HSBC Savings Accounts in UAE

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Features of HSBC Savings Account

  • You can avail this account both in joint and sole purposes.
  • You need to maintain a minimum balance with this account.
  • You can avail the savings accounts from HSBC in AED and various other international currencies.
  • You can earn interest on this account and avail cash immediately upon your requirements from HSBC.
  • Avail over the counter transactions with your HSBC savings accounts.
  • Get an access to 50 cash deposit machines and 53 cheque deposit machines with your HSBC accounts.
  • There is a very high cash withdrawal if you avail any of the HSBC savings accounts.

Documents Required of HSBC Savings Account

  • Original passport.
  • Valid residence visa.
  • 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.

HSBC Savings Account

HSBC Bank

3 HSBC Bank Savings Accounts

Flexi Account

Interest Rate

0.02%

Min Balance to Maintain

AED 0

Monthly Fee

AED 0

Relationship Manager

No

Yes

interest rate

0.02%

Interest Rate

minimum balance

AED 0

Min Balance to Maintain

monthly fee

AED 0

Monthly Fee

minimum salary

AED 0

Minimum Salary

relationship manager

No

Relationship Manager

Yes

Currency Account

Features

  • Interest rate is provided up to 0.02% per annum
  • There are no monthly fees charged
  • No relationship manager is provided
Apply Now

Features

  • Interest rate is provided up to 0.02% per annum
  • There are no monthly fees charged
  • No relationship manager is provided
  • Only UAE residents are eligible
  • Provides high benefits on the account

Benefits

  • No minimum balance is required on the account
  • No salary transfer is required on the account
  • Get a free HSBC Cashback credit card
  • Get 10% cashback on the credit card, access to HSBC Entertainer App, Buy 1 Get 1 free movie tickets at VOX cinemas, 12 free visits to 1000+ airport lounges worldwide
  • Free money transfers to India, Egypt, Pakistani and the Philippines
Apply Now
View Details

View details on bank page

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

minimum balance

AED 3K

Min Balance to Maintain

monthly fee

AED 0

Monthly Fee

annual fee

AED 0

Annual Fee

minimum salary

AED 7.5K

Minimum Salary

relationship manager

No

Relationship Manager

Yes

Currency Account

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.
Apply Now

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.

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
Apply Now
View Details

View details on bank page

eSaver

Min Balance to Maintain

AED 0

Monthly Fee

AED 0

Annual Fee

AED 0

Minimum Salary

AED 7.5K

Relationship Manager

No

minimum balance

AED 0

Min Balance to Maintain

monthly fee

AED 0

Monthly Fee

annual fee

AED 0

Annual Fee

minimum salary

AED 7.5K

Minimum Salary

relationship manager

No

Relationship Manager

Features

  • Interest rates on this account depends upon different tiers.
  • You can turn your savings into winnings with this account.
Apply Now

Features

  • Interest rates on this account depends upon different tiers.
  • You can turn your savings into winnings with this account.

Benefits

  • You can avail the flexibility of one withdrawal a month without losing interest.
  • You can access your account with online banking.
  • You can withdraw your money with esaver account through online banking and telegraphic transfers.
  • You can top up your savings through recurring monthly payments or lump sum deposits.
Apply Now
View Details

View details on bank page

Benefits

  • A free HSBC Entertainer App with over 8000 Buy-1-Get-1-Free offers.
  • Buy-1-Get-1-Free movie tickets at all VOX Cinemas in the UAE.
  • Discounts of up to 30% at over 400 restaurants, with the I Love Dining program

Frequently Asked Questions

⭐ Can I avail a free debit card with HSBC Savings Accounts?

A. Yes you can avail a debit card which can be used internationally at over 25 million outlets and 1 million ATMs.

⭐ Do I have to transfer my salary to avail the benefits from my HSBC savings accounts?

A. Yes, you have to transfer your salary to avail any of the benefits from HSBC.

⭐ Can I avail cash withdrawals with HSBC savings accounts?

A. Yes, you can avail cash withdrawals from all your HSBC savings accounts.

⭐ Is there any online savings account available with HSBC?

A. Yes, there is an account called HSBC eSavers account which can be availed online.

⭐ Is there any criteria of balance requirement to open HSBC account online?

A. No, there is no requirement of any balance to open your HSBC account online.

⭐ How to open HSBC bank savings account?

A. You can apply for savings account online or can call at 8004447776 (within UAE) +97143254573 (outside UAE).

⭐ What are the benefits of HSBC savings account?

  • Multi Currency account
  • Free international Visa debit card
  • Free six over the counter transactions in AED every month
  • 32 cheque deposit machines at key locations across UAE
  • Up to 2 cash withdrawals & 1 balance enquiry free
  • Provides Visa cashback credit card that offers up to 10% cashback
  • ⭐ What are the documents required for HSBC savings account?

  • Original passport
  • Emirates ID
  • Original trade licence
  • Proof of UAE residence like - utility bill, rent etc
  • Work ID
  • ⭐ What is the minimum balance required to maintain monthly in HSBC Savings Account?

    A. AED 3000 is required to maintain monthly in the HSBC savings account.

    ⭐ What are the annual charges on HSBC savings account?

    A. There are no annual charges on HSBC savings account.

    About 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 Bank Customer Care

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