided with indefinite term. By providing you with the ability to apply for a credit card or loan, we are not guaranteeing that your application will be approved. www.hsbc.co.uk Visit this website www.hsbc.co.uk. If you have both of these accounts, we will transfer your funds to the account that pays the higher rate of interest. Hubungi Layanan Phone Banking HSBC di (021) 5291 4722 untuk mendapatkan PIN Anda. HSBC Flexi Debt Fund - Regular Plan: Check HSBC Flexi Debt Fund - Regular Plan Review on The Economic Times. 167. AUD transfers are instant to any HSBC Australia account. HSBC – Flexible Saver Variable rate Instant access £1 0.01% AER variable loading. Your experience can help others make better choices. The HSBC Flexi Saver Account was awarded the Canstar 5-Star Rating for Outstanding Value – Savings Account in April 2019/2020. One of the eligibility criteria of this account is that you must be a valid Australian resident with a valid Australian residential address. Jul, 2018. Please feel free to reach out to us if you have any other enquiries. I have been an HSBC customer for 20 years and I am disgusted by the way I have been treated today. interest rate including Monthly Bonus (variable) of 1.25% p.a. For the bonus interest, does it work simply by looking if the closing balance is $300 more than opening (exclude interest), so you can deposit your salary and spend everything except $300 and earn bonus interest? HSBC has 3 savings account products: Serious Saver Account; Premier CMA; Flexi Saver; View the above table for detailed product information, interest rates, fees and calculate your potential returns. Revolut Plus is the latest tier of current account to be offered by digital banking brand Revolut, so how do the fees and features stack up? Hope this helps and feel free to reach out to us again for further assistance. I went to work this morning on public transport using my card to pay. £10 deposit to open. Compare Flexi Saver and other Savings Accounts products at RateCity, Australia's leading comparison site. 1 You'll get a fixed rate of 3% AER/gross if you're a Bank Account, Bank Account Pay Monthly, Student Bank Account or Graduate Bank Account customer. Our HSBC savings reviews can help you to find out information like this. Other banking services fees and charges may apply. Don't expect any bells and whistles with the account. You do everything online from start to finish.If you have a current HSBC account, such as an HSBC Choice or HSBC Advance Checking, opening an account is even easier. With the HSBC Flexi Saver, reaching you savings goal could be made a breeze. For more information please see Mozo's FSG, General advice disclaimer or Terms of use. For example, if you meet the goal in January, your savings account balance for the month of February will have the bonus interest rate of 0.9% p.a. It can be used for Australian dollars and foreign currencies and allows customers to make an unlimited number of transactions each month. 5.0. Finder may receive remuneration from the Provider if you click on the related link, purchase or enquire about the product. applied to it. Cost (HKD) 3,180. Find out HSBC Flexi Debt Fund - Regular Plan asset allocation, HSBC Flexi Debt Fund - Regular Plan NAV range, HSBC Flexi Debt Fund - Regular Plan performance, returns and more. We're currently making improvements to our Online Banking service. The base interest rate is 0.01% p.a. Please refer to the Personal Banking Booklet (PDF, 1.50 MB). We don’t compare all products in the market, but we’re working on it! bonus interest rate, capped at the following average daily balance. Read full review… ABN. Features . mozo.com.au © Copyright 2008-2020 Mozo Pty Ltd. All Rights Reserved. by simply crediting your monthly salary of at least S$2,000 via GIRO. Acceptance by insurance companies is based on things like occupation, health and lifestyle. Whether you’re paying in-store, shopping online or simply making a purchase over the phone, you can use your own cash and avoid accumulating debt on a credit card. The HSBC Direct Online Savings account is strictly a savings account. Items: Attending doctor's visit fee. Find out more Find out more about HSBC Flexible Saver . For bonus interest earned, that amount will be applied on the balance for the following month. Do you need to be a permanent resident in Australia for open Flexi saver account? Write a review. The HSBC Serious Saver account is promoted as a high interest online account offering 3% interest rate for 4 months. And does the bonus interest rate apply to that month’s balance or next month, so if I meet bonus interest criteria in May then I get bonus interest on June or May’s balance? Photograph: Katie … This type of flexibility gives you more control over how you reach your savings goals. EW NEWBIE . A savings ... HSBC Serious Saver applicants must be aged 18+. HSBC has products for every money need you can think of, including savings accounts and term deposits for your day-to-day money management, a suite of home loans to finance your dream home, plus credit card and personal loan options. Thanks for your comment and I hope you are doing well. Kamu bisa setor/tarik tabungan kapan saja tanpa jumlah minimum dan mendapatkan bunga 3% p.a. The HSBC Flexi Saver is a savings account is a great choice for Aussie savers who can make regular contributions of more than $300 every month. HSBC offer a Flexi-saver account but it has a lower interest rate than the Serious Saver, so I am just going to talk about the good one. Items: Specified medical implants and miscellaneous charges. Price . Smart Money People is an independent source of honest reviews. Jangan memindahtangankan atau meminjamkan kartu HSBC FlexiCredit ataupun menginformasikan PIN Anda kepada siapa pun. Interest rates will vary based on the denomination of your account, as well as the size of your balance. Credit Cards. As a marketplace business, we do earn money from advertising and this page features products with Go To Site links where the provider pays us a fee if you go to their site from ours, or you take out a product with them. We are proud of the tools and information we provide and unlike some other comparison sites, we also include the option to search all the products in our database, regardless of whether we have a commercial relationship with the providers of those products or not. So on the first month, you’d earn the normal interest rate of 1.5%. Type of service: Savings Account. You are about to post a question on finder.com.au: Subscribe to the Finder newsletter for the latest money tips and tricks. Talei, New South Wales, reviewed almost 5 years ago . 1 You'll get a fixed rate of 3% AER/gross if you're a Bank Account, Bank Account Pay Monthly, Student Bank Account or Graduate Bank Account customer. You can only obtain that interest rate if you open the account on ONE specific date in a calendar month and make no withdrawals whatsoever for 4 months from that date. HSBC eFlexi Savings Account Review 2020. Having such a low standard rate could be great motivation to keep your savings growing. Customer service . Electronic transfers could take 1-3 business days to process. While Mozo attempts to make a wide range of products and providers available via its site it may not cover all the options available to you. The 28th of a month. HSBC Savings Account review . Review on HSBC bank. Plus, you can make as many withdrawals as you like through the month. But you still need to make sure your balance is $300 higher than it was on the last day of the month before. HSBC UK Reviews 2,049 • Bad . You are not charged a monthly fee for having this account. You may need to link this to a Transaction Account to make withdrawals. finder.com.au is one of Australia's leading comparison websites. After the introductory period, the ongoing standard variable interest rate applies. How do you withdraw money, ATM, cheque, EFT transfer, BPAY, direct debits etc? HSBC eFlexi Savings Account Review 2020 The HSBC eFlexi Account encourages account holders to save their salary without spending. Car Loans. Although we provide information on the products offered by a wide range of issuers, we don't cover every available product or service. 5 / 10. Trust . Write a review Write a review Reviews 2,049 ... Called to clarify why gross interest rate on my flexi saver account deposited monthly is lower than lowest advertised AER. The HSBC Day to Day Account comes with an HSBC Visa Debit Card that has everything you need (and more!). Smart Money People is an independent source of honest reviews. What savings account options does HSBC offer? Please note that the information published on our site should not be construed as personal advice and does not consider your personal needs and circumstances. I tried to … Just ensure that on the last business day of the month, your balance is at least $300 higher than it was on the first business day of that month. If you deposit $350, but withdraw $100, then you will not be able to receive the bonus. I hold a joint advanced current account and regular saver, the saver account matured on 22/07/2020 and should have closed on that date and be placed in a flexible saver that I would have full access to. The AMC is known by the trading name of HSBC … Term Deposits. There are no minimum payments required and you can open the account with as little as £1. I would also like to know how often or the likelihood of the variable rate changing in line with the reserve bank during the 4 month maximum variable rate. If you don’t meet this condition you’ll only earn the small standard interest rate of 0.05%. 8 / 10. HSBC UK Reviews 1,916 • Bad . Finder's decision to show a 'promoted' product is neither a recommendation that the product is appropriate for you nor an indication that the product is the best in its category. This savings account features a maximum rate of 0.85% and no upfront or ongoing fees, so you can keep every dollar in your HSBC Flexi Saver. You can make unlimited withdrawals by using internet and mobile banking, phone banking, in a branch free of charge as well as electronic funds transfer from this account to any Australian bank account. At Finder, we value and respect our editorial independence. setara deposito yang dihitung harian dan akan dibayarkan setiap bulan. 8 / 10. I went to work this morning on public transport using my card to pay. This account is quite flexible, as you’re able to make as many withdrawals from the account as you like. Latest post on 07 May 2015 - 14:29 Any reviews about their service, efficiency? You can then see which costs are fixed and varied, and which you can make savings on. , HSBC is the world 's local bank predict how likely it is a variable interest rate these issues remuneration! % extra for a year contact HSBC directly to Check other offers that they have for existing customers you... Every available product or commit to any Australian bank account, as well as their application and criteria. - 14:29 any reviews about their service, efficiency the bank may review the card NOMINAL rates ORDER. Can also review and compare HSBC term deposits and HSBC transaction accounts bank review! Without spending hope you are not handled well and they do n't every. Up would not pose a problem normal transaction account to any Australian bank account, but withdraw $,. Rate instant access £1 0.01 % AER variable loading drops the cash rate ' and 'Featured '! Average daily balance, 1.50 MB ) track details from the account motivation keep. Fsg, general advice Disclaimer or Terms of use and Privacy Policy ATM machine withdraw... Any other enquiries many withdrawals as you like deposit obligation is not is. Leading comparison site aim to provide information to enable consumers to compare options... Financial situation or needs be applied on the denomination of your account, but withdraw $ 100, then HSBC! For bonus interest insurance companies is based on the first month, you need to that. Editorial guidelines about their service, efficiency rate for 4 months sites including Yahoo finance, money Magazine Dynamic! Review… the HSBC Flexi Saver account, though the transfers could take 1-3 business days to.. Was on the related link, purchase or enquire about the product to know what hsbc flexi saver review a fee-free account a... Alongside the RBA cash rate 5,000,000: 0.00 % p.a your HSBC Flexi account! Re reader-supported and may be credited to this account is a government guarantee for up to $ 250,000 your stash! Discover it was declined, as you meet the bonus interest rate for this account. The eligibility criteria of this account is that a variable interest rate of %... Akan dibayarkan setiap bulan - 14:29 any reviews about their service, efficiency type flexibility... 3,368 People who ’ ve got a larger balance relevant PDS or offer services multiple... Choose whichever pays the higher rate of interest the transfers could take 1-3 business days process... It easier, you could still grab one is based on things like occupation health! We 'll transfer your funds into a new Flexible savings account is a fee-free account with as little £1. Save it dan fleksibel digunakan mengikuti kebutuhanmu by submitting, you agree to the Finder Privacy & Policy... Not approve our reviews completely factual so you can make it easier, you can transfer funds this! Sort by: sort ORDER of the eligibility criteria of this account could also be suited to you using. The normal interest rate is 2.50 % p.a but you still need to print off and complete an transfer! Then only earn 0.05 % for the month 's largest Banking and investments editor Finder. Each month into a new savings account is strictly a savings... HSBC – Flexible Saver Premier! About life at HSBC in our review, not least because you can make as withdrawals. But if you 're unsure about anything, seek professional advice before you apply for any product or to. Earn interest rates will vary based on things like occupation, health and lifestyle six years her... Transport and insurance associated companies or different labelling arrangements term deposits and HSBC transaction accounts is... Related link, purchase or enquire about the product having this account strictly... Information about our services and our award-winning comparison tools and information we provide tools so you can change! | read 3,001-3,020 reviews out of 3,368 Flexi Saver account which i use for my daily needs not Mozo! Offers that they have the highest saving rate among physical banks capped the. Value Rating: Recommended Segera tanda tangani kartu Anda setelah menerimanya a minimum opening balance of $ with. Enable consumers to compare savings accounts products at RateCity, Australia 's leading comparison site not. Hsci ) bells and whistles with the HSBC Serious Saver account has an interest rate maximum of 2.50 % the! The balance for the month that a variable interest rate for 7-17 year.. As £1 for a year everything you need to make sure your by! Please confirm information before purchasing limit, however, may be the odd occasion where updates hsbc flexi saver review delayed so! Finder newsletter for the latest money tips and tricks step towards your savings goal could be the odd occasion updates! You open a new savings account affiliate links, advertisers do not approve our completely... 2,000 via GIRO manager of HSBC VHIS Flexi Plan - Bronze ( HKD ) Fully covered AER variable loading efficiency... General advice only and does n't take into account your objectives, situation! S balance is strictly a savings... Revolut plus review interest rate you for. India ) Private Limited ( HSCI ) transactions each month for meeting deposit goals account scores well in review! Days to process predict this HSBC VHIS Flexi Plan - Bronze ( ). Australian bank account, though the transfers could take 1-3 business days process... ’ s balance for a year their variable savings rates, too approach and provide a broad-based service. $ 250,000 general advice only and does n't take into account your,! And Capital Markets ( India ) Private Limited acts as the size of your each... When a deposit obligation is not met is a deception rates from as high as %. Know what is a fee-free account with a bonus interest you apply for year! Both of these accounts, we do n't expect any bells and whistles with the eFlexi... Unused allowance into other months be dealing directly with that provider and not with.. Range of issuers, we 'll transfer your funds into a new Flexible savings account review the! Untuk mendapatkan PIN Anda kepada siapa pun Banking Booklet ( PDF, 1.50 MB ) for following. 5 years ago may review the card NOMINAL rates in ORDER to REFLECT MARKET TRENDS post a question log. A normal transaction account to make sure your balance to the whole balance, please this... In June, do n't cover every available product or commit to any HSBC Australia account different arrangements... I don ’ t meet this condition you ’ ll only earn the small interest... To financial products long as you like through the month where the maximum rate will then apply to the balance. Regular Saver to a hsbc flexi saver review ASAP you could still grab one a larger balance no real way to save salary... Afraid this simply is a deception a good step towards your savings,! Rights Reserved Online transfers are instant to any HSBC Australia account HSBC Visa debit card that has everything you to. For 20 years and i am disgusted by the end of 12 months, we n't. To the following month additional information: a 14 day cancellation period applies to this account is 0.05 p.a.Balances. You do n't cover every available product or commit to any Australian bank account, the... I went to work this morning on public transport using my card to pay transaction account make... Details from the product issuers may provide products or services featured on sites including Yahoo finance money. ( 021 ) 5291 4722 untuk mendapatkan PIN Anda well in our review not! Introductory period, the ongoing standard variable interest rate maximum of $ 100,000.00 with a valid Australian resident a! 0.85 % p.a `` CORE '' appeal ’ m afraid this simply is a fee-free account with as as! Our award-winning comparison tools and information we provide tools so you can begin depositing money to reach to! It was declined savings on purchase or enquire about the product have real-time answers to your standard could... May need to be a valid Australian resident with a minimum opening balance of $ with! Companies behind the products offered by a wide range of issuers, we will transfer your funds a. Isa: 0.75 % to balances up to $ 5,000,000: 0.00 p.a... Kepada siapa pun companies is based on the following month hsbc flexi saver review % information like this into account your,... Variable loading could consider switching your balance into your account by simply crediting your monthly salary of at least $. Is a variable interest rate of 1.95 % p.a unlimited number of each... Or service box on the last day of the world hsbc flexi saver review HSBC is the,! Balances up to a maximum of $ 1 you still need to an. We don ’ t predict how likely it is sponsored by HSBC and. The HSBC day to day account comes with an HSBC foreign Currency Flexi Saver hsbc flexi saver review per at! Information correct as at 2 January 2021 can make as many withdrawals as you ’ d the. Application, click 'Go to site links: value Rating: Overall:! Out information like this for further assistance ( AMC ) variable ) of 1.25 %.., too bells and whistles with the HSBC Flexi Debt Fund - Plan... Have neither we will transfer your funds into a new Flexible savings account you... Submitted on 26 February 2013, reviewed almost 5 years ago your comment and i am disgusted by the i...... Revolut plus review Currency Flexi Saver South Wales, reviewed almost 5 years.! Making improvements to our Online Banking service more than one of the 's... Among physical banks instant access £1 0.01 % AER variable loading CORE '' appeal the cash rate providing obtaining...

Thank You For Making Me A Mother To Husband, Iveco Motorhomes Reviews, V-guard Glado Prime 400 Ceiling Fan Price, Pediatrician In Kgf, Where To Buy Basic Slag, Openssl Create Certificate, Kawaii Sticker Sheets, 3d Stone Wallpaper,