Last Updated on 09 June 2020

Credit Bureau Consent, Welcome Offer & General Terms & Conditions

I hereby acknowledge and agree to allow Citibank to share my details with any UAE credit bureau and make enquiries about me with any UAE credit bureau at its sole and absolute discretion. I agree to the Terms and Conditions listed below. Citibank Terms and Conditions apply, are subject to change without prior notice and are available upon request. For the current Terms and Conditions, please visit our website www.citibank.ae. All offers are made available on a best-effort basis and at the sole discretion of Citibank, N.A. Citibank, N.A. makes no warranties and assumes no liability or responsibility with respect to the products and services provided by partners/other entities. By inquiring about our services, offers or products, you will be authorizing our representatives to approach you on your contact details including your telephone/mobile number for any product or service offered by Citibank. The applicant agrees to be bound by Citibank’s General Terms and Conditions available on the website www.citibank.ae. The applicant hereby represents and warrants that the information provided herein is true, accurate, and complete and that he/she agrees to remain responsible for and to indemnify Citibank, N.A. from and against any losses, claims and/or liabilities incurred by Citibank NA as a result of having relied on such information. Citibank, N.A. is not required to verify the information provided by the applicant and neither is the bank obliged to provide the applicant with any loans or credit facilities based on the provided information. The products and services mentioned on this website are not offered to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Monaco, San Marino, Vatican, The Isle of Man or the UK. This page is not, and should not be construed as, an offer, invitation or solicitation to buy or sell any of the products and services mentioned herein to such individuals.

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HSBC Savings Account

HSBC Bank

Savings Account

Min Balance to Maintain

AED 3K

Monthly Fee

AED 0

Annual Fee

AED 0

Minimum Salary

AED 7.5K

Relationship Manager

No

Yes

HSBC
min balance

AED 3K

Min Balance to Maintain

monthly fee

AED 0

Monthly Fee

annual fee

AED 0

Annual Fee

min salary

AED 7.5K

Minimum Salary

relationship manager

No

Relationship Manager

Yes

Currency Account

View details on bank page

Features

  • Get upto two free cash withdrawals and one free balance enquiry on non HSBC UAE Switch ATMs.
  • An HSBC Savings Account is the secure and flexible way to save for the things that are important to you.
  • This account is free of charge as long as the minimum balance is maintained.
  • You can avail this AED, USD, EUR, GBP and RMB account currencies
  • You require a minimum balance of AED 3000 to avail this account.
  • An interest of 0.10% is paid on this account.

Required Documents

  • Original passport.
  • Valid residence visa (for non-GCC National customers only).
  • Original Emirates Identification Card.
  • Proof of UAE residence in the form of either a utility bill/ rental/ lease agreement/ title deed/ employment letter.
  • Original labour card/work ID.
  • Original trade license.
  • For income transfer customers, original income transfer letter from the employer must be provided

Main Benefits

  • You will get a free international HSBC debit card along with this account with many features.
  • Avail high cash withdrawal limit of upto AED 8000 with this account.
  • Get six free over-the-counter transactions every month if done using AED.
  • Make use of the advantage of 24/7 banking through Internet Banking, Phone Banking, Mobile Banking and SMS alerts.
  • Avail 50 cash deposit machines around the UAE for instant credit into your account.
  • 53 cheque deposit machines at key locations in the UAE without requiring a card and PIN.
  • Discounts of up to 30% at over 400 restaurants, with the I Love Dining program.
  • Buy-1-Get-1-Free movie tickets at all VOX Cinemas in the UAE.
  • A free HSBC Entertainer App with over 8000 Buy-1-Get-1-Free offers.
  • HSBC Visa Cashback Credit Card that offers you up to 10% cashback on all your spends

Frequently Asked Questions

⭐ How can I open HSBC Savings Account?

A. The applicant can open this account through online form by visiting HSBC branch or by calling at HSBC customer service.

⭐ In which currency HSBC Savings Account is available for opening?

A. The applicant can open this account in multiple currencies like- AED, USD, EUR, GBP, RMB currencies.

⭐ Is there any cash withdrawal limit with HSBC Savings Account?

A. You can avail up to 2 free withdrawals on non-HSBC UAE switch ATMs p.m.

⭐ Are there any charges on transactions made with HSBC Savings Account?

A. You can avail six free transactions every month if it is done in AED currency.

⭐ How can we access HSBC Savings Account?

A. We can access this account through its 24/7 online banking, phone banking, mobile banking & SMS service.

⭐ What is the minimum balance required for opening HSBC Savings Account?

A. AED 3,000 is required for opening HSBC Savings account.

⭐ How can I access this account?

A. You can access this account via its internet & phone banking, mobile banking & SMS service anytime.

⭐ What is the interest rate do we get on HSBC savings account?

A. We can earn a 0.1% profit rate on this account.

HSBC

In 1946, the British Bank of Iran and the Middle East commenced banking activities for Middle East citizens. Post withdrawing from Iran, the bank was renamed as the British Bank of the Middle East (BBME). Hong Kong and Shanghai Banking Corporation (HSBC) acquired BBME in 1959 and played a pivotal role in the establishment of the banking sector in the region. HSBC has a sustainability strategy of doing business. The main areas of focus are:

  • Sustainable Finance
  • Sustainable Operations
  • Sustainable Communities

This is in sync with their global sustainability model.

   Get in touch with HSBC Customer Care

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