Yahoo Finance HSBC Everyday Global Account - an even more rewarding way to save and earn!
This content was produced in partnership with HSBC
In an era where almost everything is digitally enabled with a wide variety of investment products and services available at your fingertips, the idea of ‘making your money work for you’ seems rather enticing and easy to realise.
In reality, financial decisions involve high levels of risk that require the right assessment to ensure that your future remains secure, especially during a time of pandemic-induced uncertainty.
The smarter way to save
For a safer way to grow your savings, opting for a multi-currency bank account with a rewards programme in Singapore could benefit you in a variety of ways. It may allow you to earn more money than a regular savings account by accumulating bonus interest on top of a base interest amount. All you would have to do is fulfil a few requirements, which vary depending on the bank you choose.
As it is with any other financial product, it is important to understand how these requirements could impact you both in the short and long term. You can earn bonus interest by setting aside your salary into the savings account, meeting a minimum monthly credit card spending limit, or both.
More Rewards with Everyday+, enhancement to HSBC Everyday Global Account (EGA)
The HSBC EGA goes beyond meeting the needs of a savvy modern customer. While safeguarding your savings, it was designed to make life more convenient for you by enhancing different facets of the banking experience, in particular, cross-border transactions. With the HSBC EGA, you can easily transact in up to 11 different currencies and enjoy $0 fees* for retail purchases and cash withdrawals.
What’s more, HSBC’s EGA offers one of the highest capped cash rewards in the market with the lowest barrier to entry, including no salary crediting requirements and a minimal card spending amount to meet, you will enjoy extra benefits like cash back rewards on GIRO bill payment, credit card and HSBC EGA debit card transactions, as well as a one-time bonus cash reward after 6 months. Refer to the table below to find out more about HSBC EGA’s Everyday+ rewards programme**.
Find out how the HSBC Everyday+ can take your money further here.
Terms & conditions apply here.
Disclaimer
* Applies to successful retail purchase, online shopping and cash withdrawal made via the 10 supported currencies. If you do not have sufficient foreign currencies to complete the transactions, we will convert the transaction at a prevailing rate as determined by the bank and bill you in Singapore dollar. (Source)
** HSBC Everyday+ Rewards Programme’s T&Cs apply. (Source)
Deposit Insurance Scheme:
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
